Patterson-UTI Energy (FRA:PE1) Total Equity : €3,218 Mil (As of Sep. 2024)

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What is Patterson-UTI Energy Total Equity?

Patterson-UTI Energy's total equity for the quarter that ended in Sep. 2024 was €3,218 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Patterson-UTI Energy Total Equity Historical Data

The historical data trend for Patterson-UTI Energy's Total Equity 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 Total Equity Chart

Patterson-UTI Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

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2,550.26

1,657.20

1,424.40

1,572.25

4,420.56

Patterson-UTI Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Equity	Get a 7-Day Free Trial															4,553.46	4,420.56	4,371.71	4,281.31	3,218.33

Patterson-UTI Energy Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Patterson-UTI Energy's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	6804.168	-	2383.604
	=	4,421

Patterson-UTI Energy's Total Equity for the quarter that ended in Sep. 2024 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2024 )	-	Total Liabilities(Q: Sep. 2024 )
	=	5373.273	-	2154.939
	=	3,218

Patterson-UTI Energy Total Equity Related Terms

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Patterson-UTI Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Patterson-UTI Energy Inc (FRA:PE1) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

PTEN:USA PE1:Germany

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. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. It also provides directional drilling services and tool rental services in most US onshore oil and gas basins.

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