For the year ending 2025-12-31, PTEN made $4,826,624K in revenue. -$93,635K in net income. Net profit margin of -1.94%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total operating revenues | 4,826,624 | 5,377,911 | - | - |
| Operating costs and expenses-Drilling Services | 977,234 | 1,029,591 | - | - |
| Operating costs and expenses-Completion Services | 2,461,539 | 2,658,170 | - | - |
| Operating costs and expenses-Drilling Products Member | - | 191,107 | - | - |
| Operating costs and expenses-Drilling Products | 196,130 | - | - | - |
| Operating costs and expenses-Other Revenue | - | 41,001 | - | - |
| Operating costs and expenses-Other | 21,599 | - | - | - |
| Depreciation, depletion, amortization and impairment | 940,264 | 1,171,873 | - | - |
| Impairment of goodwill | 0 | 885,240 | - | - |
| Selling, general and administrative | 255,072 | 268,337 | - | - |
| Merger and integration expense | 1,016 | 33,037 | - | - |
| Other operating expense (income), net | -14,600 | 10,708 | - | - |
| Total operating costs and expenses | 4,867,454 | 6,267,648 | - | - |
| Operating income (loss) | -40,830 | -889,737 | - | - |
| Interest income | 6,649 | 5,729 | - | - |
| Interest expense, net of amount capitalized | 70,508 | 71,963 | - | - |
| Other income (expense) | 1,698 | -975 | - | - |
| Total other income (expense) | -62,161 | -67,209 | - | - |
| Income (loss) before income taxes | -102,991 | -956,946 | - | - |
| Net income (loss) from continuing operations available to common shareholders, basic | - | - | 246,292 | 154,658 |
| Income tax expense (benefit) | -9,937 | 9,453 | - | - |
| Net income (loss) available to common stockholders, basic | - | - | 246,292 | 154,658 |
| Net income (loss) | -93,054 | -966,399 | - | - |
| Net income (loss) from continuing operations available to common shareholders, diluted | - | - | 246,292 | - |
| Net income (loss) attributable to noncontrolling interest | 581 | 1,632 | - | - |
| Net income (loss) available to common stockholders, diluted | - | - | 246,292 | - |
| Net income (loss) attributable to common stockholders | -93,635 | -968,031 | - | - |
| Basic (in shares) | 383,465,000 | 397,196,000 | 279,501 | 215,935 |
| Basic (in usd per share) | -0.24 | -2.44 | 0.88 | 0.72 |
| Diluted (in shares) | 383,465,000 | 397,196,000 | 280,061 | 219,496 |
| Diluted (in usd per share) | -0.24 | -2.44 | 0.88 | 0.7 |
PATTERSON UTI ENERGY INC (PTEN)
PATTERSON UTI ENERGY INC (PTEN)