Patterson Uti Energy (PTEN) Prepaid Assets (2009 - 2026)
Patterson Uti Energy (PTEN) posted Prepaid Assets of $92.1 million for Q1 2026, down 19.17% sequentially from $113.9 million in Q4 2025, and down 25.85% YoY from $124.1 million in Q1 2025.
Patterson Uti Energy (PTEN) Prepaid Assets (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Prepaid Assets for 18 years, with the latest figure at $92.1 million in Q1 2026.
- Quarterly Prepaid Assets fell 25.85% year-over-year to $92.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $92.1 million (down 25.85% YoY) and the FY2025 annual result came in at $113.9 million, down 7.55% from the prior year.
- Prepaid Assets declined to $92.1 million in Q1 2026 per PTEN's latest filing, from $113.9 million in the prior quarter.
- Over five years, Prepaid Assets peaked at $165.0 million in Q2 2024 and troughed at $21.2 million in Q1 2023.
- A 5-year average of $107.8 million and a median of $120.6 million in 2025 frame the typical range for Prepaid Assets.
- The sharpest annual moves came in 2023 and 2024: Prepaid Assets plunged 65.6% in 2023, then jumped 505.35% in 2024.
- Over 5 years, Prepaid Assets stood at $61.0 million in 2022, then jumped by 131.47% to $141.1 million in 2023, then dropped by 12.7% to $123.2 million in 2024, then retreated by 7.55% to $113.9 million in 2025, then declined by 19.17% to $92.1 million in 2026.
- According to Business Quant data, Prepaid Assets over the past three periods registered $92.1 million, $113.9 million, and $134.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 108.60 Mn |
| Mar 31, 2026 | 92.06 Mn |
| Dec 31, 2025 | 113.89 Mn |
| Sep 30, 2025 | 134.21 Mn |
| Jun 30, 2025 | 120.64 Mn |
| Mar 31, 2025 | 124.15 Mn |
| Dec 31, 2024 | 123.19 Mn |
| Sep 30, 2024 | 150.24 Mn |
| Jun 30, 2024 | 165.00 Mn |
| Mar 31, 2024 | 128.50 Mn |
| Dec 31, 2023 | 141.12 Mn |
| Sep 30, 2023 | 160.68 Mn |
| Jun 30, 2023 | 91.95 Mn |
| Mar 31, 2023 | 21.23 Mn |
| Dec 31, 2022 | 60.97 Mn |
| Sep 30, 2022 | 68.29 Mn |
| Jun 30, 2022 | 74.71 Mn |
| Mar 31, 2022 | 61.70 Mn |
| Dec 31, 2021 | 67.62 Mn |
| Sep 30, 2021 | 54.07 Mn |