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Patterson-UTI Energy PTEN Drilling Products — Total capital expenditures

Other segment segments

Drilling Services
$54.42M-25.9%
Completion Services
$45.1M-27.5%

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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$3.83B+82.9%
Enterprise value$4.76B+49.1%
P/S0.8×+0.4×

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:SegmentExpenditureAdditionToLongLivedAssets.

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 itemThree Months Ended March 31, 20262025
Capital expenditures:
Drilling Services$54,421$73,458
Completion Services45,10162,173
Drilling Products15,84218,222
Segment capital expenditures$115,364$153,853
Other1,1113,596
Corporate1534,382
Total capital expenditures$116,628$161,831

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's drilling products — total capital expenditures?
Patterson-UTI Energy (PTEN) reported drilling products — total capital expenditures of $15.84M in Q1 2026.
How has Patterson-UTI Energy's drilling products — total capital expenditures changed year-over-year?
Patterson-UTI Energy's drilling products — total capital expenditures decreased by 13.1% year-over-year, from $18.22M to $15.84M.
What does drilling products — total capital expenditures mean?
Represents the cash outflows used to acquire, upgrade, or maintain physical assets such as machinery, equipment, and facilities within the drilling products segment. This metric indicates the company's commitment to long-term growth and its strategy for maintaining a modern, efficient asset base. It is a key indicator of future capacity and technological investment.

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