Patterson Uti Energy (PTEN) Other Accumulated Expenses (2010 - 2023)
Patterson Uti Energy's (PTEN) quarterly Other Accumulated Expenses came in at $38.5 million in Q4 2023, up 957.52% year-on-year from $3.6 million in Q4 2022, and up 229.59% quarter-over-quarter from $11.7 million in Q3 2023.
Patterson Uti Energy (PTEN) Other Accumulated Expenses (2010 - 2023) Analysis & Trends
Patterson Uti Energy has disclosed Other Accumulated Expenses across 14 years of filings, most recently posting $38.5 million for Q4 2023.
- Other Accumulated Expenses for Q4 2023 came in at $38.5 million, up 957.52% year-over-year; the trailing twelve-month figure through Dec 2023 was $38.5 million (up 957.52% YoY), and the FY2023 annual result was $38.5 million, up 957.52% from the prior year.
- Other Accumulated Expenses came in at $38.5 million for Q4 2023 at Patterson Uti Energy, up from $11.7 million in the prior quarter.
- In the past five years, Other Accumulated Expenses ranged from a high of $38.7 million in Q2 2022 to a low of $2.7 million in Q2 2023.
- The 5-year median for Other Accumulated Expenses is $9.2 million (2019), against an average of $15.9 million.
- Peak annual rise in Other Accumulated Expenses reached 957.52% in 2023, while the deepest fall reached 93.1% in 2023.
- Patterson Uti Energy's Other Accumulated Expenses stood at $9.2 million in 2019, then dropped by 8.2% to $8.5 million in 2020, then declined by 23.26% to $6.5 million in 2021, then tumbled by 43.89% to $3.6 million in 2022, then jumped by 957.52% to $38.5 million in 2023.
- The last three Other Accumulated Expenses figures came in at $38.5 million (Q4 2023), $11.7 million (Q3 2023), and $2.7 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 38.54 Mn |
| Sep 30, 2023 | 11.69 Mn |
| Jun 30, 2023 | 2.67 Mn |
| Mar 31, 2023 | 3.74 Mn |
| Dec 31, 2022 | 3.64 Mn |
| Sep 30, 2022 | 4.48 Mn |
| Jun 30, 2022 | 38.69 Mn |
| Mar 31, 2022 | 29.44 Mn |
| Dec 31, 2021 | 6.49 Mn |
| Sep 30, 2021 | 21.41 Mn |
| Jun 30, 2021 | 7.43 Mn |
| Mar 31, 2021 | 24.07 Mn |
| Dec 31, 2020 | 8.46 Mn |
| Sep 30, 2020 | 7.92 Mn |
| Jun 30, 2020 | 9.19 Mn |
| Mar 31, 2020 | 37.15 Mn |
| Dec 31, 2019 | 9.22 Mn |
| Sep 30, 2019 | 36.04 Mn |
| Jun 30, 2019 | 8.84 Mn |
| Mar 31, 2019 | 9.61 Mn |