Patterson-UTI Energy Liabilities 2024

Patterson-UTI Energy Liabilities

2.61 B USD

Patterson-UTI Energy Dividend yield

2.96 %

Ticker

PTEN

ISIN

US7034811015

WKN

905153

In 2024, Patterson-UTI Energy's total liabilities amounted to 2.61 B USD, a 76.4% difference from the 1.48 B USD total liabilities in the previous year.

Patterson-UTI Energy Aktienanalyse

What does Patterson-UTI Energy do?

Patterson-UTI Energy Inc is a US-based company specializing in the oil and gas industry. It was founded in 1978 and is headquartered in Houston, Texas. The company began as a small drilling firm in West Texas and quickly became one of the largest oilfield equipment suppliers in the country. Over the years, the company has expanded its offerings to better serve its customers. Its business model is based on providing onshore drilling and fracking services for oil and gas exploration worldwide. The company operates a fleet of modern drilling and fracking equipment and provides internal technical support to increase efficiency and effectiveness. It is involved in various business segments, including drilling services, fracking services and equipment, and natural gas storage and transportation. The company also offers solutions for natural gas storage and transportation, including underground storage and the use of pipelines. Patterson-UTI Energy Inc has experienced strong growth in recent years, largely due to increased demand for oil and gas services. It has a significant number of customers in the industry who prefer its services. Overall, Patterson-UTI Energy Inc is a leading company in the oil and gas industry, specializing in onshore drilling and fracking services. It offers a wide range of products and services and is a key source of equipment and systems in the industry. With its continuous growth and experience, it is well positioned to continue to be successful and maintain its leading position in the market. Patterson-UTI Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Patterson-UTI Energy's Liabilities

Patterson-UTI Energy's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Patterson-UTI Energy's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Patterson-UTI Energy's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Patterson-UTI Energy's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Patterson-UTI Energy’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Patterson-UTI Energy Stock

What is the level of liabilities of Patterson-UTI Energy this year?

Patterson-UTI Energy has a debt balance of 2.61 B USD this year.

What were the liabilities of Patterson-UTI Energy compared to the previous year?

The liabilities of Patterson-UTI Energy have increased by 76.4% increased compared to the previous year.

What are the consequences of high debt for investors of Patterson-UTI Energy?

High liabilities can pose a risk for investors of Patterson-UTI Energy, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Patterson-UTI Energy?

Low liabilities mean that Patterson-UTI Energy has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Patterson-UTI Energy affect the company?

An increase in liabilities of Patterson-UTI Energy can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Patterson-UTI Energy affect the company?

A decrease in the liabilities of Patterson-UTI Energy can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Patterson-UTI Energy?

Some factors that can influence the liabilities of Patterson-UTI Energy include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Patterson-UTI Energy so important for investors?

The liabilities of Patterson-UTI Energy are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Patterson-UTI Energy take to modify the liabilities?

To change its liabilities, Patterson-UTI Energy can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Patterson-UTI Energy pay?

Over the past 12 months, Patterson-UTI Energy paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 2.96 %. For the coming 12 months, Patterson-UTI Energy is expected to pay a dividend of 0.31 USD.

What is the dividend yield of Patterson-UTI Energy?

The current dividend yield of Patterson-UTI Energy is 2.96 %.

When does Patterson-UTI Energy pay dividends?

Patterson-UTI Energy pays a quarterly dividend. This is distributed in the months of October, December, March, July.

How secure is the dividend of Patterson-UTI Energy?

Patterson-UTI Energy paid dividends every year for the past 26 years.

What is the dividend of Patterson-UTI Energy?

For the upcoming 12 months, dividends amounting to 0.31 USD are expected. This corresponds to a dividend yield of 2.89 %.

In which sector is Patterson-UTI Energy located?

Patterson-UTI Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Patterson-UTI Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Patterson-UTI Energy from 6/17/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.

When did Patterson-UTI Energy pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Patterson-UTI Energy in the year 2023?

In the year 2023, Patterson-UTI Energy distributed 0.2 USD as dividends.

In which currency does Patterson-UTI Energy pay out the dividend?

The dividends of Patterson-UTI Energy are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Patterson-UTI Energy stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Patterson-UTI Energy

Our stock analysis for Patterson-UTI Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Patterson-UTI Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.