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Patterson-UTI Energy PTEN Cumulative Cost Basis
Cumulative Cost Basis at other companies
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentGross.
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 | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Equipment | $8,161,093 | $8,224,950 |
| Oil and natural gas properties | 249,703 | 248,088 |
| Buildings and improvements | 229,004 | 235,621 |
| Rental equipment | 144,339 | 155,385 |
| Land and improvements | 36,262 | 39,591 |
| Total property and equipment | 8,820,401 | 8,903,635 |
| Less accumulated depreciation, depletion, amortization and impairment | (6,192,473) | (6,192,598) |
| Property and equipment, net | $2,627,928 | $2,711,037 |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's cumulative cost basis?
- Patterson-UTI Energy (PTEN) reported cumulative cost basis of $8.82B in Q1 2026.
- How has Patterson-UTI Energy's cumulative cost basis changed year-over-year?
- Patterson-UTI Energy's cumulative cost basis decreased by 1.2% year-over-year, from $8.93B to $8.82B.
- What is the long-term trend for Patterson-UTI Energy's cumulative cost basis?
- Over 2 years (2023 to 2025), Patterson-UTI Energy's cumulative cost basis has grown at a -1.4% compound annual growth rate (CAGR), from $9.15B to $8.9B.
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