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Patterson-UTI Energy PTEN Completion Services — Operating costs and expenses

Other segment segments

Drilling Services
$217.86M-12.0%
Drilling Products
$46.92M0.0%
Other
$2.88M-68.5%

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Other financials

Income statement

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Revenue$1.1B-12.7%
Operating income-$14.3M-184%
Net income-$24.6M-2,550%
EPS (diluted)-$0.06

Balance sheet

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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

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Operating cash flow$63.9M-69.3%
CapEx$116.6M-27.9%
Free cash flow-$52.8M-214%

Valuation

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Market cap$3.81B+29.4%
Enterprise value$4.74B+18.8%
P/S0.8×+0.2×

Profitability

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Operating margin-1.5%-0.7pp
Net margin-2.6%-1.2pp
FCF margin6%-1.9pp

Returns & leverage

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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:CostOfGoodsAndServicesSold.

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 completion services — operating costs and expenses?
Patterson-UTI Energy (PTEN) reported completion services — operating costs and expenses of $581.49M in Q1 2026.
How has Patterson-UTI Energy's completion services — operating costs and expenses changed year-over-year?
Patterson-UTI Energy's completion services — operating costs and expenses decreased by 11.6% year-over-year, from $657.68M to $581.49M.
What is the long-term trend for Patterson-UTI Energy's completion services — operating costs and expenses?
Over 3 years (2022 to 2025), Patterson-UTI Energy's completion services — operating costs and expenses has grown at a 46.6% compound annual growth rate (CAGR), from $781.39M to $2.46B.
What does completion services — operating costs and expenses mean?
Captures the aggregate costs incurred to operate the completion services segment, including direct field labor, equipment maintenance, and overhead. Monitoring this helps evaluate the operational efficiency and cost structure of the segment's service delivery.