| Benford Chart for PTEN 10Q Filed 10/28/2024 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 975 Recent share count: 393,049,805 (3's column) ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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On this page of Benford's Law Stocks.com we present our study of PATTERSON UTI ENERGY INC — ticker symbol PTEN. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/13/2020 to 10/28/2024
for PATTERSON UTI ENERGY INC under CIK number 0000889900.
For filings made in XBRL (eXtensible
Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL
filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format
found for each filing is presented below together with the results for PTEN, with the percentage of found numbers beginning with each digit
(1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as
well as the "normal" range for PATTERSON UTI ENERGY INC based on the past PTEN filings our system processed in the past.
| Benford's Law Stocks Score for PTEN = 54 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted point upon observing the 2's percentage was below the typical coverage universe range. • We deducted point upon observing the 2's percentage was below the company's typical historical range. • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier. • However, because we observed that the company's shares outstanding count begins with the digit 3, we canceled the penalty multiplier. • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier. • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range. • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range. • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range. • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range. |
| PTEN's Score Vs. Typical Stock | |||
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Check our work! We provide our PATTERSON UTI ENERGY INC Benford's Law analysis for informational purposes only, and our software should be expected to
make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating
the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the PTEN filing
above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also
be helpful for exploring any columns in particular that caught your eye.
| 1's | 2's | 3's |
|---|---|---|
| We found 266 numbers that start with the digit 1. Here they are: 115,482 192,680 14,954 172,750 180,805 150,239 141,122 1,302,250 1,485,698 1,379,741 1,051,697 10,982 19,424 13,846 13,541 14,889 12,226 1,050,435 17,771 12,953 1,219,461 1,224,941 13,604 1,000,000 130,803,508 105,580,011 1,929,899 1,657,675 1,319,425 1,456,161 1,003,083 14,990 16,533 1,357,222 1,011,452 141,921 10,077 10,591 197,635 195,258 108,925 19,060 1,001,748 17,990 15,625 17,961 14,112 1,008,590 184,014 1,442 184,342 184,014 183,358 1,442 183,686 1,657,675 1,363 14 14 12,051 12,051 1,756,288 11,077 11,621 127 127 1,647 17 17 10,813 10,813 133,487 133,487 1,889,775 12,926 12,926 1,929,899 1,453,079 1,665,523 1 1 16,916 16,916 1,527,386 1,672,957 1,001 10 10 1,512 15 15 16,591 16,591 1,554,706 1,720,169 172,224 1,722 1,578,077 184,014 1,668 1,188 103,691 15,086 16,460 124,560 14,685 19,566 124,286 188,311 1,538 192,680 137,553 115,482 1,350 14,328 15,645 10,083 17,323 113,379 115,482 14.94 14.94 10.5 18,426 109,055 15,989 149,185 172,092 14.91 1,997 161,000 14.0 1,045,610 19,091 129,535 19,091 11,815 1,877,183 13.3 103 13.3 127,745 141,311 172,750 180,805 150,239 141,122 133,335 119,653 188 114 1,379,741 1 10.25 10.75 13 156,243 16,435 186,337 101,000 10,906 101,000 12,260 1,101,087 138,492 1,097,832 1,051,697 10.1 10.9 103,745 129,982 11,842 11,524 10,724 19,172 13,307 15,113 18,686 1,236,930 1,246,086 12,226 1,219,461 1,224,941 100 10 1.00 1.00 1.75 10 1.50 1.50 100 100 101 1,236,930 14.3 1.0 105,580,011 1,657,675 1,202,720 12,977 130,803,508 1,929,899 1,031,218 1,834,005 1,834,005 10.60 10.50 189,134 11.46 11.34 1,001,000 10,904 10,743 1,518 1,997 1,372 1,821 15.3 13.9 184,342 184,342 10,351 1,369,275 1,496,520 1,003,083 18,020 17,501 16,272 14,992 1,357,222 1,011,452 114,737 131,329 162 108,659 1,811 163,543 154,542 17,990 15,625 1,008,590 140,930 135,339 17,075 17,075 19,253 1,224 