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Precision Drilling TSX:PD Stock Report

Last Price

CA$86.18

Market Cap

CA$1.2b

7D

-6.2%

1Y

-11.4%

Updated

12 Sep, 2024

Data

Company Financials +

Precision Drilling Corporation

TSX:PD Stock Report

Market Cap: CA$1.2b

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$86.18
52 Week HighCA$109.20
52 Week LowCA$67.46
Beta2.8
11 Month Change-10.11%
3 Month Change-4.31%
1 Year Change-11.40%
33 Year Change98.21%
5 Year Change134.18%
Change since IPO1,869.83%

Recent News & Updates

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

Recent updates

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?

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?

Shareholder Returns

PDCA Energy ServicesCA Market
7D-6.2%-3.8%2.0%
1Y-11.4%5.8%12.9%

Return vs Industry: PD underperformed the Canadian Energy Services industry which returned 6.1% over the past year.

Return vs Market: PD underperformed the Canadian Market which returned 13.2% over the past year.

Price Volatility

Is PD's price volatile compared to industry and market?
PD volatility
PD Average Weekly Movement5.6%
Energy Services Industry Average Movement5.1%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.8%
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 (6%) 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$1.20b
Earnings (TTM)CA$223.73m
Revenue (TTM)CA$1.91b

5.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PD income statement (TTM)
RevenueCA$1.91b
Cost of RevenueCA$1.23b
Gross ProfitCA$681.20m
Other ExpensesCA$457.47m
EarningsCA$223.73m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.79
Gross Margin35.65%
Net Profit Margin11.71%
Debt/Equity Ratio51.8%

How did PD perform over the long term?

See historical performance and comparison