Patterson-UTI Energy PTEN Operating Lease ROU Assets
Operating Lease ROU Assets at other companies
Other financials
Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.
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 operating lease ROU assets?
- Patterson-UTI Energy (PTEN) reported operating lease ROU assets of $37.98M in Q1 2026.
- How has Patterson-UTI Energy's operating lease ROU assets changed year-over-year?
- Patterson-UTI Energy's operating lease ROU assets decreased by 11.2% year-over-year, from $42.79M to $37.98M.
- What is the long-term trend for Patterson-UTI Energy's operating lease ROU assets?
- Over 5 years (2020 to 2025), Patterson-UTI Energy's operating lease ROU assets has grown at a 20.6% compound annual growth rate (CAGR), from $16.85M to $42.98M.
- What does operating lease ROU assets mean?
- This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.