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Patterson Uti Energy (PTEN) Raw Materials (2015 - 2023)

Patterson Uti Energy recorded quarterly Raw Materials of $141.3 million in Q4 2023, down 7.48% quarter-over-quarter from $152.7 million in Q3 2023, and up 124.27% year-over-year from $63.0 million in Q4 2022.

Patterson Uti Energy's Raw Materials history runs 9 years deep, the most recent figure standing at $141.3 million for Q4 2023.

  • In Q4 2023, Raw Materials rose 124.27% year-over-year to $141.3 million; the TTM figure through Dec 2023 stood at $141.3 million (up 124.27% YoY), while the FY2023 annual figure 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.
  • A 5-year average of $54.3 million and a median of $42.2 million in 2021 frame the typical range for Raw Materials.
  • Across the five-year window, Raw Materials tumbled 45.11% in 2020 and surged 192.81% in 2023, its largest moves.
  • Patterson Uti Energy's Raw Materials stood at $35.0 million in 2019, then dropped by 9.54% to $31.7 million in 2020, then increased by 29.29% to $41.0 million in 2021, then jumped by 53.82% to $63.0 million in 2022, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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DateValue
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
Dec 31, 2018 58.86 Mn
Sep 30, 2018 62.95 Mn
Jun 30, 2018 76.42 Mn
Mar 31, 2018 68.63 Mn
Dec 31, 2017 66.37 Mn
Sep 30, 2017 35.43 Mn
Jun 30, 2017 32.69 Mn
Mar 31, 2017 18.24 Mn
Dec 31, 2016 18.39 Mn
Dec 31, 2015 14.72 Mn