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Precision Drilling TSX:PD Stock Report

Last Price

CA$59.78

Market Cap

CA$797.5m

7D

-0.4%

1Y

-36.5%

Updated

24 Apr, 2025

Data

Company Financials +

Precision Drilling Corporation

TSX:PD Stock Report

Market Cap: CA$797.5m

PD Stock Overview

A drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. More details

PD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 73.4% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 35.3% per year for the next 3 years

Significant insider selling over the past 3 months

Has a high level of debt

Profit margins (5.8%) are lower than last year (12.1%)


Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

PD logo
Precision Drilling
AN
AnalystConsensusTarget
Consensus Narrative from 8 Analysts

EverGreen Expansion And Rig Upgrades Will Strengthen Future Market Position

Key Takeaways Strategic debt reduction and share repurchases aim to enhance EPS and shareholder returns while supporting long-term financial stability. Expansion of product lines and investment in U.S. rig upgrades are anticipated to drive revenue growth and increase market penetration.
View narrative
CA$94.88
FV
37.0% undervalued intrinsic discount
-0.45%
Revenue growth p.a.
0users have liked this narrative
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12users have followed this narrative
1 day ago author updated this narrative
View Precision Drilling Community

Precision Drilling Corporation Competitors

PHX Energy Services

TSX:PHX

CA$349.0m

ACT Energy Technologies

TSX:ACX

CA$170.3m

AKITA Drilling

TSX:AKT.A

CA$68.0m

Stampede Drilling

TSXV:SDI

CA$29.6m

Price History & Performance

Summary of share price highs, lows and changes for Precision Drilling
Historical stock prices
Current Share PriceCA$59.78
52 Week HighCA$109.20
52 Week LowCA$51.38
Beta2.3
1 Month Change-10.83%
3 Month Change-34.13%
1 Year Change-36.48%
3 Year Change-33.67%
5 Year Change298.53%
Change since IPO1,266.40%

Recent News & Updates

Precision Drilling (TSE:PD) Is Looking To Continue Growing Its Returns On Capital

Apr 05
Precision Drilling (TSE:PD) Is Looking To Continue Growing Its Returns On Capital

Recent updates

Precision Drilling (TSE:PD) Is Looking To Continue Growing Its Returns On Capital

Apr 05
Precision Drilling (TSE:PD) Is Looking To Continue Growing Its Returns On Capital
author-image

EverGreen Expansion And Rig Upgrades Will Strengthen Future Market Position

Mar 11 Strategic debt reduction and share repurchases aim to enhance EPS and shareholder returns while supporting long-term financial stability.

With EPS Growth And More, Precision Drilling (TSE:PD) Makes An Interesting Case

Jan 28
With EPS Growth And More, Precision Drilling (TSE:PD) Makes An Interesting Case

Lacklustre Performance Is Driving Precision Drilling Corporation's (TSE:PD) Low P/E

Dec 07
Lacklustre Performance Is Driving Precision Drilling Corporation's (TSE:PD) Low P/E

Does Precision Drilling (TSE:PD) Have A Healthy Balance Sheet?

Sep 29
Does Precision Drilling (TSE:PD) Have A Healthy Balance Sheet?

We Like These Underlying Return On Capital Trends At Precision Drilling (TSE:PD)

Sep 13
We Like These Underlying Return On Capital Trends At Precision Drilling (TSE:PD)

We Ran A Stock Scan For Earnings Growth And Precision Drilling (TSE:PD) Passed With Ease

Aug 29
We Ran A Stock Scan For Earnings Growth And Precision Drilling (TSE:PD) Passed With Ease

Earnings Working Against Precision Drilling Corporation's (TSE:PD) Share Price

Jun 25
Earnings Working Against Precision Drilling Corporation's (TSE:PD) Share Price

We Think Precision Drilling (TSE:PD) Can Stay On Top Of Its Debt

Jun 05
We Think Precision Drilling (TSE:PD) Can Stay On Top Of Its Debt

Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?

Apr 04
Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?

Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)

Mar 20
Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)

Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings

Feb 13
Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings

We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Sep 13
We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Jun 08
We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Precision Drilling's (TSE:PD) Promising Earnings May Rest On Soft Foundations

May 04
Precision Drilling's (TSE:PD) Promising Earnings May Rest On Soft Foundations

Precision Drilling (TSE:PD) Has A Somewhat Strained Balance Sheet

Feb 23
Precision Drilling (TSE:PD) Has A Somewhat Strained Balance Sheet

Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Oct 23
Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Jul 06
Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Is Precision Drilling (TSE:PD) Weighed On By Its Debt Load?

Mar 21
Is Precision Drilling (TSE:PD) Weighed On By Its Debt Load?

Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Jun 30
Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Shareholder Returns

PDCA Energy ServicesCA Market
7D-0.4%1.5%1.9%
1Y-36.5%-2.5%10.8%

Return vs Industry: PD underperformed the Canadian Energy Services industry which returned -4.1% over the past year.

Return vs Market: PD underperformed the Canadian Market which returned 9.9% over the past year.

Price Volatility

Is PD's price volatile compared to industry and market?
PD volatility
PD Average Weekly Movement7.9%
Energy Services Industry Average Movement7.1%
Market Average Movement9.6%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.1%

Stable Share Price: PD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PD's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19515,504Kevin Neveuwww.precisiondrilling.com

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil, natural gas, and geothermal industry.

Precision Drilling Corporation Fundamentals Summary

How do Precision Drilling's earnings and revenue compare to its market cap?
PD fundamental statistics
Market capCA$797.46m
Earnings (TTM)CA$109.19m
Revenue (TTM)CA$1.87b

7.4x

P/E Ratio

0.4x

P/S Ratio

Is PD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PD income statement (TTM)
RevenueCA$1.87b
Cost of RevenueCA$1.24b
Gross ProfitCA$632.62m
Other ExpensesCA$523.43m
EarningsCA$109.19m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.07
Gross Margin33.81%
Net Profit Margin5.84%
Debt/Equity Ratio46.9%

How did PD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/24 07:29
End of Day Share Price 2025/04/24 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Precision Drilling Corporation is covered by 41 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets
Sean MeakimBarclays