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
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