Patterson Uti Energy (PTEN) Receivables (2009 - 2026)
Patterson Uti Energy (PTEN) posted Receivables of $742.4 million for Q1 2026, up 2.64% sequentially from $723.3 million in Q4 2025, and down 7.24% YoY from $800.3 million in Q1 2025.
Patterson Uti Energy (PTEN) Receivables (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Receivables for 18 years, with the latest figure at $742.4 million in Q1 2026.
- Quarterly Receivables fell 7.24% year-over-year to $742.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $742.4 million (down 7.24% YoY) and the FY2025 annual result came in at $723.3 million, down 5.31% from the prior year.
- Receivables grew to $742.4 million in Q1 2026 per PTEN's latest filing, from $723.3 million in the prior quarter.
- Over five years, Receivables peaked at $1.0 billion in Q3 2023 and troughed at $377.6 million in Q1 2022.
- A 5-year average of $714.2 million and a median of $763.8 million in 2024 frame the typical range for Receivables.
- The sharpest annual moves came in 2022 and 2024: Receivables soared 140.6% in 2022, then fell 21.35% in 2024.
- Over 5 years, Receivables stood at $565.5 million in 2022, then soared by 71.72% to $971.1 million in 2023, then dropped by 21.35% to $763.8 million in 2024, then slipped by 5.31% to $723.3 million in 2025, then rose by 2.64% to $742.4 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $742.4 million, $723.3 million, and $800.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 547.81 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 604.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 919.67 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 869.46 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 335.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 292.90 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 512.37 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 251.92 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 471.90 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 50.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 919.67 Mn |
| Mar 31, 2026 | 742.38 Mn |
| Dec 31, 2025 | 723.28 Mn |
| Sep 30, 2025 | 800.45 Mn |
| Jun 30, 2025 | 770.90 Mn |
| Mar 31, 2025 | 800.29 Mn |
| Dec 31, 2024 | 763.81 Mn |
| Sep 30, 2024 | 863.78 Mn |
| Jun 30, 2024 | 866.93 Mn |
| Mar 31, 2024 | 872.77 Mn |
| Dec 31, 2023 | 971.09 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 491.05 Mn |
| Mar 31, 2023 | 493.04 Mn |
| Dec 31, 2022 | 565.52 Mn |
| Sep 30, 2022 | 546.44 Mn |
| Jun 30, 2022 | 473.15 Mn |
| Mar 31, 2022 | 377.57 Mn |
| Dec 31, 2021 | 356.08 Mn |
| Sep 30, 2021 | 263.19 Mn |