Patterson Uti Energy (PTEN) Receivables Refunds (2009 - 2023)
Patterson Uti Energy recorded quarterly Receivables Refunds of $20.8 million in Q3 2023, up 68.1% quarter-over-quarter from $12.4 million in Q2 2023, and up 7468.73% year-over-year from $275000.0 in Q3 2022.
Patterson Uti Energy's Receivables Refunds history runs 15 years deep, the most recent figure standing at $20.8 million for Q3 2023.
- In Q3 2023, Receivables Refunds rose 7468.73% year-over-year to $20.8 million; the TTM figure through Sep 2023 stood at $20.8 million (up 7468.73% YoY), while the FY2022 annual figure was $399000.0, up 495.52% from the prior year.
- Receivables Refunds came in at $20.8 million for Q3 2023 at Patterson Uti Energy, up from $12.4 million in the prior quarter.
- In the past five years, Receivables Refunds ranged from a high of $20.8 million in Q3 2023 to a low of $64000.0 in Q3 2021.
- A 5-year average of $4.4 million and a median of $4.1 million in 2019 frame the typical range for Receivables Refunds.
- Across the five-year window, Receivables Refunds sank 99.17% in 2021 and jumped 7468.73% in 2023, its largest moves.
- Patterson Uti Energy's Receivables Refunds stood at $6.4 million in 2019, then slumped by 30.78% to $4.4 million in 2020, then tumbled by 98.49% to $67000.0 in 2021, then soared by 495.52% to $399000.0 in 2022, then jumped by 5116.54% to $20.8 million in 2023.
- According to Business Quant data, Receivables Refunds over the past three periods registered $20.8 million, $12.4 million, and $525000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 58.58 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 |
|---|---|
| Sep 30, 2023 | 20.81 Mn |
| Jun 30, 2023 | 12.38 Mn |
| Mar 31, 2023 | 525,000.00 |
| Dec 31, 2022 | 399,000.00 |
| Sep 30, 2022 | 275,000.00 |
| Jun 30, 2022 | 187,000.00 |
| Mar 31, 2022 | 67,000.00 |
| Dec 31, 2021 | 67,000.00 |
| Sep 30, 2021 | 64,000.00 |
| Jun 30, 2021 | 72,000.00 |
| Mar 31, 2021 | 169,000.00 |
| Dec 31, 2020 | 4.43 Mn |
| Sep 30, 2020 | 4.78 Mn |
| Jun 30, 2020 | 8.73 Mn |
| Mar 31, 2020 | 8.37 Mn |
| Dec 31, 2019 | 6.40 Mn |
| Sep 30, 2019 | 5.99 Mn |
| Jun 30, 2019 | 5.95 Mn |
| Mar 31, 2019 | 4.08 Mn |
| Dec 31, 2018 | 4.11 Mn |
| Jun 30, 2018 | 1.17 Mn |
| Mar 31, 2018 | 1.13 Mn |
| Dec 31, 2017 | 1.15 Mn |
| Sep 30, 2017 | 630,000.00 |
| Jun 30, 2017 | 3.67 Mn |
| Mar 31, 2017 | 1.88 Mn |
| Dec 31, 2016 | 2.13 Mn |
| Sep 30, 2016 | 3.84 Mn |
| Jun 30, 2016 | 36.67 Mn |
| Mar 31, 2016 | 37.32 Mn |
| Dec 31, 2015 | 33.45 Mn |
| Sep 30, 2015 | 30.95 Mn |
| Dec 31, 2014 | 81.73 Mn |
| Jun 30, 2014 | 2.85 Mn |
| Jun 30, 2013 | 2.37 Mn |
| Sep 30, 2012 | 764,000.00 |
| Jun 30, 2012 | 1.91 Mn |
| Jun 30, 2011 | 1.31 Mn |
| Mar 31, 2011 | 72.73 Mn |
| Dec 31, 2010 | 75.06 Mn |
| Sep 30, 2010 | 4.64 Mn |
| Jun 30, 2010 | 5.16 Mn |
| Mar 31, 2010 | 122.48 Mn |
| Dec 31, 2009 | 118.87 Mn |
| Sep 30, 2009 | 10.47 Mn |
| Jun 30, 2009 | 6.77 Mn |