Precision Drilling (PDS) Stock Price, News & Analysis

Company Overview

Precision Drilling Corporation (NYSE: PDS) is a Calgary, Alberta–based oilfield services company that has provided drilling solutions since its founding in 1951. With more than seven decades of industry experience, the company delivers contract drilling services, directional and horizontal drilling, well servicing, and a suite of specialized equipment designed to meet the evolving needs of exploration and production companies worldwide.

The company’s core business activities include operating a fleet of onshore drilling rigs, offering managed pressure drilling, measurement-while-drilling (MWD) and logging-while-drilling (LWD) services, and providing completion and workover rigs. Precision Drilling also develops advanced drilling technologies aimed at improving wellbore placement, reducing non-productive time and enhancing overall safety performance. This technology focus is supported by an in-house team of engineers and field specialists dedicated to continuous innovation and operational excellence.

Precision Drilling serves customers in key oil and gas regions across North America, including Western Canada, the U.S. Rocky Mountain region, and the Gulf Coast, as well as select international markets such as Latin America and the Middle East. Its geographically diversified operations enable the company to leverage market cycles and respond to regional activity shifts while maintaining a broad portfolio of service offerings tailored to local reservoir conditions and regulatory environments.

Under the leadership of President and Chief Executive Officer Jason Gysling, Precision Drilling emphasizes a commitment to health, safety and environmental stewardship, alongside strong corporate governance practices. The company’s management team works closely with its board of directors to uphold rigorous safety standards, advance technological development, and pursue disciplined growth strategies that align with the long-term objectives of shareholders and stakeholders in the communities it serves.

Key Stats

• Today's Range: $56.71 to $58.46
• 50-Day Range: $46.92 to $58.75
• 52-Week Range: $36.20 to $68.16
• Volume: 45,259 shs
• Average Volume: 112,382 shs
• Market Capitalization: $769.32 million
• P/E Ratio: 12.25
• Dividend Yield: N/A
• Price Target: $87.00
• Consensus Rating: Buy

Precision Drilling Stock Analysis - MarketRank™

Precision Drilling scored higher than 85% of companies evaluated by MarketBeat, and ranked 54th out of 267 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Precision Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Precision Drilling has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 34.79%

Earnings Growth

Earnings for Precision Drilling are expected to grow by 34.79% in the coming year, from $7.10 to $9.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Precision Drilling is 12.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 271.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Precision Drilling is 12.26, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.95.

Price to Book Value per Share Ratio

Precision Drilling has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.55% of the float of Precision Drilling has been sold short.

Short Interest Ratio / Days to Cover

Precision Drilling has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Precision Drilling has recently decreased by 5.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Precision Drilling does not currently pay a dividend.

Dividend Growth

Precision Drilling does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.55% of the float of Precision Drilling has been sold short.

Short Interest Ratio / Days to Cover

Precision Drilling has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in Precision Drilling has recently decreased by 5.13%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.53

News Sentiment

Precision Drilling has a news sentiment score of 1.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Precision Drilling this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for PDS on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Precision Drilling insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.95% of the stock of Precision Drilling is held by insiders.

Percentage Held by Institutions

48.86% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PDS Stock Analysis - Frequently Asked Questions

How have PDS shares performed this year?

Precision Drilling's stock was trading at $61.07 at the start of the year. Since then, PDS stock has decreased by 4.6% and is now trading at $58.2450.

How were Precision Drilling's earnings last quarter?

Precision Drilling Corporation (NYSE:PDS) released its earnings results on Tuesday, July, 29th. The oil and gas company reported $0.77 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.79. The oil and gas company had revenue of $299.14 million for the quarter, compared to analyst estimates of $435.47 million. Precision Drilling had a trailing twelve-month return on equity of 6.21% and a net margin of 5.67%.
Read the conference call transcript.

When did Precision Drilling's stock split?

Shares of Precision Drilling reverse split on the morning of Thursday, November 12th 2020.The 1-20 reverse split was announced on Thursday, October 29th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Does Precision Drilling have any subsidiaries?

Precision Drilling subsidiaries include Grey Wolf Drilling Limited, Grey Wolf Drilling (Barbados) Ltd., Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, and more.

Who are Precision Drilling's major shareholders?

Top institutional shareholders of Precision Drilling include Encompass Capital Advisors LLC (4.22%), Bank of Montreal Can (3.71%), Arrowstreet Capital Limited Partnership (2.93%) and Aegis Financial Corp (1.63%).

How do I buy shares of Precision Drilling?

Shares of PDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Precision Drilling own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Precision Drilling investors own include Broadcom (AVGO), NVIDIA (NVDA), Meta Platforms (META), EMCOR Group (EME), Arista Networks (ANET), GE Aerospace (GE) and Adobe (ADBE).

Company Calendar

• Last Earnings: 7/29/2025
• Today: 9/04/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL&GAS - DRILL
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:PDS
• CIK: 1013605
• Web: www.precisiondrilling.com
• Phone: (403) 716-4500
• Fax: 403-264-0251
• Employees: 5,504
• Year Founded: 1951

Price Target and Rating

• Average Price Target for Precision Drilling: $87.00
• High Price Target: $100.00
• Low Price Target: $74.00
• Potential Upside/Downside: +50.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.75
• Trailing P/E Ratio: 12.13
• Forward P/E Ratio: 8.13
• P/E Growth: N/A
• Net Income: $81.15 million
• Net Margins: 5.67%
• Pretax Margin: 7.96%
• Return on Equity: 6.21%
• Return on Assets: 3.62%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 1.01
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $1.39 billion
• Price / Sales: 0.55
• Cash Flow: $22.21 per share
• Price / Cash Flow: 2.60
• Book Value: $91.09 per share
• Price / Book: 0.63

Miscellaneous

• Outstanding Shares: 13,220,000
• Free Float: 13,091,000
• Market Cap: $763.51 million
• Optionable: Optionable
• Beta: 1.15