Patterson-UTI Energy PTEN Drilling Services — Depreciation, depletion, amortization and impairment
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept pten:DepreciationDepletionAmortizationAndImpairment.
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 drilling services — depreciation, depletion, amortization and impairment?
- Patterson-UTI Energy (PTEN) reported drilling services — depreciation, depletion, amortization and impairment of $83.94M in Q1 2026.
- How has Patterson-UTI Energy's drilling services — depreciation, depletion, amortization and impairment changed year-over-year?
- Patterson-UTI Energy's drilling services — depreciation, depletion, amortization and impairment decreased by 1.2% year-over-year, from $84.97M to $83.94M.
- What is the long-term trend for Patterson-UTI Energy's drilling services — depreciation, depletion, amortization and impairment?
- Over 3 years (2021 to 2025), Patterson-UTI Energy's drilling services — depreciation, depletion, amortization and impairment has grown at a -17.8% compound annual growth rate (CAGR), from $660.4M to $366.76M.
- What does drilling services — depreciation, depletion, amortization and impairment mean?
- Reflects the non-cash allocation of the cost of tangible and intangible assets used in drilling operations over their useful lives, including any write-downs for asset value loss. This metric is essential for understanding the capital-intensive nature of the drilling fleet.