$PTEN
PATTERSON UTI ENERGY INC

2024 Q4 Form 10-Q Financial Statement

#000088990024000016 Filed on October 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.357B
YoY Change 34.19%
Cost Of Revenue $1.012B
YoY Change 46.34%
Gross Profit $345.3M
YoY Change 7.91%
Gross Profit Margin 25.44%
Selling, General & Admin $65.70M
YoY Change 45.66%
% of Gross Profit 19.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $374.7M
YoY Change 99.3%
% of Gross Profit 108.5%
Operating Expenses $65.70M
YoY Change 45.66%
Operating Profit -$990.6M
YoY Change -10308.46%
Interest Expense -$17.25M
YoY Change -210.37%
% of Operating Profit
Other Income/Expense, Net -$17.96M
YoY Change 27.27%
Pretax Income -$1.009B
YoY Change 22780.9%
Income Tax -$30.26M
% Of Pretax Income
Net Earnings -$978.8M
YoY Change -1957622.0%
Net Earnings / Revenue -72.12%
Basic Earnings Per Share -$2.50
Diluted Earnings Per Share -$2.50
COMMON SHARES
Basic Shares Outstanding 390.0M shares 393.0M shares
Diluted Shares Outstanding 391.7M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $115.5M
YoY Change 72.36%
Cash & Equivalents $113.4M
Short-Term Investments
Other Short-Term Assets $150.2M
YoY Change -6.5%
Inventory $172.8M
Prepaid Expenses $42.83M
Receivables $863.8M
Other Receivables $35.21M
Total Short-Term Assets $1.302B
YoY Change -8.57%
LONG-TERM ASSETS
Property, Plant & Equipment $3.095B
YoY Change -8.65%
Goodwill $487.4M
YoY Change -64.5%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $24.09M
YoY Change 30.26%
Total Long-Term Assets $4.661B
YoY Change -22.26%
TOTAL ASSETS
Total Short-Term Assets $1.302B
Total Long-Term Assets $4.661B
Total Assets $5.964B
YoY Change -19.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $493.4M
YoY Change -14.9%
Accrued Expenses $326.8M
YoY Change -16.19%
Deferred Revenue $13.31M
YoY Change -53.96%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $9.513M
YoY Change -21.05%
Total Short-Term Liabilities $858.4M
YoY Change -17.23%
LONG-TERM LIABILITIES
Long-Term Debt $1.219B
YoY Change -0.71%
Other Long-Term Liabilities $13.60M
YoY Change -47.84%
Total Long-Term Liabilities $1.233B
YoY Change -1.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $858.4M
Total Long-Term Liabilities $1.233B
Total Liabilities $2.392B
YoY Change -6.61%
SHAREHOLDERS EQUITY
Retained Earnings -$956.2M
YoY Change -3406.15%
Common Stock $6.448B
YoY Change 0.74%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.930B
YoY Change 22.29%
Treasury Stock Shares
Shareholders Equity $3.562B
YoY Change
Total Liabilities & Shareholders Equity $5.964B
YoY Change -19.63%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$978.8M
YoY Change -1957622.0%
Depreciation, Depletion And Amortization $374.7M
YoY Change 99.3%
Cash From Operating Activities $296.3M
YoY Change 89.81%
INVESTING ACTIVITIES
Capital Expenditures $180.6M
YoY Change 12.57%
Acquisitions
YoY Change
Other Investing Activities $5.276M
YoY Change -101.28%
Cash From Investing Activities -$175.3M
YoY Change -69.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -78.79M
YoY Change -123.83%
NET CHANGE
Cash From Operating Activities 296.3M
Cash From Investing Activities -175.3M
Cash From Financing Activities -78.79M
Net Change In Cash 42.18M
YoY Change -149.8%
FREE CASH FLOW
Cash From Operating Activities $296.3M
Capital Expenditures $180.6M
Free Cash Flow $115.7M
YoY Change -2777.05%

Facts In Submission

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Patterson-UTI Energy, Inc.
dei Entity Incorporation State Country Code
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dei Security12b Title
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CY2024Q3 us-gaap Assets
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