Patterson Uti Energy (PTEN) Tax Provisions (2009 - 2026)
Patterson Uti Energy recorded quarterly Tax Provisions of -$3.6 million in Q1 2026, up 39.35% quarter-over-quarter from -$5.9 million in Q4 2025, and down 358.71% year-over-year from $1.4 million in Q1 2025.
Patterson Uti Energy's Tax Provisions history runs 18 years deep, the most recent figure standing at -$3.6 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 358.71% year-over-year to -$3.6 million; the TTM figure through Mar 2026 stood at -$14.9 million (down 63.02% YoY), while the FY2025 annual figure was -$9.9 million, down 205.12% from the prior year.
- Tax Provisions came in at -$3.6 million for Q1 2026 at Patterson Uti Energy, up from -$5.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $31.3 million in Q4 2023 to a low of -$30.3 million in Q3 2024.
- A 5-year average of $4.1 million and a median of $1.8 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions jumped 2075.11% in 2023 and sank 632.59% in 2024, its largest moves.
- Patterson Uti Energy's Tax Provisions stood at $8.3 million in 2022, then jumped by 277.77% to $31.3 million in 2023, then tumbled by 93.85% to $1.9 million in 2024, then slumped by 407.68% to -$5.9 million in 2025, then soared by 39.35% to -$3.6 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$3.6 million, -$5.9 million, and -$6.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 72.95 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -54.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -3.60 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 9.30 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 23.00 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 | 11.83 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -12.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.60 Mn |
| Dec 31, 2025 | -5.93 Mn |
| Sep 30, 2025 | -6.59 Mn |
| Jun 30, 2025 | 1.19 Mn |
| Mar 31, 2025 | 1.39 Mn |
| Dec 31, 2024 | 1.93 Mn |
| Sep 30, 2024 | -30.26 Mn |
| Jun 30, 2024 | 17.79 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 31.33 Mn |
| Sep 30, 2023 | -4.13 Mn |
| Jun 30, 2023 | 13.77 Mn |
| Mar 31, 2023 | 20.19 Mn |
| Dec 31, 2022 | 8.29 Mn |
| Sep 30, 2022 | 2.20 Mn |
| Jun 30, 2022 | 1.78 Mn |
| Mar 31, 2022 | 928,000.00 |
| Dec 31, 2021 | -8.12 Mn |
| Sep 30, 2021 | -17.64 Mn |
| Jun 30, 2021 | -15.97 Mn |
| Mar 31, 2021 | -20.97 Mn |
| Dec 31, 2020 | -24.85 Mn |
| Sep 30, 2020 | -12.99 Mn |
| Jun 30, 2020 | -19.32 Mn |
| Mar 31, 2020 | -70.17 Mn |
| Dec 31, 2019 | 79.77 Mn |
| Sep 30, 2019 | -64.51 Mn |
| Jun 30, 2019 | -10.13 Mn |
| Mar 31, 2019 | -6.60 Mn |
| Dec 31, 2018 | 19.82 Mn |
| Sep 30, 2018 | -16.52 Mn |
| Jun 30, 2018 | -8.38 Mn |
| Mar 31, 2018 | 282,000.00 |
| Dec 31, 2017 | -226.76 Mn |
| Sep 30, 2017 | -13.65 Mn |
| Jun 30, 2017 | -56.35 Mn |
| Mar 31, 2017 | -36.95 Mn |
| Dec 31, 2016 | -43.68 Mn |
| Sep 30, 2016 | -49.43 Mn |
| Jun 30, 2016 | -49.03 Mn |
| Mar 31, 2016 | -35.43 Mn |
| Dec 31, 2015 | -27.51 Mn |
| Sep 30, 2015 | -112.45 Mn |
| Jun 30, 2015 | 1.71 Mn |
| Mar 31, 2015 | 30.52 Mn |
| Dec 31, 2014 | 41.22 Mn |
| Sep 30, 2014 | 48.62 Mn |
| Jun 30, 2014 | 25.68 Mn |
| Mar 31, 2014 | 26.94 Mn |
| Dec 31, 2013 | -41.09 Mn |
| Sep 30, 2013 | 43.30 Mn |
| Jun 30, 2013 | 2.34 Mn |
| Mar 31, 2013 | 7.57 Mn |
| Dec 31, 2012 | 167.32 Mn |
| Sep 30, 2012 | 2.20 Mn |
| Jun 30, 2012 | 53.34 Mn |
| Mar 31, 2012 | 7.51 Mn |
| Dec 31, 2011 | -107.01 Mn |
| Sep 30, 2011 | 46.95 Mn |
| Jun 30, 2011 | 46.83 Mn |
| Mar 31, 2011 | 42.20 Mn |
| Dec 31, 2010 | -70.40 Mn |
| Sep 30, 2010 | 17.23 Mn |
| Jun 30, 2010 | 1.94 Mn |
| Mar 31, 2010 | -4.42 Mn |
| Dec 31, 2009 | -7.99 Mn |
| Sep 30, 2009 | -2.68 Mn |
| Jun 30, 2009 | -2.39 Mn |
| Mar 31, 2009 | 8.96 Mn |