1,235 197,635 107,529 16,309 18,919 18,387 15,406 180,587 160,422 1,011,870 181,777 144,637 18,686 18,766 1,236,930 1,246,288 1,246,086 1,223,284 | We found 127 numbers that start with the digit 2. Here they are: 28,305 24,094 245,687 248,107 25,066 2,391,719 2,599,350 2,581,937 265,129 2,562,139 250,877 279,927 2,102,643 29,577 2,908 2,635 2,347,851 2,321,890 240,249 2,131 26,415 213,834 29,820 278 2.50 2.29 2.50 2.29 280,218 233,631 281,984 234,488 24 24 278 238 2 2 263 263 229 229 27,320 27,320 278 2,566,150 2,567,872 27,358 27,358 23,371 23,371 28,921 22,323 29,355 23,397 25,322 29,388 25,473 2,983 286 269,948 2,933 29,269 27,454 26,382 2,103 27,583 23,258 228,846 2,565,895 2,799,308 2,556,056 22,533 2,799,308 263 26,949 242,961 238,337 249,505 248,693 220 2 25,563 202,772 202,772 2,683 2.00 2.1 2.25 21.5 2.4 24,020,777 259,247 2,865,223 23.36 25.52 22.14 22.14 27,640 2,590 2,781 280,218 233,631 2.50 2.29 281,984 234,488 2.50 2.29 2,581,937 265,129 2,562,139 24,275 2,152 2,131 213,834 201,272 272,361 22,924 21,946 210,346 261,155 258,860 2,487 2,083,115 2,368,604 2,663,525 | We found 136 numbers that start with the digit 3. Here they are: 333 389,956,453 3,490 3,095,070 3,340,412 33,874 3,927 326,794 36,794 37,848 389,938,852 3,562,127 3,571,958 368,869 32,071 32,071 31,535 31,912 374,680 34,189 358 3,191 30,256 328 328 391,732 399,795 391,732 399,795 328 328 32,553 32,553 31,815 31,815 348 348 31,225 31,225 396 396 3,571,958 302,326 3,023 3,202,973 302,415 3,024 3,202,214 304,928 3,049 3,208,927 328 34,900 349 3,793 38 38 33,217 33,217 35,790 33,338 30,053 39,443 357,314 396,412 36,635 3,241 31,538 3,241 3,161,691 34.9 373 34,900 372,757 370 36,313 313,000 33,323 358,873 38,888 32,057 35,213 33,615 31,006 38,584 36,773 37,973 38,811 3,095,070 3,340,412 36,885 3,406 31.1 3,437 38,097 38,536 326,794 3.95 344,895 344,895 30 35.9 3.95 350 396 3.95 3,135 344,895 35.0 3,101,421 3,220,826 3.6 3.0 391,732 399,795 391,732 399,795 3,268 3,030 3,068 34,395 329,322 392,980 3,573 34,189 358 3,191 392,224 374,680 3,835,699 3.95 344,895 340,909 344,895 329,032 3.95 |
| 4's | 5's | 6's |
|---|---|---|
| We found 101 numbers that start with the digit 4. Here they are: 47,424 47,599 487,388 493,360 446,268 43,980 411,195,302 472 4,812,292 4,820,681 421,563 488,775 459,574 46,570 46,570 49,285 4,215,776 47,144 452,629 45,102 4,801 4,583 49,079 4,408 4,130 427 427 472 4,820,681 471 422 422 4,751,857 4,608,514 427 40,124 40,124 4,895 4,859,614 452,629 427 45,207 410,417 4,447 420,000 420,000 411,332 44,454 443,660 450,503 420,200 401 42,827 46,394 436 42 42 457,616 450,503 487,388 46,529 46,135 446,268 482,505 482,505 400,000 400,000 48.3 400 482,505 400,000 40.0 4.8 493,893 414,000 437,835 459,574 46,570 46,570 49,850 40,359 4,215,776 435 4,801 4,583 4,408 428,303 4,212 452,629 45,853 4,058 410,417 482,505 464,637 482,505 450,540 400,000 431,159 400,000 424,946 4.93 | We found 91 numbers that start with the digit 5. Here they are: 5,963,677 534,420 520,742,360 516,775,313 5,207 5,166 57,035 51 5,963,677 56,325 5,679 5,074,178 54,238 50 597 523 516,775 5,166 57,035 51,235 51,706 518,138 5,180 521 544 520,504 5,205 54,209 597 597 520,742 5,207 51 50 521,057 521,406 515,845 5,158 5,824 5,956 5,679 553,282 538,036 524,815 50,000 50,000 5,192 521,406 5,228 5,228 5.5 50,733 50,733 5,811,809 5.15 567 50.0 50 525 5.15 5.15 5.25 5,827,668 521,533 5,519,129 52.5 500,500 584 50 50 503,767 56,254 59,393 53,132 54,238 5,319 5,908 56,464 5,909 5,972 538,036 55,426 59,221 5,963,677 5.15 5.25 5.17 5.79 5.15 5.40 5.36 | We found 56 numbers that start with the digit 6. Here they are: 63,228 6,443,043 6,407,294 65,696 6,699 618 656 656 606 6,407,294 6,419,331 6,430,119 648 6,443,043 6,738 6,738 62,899 656 656 6,395,867 656 65,185 66,724 6,321 67,048 61,856 67,048 68,467 601,574 678,873 6,117 6,104,877 684 6,614 67,396 68,419 62,194 615 615 613 6,395 67.2 631,700 670 617 69 6,969 69,898 6,240 6,240 692,707 618 69,127 6.10 6.01 6.28 |
| 7's | 8's | 9's |
|---|---|---|
