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Patterson-UTI Energy PTEN Completion Services — Operating Income (Loss)
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.
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
| For the three months ended March 31, 2026 | Drilling Services | Completion Services | Drilling Products | Total |
|---|---|---|---|---|
| General and administrative | 7,097 | 7,330 | 7,923 | 22,350 |
| Depreciation, amortization and impairment (1) | 83,944 | 111,472 | 19,846 | 215,262 |
| Other segment items (2) | (1,488) | — | — | (1,488) |
| Segment operating income (loss) (3) | $44,303 | $(20,701) | $5,104 | $28,706 |
| Reconciliation of revenue: | ||||
| Total segment revenues from external customers | $1,111,101 | |||
| Other revenues (4) | 6,230 | |||
| Total consolidated revenues | $1,117,331 |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's completion services — operating income (loss)?
- Patterson-UTI Energy (PTEN) reported completion services — operating income (loss) of -$20.7M in Q1 2026.
- How has Patterson-UTI Energy's completion services — operating income (loss) changed year-over-year?
- Patterson-UTI Energy's completion services — operating income (loss) decreased by 9.9% year-over-year, from -$18.84M to -$20.7M.
- What is the long-term trend for Patterson-UTI Energy's completion services — operating income (loss)?
- Over 3 years (2021 to 2025), Patterson-UTI Energy's completion services — operating income (loss) has grown at a -12.6% compound annual growth rate (CAGR), from -$118.86M to -$79.41M.
- What does completion services — operating income (loss) mean?
- Calculated as segment revenue minus operating costs, expenses, and depreciation, this represents the core profitability of the completion services business. It is a primary indicator of the segment's ability to generate value from its operational assets.
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