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Precision Drilling NYSE:PDS Stock Report

Last Price

US$56.58

Market Cap

US$797.7m

7D

-6.2%

1Y

4.8%

Updated

22 Dec, 2024

Data

Company Financials +

Precision Drilling Corporation

NYSE:PDS Stock Report

Market Cap: US$797.7m

PDS 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

PDS 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$56.58
52 Week HighCA$79.07
52 Week LowCA$51.53
Beta2.73
1 Month Change-14.76%
3 Month Change-13.02%
1 Year Change4.80%
3 Year Change62.87%
5 Year Change100.64%
Change since IPO223.31%

Recent News & Updates

Precision Drilling: Capitalizing On Strong Activity In Canada

Nov 18

Precision Drilling: Get 20% Free Cash Flow Yield At The Cyclical Bottom

Sep 24

Recent updates

Precision Drilling: Capitalizing On Strong Activity In Canada

Nov 18

Precision Drilling: Get 20% Free Cash Flow Yield At The Cyclical Bottom

Sep 24

Precision Drilling: The Seagulls Are Missing A Bet

Mar 14

Precision Drilling: Put A Driller In Your Stocking

Dec 22

Precision Drilling Q4 2022 Earnings Preview

Feb 08

Precision Drilling Q3 2022 Earnings Preview

Oct 26

Precision Drilling receives TSX approval to renew normal course issuer bid

Aug 24

Precision Drilling Q2 2022 Earnings Preview

Jul 26

Beware Of The Risk Of Precision Drilling

Mar 28

Precision Drilling: Good Buying Opportunity

Dec 30

Take Advantage Of The Rally And Sell Precision Drilling

Oct 01

Precision Drilling: Medium-Term Margin Growth Remains The Key

Jul 18

Precision Drilling: Time To Shine

Nov 30

Shareholder Returns

PDSUS Energy ServicesUS Market
7D-6.2%-6.9%-2.4%
1Y4.8%-14.4%23.4%

Return vs Industry: PDS exceeded the US Energy Services industry which returned -14.6% over the past year.

Return vs Market: PDS underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is PDS's price volatile compared to industry and market?
PDS volatility
PDS Average Weekly Movement5.0%
Energy Services Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: PDS'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?
PDS fundamental statistics
Market capUS$797.69m
Earnings (TTM)US$169.18m
Revenue (TTM)US$1.35b

4.7x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PDS 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

n/a

Earnings per share (EPS)17.29
Gross Margin35.45%
Net Profit Margin12.53%
Debt/Equity Ratio47.4%

How did PDS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:14
End of Day Share Price 2024/12/20 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 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.

AnalystInstitution
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets
Sean MeakimBarclays