Patterson-UTI Energy PTEN Drilling Services — Operating costs and expenses

Other segment segments

Similar metrics at other companies

HALDrilling And Evaluation — Operating Expenses

$2.04B+4.6%

VALContract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses

$340.4M-9.0%

HALDrilling And Evaluation — Cost, Direct Labor

$487M+4.3%

NETotal costs & expenses

$560.38M-18.4%

VSECServices — Costs and operating expenses

$112.29M+30.2%

HPOffshore Solutions — Direct operating expenses

$144.5M+17.6%

Questions, answered.

What is Patterson-UTI Energy's drilling services — operating costs and expenses?

Patterson-UTI Energy (PTEN) reported drilling services — operating costs and expenses of $217.86M in Q1 2026.

How has Patterson-UTI Energy's drilling services — operating costs and expenses changed year-over-year?

Patterson-UTI Energy's drilling services — operating costs and expenses decreased by 12.0% year-over-year, from $247.63M to $217.86M.

What is the long-term trend for Patterson-UTI Energy's drilling services — operating costs and expenses?

Over 3 years (2021 to 2025), Patterson-UTI Energy's drilling services — operating costs and expenses has grown at a 19.1% compound annual growth rate (CAGR), from $577.98M to $977.23M.

What does drilling services — operating costs and expenses mean?

Includes all direct and indirect costs incurred to operate the drilling segment, such as labor, maintenance, and field support. Monitoring this metric helps assess the operational efficiency and cost structure of the drilling business unit.