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
DE
Fiscal year end
December 31
Former names
PATTERSON ENERGY INC (to 4/23/2001)
Latest financial report
10-Q - Q3 2024 - Oct 28, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 147 % -2.76%
Quick Ratio 19.3 % +26.7%
Debt-to-equity 55.8 % -19.4%
Return On Equity -19.3 %
Return On Assets -12.4 %
Operating Margin 8.49 % +6.52%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 390M shares -6.55%
Common Stock, Shares, Outstanding 390M shares -6.56%
Entity Public Float 2.4B USD -29.4%
Common Stock, Value, Issued 5.21M USD +0.95%
Weighted Average Number of Shares Outstanding, Basic 392M shares +39.8%
Weighted Average Number of Shares Outstanding, Diluted 392M shares +38.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.36B USD +34.2%
Revenue from Contract with Customer, Excluding Assessed Tax 4.15B USD +56.6%
Costs and Expenses 6.55B USD +119%
Operating Income (Loss) -747M USD -309%
Nonoperating Income (Expense) -67.5M USD -93.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -814M USD -353%
Income Tax Expense (Benefit) 38.9M USD +1.95%
Net Income (Loss) Attributable to Parent -854M USD
Earnings Per Share, Basic -2.34 USD/shares -273%
Earnings Per Share, Diluted -2.32 USD/shares -277%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 113M USD +83.3%
Accounts Receivable, after Allowance for Credit Loss, Current 864M USD -14.5%
Inventory, Net 173M USD -7.38%
Other Assets, Current 150M USD -6.5%
Assets, Current 1.3B USD -8.57%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 3.1B USD -8.65%
Operating Lease, Right-of-Use Asset 47.4M USD -1.29%
Goodwill 487M USD -64.5%
Other Assets, Noncurrent 24.1M USD +30.3%
Assets 5.96B USD -19.6%
Accounts Payable, Current 493M USD -14.9%
Accrued Liabilities, Current 327M USD -16.2%
Contract with Customer, Liability, Current 13.3M USD -54%
Liabilities, Current 858M USD -17.2%
Contract with Customer, Liability, Noncurrent 300K USD
Deferred Income Tax Liabilities, Net 246M USD +12.9%
Operating Lease, Liability, Noncurrent 36.8M USD -5.4%
Other Liabilities, Noncurrent 13.6M USD -47.8%
Liabilities 2.39B USD -6.61%
Accumulated Other Comprehensive Income (Loss), Net of Tax -51K USD +92.2%
Retained Earnings (Accumulated Deficit) -956M USD -3406%
Stockholders' Equity Attributable to Parent 3.56B USD -26.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.57B USD -26.5%
Liabilities and Equity 5.96B USD -19.6%

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 0%
Common Stock, Shares, Issued 521M shares +0.95%
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 115M USD +72.2%
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 -854M USD -401%
Lessee, Operating Lease, Liability, to be Paid 60.3M USD +113%
Property, Plant and Equipment, Gross 9.2B USD +0.59%
Operating Lease, Liability, Current 13.8M USD +9.66%
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 123M USD +958%
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%