Precision Drilling Corporation

NYSE:PDS Stock Report

Market Cap: US$821.5m

Precision Drilling Management

Management criteria checks 3/4

Precision Drilling's CEO is Kevin Neveu, appointed in Jan 2007, has a tenure of 17.42 years. total yearly compensation is CA$6.72M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 2% of the company’s shares, worth $16.42M. The average tenure of the management team and the board of directors is 8 years and 8.5 years respectively.

Key information

Kevin Neveu

Chief executive officer

CA$6.7m

Total compensation

CEO salary percentage16.1%
CEO tenure18yrs
CEO ownership2.0%
Management average tenure8yrs
Board average tenure8.5yrs

Recent management updates

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

CEO Compensation Analysis

How has Kevin Neveu's remuneration changed compared to Precision Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$243m

Jun 30 2024n/an/a

CA$224m

Mar 31 2024n/an/a

CA$230m

Dec 31 2023CA$7mCA$1m

CA$289m

Sep 30 2023n/an/a

CA$146m

Jun 30 2023n/an/a

CA$157m

Mar 31 2023n/an/a

CA$105m

Dec 31 2022CA$6mCA$1m

-CA$34m

Sep 30 2022n/an/a

-CA$65m

Jun 30 2022n/an/a

-CA$134m

Mar 31 2022n/an/a

-CA$185m

Dec 31 2021CA$5mCA$998k

-CA$177m

Sep 30 2021n/an/a

-CA$188m

Jun 30 2021n/an/a

-CA$178m

Mar 31 2021n/an/a

-CA$151m

Dec 31 2020CA$6mCA$957k

-CA$120m

Sep 30 2020n/an/a

-CA$84m

Jun 30 2020n/an/a

-CA$59m

Mar 31 2020n/an/a

-CA$24m

Dec 31 2019CA$7mCA$1m

CA$7m

Sep 30 2019n/an/a

-CA$191m

Jun 30 2019n/an/a

-CA$218m

Mar 31 2019n/an/a

-CA$251m

Dec 31 2018CA$7mCA$1m

-CA$294m

Compensation vs Market: Kevin's total compensation ($USD4.66M) is above average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Neveu (63 yo)

18yrs

Tenure

CA$6,724,358

Compensation

Mr. Kevin A. Neveu B.Sc, P.Eng, has been the Chief Executive Officer and President of Precision Drilling Corporation, the Administrator of Precision Drilling Trust since January 2007. Mr. Neveu served as t...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Neveu
President18yrsCA$6.72m2%
$ 16.4m
Carey Ford
Chief Financial Officer8.8yrsCA$2.92m0.32%
$ 2.6m
Shuja Goraya
Chief Technology Officer6.5yrsCA$2.06m0.26%
$ 2.1m
Veronica Foley
Chief Legal & Compliance Officer8.7yrsCA$2.04m0.29%
$ 2.4m
Gene Stahl
President of North American Drilling2yrsCA$2.51m0.41%
$ 3.3m
Darren Ruhr
Chief Administrative Officer6.5yrsCA$1.41mno data
Lavonne Zdunich
Director of Investor Relationsno datano datano data
Dustin Honing
Manager of Investor Relations & Corporate Developmentno datano datano data
Grant Hunter
Senior Vice President of North American Drilling Operation18yrsCA$1.39mno data
Ross Pickering
Senior Vice President of Global Operations Excellence5.5yrsno datano data
Niels Espeland
Consultant8yrsCA$1.68mno data

8.0yrs

Average Tenure

63yo

Average Age

Experienced Management: PDS's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Neveu
President17.4yrsCA$6.72m2%
$ 16.4m
Steven Krablin
Independent Chairman of the Board9.7yrsCA$398.13k0.016%
$ 134.5k
William Donovan
Independent Director16.1yrsCA$283.42k0.050%
$ 409.3k
David Williams
Independent Director6.3yrsCA$271.27k0.0073%
$ 60.0k
Kevin Meyers
Independent Director13.3yrsCA$283.42k0.025%
$ 207.5k
Susan MacKenzie
Independent Director7.3yrsCA$283.42k0.023%
$ 192.2k
Lori Lancaster
Independent Director2.3yrsCA$263.17k0.020%
$ 165.3k
Alice Wong
Directorless than a yearno datano data

8.5yrs

Average Tenure

65.5yo

Average Age

Experienced Board: PDS's board of directors are considered experienced (8.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/29 03:26
End of Day Share Price 2025/01/29 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

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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