Patterson-UTI Energy Quarterly Balance Sheet
NASDAQ: PTENEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Patterson-UTI Energy financial position
As of Jun 30, 2026, Patterson-UTI Energy reported total assets of $5.37 billion, down 3.6% from a year earlier against total liabilities of $2.27 billion. Shareholders' equity stood at $3.10 billion, or 57.7% of assets. The company held $201.0 million in cash and equivalents against $1.23 billion of debt, a net debt position of $1.03 billion.
The current ratio (current assets divided by current liabilities) was 1.75, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.40.
Summary generated from market data by MetaCap's automated system. Methodology
Patterson-UTI Energy balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 201.02M | 335.10M | 418.51M | 184.78M | 183.77M | 223.09M | 239.18M | 113.38M | 72.44M | 167.66M | 190.11M | 61.86M |
| Receivables | 919.66M | 742.38M | 723.28M | 800.45M | 770.90M | 800.29M | 763.81M | 863.78M | 866.93M | 872.77M | 971.09M | 1.01B |
| Inventory | 140.75M | 150.59M | 160.28M | 155.93M | 163.69M | 167.77M | 167.02M | 172.75M | 172.41M | 183.18M | 180.81M | 186.51M |
| Total Current Assets | 1.37B | 1.32B | 1.42B | 1.28B | 1.24B | 1.32B | 1.30B | 1.30B | 1.28B | 1.35B | 1.49B | 1.42B |
| Property, Plant & Equipment | 2.60B | 2.63B | 2.71B | 2.79B | 2.84B | 2.94B | 3.01B | 3.10B | 3.24B | 3.32B | 3.34B | 3.39B |
| Goodwill | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 1.38B | 1.38B | 1.38B | 1.37B |
| Intangible Assets | 755.24M | 784.22M | 814.81M | 842.97M | 871.95M | 900.96M | 929.61M | 962.60M | 992.19M | 1.02B | 1.05B | 1.07B |
| Total Assets | 5.37B | 5.36B | 5.57B | 5.53B | 5.58B | 5.77B | 5.83B | 5.96B | 7.02B | 7.23B | 7.42B | 7.42B |
| Accounts Payable | 513.17M | 442.42M | 470.78M | 461.26M | 426.51M | 513.96M | 421.32M | 493.36M | 476.46M | 544.86M | 534.42M | 579.72M |
| Short-Term Debt | — | — | 0 | 0 | 0 | 3.22M | 6.39M | 9.51M | 12.59M | 12.41M | 12.23M | 12.05M |
| Total Current Liabilities | 784.15M | 720.25M | 863.64M | 777.77M | 716.47M | 818.29M | 841.99M | 858.40M | 851.20M | 916.90M | 1.05B | 1.04B |
| Long-Term Debt | 1.23B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.23B |
| Total Liabilities | 2.27B | 2.19B | 2.35B | 2.28B | 2.23B | 2.33B | 2.36B | 2.39B | 2.41B | 2.47B | 2.60B | 2.56B |
| Shareholders' Equity | 3.10B | 3.16B | 3.22B | 3.25B | 3.34B | 3.43B | 3.47B | 3.56B | 4.60B | 4.74B | 4.81B | 4.85B |
| Retained Earnings | -1.38B | -1.32B | -1.26B | -1.22B | -1.15B | -1.07B | -1.04B | -956.17M | 54.21M | 75.30M | 57.03M | 28.92M |
| Total Debt | 1.23B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.23B | 1.23B | 1.23B | 1.23B | 1.24B | 1.24B |
| Net Cash (Debt) | -1.03B | -886.26M | -802.53M | -1.04B | -1.04B | -1.00B | -986.98M | -1.12B | -1.16B | -1.07B | -1.05B | -1.18B |
| Shares Outstanding | 381.38M | 379.60M | 379.30M | 379.24M | 385.16M | 385.98M | 387.34M | 389.94M | 393.96M | 403.81M | 411.20M | 417.30M |
This table shows 12 quarterly periods of Patterson-UTI Energy's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PTEN's reporting calendar. What is a balance sheet?