Patterson Uti Energy (PTEN) Work In Process (2016 - 2023)
Patterson Uti Energy's Work In Process came in at $7.44 million for Q4 2023, up 217.7% from $2.34 million a year earlier and up 17.7% from the prior quarter.
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Analysis
Patterson Uti Energy (PTEN) Work In Process (2016 - 2023) Analysis & Trends
Going back to Q4 2016, Patterson Uti Energy's Work In Process data covers 29 quarters.
- Work In Process has increased in each of the last three years, with a five-year compound annual growth rate of 3.1% (FY2018 to FY2023).
- Going back by year, Work In Process was $2.34 million in FY2022 (+165.4%), $882,000 in FY2021 (+10.0%), $802,000 in FY2020 (-34.7%) and $1.23 million in FY2019 (-80.7%).
- The Q4 2023 figure represents the highest quarterly Work In Process since Q2 2019.
- Year-over-year, Work In Process has increased for nine consecutive quarters, with growth averaging 208.8% over the last eight quarters.
- The fastest year-over-year change in Work In Process over five years came in Q1 2019 (growth of 418.1%), and the weakest in Q2 2020 (a decline of 85.5%).
- Business Quant data shows PTEN's Work In Process at $6.32 million (Q3 2023), $4.43 million (Q2 2023) and $3.02 million (Q1 2023) in the three quarters before Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Patterson Uti Energy | 4.16 Bn | 3.02 Bn | 280.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 7.44 Mn |
| Sep 30, 2023 | 6.32 Mn |
| Jun 30, 2023 | 4.43 Mn |
| Mar 31, 2023 | 3.02 Mn |
| Dec 31, 2022 | 2.34 Mn |
| Sep 30, 2022 | 2.35 Mn |
| Jun 30, 2022 | 1.84 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 882,000.00 |
| Sep 30, 2021 | 943,000.00 |
| Jun 30, 2021 | 424,000.00 |
| Mar 31, 2021 | 255,000.00 |
| Dec 31, 2020 | 802,000.00 |
| Sep 30, 2020 | 1.26 Mn |
| Jun 30, 2020 | 1.19 Mn |
| Mar 31, 2020 | 1.39 Mn |
| Dec 31, 2019 | 1.23 Mn |
| Sep 30, 2019 | 1.09 Mn |
| Jun 30, 2019 | 8.19 Mn |
| Mar 31, 2019 | 6.09 Mn |
API Access
Patterson Uti Energy Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=PTEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "PTEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();