| We found 71 numbers that start with the digit 7. Here they are: 7,420,031 7,956 7,420,031 784,111 703,809 785,458 721 70,188 78,128 745 716 7,526 79 79 75,295 719 758 758 74,307 74,307 72,413 72,413 7,457 71,689 7,837 753 77,198 70,505 7,214 7,513 7,513 79,863 74.4 752 752 70,416 71,930 768,000 7,437 7,113 7,113 73 785,055 78,374 706,681 786,715 761,152 7,345 731 73,385 7,275 7.15 7,956 75 7.15 7.15 780 718,581 7,225 79 79 7,847 7,847 745 716 73,282 7,940 7,940 7,420,031 7.15 7.15 | We found 55 numbers that start with the digit 8. Here they are: 863,779 858,402 8,919 800,000,000 8,389 831,567 89,102 842,761 885,240 885,240 858,402 8,389 8,860 8 8 87,394 89 84,614 84,614 8,729 8,729 811 811 8,401 885,240 859,702 813,636 894 894,163 8,729 894,163 84,677 86,293 8,536,173 8,506,727 885,240 885,240 8 885 8,919 85.0 875,100 843,000 8,440 826 866 8 831,567 89,102 848,311 83,338 8,330 89,242 86,755 804 | We found 72 numbers that start with the digit 9. Here they are: 971,091 962,595 9,513 956,173 9,831 917,274 9,994 990,629 9,704 907,481 978,334 915,007 978,761 916,449 978,334 915,007 977,737 934 915,530 978,164 916,972 993 993 98,613 98,613 9,404 978,761 978,334 956,173 9,831 99,678 99,678 915,007 917,274 95,593 9,156 938 95,815 922,125 99.5 9 9,199,947 9,152,221 922,125 90,094 97,594 9,577 962,595 92.4 98,914 9,530 9,513 9.09 912 903 990 93.7 978,761 916,449 978,761 916,449 968 908,665 9,136 933,924 99,390 907,481 90,668 917,274 979,834 9,530 9,583 |
While the above PTEN 10Q Filed 10/28/2024 is interesting in isolation, we have found that it is also useful to take a look at older
PATTERSON UTI ENERGY INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a
Benford's Law analysis. Below we repeat the 10Q Filed 10/28/2024 but instead of the chart comparing against the typical company across
our coverage universe, below we show the same chart compared against the typical PTEN 10Q and 10K filings that we have processed
historically. This is followed by similar charts for each of those historical filings.
| 10Q Filed 10/28/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 975 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 2/27/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,244 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/1/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 509 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/2/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 788 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/2/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 822 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 2/9/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,130 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 4/28/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 556 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 7/29/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 879 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/9/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,013 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 2/13/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,096 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/3/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 560 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/3/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 780 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 10/27/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 911 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 2/13/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,144 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/6/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 677 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/1/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 723 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 10/31/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 811 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 2/16/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,104 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/4/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 538 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 7/28/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 867 ■ = Typical PTEN range from 2/13/2020 to 10/28/2024 | ||||||||||||||||||||||||||||||||||||