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
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