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Precision Drilling TSX:PD Stock Report

Last Price

CA$101.47

Market Cap

CA$1.5b

7D

4.0%

1Y

67.1%

Updated

03 Jun, 2024

Data

Company Financials +

Precision Drilling Corporation

TSX:PD Stock Report

Market Cap: CA$1.5b

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.

PD fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

Precision Drilling Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Precision Drilling
Historical stock prices
Current Share PriceCA$101.47
52 Week HighCA$104.90
52 Week LowCA$59.35
Beta2.9
1 Month Change4.32%
3 Month Change21.86%
1 Year Change67.08%
3 Year Change129.88%
5 Year Change113.17%
Change since IPO2,219.31%

Recent News & Updates

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)

Recent updates

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?

Shareholders Will Probably Hold Off On Increasing Precision Drilling Corporation's (TSE:PD) CEO Compensation For The Time Being

May 07
Shareholders Will Probably Hold Off On Increasing Precision Drilling Corporation's (TSE:PD) CEO Compensation For The Time Being

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

Mar 19
Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Are Institutions Heavily Invested In Precision Drilling Corporation's (TSE:PD) Shares?

Jan 25
Are Institutions Heavily Invested In Precision Drilling Corporation's (TSE:PD) Shares?

Would Shareholders Who Purchased Precision Drilling's (TSE:PD) Stock Five Years Be Happy With The Share price Today?

Dec 21
Would Shareholders Who Purchased Precision Drilling's (TSE:PD) Stock Five Years Be Happy With The Share price Today?

What Did Precision Drilling's (TSE:PD) CEO Take Home Last Year?

Nov 24
What Did Precision Drilling's (TSE:PD) CEO Take Home Last Year?

Shareholder Returns

PDCA Energy ServicesCA Market
7D4.0%1.8%-0.5%
1Y67.1%49.2%11.9%

Return vs Industry: PD exceeded the Canadian Energy Services industry which returned 48.3% over the past year.

Return vs Market: PD exceeded the Canadian Market which returned 11.4% over the past year.

Price Volatility

Is PD's price volatile compared to industry and market?
PD volatility
PD Average Weekly Movement4.5%
Energy Services Industry Average Movement5.0%
Market Average Movement8.7%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: PD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19515,000Kevin 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 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

How do Precision Drilling's earnings and revenue compare to its market cap?
PD fundamental statistics
Market capCA$1.47b
Earnings (TTM)CA$229.93m
Revenue (TTM)CA$1.91b

6.4x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PD income statement (TTM)
RevenueCA$1.91b
Cost of RevenueCA$1.20b
Gross ProfitCA$702.85m
Other ExpensesCA$472.92m
EarningsCA$229.93m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.89
Gross Margin36.86%
Net Profit Margin12.06%
Debt/Equity Ratio57.4%

How did PD perform over the long term?

See historical performance and comparison
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