What is Patterson-UTI Energy's Revenue?
Patterson-UTI Energy revenue is $2.6B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics.
-
Patterson-UTI Energy's revenue growth from 2007 to 2022 is 33.31%.
-
Patterson-UTI Energy has 5,800 employees, and the revenue per employee ratio is $456,481.
-
Patterson-UTI Energy's peak quarterly revenue was $1.1B in 2022(q4).
-
Patterson-UTI Energy peak revenue was $3.3B in 2018.
-
Patterson-UTI Energy annual revenue for 2021 was $1.4B, a 20.71% growth from 2020
-
Patterson-UTI Energy annual revenue for 2022 was $2.6B, a 95.09% growth from 2021.
Patterson-UTI Energy Jobs
Patterson-UTI Energy Historical Revenue
Patterson-UTI Energy's peak revenue was $3.3B in 2018. The peak quarterly revenue was $1.1B in 2022(q4).
Patterson-UTI Energy Annual Revenue
Patterson-UTI Energy Annual Revenue Over Time
| Fiscal Year / Year | Patterson-UTI Energy Revenue |
|---|---|
| 2007 | $2.0B |
| 2008 | $2.1B |
| 2009 | $781.9M |
| 2010 | $1.5B |
| 2011 | $2.6B |
| 2012 | $2.7B |
| 2013 | $2.7B |
| 2014 | $3.2B |
| 2015 | $1.9B |
| 2016 | $915.9M |
| 2017 | $2.4B |
| 2018 | $3.3B |
| 2019 | $2.5B |
| 2020 | $1.1B |
| 2021 | $1.4B |
| 2022 | $2.6B |
Patterson-UTI Energy Annual Growth
Patterson-UTI Energy Annual Growth Rate Over Time
| Year | Patterson-UTI Energy Growth |
|---|---|
| 2008 | 4%↑ |
| 2009 | -62%↓ |
| 2010 | 87%↑ |
| 2011 | 75%↑ |
| 2012 | 6%↑ |
| 2013 | -0%↓ |
| 2014 | 17%↑ |
| 2015 | -41%↓ |
| 2016 | -52%↓ |
| 2017 | 157%↑ |
| 2018 | 41%↑ |
| 2019 | -26%↓ |
| 2020 | -54%↓ |
| 2021 | 21%↑ |
| 2022 | 95%↑ |
Patterson-UTI Energy Quarterly Revenue
- Q1
- Q2
- Q3
- Q4
Patterson-UTI Energy Quarterly Growth Rate Over Time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2008 | - | - | $608.5M | $424.5M |
| 2009 | $268.2M | $140.5M | $159.7M | $213.6M |
| 2010 | $271.6M | $307.0M | $378.7M | $505.7M |
| 2011 | $567.4M | $600.1M | $673.8M | $724.6M |
| 2012 | $745.9M | $681.1M | $643.6M | $652.8M |
| 2013 | $667.0M | $659.3M | $730.9M | $658.8M |
| 2014 | $678.2M | $757.3M | $845.6M | $901.2M |
| 2015 | $657.7M | $472.8M | $422.3M | $338.6M |
| 2016 | $268.9M | $193.9M | $206.1M | $246.9M |
| 2017 | $305.2M | $579.2M | $685.0M | $787.3M |
| 2018 | $809.2M | $854.4M | $867.5M | $795.9M |
| 2019 | $704.2M | $675.8M | $598.5M | $492.3M |
| 2020 | $445.9M | $250.4M | $207.1M | $220.8M |
| 2021 | $240.9M | $291.8M | $205.3M | $619.1M |
| 2022 | $509.4M | $622.2M | $439.8M | $1.1B |
Patterson-UTI Energy Jobs Nearby
Patterson-UTI Energy Financial Information
| CEO | William Andrew Hendricks Jr |
| Industry | Energy Equipment & Services |
| Company Type | Public |
| Employees Number | 5800 |
| Date Founded | 1978 |
| Headquarters | Houston, Texas |
| Number of Locations | 25 |
| Revenue | $2.6B |
| Net Income | $154,658,000 |
| Gross Proft | $1.0B (2022) |
| EBITDA | $691.7M (2022) |
| PE Ratio | 17.68 |
| Tax Rate | 0.1% |
| Market Capitalization | $2.7B |
| Total Assets | $3,143,823,000 |
| Ticker | PTEN |
Patterson-UTI Energy Jobs You Might Like
Patterson-UTI Energy Financing
| Series | Round Size | Date |
|---|---|---|
| Equity | $2.7M | 11/2018 |
| Debt | $300M | 06/2012 |
| Debt | $300M | 10/2010 |
Patterson-UTI Energy Clients
| Client | Location | Type |
|---|---|---|
| Freedom Oil & Gas Ltd. | Newcastle, NS | Companies |
Patterson-UTI Energy Similar Companies
| Company Name | Average Salary | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Helmerich & Payne | $66,500 | $2.1B | 9,777 | 25 |
| Dynegy | $79,525 | $44.2M | 2,489 | - |
| EQT | $71,879 | $7.5B | 624 | 12 |
| Continental Resources | $81,247 | $9.5B | 1,201 | 83 |
| Exxon Mobil | $53,156 | $402.2B | 72,000 | 103 |
| Chevron | $50,184 | $146.5B | 44,679 | 377 |
| Diamondback Energy | $55,974 | $9.6B | 732 | 18 |
| Cameron Welding Supply | $56,541 | $8.8B | 35,000 | - |
| Sempra Energy | $88,283 | $14.4B | 20,000 | 20 |
| Atmos Energy | $46,948 | $4.2B | 4,628 | 69 |
Patterson-UTI Energy Similar Companies Jobs
Patterson-UTI Energy Revenue FAQs
How Much Does Patterson-uti Energy Make A Day?
Patterson-UTI Energy makes $7.3M in a day. In a single month, Patterson-UTI Energy normally makes close to $220.6M in revenue.
Search For Jobs
Zippia gives an in-depth look into the details of Patterson-UTI Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Patterson-UTI Energy. The employee data is based on information from people who have self-reported their past or current employments at Patterson-UTI Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Patterson-UTI Energy. The data presented on this page does not represent the view of Patterson-UTI Energy and its employees or that of Zippia.
Patterson-UTI Energy may also be known as or be related to PATTERSON UTI ENERGY INC, Patterson UTI Energy Inc., Patterson-UTI, Patterson-UTI Energy, Patterson-UTI Energy Inc, Patterson-UTI Energy, Inc., Patterson-Uti Energy and Patterson-uti Drilling Company Llc.