Patterson-UTI Energy, Inc.
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping …
Oil & Gas Drilling
US, Houston [HQ]
Cash Flow Statement
15 Sheets · From 2023 to 2009Configuration
In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 453.00 | 525.00 | 868.00 | 1,005.00 | 888.00 | 728.00 | 999.00 | 305.00 | 300.00 | 730.00 | 696.00 | 278.00 | 95.00 | 566.00 | 1,005.00 | |
| Operating Cash (Net) | 453.00 | 525.00 | 868.00 | 1,005.00 | 888.00 | 728.00 | 999.00 | 305.00 | 300.00 | 730.00 | 696.00 | 278.00 | 95.00 | 566.00 | 1,005.00 | |
| Accounts Receivable | 213.00 | -178.00 | -183.00 | 52.00 | 12.00 | -214.00 | 440.00 | 72.00 | -239.00 | 23.00 | 213.00 | 173.00 | -147.00 | -209.00 | 84.00 | |
| Accounts Payable | -52.00 | 49.00 | 41.00 | -25.00 | 11.00 | 86.00 | -131.00 | 12.00 | 104.00 | -69.00 | -77.00 | -48.00 | 50.00 | 38.00 | -69.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 45.00 | -72.00 | -66.00 | 29.00 | 30.00 | -208.00 | 386.00 | 96.00 | -171.00 | -44.00 | 134.00 | 84.00 | -55.00 | -86.00 | -67.00 | |
| Other WC | -129.00 | 64.00 | 87.00 | -3.00 | 6.00 | -74.00 | 37.00 | 6.00 | -12.00 | 2.00 | -30.00 | -68.00 | 46.00 | 97.00 | -51.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -449.00 | -904.00 | -963.00 | -907.00 | -652.00 | -1,195.00 | -722.00 | -97.00 | -1,010.00 | -584.00 | -301.00 | -124.00 | -131.00 | -413.00 | -1,017.00 | |
| Capital Expenditure | -452.00 | -738.00 | -1,011.00 | -973.00 | -662.00 | -1,052.00 | -743.00 | -119.00 | -567.00 | -641.00 | -347.00 | -145.00 | -166.00 | -436.00 | -615.00 | |
| Purchases of Investments | - - | - - | - - | - - | - - | - - | - - | - - | -2.00 | - - | - - | - - | - - | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -452.00 | -738.00 | -1,011.00 | -973.00 | -662.00 | -1,052.00 | -743.00 | -119.00 | -567.00 | -641.00 | -347.00 | -145.00 | -166.00 | -436.00 | -615.00 | |
| Acquisitions (Net) | - - | -238.00 | - - | - - | - - | -176.00 | 20.00 | - - | -501.00 | -14.00 | - - | 20.00 | -29.00 | 26.00 | -396.00 | |
| Other Investing Activities | 3.00 | 72.00 | 47.00 | 66.00 | 10.00 | 33.00 | 20.00 | 21.00 | 60.00 | 71.00 | 45.00 | - - | 64.00 | -2.00 | -5.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -37.00 | -355.00 | -91.00 | -10.00 | -97.00 | -260.00 | -199.00 | -285.00 | -716.00 | -56.00 | -465.00 | -103.00 | -71.00 | -133.00 | -65.00 | |
| Debt Repayment | -6.00 | -201.00 | -49.00 | -327.00 | -6.00 | -56.00 | -130.00 | -455.00 | -268.00 | -347.00 | -673.00 | -62.00 | -50.00 | -169.00 | -370.00 | |
| Dividends Paid | -30.00 | -30.00 | -31.00 | -30.00 | -29.00 | -58.00 | -58.00 | -23.00 | -16.00 | -30.00 | -32.00 | -18.00 | -15.00 | -43.00 | -100.00 | |
|
Common Stock
|
1 | 602 | 4 | 694 | 73 | 393 | 8 | 204 | 6 | 164 | 752 | 21 | 69 | 70 | 200 | |
| Issued | - - | 600.00 | - - | 524.00 | - - | 380.00 | - - | 200.00 | - - | 2.00 | 496.00 | - - | 63.00 | - - | - - | |
| Repurchased | -1.00 | -1.00 | -4.00 | -170.00 | -73.00 | -13.00 | -8.00 | -3.00 | -6.00 | -161.00 | -255.00 | -21.00 | -6.00 | -70.00 | -200.00 | |
| Other Financing Activities | - - | -10.00 | 176.00 | -7.00 | 11.00 | 8.00 | -1.00 | -3.00 | 471.00 | 593.00 | - - | - - | -63.00 | 149.00 | 736.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 81.00 | 49.00 | 27.00 | 23.00 | 110.00 | 249.00 | 43.00 | 113.00 | 35.00 | 42.00 | 245.00 | 174.00 | 224.00 | 117.00 | 137.00 | |
| End of Period | 49.00 | 27.00 | 23.00 | 110.00 | 249.00 | 43.00 | 113.00 | 35.00 | 42.00 | 245.00 | 174.00 | 224.00 | 117.00 | 137.00 | 192.00 | |
| Change | -31.00 | -22.00 | -3.00 | 86.00 | 138.00 | -206.00 | 70.00 | -78.00 | 7.00 | 202.00 | -70.00 | 50.00 | -107.00 | 20.00 | 55.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 322.00 | 333.00 | 437.00 | 526.00 | 597.00 | 718.00 | 864.00 | 668.00 | 783.00 | 916.00 | 1,003.00 | 670.00 | 849.00 | 483.00 | 731.00 | |
| Stock Based Compensation | 18.00 | 16.00 | 20.00 | 23.00 | 25.00 | 27.00 | 28.00 | 28.00 | 44.00 | 37.00 | 39.00 | 26.00 | 21.00 | 21.00 | 46.00 | |
| Other | 3.00 | -16.00 | -4.00 | -32.00 | -3.00 | -15.00 | 115.00 | -12.00 | -31.00 | 183.00 | 47.00 | 426.00 | -2.00 | -13.00 | -3.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 1.00 | -212.00 | -142.00 | 31.00 | 226.00 | -323.00 | 255.00 | 185.00 | -266.00 | 89.00 | 348.00 | 133.00 | -70.00 | 129.00 | 390.00 | |
| Cash Conversion Cycle (CCC) | 73.00 | 43.00 | 23.00 | 35.00 | 36.00 | 40.00 | 37.00 | 30.00 | 53.00 | 37.00 | 33.00 | 38.00 | 67.00 | 49.00 | 54.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | 2.00 | - - | - - | - - | - - | - - | -6.00 | - - | 1.00 | - - | - - | - - | - - | - - | 1.00 |