Patterson-UTI Energy Q1 2025 10-Q Filed
Ticker: PTEN · Form: 10-Q · Filed: Apr 29, 2025 · CIK: 889900
| Field | Detail |
|---|---|
| Company | Patterson Uti Energy INC (PTEN) |
| Form Type | 10-Q |
| Filed Date | Apr 29, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, oil-gas, financials, drilling
Related Tickers: HAL, SLB, DVN, XOM
TL;DR
PTEN 10-Q filed: Q1 2025 results for Drilling, Completion, and Products segments are in. Check financials.
AI Summary
Patterson-UTI Energy, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported financial results for its Drilling Services, Completion Services, and Drilling Products segments. Specific financial figures for revenue, operating income, and other key metrics for these segments during the first quarter of 2025 and 2024 are detailed within the filing.
Why It Matters
This filing provides investors with the latest financial performance data for Patterson-UTI Energy, crucial for understanding the company's operational health and market position in the oil and gas services sector.
Risk Assessment
Risk Level: medium — The oil and gas industry is subject to significant price volatility and regulatory changes, which can impact Patterson-UTI Energy's performance.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025)
- 2024 Q1 — Prior Period (First quarter of 2024 for comparison)
Key Players & Entities
- PATTERSON UTI ENERGY INC (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250429 (date) — Filing Date
- Drilling Services (company_segment) — Business Segment
- Completion Services (company_segment) — Business Segment
- Drilling Products (company_segment) — Business Segment
FAQ
What were the total revenues for Patterson-UTI Energy in the first quarter of 2025?
The filing details revenues for specific segments but does not provide a consolidated total revenue figure for Q1 2025 in the provided snippet.
How did the Drilling Services segment perform in Q1 2025 compared to Q1 2024?
The filing indicates that financial data for the Drilling Services segment for both Q1 2025 and Q1 2024 is included, allowing for comparison of performance.
What is the company's fiscal year end?
Patterson-UTI Energy's fiscal year ends on December 31.
What is the primary SIC code for Patterson-UTI Energy?
The Standard Industrial Classification (SIC) code for Patterson-UTI Energy is 1381, which corresponds to Drilling Oil & Gas Wells.
When was the company formerly known as Patterson Energy Inc.?
The company was formerly known as PATTERSON ENERGY INC. and its name change date was February 28, 1994.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 29, 2025 regarding PATTERSON UTI ENERGY INC (PTEN).