Patterson-UTI Energy (STU:PE1) Buildings And Improvements : €233 Mil (As of Mar. 2024)

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What is Patterson-UTI Energy Buildings And Improvements?

Patterson-UTI Energy's quarterly buildings and improvements declined from Sep. 2023 (€236 Mil) to Dec. 2023 (€228 Mil) but then increased from Dec. 2023 (€228 Mil) to Mar. 2024 (€233 Mil).

Patterson-UTI Energy's annual buildings and improvements increased from Dec. 2021 (€161 Mil) to Dec. 2022 (€165 Mil) and increased from Dec. 2022 (€165 Mil) to Dec. 2023 (€228 Mil).

Patterson-UTI Energy Buildings And Improvements Historical Data

The historical data trend for Patterson-UTI Energy's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Patterson-UTI Energy Buildings And Improvements Chart

Patterson-UTI Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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166.23

159.06

161.32

165.40

228.05

Patterson-UTI Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															164.69	155.41	235.66	228.05	233.06

Patterson-UTI Energy Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Patterson-UTI Energy (STU:PE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Patterson-UTI Energy Inc (STU:PE1) » Definitions » Buildings And Improvements

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PTEN:USA

Address

10713 West Sam Houston Parkway North, Suite 800, Houston, TX, USA, 77064

Website

https://www.patenergy.com

Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States and maintains moderately sized pressure-pumping operations primarily in Texas and the Appalachian region, plus some modest operations in Colombia. It also provides directional drilling services and tool rental services in most U.S. onshore oil and gas basins.

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