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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.
The source filing: Patterson-UTI Energy’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 4:06 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000889900-26-000033
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Other liabilities | (5,324) | (2,689) |
| Net cash provided by operating activities | 63,858 | 208,141 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (116,628) | (161,831) |
| Proceeds from disposal of assets, including insurance recoveries | 12,220 | 4,380 |
| Other | (1,618) | (7,053) |
| Net cash used in investing activities | (106,026) | (164,504) |
| Cash flows from financing activities: |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's capex?
- Patterson-UTI Energy (PTEN) reported capex of $116.63M in Q1 2026.
- How has Patterson-UTI Energy's capex changed year-over-year?
- Patterson-UTI Energy's capex decreased by 27.9% year-over-year, from $161.83M to $116.63M.
- What is the long-term trend for Patterson-UTI Energy's capex?
- Over 4 years (2021 to 2025), Patterson-UTI Energy's capex has grown at a 37.2% compound annual growth rate (CAGR), from $166.32M to $589.03M.
- What does capex mean?
- Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.
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