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Patterson-UTI Energy PTEN Drilling Services — G&A

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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:GeneralAndAdministrativeExpense.

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, 2026Drilling ServicesCompletion ServicesDrilling ProductsTotal
Revenues from external customers$351,717$679,587$79,797$1,111,101
Direct operating costs (1)217,861581,48646,924846,271
General and administrative7,0977,3307,92322,350
Depreciation, amortization and impairment (1)83,944111,47219,846215,262
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

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's drilling services — G&A?
Patterson-UTI Energy (PTEN) reported drilling services — G&A of $7.1M in Q1 2026.
What does drilling services — G&A mean?
Represents the overhead costs allocated to the drilling segment for management, administrative support, and corporate functions. It provides insight into the fixed cost burden required to support the segment's administrative operations.

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