Patterson-UTI Energy (PTEN) Quick Ratio: History & Chart

Patterson-UTI Energy, Inc.(PTEN)

Oil & Gas Drilling · Houston, TX

$11.41-0.14 (-1.21%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.

Houston, TX

7,900 employees

www.patenergy.com

Energy / Oil & Gas Drilling

Sector: Energy
Industry: Oil & Gas Drilling
CEO: William Andrew Hendricks Jr.

View full financials

PTEN Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.57

QUICK RATIO (ACID-TEST) AVG TTM

1.52

QUICK RATIO (ACID-TEST) AVG 3Y

1.41

QUICK RATIO (ACID-TEST) AVG 5Y

1.40

QUICK RATIO (ACID-TEST) AVG 10Y

1.45

QUICK RATIO (ACID-TEST) AVG 15Y

1.49

QUICK RATIO (ACID-TEST) AVG 20Y

1.58

CURRENT VS TTM AVG

+3.32%

CURRENT VS 3Y AVG

+11.63%

CURRENT VS 5Y AVG

+12.01%

CURRENT VS 10Y AVG

+8.55%

CURRENT VS 15Y AVG

+5.26%

CURRENT VS 20Y AVG

-0.50%

SECTOR MEDIAN · ENERGY

1.06

median of 112 covered companies

CURRENT VS SECTOR MEDIAN

+48.15%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Patterson-UTI Energy, Inc. (PTEN)	$4.33B	1.57	1.52	1.41	1.40
Icahn Enterprises L.P. (IEP)vs ›	$4.46B	0.99	3.60	2.67	2.55
Oceaneering International, Inc. (OII)vs ›	$4.48B	1.90	1.73	1.73	1.89
Enphase Energy, Inc. (ENPH)vs ›	$4.48B	2.95	2.56	3.15	2.91
California Resources Corp (CRC)vs ›	$4.66B	0.56	0.87	1.01	0.90
Helmerich & Payne, Inc. (HP)vs ›	$3.96B	1.55	1.90	2.06	2.32
Golar LNG Limited (GLNG)vs ›	$5.09B	2.34	1.71	1.99	1.52
Plains GP Holdings LP (PAGP)vs ›	$5.19B	1.10	0.90	0.86	0.84
Alliance Resource Partners, L.P. (ARLP)vs ›	$3.17B	1.32	1.54	1.76	1.58
Weatherford International plc (WFRD)vs ›	$5.73B	1.77	1.57	1.53	1.60

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Patterson-UTI Energy, Inc. (PTEN)

$4.33B

1.57

1.52

1.41

1.40

Icahn Enterprises L.P. (IEP)vs ›

$4.46B

0.99

3.60

2.67

2.55

Oceaneering International, Inc. (OII)vs ›

$4.48B

1.90

1.73

1.89

Enphase Energy, Inc. (ENPH)vs ›

$4.48B

2.95

2.56

3.15

2.91

California Resources Corp (CRC)vs ›

$4.66B

0.56

0.87

1.01

0.90

Helmerich & Payne, Inc. (HP)vs ›

$3.96B

1.55

1.90

2.06

2.32

Golar LNG Limited (GLNG)vs ›

$5.09B

2.34

1.71

1.99

1.52

Plains GP Holdings LP (PAGP)vs ›

$5.19B

1.10

0.90

0.86

0.84

Alliance Resource Partners, L.P. (ARLP)vs ›

$3.17B

1.32

1.54

1.76

1.58

Weatherford International plc (WFRD)vs ›

$5.73B

1.77

1.57

1.53

1.60

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The quick ratio (acid-test) for PTEN stock is 1.57.

Is Patterson-UTI Energy, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.57 is 12% above its 5-year average of 1.40, near the high end of its 5-year range (1.19–1.63).

What is the TTM average quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The TTM average quick ratio (acid-test) for PTEN stock is 1.52.

What is the 3Y average quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The 3Y average quick ratio (acid-test) for PTEN stock is 1.41.

What is the 5Y average quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The 5Y average quick ratio (acid-test) for PTEN stock is 1.40.

What is the 10Y average quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The 10Y average quick ratio (acid-test) for PTEN stock is 1.45.

What is the 15Y average quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The 15Y average quick ratio (acid-test) for PTEN stock is 1.49.

What is the 20Y average quick ratio (acid-test) for Patterson-UTI Energy, Inc. (PTEN)?

