Patterson-UTI Energy Debt to Equity Ratio 2010-2023 | PTEN

Current and historical debt to equity ratio values for Patterson-UTI Energy (PTEN) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Patterson-UTI Energy debt/equity for the three months ending December 31, 2023 was 0.26.
Patterson-UTI Energy Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2023-12-31 $2.60B $4.82B 0.54
2023-09-30 $2.56B $4.86B 0.53
2023-06-30 $1.40B $1.72B 0.81
2023-03-31 $1.42B $1.67B 0.85
2022-12-31 $1.48B $1.67B 0.89
2022-09-30 $1.41B $1.63B 0.86
2022-06-30 $1.38B $1.58B 0.88
2022-03-31 $1.31B $1.58B 0.83
2021-12-31 $1.35B $1.61B 0.84
2021-09-30 $1.29B $1.73B 0.75
2021-06-30 $1.27B $1.81B 0.70
2021-03-31 $1.26B $1.91B 0.66
2020-12-31 $1.28B $2.02B 0.64
2020-09-30 $1.37B $2.12B 0.65
2020-06-30 $1.40B $2.23B 0.63
2020-03-31 $1.49B $2.38B 0.63
2019-12-31 $1.61B $2.83B 0.57
2019-09-30 $1.67B $2.94B 0.57
2019-06-30 $1.91B $3.28B 0.58
2019-03-31 $1.96B $3.40B 0.58
2018-12-31 $1.96B $3.51B 0.56
2018-09-30 $2.07B $3.76B 0.55
2018-06-30 $2.07B $3.88B 0.53
2018-03-31 $2.08B $3.94B 0.53
2017-12-31 $1.78B $3.98B 0.45
2017-09-30 $1.88B $3.59B 0.52
2017-06-30 $1.79B $3.62B 0.49
2017-03-31 $1.52B $2.66B 0.57
2016-12-31 $1.52B $2.25B 0.68
2016-09-30 $1.59B $2.32B 0.68
2016-06-30 $1.81B $2.40B 0.75
2016-03-31 $1.91B $2.49B 0.77
2015-12-31 $1.97B $2.56B 0.77
2015-09-30 $2.05B $2.63B 0.78
2015-06-30 $2.18B $2.87B 0.76
2015-03-31 $2.33B $2.90B 0.81
2014-12-31 $2.49B $2.91B 0.86
2014-09-30 $2.11B $2.86B 0.74
2014-06-30 $2.06B $2.85B 0.72
2014-03-31 $2.02B $2.79B 0.73
2013-12-31 $1.93B $2.76B 0.70
2013-09-30 $1.93B $2.74B 0.71
2013-06-30 $1.93B $2.73B 0.71
2013-03-31 $1.96B $2.70B 0.73
2012-12-31 $1.92B $2.64B 0.73
2012-09-30 $1.83B $2.64B 0.69
2012-06-30 $1.81B $2.63B 0.69
2012-03-31 $1.75B $2.61B 0.67
2011-12-31 $1.71B $2.52B 0.68
2011-09-30 $1.56B $2.43B 0.64
2011-06-30 $1.43B $2.35B 0.61
2011-03-31 $1.32B $2.26B 0.59
2010-12-31 $1.24B $2.19B 0.57
2010-09-30 $0.86B $2.13B 0.41
2010-06-30 $0.69B $2.11B 0.33
2010-03-31 $0.66B $2.09B 0.31
2009-12-31 $0.58B $2.08B 0.28
2009-09-30 $0.54B $2.10B 0.26
2009-06-30 $0.53B $2.12B 0.25
2009-03-31 $0.51B $2.14B 0.24
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Drilling $4.641B $4.146B
Patterson-UTI Energy, Inc. is an oilfield services company. It is one of the largest onshore contract drillers in the United States and has a large fleet of pressure pumping equipment. Patterson-UTI operates primarily in four segments: Contract Drilling , Pressure Pumping, Directional Drilling, and Others. The company is a major supplier of onshore drilling rigs on a contractual basis to explore for and develop oil and gas.
Stock Name Country Market Cap PE Ratio
Noble (NE) United States $6.591B 25.22
Saipem (SAPMF) Italy $5.089B 0.00
Valaris (VAL) United Kingdom $4.959B 62.26
Transocean (RIG) Switzerland $4.647B 0.00
Helmerich & Payne (HP) United States $4.147B 10.46
Seadrill (SDRL) Bermuda $3.662B 12.30
Diamond Offshore Drilling (DO) United States $1.326B 0.00
Precision Drilling (PDS) Canada $0.967B 6.78
Borr Drilling (BORR) Bermuda $0.842B 69.00
Nabors Industries (NBR) Bermuda $0.725B 0.00
Independence Contract Drilling (ICD) United States $0.029B 0.00
Pacific Drilling S.A (PACD) Luxembourg $0.000B 0.00