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Patterson-UTI Energy PTEN Inventories
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:InventoryNet.
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 |
|---|---|---|
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $337,244 | $420,642 |
| Accounts receivable, net of allowance for credit losses of $14,555 and $14,469 at March 31, 2026 and December 31, 2025, respectively | 742,379 | 723,277 |
| Inventory | 150,592 | 160,280 |
| Other current assets | 92,057 | 113,892 |
| Total current assets | 1,322,272 | 1,418,091 |
| Property and equipment, net | 2,627,928 | 2,711,037 |
| Operating lease right of use asset | 37,978 | 42,982 |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's inventories?
- Patterson-UTI Energy (PTEN) reported inventories of $150.59M in Q1 2026.
- How has Patterson-UTI Energy's inventories changed year-over-year?
- Patterson-UTI Energy's inventories decreased by 10.2% year-over-year, from $167.77M to $150.59M.
- What is the long-term trend for Patterson-UTI Energy's inventories?
- Over 5 years (2020 to 2025), Patterson-UTI Energy's inventories has grown at a 37.1% compound annual growth rate (CAGR), from $33.09M to $160.28M.
- What does inventories mean?
- Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.
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