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

Patterson Uti Energy has reported Other Accumulated Expenses for 14 years, with the latest figure at $38.5 million in Q4 2023.

• Quarterly Other Accumulated Expenses rose 35.3% year-over-year to $38.5 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $38.5 million (up 35.3% YoY) and the FY2023 annual result came in at $38.5 million, up 35.3% from the prior year.
• Other Accumulated Expenses fell to $38.5 million in Q4 2023 per PTEN's latest filing, from $41.9 million in the prior quarter.
• Over five years, Other Accumulated Expenses peaked at $48.5 million in Q1 2019 and troughed at $2.7 million in Q2 2023.
• A 5-year average of $22.8 million and a median of $25.9 million in 2020 frame the typical range for Other Accumulated Expenses.
• The sharpest annual moves came in 2022 and 2023: Other Accumulated Expenses soared 338.59% in 2022, then tumbled 93.1% in 2023.
• Over 5 years, Other Accumulated Expenses stood at $37.5 million in 2019, then plunged by 77.42% to $8.5 million in 2020, then retreated by 23.26% to $6.5 million in 2021, then jumped by 338.59% to $28.5 million in 2022, then jumped by 35.3% to $38.5 million in 2023.
• According to Business Quant data, Other Accumulated Expenses over the past three periods registered $38.5 million, $41.9 million, and $2.7 million for Q4 2023, Q3 2023, and Q2 2023 respectively.