The 20Y average quick ratio (acid-test) for PTEN stock is 1.58.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	1.57
2026-03-31	1.63
2025-12-31	1.46
2025-09-30	1.44
2025-06-30	1.50
2025-03-31	1.40
2024-12-31	1.34
2024-09-30	1.32
2024-06-30	1.30
2024-03-31	1.28
2023-12-31	1.24
2023-09-30	1.19
2023-06-30	1.61
2023-03-31	1.47
2022-12-31	1.40
2022-09-30	1.43
2022-06-30	1.27
2022-03-31	1.23
2021-12-31	1.24
2021-09-30	1.50
2021-06-30	1.62
2021-03-31	1.66
2020-12-31	1.63
2020-09-30	1.89
2020-06-30	1.77
2020-03-31	1.55
2019-12-31	1.49
2019-09-30	1.46
2019-06-30	1.76
2019-03-31	1.69
2018-12-31	1.68
2018-09-30	1.54
2018-06-30	1.54
2018-03-31	1.61
2017-12-31	1.24
2017-09-30	1.16
2017-06-30	1.13
2017-03-31	2.41
2016-12-31	0.99
2016-09-30	1.10
2016-06-30	1.52
2016-03-31	1.53
2015-12-31	1.53
2015-09-30	1.23
2015-06-30	1.10
2015-03-31	1.18
2014-12-31	1.54
2014-09-30	1.22
2014-06-30	1.45
2014-03-31	1.81
2013-12-31	2.22
2013-09-30	2.22
2013-06-30	2.12
2013-03-31	1.84
2012-12-31	1.87
2012-09-30	1.80
2012-06-30	1.94
2012-03-31	1.66
2011-12-31	1.75
2011-09-30	1.54
2011-06-30	1.53
2011-03-31	1.74
2010-12-31	1.71
2010-09-30	1.42
2010-06-30	1.26
2010-03-31	1.61
2009-12-31	2.33
2009-09-30	2.02
2009-06-30	1.86
2009-03-31	2.28
2008-12-31	1.98
2008-09-30	1.98
2008-06-30	2.08
2008-03-31	1.73
2007-12-31	1.62
2007-09-30	1.41
2007-06-30	1.57
2007-03-31	1.49
2006-12-31	1.92
2006-09-30	1.84
2006-06-30	2.19
2006-03-31	2.35
2005-12-31	2.39
2005-09-30	2.25
2005-06-30	2.45
2005-03-31	1.93
2004-12-31	2.46
2004-09-30	2.34
2004-06-30	2.36
2004-03-31	2.51
2003-12-31	2.70
2003-09-30	2.50
2003-06-30	2.68
2003-03-31	2.81
2002-12-31	3.03
2002-09-30	2.86

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

1.57

2026-03-31

1.63

2025-12-31

1.46

2025-09-30

1.44

2025-06-30

1.50

2025-03-31

1.40

2024-12-31

1.34

2024-09-30

1.32

2024-06-30

1.30

2024-03-31

1.28

2023-12-31

1.24

2023-09-30

1.19

2023-06-30

1.61

2023-03-31

1.47

2022-12-31

1.40

2022-09-30

1.43

2022-06-30

1.27

2022-03-31

1.23

2021-12-31

1.24

2021-09-30

1.50

2021-06-30

1.62

2021-03-31

1.66

2020-12-31

1.63

2020-09-30

1.89

2020-06-30

1.77

2020-03-31

1.55

2019-12-31

1.49

2019-09-30

1.46

2019-06-30

1.76

2019-03-31

1.69

2018-12-31

1.68

2018-09-30

1.54

2018-06-30

1.54

2018-03-31

1.61

2017-12-31

1.24

2017-09-30

1.16

2017-06-30

1.13

2017-03-31

2.41

2016-12-31

0.99

2016-09-30

1.10

2016-06-30

1.52

2016-03-31

1.53

2015-12-31

1.53

2015-09-30

1.23

2015-06-30

1.10

2015-03-31

1.18

2014-12-31

1.54

2014-09-30

1.22

2014-06-30

1.45

2014-03-31

1.81

2013-12-31

2.22

2013-09-30

2.22

2013-06-30

2.12

2013-03-31

1.84

2012-12-31

1.87

2012-09-30

1.80

2012-06-30

1.94

2012-03-31

1.66

2011-12-31

1.75

2011-09-30

1.54

2011-06-30

1.53

2011-03-31

1.74

2010-12-31

1.71

2010-09-30

1.42

2010-06-30

1.26

2010-03-31

1.61

2009-12-31

2.33

2009-09-30

2.02

2009-06-30

1.86

2009-03-31

2.28

2008-12-31

1.98

2008-09-30

1.98

2008-06-30

2.08

2008-03-31

1.73

2007-12-31

1.62

2007-09-30

1.41

2007-06-30

1.57

2007-03-31

1.49

2006-12-31

1.92

2006-09-30

1.84

2006-06-30

2.19

2006-03-31

2.35

2005-12-31

2.39

2005-09-30

2.25

2005-06-30

2.45

2005-03-31

1.93

2004-12-31

2.46

2004-09-30

2.34

2004-06-30

2.36

2004-03-31

2.51

2003-12-31

2.70

2003-09-30

2.50

2003-06-30

2.68

2003-03-31

2.81

2002-12-31

3.03

2002-09-30

2.86

Quick Ratio (Acid-Test): 1.57

PTEN Quick Ratio

PTEN Average Quick Ratio (Acid-Test) Chart

PTEN Current vs Average Quick Ratio (Acid-Test) Chart

PTEN Quick Ratio (Acid-Test) Metrics

PTEN Competitors' Quick Ratio (Acid-Test)

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Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

PTEN Quick Ratio (Acid-Test) History

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