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
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 |
| 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 |