What is Patterson-UTI Energy's gain/loss on asset sales?

Patterson-UTI Energy (PTEN) reported gain/loss on asset sales of -$1.86M in Q1 2026.

How has Patterson-UTI Energy's gain/loss on asset sales changed year-over-year?

Patterson-UTI Energy's gain/loss on asset sales decreased by 362.5% year-over-year, from $709K to -$1.86M.

What does gain/loss on asset sales mean?

Gains or losses on asset disposals removed from operating cash flow — the cash impact is captured in investing activities.

Patterson-UTI Energy PTEN Gain/Loss on Asset Sales

Gain/Loss on Asset Sales at other companies

Helmerich & PayneHP

$1.31M+47.6%

Liberty EnergyLBRT

$18.51M+653%

TransoceanRIG

$4M+100%

Weatherford InternationalWFRD

$6M+500%

Noble CorporationNE

$89.86M—

ValarisVAL

-$1.6M-106%

Other financials

Income statement

See full

Revenue$1.1B-12.7%

Operating income-$14.3M-184%

Net income-$24.6M-2,550%

EPS (diluted)-$0.06—

Balance sheet

See full

Cash & equivalents$337.2M+49.8%

Total debt$1.3B-1.8%

Total equity$3.2B-7.8%

Total assets$5.4B-7.0%

Cash flow

See full

Operating cash flow$63.9M-69.3%

CapEx$116.6M-27.9%

Free cash flow-$52.8M-214%

Valuation

See full

Market cap$3.81B+29.4%

Enterprise value$4.74B+18.8%

P/S0.8×+0.2×

Profitability

See full

Operating margin-1.5%-0.7pp

Net margin-2.6%-1.2pp

FCF margin6%-1.9pp

Returns & leverage

See full

Return on equity-3.6%-1.7pp

Debt / equity0.4×0.0×

Current ratio1.8×+0.2×

Where this comes from

Reported directly by Patterson-UTI Energy in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfPropertyPlantEquipment.

The official record: Patterson-UTI Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patterson-UTI Energy's gain/loss on asset sales?: Patterson-UTI Energy (PTEN) reported gain/loss on asset sales of -$1.86M in Q1 2026.
How has Patterson-UTI Energy's gain/loss on asset sales changed year-over-year?: Patterson-UTI Energy's gain/loss on asset sales decreased by 362.5% year-over-year, from $709K to -$1.86M.
What does gain/loss on asset sales mean?: Gains or losses on asset disposals removed from operating cash flow — the cash impact is captured in investing activities.