Patterson Uti Energy (PTEN) Payables (2009 - 2026)
Patterson Uti Energy (PTEN) posted Payables of $442.4 million for Q1 2026, down 6.02% sequentially from $470.8 million in Q4 2025, and down 13.92% YoY from $514.0 million in Q1 2025.
Patterson Uti Energy (PTEN) Payables (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Payables for 18 years, with the latest figure at $442.4 million in Q1 2026.
- Quarterly Payables fell 13.92% year-over-year to $442.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $442.4 million (down 13.92% YoY) and the FY2025 annual result came in at $470.8 million, up 11.74% from the prior year.
- Payables retreated to $442.4 million in Q1 2026 per PTEN's latest filing, from $470.8 million in the prior quarter.
- Over five years, Payables peaked at $579.7 million in Q3 2023 and troughed at $206.8 million in Q1 2022.
- A 5-year average of $402.5 million and a median of $442.4 million in 2026 frame the typical range for Payables.
- The sharpest annual moves came in 2023 and 2024: Payables jumped 125.44% in 2023, then decreased 21.16% in 2024.
- Over 5 years, Payables stood at $237.1 million in 2022, then surged by 125.44% to $534.4 million in 2023, then fell by 21.16% to $421.3 million in 2024, then climbed by 11.74% to $470.8 million in 2025, then dropped by 6.02% to $442.4 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $442.4 million, $470.8 million, and $461.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 323.96 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 283.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 513.17 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 232.78 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 61.60 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 365.47 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 218.74 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 416.00 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 443.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 513.17 Mn |
| Mar 31, 2026 | 442.42 Mn |
| Dec 31, 2025 | 470.78 Mn |
| Sep 30, 2025 | 461.27 Mn |
| Jun 30, 2025 | 426.51 Mn |
| Mar 31, 2025 | 513.96 Mn |
| Dec 31, 2024 | 421.32 Mn |
| Sep 30, 2024 | 493.36 Mn |
| Jun 30, 2024 | 476.46 Mn |
| Mar 31, 2024 | 544.86 Mn |
| Dec 31, 2023 | 534.42 Mn |
| Sep 30, 2023 | 579.72 Mn |
| Jun 30, 2023 | 245.56 Mn |
| Mar 31, 2023 | 271.44 Mn |
| Dec 31, 2022 | 237.06 Mn |
| Sep 30, 2022 | 263.76 Mn |
| Jun 30, 2022 | 252.69 Mn |
| Mar 31, 2022 | 206.80 Mn |
| Dec 31, 2021 | 190.22 Mn |
| Sep 30, 2021 | 165.78 Mn |