Skip to content

Patterson-UTI Energy PTEN Drilling Products — Direct operating costs

Other segment segments

Drilling Services
$217.86M-12.0%

Similar metrics at other companies

Halliburton logo
HALDrilling And Evaluation — Cost, Direct Material
$913M+3.5%
TKO Group Holdings logo
TKODirect Operating Expenses
$734.36M+29.4%
Halliburton logo
HALDrilling And Evaluation — Cost, Direct Labor
$487M+4.3%
Helmerich & Payne logo
HPOffshore Solutions — Direct operating expenses
$144.5M+17.6%
Halliburton logo
HALDrilling And Evaluation — Other Cost of Operating Revenue
$509M+7.2%
Matsons logo
MATXLogistics Services — Direct Operating Costs
-$126.5M-7.4%

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$3.82B+29.4%

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:DirectOperatingCosts.

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

Ask your AI about Patterson-UTI Energy's drilling products — direct operating costs.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Patterson-UTI Energy's drilling products — direct operating costs?
Patterson-UTI Energy (PTEN) reported drilling products — direct operating costs of $46.92M in Q1 2026.
How has Patterson-UTI Energy's drilling products — direct operating costs changed year-over-year?
Patterson-UTI Energy's drilling products — direct operating costs decreased by 0.0% year-over-year, from $46.94M to $46.92M.
What does drilling products — direct operating costs mean?
Captures the variable costs directly attributable to the production or delivery of drilling products, such as raw materials, direct labor, and manufacturing overhead. This metric is a key component of gross margin analysis for the segment. It highlights the company's ability to manage production-related expenses relative to output.