Patterson-UTI Energy, Inc. PTEN Income Statement

Patterson-uti energy, inc. (PTEN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Operating revenues:
Oil and gas services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	938	1,242	0	0	0
Pressure pumping
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	174	189	0	0	0
Drilling and completion fluids
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Oil and natural gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	57	0	0	0	-	59	56	54	50	44	39	33	30	27	26	23	21	28	36	0	0	0
Total operating revenues
2,212	2,470	2,774	3,043	3,222	3,326	3,318	3,135	2,860	2,356	1,816	1,337	952	915	1,007	1,223	1,502	1,891	2,453	2,877	3,161	3,182	2,939	2,825	2,727	2,716	2,710	2,622	2,644	2,723	2,795	2,825	2,744	2,565	2,346	2,051	1,758	1,462	1,170	951	785	781	1,176	1,543	0	0	0
Operating costs and expenses:
Oil and natural gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	12	12	13	12	13	12	11	11	11	10	10	9	8	7	6	7	7	7	7	7	9	11	0	0	0
Drilling and completion fluids
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Depreciation, depletion, amortization and impairment
976	1,003	1,036	917	920	916	915	830	837	783	729	696	647	668	686	855	866	864	869	775	746	718	721	624	608	597	547	548	540	526	521	489	464	437	403	377	353	333	322	306	295	289	275	271	0	0	0
Impairment of goodwill
0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative
131	133	134	133	133	134	136	131	119	105	88	76	70	69	68	70	72	74	80	80	81	80	76	77	76	73	71	69	68	64	63	62	62	64	64	61	57	53	48	45	45	43	50	57	0	0	0
Net gain on asset disposals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	7	5	3	3	3	31	33	33	33	5	4	4	3	24	22	18	18	-3	-3	0	2	0	0	0
Credit loss expense
0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	0	0	-	-3	0	0	0	-	-
Merger and integration expenses
-	-	-	-	-	2	11	20	71	74	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses (income), net
-6	2	7	7	23	17	23	26	21	31	22	22	25	14	13	10	9	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
3,145	2,932	3,363	3,405	3,545	3,649	3,451	3,226	3,082	2,649	2,200	1,806	1,405	1,372	1,427	1,849	2,028	2,298	2,677	2,740	2,913	2,899	2,731	2,522	2,441	2,393	2,319	2,268	2,209	2,226	2,254	2,240	2,178	2,040	1,870	1,655	1,448	1,262	1,087	945	850	830	1,036	1,252	0	0	0
Operating loss
-932	-461	-589	-362	-323	-322	-133	-90	-222	-292	-384	-469	-453	-456	-419	-625	-526	-406	-223	136	248	283	208	302	286	322	390	354	434	497	541	584	565	525	476	396	310	200	83	6	-65	-48	139	291	0	0	0
Other income (expense):
Interest income
5	6	5	4	5	5	5	4	2	1	1	1	0	0	0	0	0	0	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	0	0	0	1	0	0	0
Interest expense, net of amount capitalized
73	75	59	51	50	51	49	46	42	37	35	36	37	40	41	40	38	36	35	33	31	29	28	29	28	28	27	26	24	22	21	17	16	15	14	17	15	12	10	5	5	4	2	1	0	0	0
Other
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	0	-	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total other expense
-67	-68	-54	-46	-45	-45	-43	-41	-39	-35	-34	-34	-37	-39	-40	-39	-37	-35	-34	-31	-30	-28	-26	-26	-26	-25	-25	-25	-23	-21	-20	-17	-15	-14	-13	-16	-12	-10	-8	-3	-4	-3	-1	0	0	0	0
Loss before income taxes
-1,000	-530	-643	-408	-368	-367	-176	-132	-261	-327	-418	-504	-490	-496	-460	-665	-564	-442	-257	104	218	254	181	275	259	296	364	329	410	475	520	567	550	510	462	380	297	190	75	2	-69	-51	138	291	0	0	0
Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	123	100	77	57	42	18	15	15	12	16	32	28	-44	-53	-66	-74	-118	-118	-123	-119	39	70	0	0	0
