BackPatterson-UTI Energy Overview

Patterson-UTI Energy Accounts Payable

Patterson-UTI Energy's accounts payable is $510M.

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Accounts Payable
$513.17M
20.32% YoYΔ $86.66M vs prior year quarter

Peer average

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Patterson-UTI Energy Accounts Payable History

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Patterson-UTI Energy vs. peers: Accounts Payable Comparison

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Patterson-UTI Energy Accounts Payable Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Patterson-UTI Energy (PTEN) FAQ

Patterson-UTI Energy posts a accounts payable of $510M as of June 2026. That compares with $430M in the prior-year period — up 20.3% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Patterson-UTI Energy's accounts payable was $430M. The latest reading is $510M — a 20.3% year-over-year increase (period ending June 2026). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Patterson-UTI Energy's financial statement story. At $510M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for PTEN's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Patterson-UTI Energy's other metric pages and overview cover the third.

Judging Patterson-UTI Energy against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in accounts payable easier to interpret. Start with $510M here, then scan peer and history charts to see if the gap is persistent.