Drills oil and natural gas wells for energy companies.
Jun 2026Revenue $4.67B/yrExpenses $4.72B/yr
No trend
Figures by year
When will Patterson UTI Energy be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $4.67B and expenses $4.72B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $4.83B | $4.87B | −$40.8M |
| Dec 2024 | $5.38B | $6.27B | −$890M |
| Dec 2023 | $4.15B | $3.79B | $352M |
| Dec 2022 | $2.65B | $2.44B | $211M |
| Dec 2021 | $1.36B | $2.03B | −$678M |
| Dec 2020 | $1.12B | $2.02B | −$892M |
| Dec 2019 | $2.47B | $2.93B | −$462M |
| Dec 2018 | $3.33B | $3.65B | −$322M |
| Dec 2017 | $2.36B | $2.65B | −$293M |
| Dec 2016 | $916M | $1.37B | −$456M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.