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Patterson Uti Energy (PTEN) Other Accumulated Expenses (2010 - 2023)

Patterson Uti Energy recorded quarterly Other Accumulated Expenses of $38.5 million in Q4 2023, up 229.59% quarter-over-quarter from $11.7 million in Q3 2023, and up 957.52% year-over-year from $3.6 million in Q4 2022.

Patterson Uti Energy's Other Accumulated Expenses history runs 14 years deep, the most recent figure standing at $38.5 million for Q4 2023.

  • In Q4 2023, Other Accumulated Expenses rose 957.52% year-over-year to $38.5 million; the TTM figure through Dec 2023 stood at $38.5 million (up 957.52% YoY), while the FY2023 annual figure 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.
  • A 5-year average of $15.9 million and a median of $9.2 million in 2019 frame the typical range for Other Accumulated Expenses.
  • On a YoY basis, Other Accumulated Expenses climbed as much as 957.52% in 2023 and fell as far as 93.1% in 2023.
  • Patterson Uti Energy's Other Accumulated Expenses stood at $9.2 million in 2019, then declined by 8.2% to $8.5 million in 2020, then fell by 23.26% to $6.5 million in 2021, then slumped by 43.89% to $3.6 million in 2022, then surged by 957.52% to $38.5 million in 2023.
  • According to Business Quant data, Other Accumulated Expenses over the past three periods registered $38.5 million, $11.7 million, and $2.7 million for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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DateValue
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
Dec 31, 2018 35.27 Mn
Sep 30, 2018 12.21 Mn
Jun 30, 2018 40.63 Mn
Mar 31, 2018 14.17 Mn
Dec 31, 2017 10.82 Mn
Sep 30, 2017 31.65 Mn
Jun 30, 2017 28.18 Mn
Mar 31, 2017 15.94 Mn
Dec 31, 2016 9.57 Mn
Sep 30, 2016 26.50 Mn
Jun 30, 2016 10.21 Mn
Mar 31, 2016 12.61 Mn
Dec 31, 2015 29.65 Mn
Sep 30, 2015 31.81 Mn
Jun 30, 2015 34.81 Mn
Mar 31, 2015 33.94 Mn
Dec 31, 2014 9.63 Mn
Sep 30, 2014 11.18 Mn
Jun 30, 2014 10.65 Mn
Mar 31, 2014 7.30 Mn
Dec 31, 2013 9.55 Mn
Sep 30, 2013 6.60 Mn
Jun 30, 2013 5.38 Mn
Mar 31, 2013 7.65 Mn
Dec 31, 2012 5.41 Mn
Sep 30, 2012 9.36 Mn
Jun 30, 2012 8.79 Mn
Mar 31, 2012 7.99 Mn
Dec 31, 2011 6.01 Mn
Sep 30, 2011 8.76 Mn
Jun 30, 2011 16.44 Mn
Dec 31, 2010 12.65 Mn