Patterson Uti Energy (PTEN) Raw Materials (2015 - 2023)
Patterson Uti Energy's (PTEN) quarterly Raw Materials came in at $141.3 million in Q4 2023, up 124.27% year-on-year from $63.0 million in Q4 2022, and down 7.48% quarter-over-quarter from $152.7 million in Q3 2023.
Patterson Uti Energy (PTEN) Raw Materials (2015 - 2023) Analysis & Trends
Patterson Uti Energy has disclosed Raw Materials across 9 years of filings, most recently posting $141.3 million for Q4 2023.
- Raw Materials for Q4 2023 came in at $141.3 million, up 124.27% year-over-year; the trailing twelve-month figure through Dec 2023 was $141.3 million (up 124.27% YoY), and the FY2023 annual result was $141.3 million, up 124.27% from the prior year.
- Raw Materials came in at $141.3 million for Q4 2023 at Patterson Uti Energy, down from $152.7 million in the prior quarter.
- In the past five years, Raw Materials ranged from a high of $152.7 million in Q3 2023 to a low of $31.7 million in Q4 2020.
- The 5-year median for Raw Materials is $42.2 million (2021), against an average of $54.3 million.
- Across the five-year window, Raw Materials plunged 45.11% in 2020 and jumped 192.81% in 2023, its largest moves.
- Patterson Uti Energy's Raw Materials stood at $35.0 million in 2019, then slipped by 9.54% to $31.7 million in 2020, then grew by 29.29% to $41.0 million in 2021, then soared by 53.82% to $63.0 million in 2022, then jumped by 124.27% to $141.3 million in 2023.
- The last three Raw Materials figures came in at $141.3 million (Q4 2023), $152.7 million (Q3 2023), and $62.0 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| 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 |