Deferred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-63	-4	16	50	91	103	136	160	180	191	168	158	217	196	179	147	146	120	99	101	8	31	0	0	0
Income tax benefit
-168	-104	-102	-54	-52	-45	-251	-248	-296	-333	-150	-186	-179	-177	-161	-224	-190	-147	-79	40	81	91	59	95	93	108	134	122	152	176	192	208	201	187	172	142	112	72	28	1	-24	-17	47	102	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	322	289	237	185	117	46	0	-45	-33	0	0	0	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	0	0	-	-	-	-	-4	0	0	0	-	-
Net loss
-831	-425	-541	-354	-315	-321	75	116	35	5	-267	-317	-311	-318	-299	-441	-374	-294	-178	63	136	162	121	180	166	188	230	206	258	299	328	359	348	322	288	236	184	116	44	-3	-50	-38	88	188	0	0	0
Net loss per common share:
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.56	0.53	0.53	0.46	0.36	0.19	0.19	0.03	-0.10	-0.11	-0.11	0.10	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	-0.01	-0.01	-0.01	0.00	-	-
Basic
-2.28	-0.41	-1.31	-0.24	-0.14	-0.92	-0.34	-0.05	-0.16	1.05	-0.16	-0.46	-0.40	-0.54	-0.58	-0.58	-0.48	-0.39	-1.54	-0.13	0.06	0.40	0.11	0.37	0.24	0.12	0.51	0.28	0.38	0.40	0.34	0.60	0.62	0.56	0.53	0.53	0.46	0.35	0.19	0.19	0.03	-0.12	-0.12	-0.12	0.11	0.70	0.52
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.55	0.53	0.52	0.46	0.35	0.19	0.19	0.03	-0.10	-0.11	-0.11	0.10	-	-
Loss from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	-0.01	-0.01	-0.01	0.00	-	-
Diluted
-2.28	-0.41	-1.31	-0.24	-0.14	-0.92	-0.34	-0.05	-0.16	1.05	-0.16	-0.46	-0.40	-0.54	-0.58	-0.58	-0.48	-0.39	-1.54	-0.13	0.06	0.39	0.11	0.37	0.24	0.11	0.51	0.28	0.38	0.41	0.33	0.60	0.62	0.55	0.53	0.52	0.46	0.35	0.19	0.19	0.03	-0.12	-0.12	-0.12	0.11	0.69	0.52
Weighted average number of common shares outstanding:
Basic
190	193	199	207	211	215	218	220	220	220	211	201	160	146	146	145	145	145	145	145	144	144	144	143	142	142	144	145	144	146	149	153	154	156	152	153	153	153	152	152	152	152	152	151	151	154	153
Diluted
190	193	199	207	211	215	218	220	220	226	211	201	160	146	146	145	145	144	145	145	145	143	146	146	145	142	145	146	146	147	150	153	155	156	154	155	154	153	154	152	153	152	152	151	151	155	155
Cash dividends per common share
0.04	-	0.04	0.04	0.04	-	0.04	0.04	0.02	-	0.02	0.02	0.02	-	0.02	0.02	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.16	0.16
Contract Drilling
Total operating revenues
1,203	1,308	1,425	1,473	1,475	1,430	1,352	1,288	1,209	1,040	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating costs and expenses
729	785	839	876	892	885	847	808	771	667	562	449	333	305	324	386	476	608	785	926	1,028	1,066	1,023	985	972	968	984	1,009	1,039	1,075	1,091	1,090	1,036	972	898	808	739	655	562	458	366	357	537	717	0	0	0
Impairment of goodwill
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pressure Pumping
Total operating revenues
746	868	1,026	1,239	1,414	1,573	1,660	1,601	1,465	1,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating costs and expenses
636	724	842	1,008	1,145	1,263	1,329	1,277	1,168	966	743	530	365	334	352	413	487	612	807	950	1,049	1,036	906	829	775	744	707	632	582	580	598	618	609	561	499	401	314	235	169	148	132	124	123	125	0	0	0
Directional Drilling
Total operating revenues
170	188	206	211	213	209	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating costs and expenses
165	178	193	182	183	175	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Total operating revenues
92	104	115	119	119	113	107	98	91	70	50	33	19	18	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating costs and expenses
79	84	92	81	81	77	76	70	65	51	33	20	9	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0