PATTERSON UTI ENERGY INC company info

CIK 889900
IRS Number 752504748
State of incorporation DE
Business address 10713 WEST SAM HOUSTON PARKWAY NORTH
SUITE 800
HOUSTON
TX
77064
Mail address 10713 WEST SAM HOUSTON PARKWAY NORTH
SUITE 800
HOUSTON
TX
77064

Short summary

PATTERSON UTI ENERGY INC is a Texas company, with head office located at 10713 West Sam Houston Parkway North Houston, Texas 77064. In 2017 the company owned a total of 5.47 billion USD worth of assets, including 678.30 million USD worth of current assets. The company amassed the most assets last year, totalling up to 5.47 billion USD.

PATTERSON UTI ENERGY INC Income Statement

Name [in Millions USD]200620072008200920102011201220132014201520162017Trends
Revenue, Net 1,986.102,063.88781.951,462.932,565.942,723.412,716.033,182.291,891.28915.87
Selling, General and Administrative Expense 54.6743.2756.6253.0464.2764.4773.8580.1574.9169.21
Operating Income (Loss) 663.31545.93-48.21200.93525.60497.36322.19283.13-406.97-456.23
Interest expense 2.190.634.1512.7715.6522.7528.3629.8336.4840.37
Other Nonoperating Income (Expense) 0.580.511.690.000.030.07
Income Tax Expense (Benefit) 229.35193.49-17.6072.86187.94176.20108.4391.62-147.96-177.56
Net income 188.01162.66-294.49-318.63

PATTERSON UTI ENERGY INC Balance Sheet

Name [in Millions USD]200620072008200920102011201220132014201520162017Trends
Cash and cash equivalents 13.3962.23167.6795.9864.5875.30148.88120.8476.51209.6340.1337.84
Accounts Receivable, Net, Current 118.48200.94406.25528.81501.82507.93331.92128.55433.37544.51
Inventories 40.499.8223.4927.3923.9628.5322.6711.5336.1340.67
Deferred income taxes 59.6721.3275.80157.3864.4447.2633.8837.8136.40
Property, Plant and Equipment, Gross 4,528.145,247.435,885.636,462.277,337.887,204.248,218.888,305.76
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 1,637.471,845.012,219.872,588.663,091.733,563.353,986.694,107.47
Goodwill 86.2386.23153.81153.81153.81165.46210.8086.23524.70524.70
Other Assets, Noncurrent 8.407.3612.8417.5525.2920.6120.856.1045.5845.12
Total assets 2,651.352,799.993,777.594,442.624,663.724,908.375,049.534,211.475,404.065,472.98
Current assets 449.79383.53630.15760.57773.28758.73515.79455.72571.75678.30
Accounts payable 111.10172.35230.50224.92198.11319.31223.0066.34255.33303.52
Taxes Payable, Current 13.5413.788.6912.239.166.4229.1229.38
Total current liabilities 219.70296.31397.50378.30352.97501.89448.11291.99472.85549.35
Long-term Debt, Excluding Current Maturities 0387.50385687.50677.50675741.17598.61598.70
Long-term Debt 396.25600696.25687.50872.50830715744
Deferred income taxes 305.50388.67630.74848.72920.88955.07892.24768.56588.59576.31
Total liabilities 530.73691.571,426.531,813.331,932.882,060.922,181.521,809.641,786.251,879.77
Common Stock, Value, Issued 1.811.821.831.841.861.891.901.912.572.57
Retained Earnings (Accumulated Deficit) 1,953.951,920.182,125.412,453.742,630.872,767.532,772.612,284.521,953.021,914.97
Accumulated Other Comprehensive Income (Loss), Net of Tax 9.3918.0323.7618.8515.7215.210.923.051.855.46

PATTERSON UTI ENERGY INC Cash Flow

Name [in Millions USD]200620072008200920102011201220132014201520162017Trends
Net income 188.01162.66-294.49-318.63
Amortization of Intangible Assets 1.034.114.113.993.643.643.64
Deferred Income Tax Expense (Benefit) 38.3265.39101.44147.49158.97160.4450.5743.67-99.87-152.16
Accounts receivable 100.4330.78213.81178.44183.17-52.61-12.01214.06-440.88-72.33
Accounts payable -37.416.49-52.6749.5842.00-25.2011.3386.62-131.6512.02
Net Cash Provided by (Used in) Operating Activities 812.22675.00453.68525.70868.601,005.34888.87
Payments to Acquire Property, Plant, and Equipment 604.60445.43452.65738.091,011.58973.99662.461,052.34743.78119.80
Payments to Acquire Businesses, Net of Cash Acquired 2900238.02176.30-0.16
Net Cash Provided by (Used in) Investing Activities -602.46-437.28-449.34-904.07-963.58-907.96-652.08
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -907.96-652.08-1,195.41-722.96-97.76
Proceeds from Issuance of Long-term Debt 400400200
Payments for Repurchase of Common Stock 70.8570.821.621.854.31170.2973.5113.558.013.61
Net Cash Provided by (Used in) Financing Activities -206.26-171.86-37.90355.8591.60-10.99-97.12
Cash and Cash Equivalents, Period Increase (Decrease) 4.0563.79-31.35-22.27-3.6786.78138.79-206.5070.33-78.19