Patterson Uti Energy (PTEN) Raw Materials (2015 - 2023)
Patterson Uti Energy (PTEN) posted Raw Materials of $141.3 million for Q4 2023, down 7.48% sequentially from $152.7 million in Q3 2023, and up 124.27% YoY from $63.0 million in Q4 2022.
Patterson Uti Energy (PTEN) Raw Materials (2015 - 2023) Analysis & Trends
Patterson Uti Energy has reported Raw Materials for 9 years, with the latest figure at $141.3 million in Q4 2023.
- Quarterly Raw Materials rose 124.27% year-over-year to $141.3 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $141.3 million (up 124.27% YoY) and the FY2023 annual result came in at $141.3 million, up 124.27% from the prior year.
- Raw Materials fell to $141.3 million in Q4 2023 per PTEN's latest filing, from $152.7 million in the prior quarter.
- Over five years, Raw Materials peaked at $152.7 million in Q3 2023 and troughed at $31.7 million in Q4 2020.
- A 5-year average of $54.3 million and a median of $42.2 million in 2021 frame the typical range for Raw Materials.
- The sharpest annual moves came in 2020 and 2023: Raw Materials plunged 45.11% in 2020, then soared 192.81% in 2023.
- Over 5 years, Raw Materials stood at $35.0 million in 2019, then declined by 9.54% to $31.7 million in 2020, then rose by 29.29% to $41.0 million in 2021, then surged by 53.82% to $63.0 million in 2022, then soared by 124.27% to $141.3 million in 2023.
- According to Business Quant data, Raw Materials over the past three periods registered $141.3 million, $152.7 million, and $62.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 141.31 Mn |
| Sep 30, 2023 | 152.73 Mn |
| Jun 30, 2023 | 62.03 Mn |
| Mar 31, 2023 | 60.58 Mn |
| Dec 31, 2022 | 63.01 Mn |
| Sep 30, 2022 | 52.16 Mn |
| Jun 30, 2022 | 50.87 Mn |
| Mar 31, 2022 | 43.39 Mn |
| Dec 31, 2021 | 40.96 Mn |
| Sep 30, 2021 | 33.42 Mn |
| Jun 30, 2021 | 33.02 Mn |
| Mar 31, 2021 | 33.25 Mn |
| Dec 31, 2020 | 31.68 Mn |
| Sep 30, 2020 | 31.91 Mn |
| Jun 30, 2020 | 33.16 Mn |
| Mar 31, 2020 | 32.51 Mn |
| Dec 31, 2019 | 35.02 Mn |
| Sep 30, 2019 | 36.18 Mn |
| Jun 30, 2019 | 60.41 Mn |
| Mar 31, 2019 | 59.18 Mn |