Patterson Uti Energy Inc financial data

Symbol
PTEN on Nasdaq
Industry
Drilling Oil & Gas Wells
Location
10713 West Sam Houston Parkway North, Suite 800, Houston, TX
State of incorporation
Delaware
Fiscal year end
December 31
Former names
PATTERSON ENERGY INC (to 4/23/2001)
Latest financial report
10-Q - Q2 2024 - Jul 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 144 % -10.1%
Quick Ratio 18.8 % +44.1%
Debt-to-equity 52.9 % -37.9%
Return On Equity 2.61 % -87.4%
Return On Assets 1.71 % -84.7%
Operating Margin 8.49 % +6.52%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 393M shares +89%
Common Stock, Shares, Outstanding 394M shares +89.4%
Entity Public Float 2.4B USD -29.4%
Common Stock, Value, Issued 5.21M USD +70.7%
Weighted Average Number of Shares Outstanding, Basic 400M shares +92.2%
Weighted Average Number of Shares Outstanding, Diluted 400M shares +91.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.35B USD +77.7%
Revenue from Contract with Customer, Excluding Assessed Tax 4.15B USD +56.6%
Costs and Expenses 5.2B USD +96.8%
Operating Income (Loss) 254M USD -40.1%
Nonoperating Income (Expense) -63.7M USD -90.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 190M USD -51.3%
Income Tax Expense (Benefit) 65M USD +46.2%
Net Income (Loss) Attributable to Parent 124M USD -64.1%
Earnings Per Share, Basic 0.16 USD/shares -90.2%
Earnings Per Share, Diluted 0.18 USD/shares -88.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 72.4M USD -51.8%
Accounts Receivable, after Allowance for Credit Loss, Current 867M USD +76.5%
Inventory, Net 172M USD +153%
Other Assets, Current 165M USD +79.4%
Assets, Current 1.28B USD +59.7%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 3.24B USD +43%
Operating Lease, Right-of-Use Asset 48.8M USD +160%
Goodwill 1.38B USD
Other Assets, Noncurrent 21.6M USD +113%
Assets 7.02B USD +125%
Accounts Payable, Current 476M USD +94%
Accrued Liabilities, Current 329M USD +61.4%
Contract with Customer, Liability, Current 14.1M USD
Liabilities, Current 851M USD +87.4%
Contract with Customer, Liability, Noncurrent 300K USD
Deferred Income Tax Liabilities, Net 280M USD +378%
Operating Lease, Liability, Noncurrent 38.1M USD +121%
Other Liabilities, Noncurrent 14M USD -68.3%
Liabilities 2.41B USD +72.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -648K USD
Retained Earnings (Accumulated Deficit) 54.2M USD -13.8%
Stockholders' Equity Attributable to Parent 4.6B USD +167%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.61B USD +168%
Liabilities and Equity 7.02B USD +125%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 366M USD +56.1%
Net Cash Provided by (Used in) Financing Activities -162M USD -64.3%
Net Cash Provided by (Used in) Investing Activities -227M USD -95.5%
Common Stock, Shares Authorized 800M shares +100%
Common Stock, Shares, Issued 521M shares +70.7%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -22.4M USD -214%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 75M USD -50.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10M USD +13.1%
Deferred Tax Assets, Valuation Allowance 75.3M USD -17.9%
Deferred Tax Assets, Gross 600M USD +37.5%
Operating Lease, Liability 51.4M USD +108%
Payments to Acquire Property, Plant, and Equipment 725M USD +57.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 124M USD -64.2%
Lessee, Operating Lease, Liability, to be Paid 60.3M USD +113%
Property, Plant and Equipment, Gross 9.38B USD +16.7%
Operating Lease, Liability, Current 13.6M USD +186%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13M USD +154%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.4M USD +177%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +48.8%
Deferred Income Tax Expense (Benefit) 19.5M USD +6.58%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.87M USD +151%
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.39M USD +112%
Deferred Tax Assets, Operating Loss Carryforwards 499M USD +30.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.13M USD +88.4%
Amortization of Intangible Assets 102M USD +5550%
Depreciation, Depletion and Amortization 188M USD +55.4%
Deferred Tax Assets, Net of Valuation Allowance 525M USD +52.3%
Interest Expense 62.4M USD +62%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%