Patterson-UTI Energy, Inc. PTEN Income Statement

Patterson-uti energy, inc. (PTEN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Operating revenues:
Oil and gas services
-	-	-	-	-	-	-	-	-	-	-	1,804	1,741
Pressure pumping
-	-	-	-	-	-	-	-	-	-	-	217	202
Oil and natural gas
-	-	-	-	-	-	57	-	50	30	21	42	41
Total operating revenues
2,470	3,326	2,356	915	1,891	3,182	2,716	2,723	2,565	1,462	781	2,063	1,986
Operating costs and expenses:
Oil and natural gas
-	-	-	-	-	-	12	11	9	7	7	12	10
Depreciation, depletion, amortization and impairment
1,003	916	783	668	864	718	597	526	437	333	289	275	246
Impairment of goodwill
17	211	-	-	124	-	-	-	-	-	-	-	-
Selling, general and administrative
133	134	105	69	74	80	73	64	64	53	43	43	54
Net gain on asset disposals
-	-	-	-	-	-	3	33	4	22	-3	4	16
Credit loss expense
5	0	0	-	-	-	-	1	0	2	-3	4	-
Merger and integration expenses
-	2	74	-	-	-	-	-	-	2	-	-	-
Other operating expenses (income), net
2	17	31	14	-1	15	-	-	-	-	-	-	-
Embezzlement recoveries
-	-	-	-	-	-	-	-	-	-	-	-	43
Total operating costs and expenses
2,932	3,649	2,649	1,372	2,298	2,899	2,393	2,226	2,040	1,262	830	1,517	1,322
Operating loss
-461	-322	-292	-456	-406	283	322	497	525	200	-48	545	663
Other income (expense):
Interest income
6	5	1	0	0	0	0	0	0	1	0	1	2
Interest expense, net of amount capitalized
75	51	37	40	36	29	28	22	15	12	4	0	2
Other
0	0	0	0	0	0	1	0	0	0	0	0	0
Total other expense
-68	-45	-35	-39	-35	-28	-25	-21	-14	-10	-3	1	0
Loss before income taxes
-530	-367	-327	-496	-442	254	296	475	510	190	-51	547	663
Current
-	-	-	-	-	-	57	15	28	-74	-119	128	191
Deferred
-	-	-	-	-	-	50	160	158	147	101	65	38
Income tax benefit
-104	-45	-333	-177	-147	91	108	176	187	72	-17	193	229
Income from continuing operations
-	-	-	-	-	-	-	-	322	117	-33	353	434
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-0	-0	-4	-6	4
Net loss
-425	-321	5	-318	-294	162	188	299	322	116	-38	347	438
Net loss per common share:
Income from continuing operations
-	-	-	-	-	-	-	-	2.08	0.77	-0.22	2.29	2.78
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	0.00	-0.01	-0.03	-0.04	0.03
Basic
-2.10	-1.47	0.03	-2.18	-2.00	1.12	1.29	1.96	2.08	0.76	-0.25	2.25	2.81
Income from continuing operations
-	-	-	-	-	-	-	-	2.06	0.76	-0.22	2.27	2.75
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	0.00	-0.01	-0.03	-0.04	0.03
Diluted
-2.10	-1.47	0.03	-2.18	-2.00	1.11	1.28	1.96	2.06	0.76	-0.25	2.23	2.78
Weighted average number of common shares outstanding:
Basic
203	218	198	146	145	144	144	151	153	152	152	153	154
Diluted
203	218	199	146	145	145	145	151	155	153	152	154	156
Cash dividends per common share
-	-	-	-	0.40	0.40	0.20	0.20	0.20	0.20	0.20	0.60	0.44
Contract Drilling
Total operating revenues
1,308	1,430	1,040	543	-	-	-	-	-	-	-	-	-
Operating costs and expenses
785	885	667	305	608	1,066	968	1,075	972	655	357	1,038	963
Impairment of goodwill
0	0	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-6	-	-	-	-	-	-	-	-	-	-	-	-
Pressure Pumping
Total operating revenues
868	1,573	1,200	354	-	-	-	-	-	-	-	-	-
Operating costs and expenses
724	1,263	966	334	612	1,036	744	580	561	235	124	147	105
Impairment of goodwill
-	121	-	-	-	-	-	-	-	-	-	-	-
Directional Drilling
Total operating revenues
188	209	45	-	-	-	-	-	-	-	-	-	-
Operating costs and expenses
178	175	32	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill
-	89	-	-	-	-	-	-	-	-	-	-	-
Other
Total operating revenues
104	113	70	18	24	50	-	-	-	-	-	-	-
Operating costs and expenses
84	77	51	8	11	13	-	-	-	-	-	-	2