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 North America and the Middle East. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
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Risk Analysis
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Precision Drilling Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$83.78 |
| 52 Week High | CA$109.20 |
| 52 Week Low | CA$68.92 |
| Beta | 2.73 |
| 1 Month Change | -3.38% |
| 3 Month Change | 0.36% |
| 1 Year Change | 16.77% |
| 3 Year Change | 87.47% |
| 5 Year Change | 130.16% |
| Change since IPO | 1,814.97% |
Recent News & Updates
Lacklustre Performance Is Driving Precision Drilling Corporation's (TSE:PD) Low P/E
Dec 07
Does Precision Drilling (TSE:PD) Have A Healthy Balance Sheet?
Sep 29We Like These Underlying Return On Capital Trends At Precision Drilling (TSE:PD)
Sep 13Recent updates
Lacklustre Performance Is Driving Precision Drilling Corporation's (TSE:PD) Low P/E
Dec 07Does Precision Drilling (TSE:PD) Have A Healthy Balance Sheet?
Sep 29We Like These Underlying Return On Capital Trends At Precision Drilling (TSE:PD)
Sep 13We Ran A Stock Scan For Earnings Growth And Precision Drilling (TSE:PD) Passed With Ease
Aug 29Earnings Working Against Precision Drilling Corporation's (TSE:PD) Share Price
Jun 25We Think Precision Drilling (TSE:PD) Can Stay On Top Of Its Debt
Jun 05Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?
Apr 04Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)
Mar 20Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings
Feb 13We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt
Sep 13We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt
Jun 08Precision Drilling's (TSE:PD) Promising Earnings May Rest On Soft Foundations
May 04Precision Drilling (TSE:PD) Has A Somewhat Strained Balance Sheet
Feb 23Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?
Oct 23Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?
Jul 06Is Precision Drilling (TSE:PD) Weighed On By Its Debt Load?
Mar 21Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?
Jun 30Shareholders Will Probably Hold Off On Increasing Precision Drilling Corporation's (TSE:PD) CEO Compensation For The Time Being
May 07Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?
Mar 19Are Institutions Heavily Invested In Precision Drilling Corporation's (TSE:PD) Shares?
Jan 25Shareholder Returns
| PD | CA Energy Services | CA Market | |
|---|---|---|---|
| 7D | 4.2% | -0.8% | -0.7% |
| 1Y | 16.8% | 44.5% | 16.3% |
Return vs Industry: PD underperformed the Canadian Energy Services industry which returned 44.5% over the past year.
Return vs Market: PD matched the Canadian Market which returned 16.3% over the past year.
Price Volatility
| PD volatility | |
|---|---|
| PD Average Weekly Movement | 4.6% |
| Energy Services Industry Average Movement | 5.5% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 2.9% |
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 (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1951 | 5,000 | Kevin Neveu | www.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 North America and the Middle East. The company 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 geothermal, oil and natural gas industry.
Precision Drilling Corporation Fundamentals Summary
| PD fundamental statistics | |
|---|---|
| Market cap | CA$1.18b |
| Earnings (TTM) | CA$243.12m |
| Revenue (TTM) | CA$1.94b |
4.8x
P/E Ratio0.6x
P/S RatioIs PD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PD income statement (TTM) | |
|---|---|
| Revenue | CA$1.94b |
| Cost of Revenue | CA$1.25b |
| Gross Profit | CA$688.14m |
| Other Expenses | CA$445.01m |
| Earnings | CA$243.12m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 17.29 |
| Gross Margin | 35.45% |
| Net Profit Margin | 12.53% |
| Debt/Equity Ratio | 47.4% |
How did PD perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:14 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Precision Drilling Corporation is covered by 45 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Waqar Syed | ATB Capital Markets |
| Tim Monachello | ATB Capital Markets |
| Sean Meakim | Barclays |