company background image
PRE1 logo

Precision Drilling DB:PRE1 Stock Report

Last Price

€58.50

Market Cap

€809.6m

7D

-9.3%

1Y

4.5%

Updated

28 Jan, 2025

Data

Company Financials +

Precision Drilling Corporation

DB:PRE1 Stock Report

Market Cap: €809.6m

PRE1 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

PRE1 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Precision Drilling Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Precision Drilling
Historical stock prices
Current Share PriceCA$58.50
52 Week HighCA$70.50
52 Week LowCA$52.00
Beta2.7
1 Month Change5.41%
3 Month Change12.50%
1 Year Change4.46%
3 Year Change52.34%
5 Year Change183.98%
Change since IPO-58.80%

Recent News & Updates

Recent updates

Shareholder Returns

PRE1DE Energy ServicesDE Market
7D-9.3%-1.8%1.2%
1Y4.5%21.8%12.8%

Return vs Industry: PRE1 underperformed the German Energy Services industry which returned 21.8% over the past year.

Return vs Market: PRE1 underperformed the German Market which returned 12.6% over the past year.

Price Volatility

Is PRE1's price volatile compared to industry and market?
PRE1 volatility
PRE1 Average Weekly Movement5.4%
Energy Services Industry Average Movement5.2%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.0%
10% least volatile stocks in DE Market2.3%

Stable Share Price: PRE1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: PRE1's weekly volatility (5%) 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?
PRE1 fundamental statistics
Market cap€809.58m
Earnings (TTM)€161.88m
Revenue (TTM)€1.29b

4.9x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRE1 income statement (TTM)
RevenueCA$1.94b
Cost of RevenueCA$1.25b
Gross ProfitCA$688.14m
Other ExpensesCA$445.01m
EarningsCA$243.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)17.64
Gross Margin35.45%
Net Profit Margin12.53%
Debt/Equity Ratio47.4%

How did PRE1 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/28 00:02
End of Day Share Price 2025/01/28 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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 44 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.

AnalystInstitution
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets
Sean MeakimBarclays