Precision Drilling Corp Company Profile (NYSE:PDS)

About Precision Drilling Corp (NYSE:PDS)

Precision Drilling Corp logoPrecision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: N/A
  • Symbol: NYSE:PDS
  • CUSIP: N/A
  • Web: www.precisiondrilling.com
Capitalization:
  • Market Cap: $1.16 billion
  • Outstanding Shares: 293,238,000
Average Prices:
  • 50 Day Moving Avg: $4.14
  • 200 Day Moving Avg: $4.93
  • 52 Week Range: $3.51 - $6.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 396.00
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: $730.83 million
  • Price / Sales: 1.59
  • Book Value: $4.85 per share
  • Price / Book: 0.82
Profitability:
  • EBIDTA: $157.24 million
  • Net Margins: -16.58%
  • Return on Equity: -8.01%
  • Return on Assets: -3.59%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 1.96%
  • Quick Ratio: 1.86%
Misc:
  • Average Volume: 2.64 million shs.
  • Beta: 1.79
  • Short Ratio: 8.61
 

Frequently Asked Questions for Precision Drilling Corp (NYSE:PDS)

What is Precision Drilling Corp's stock symbol?

Precision Drilling Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "PDS."

How were Precision Drilling Corp's earnings last quarter?

Precision Drilling Corp (NYSE:PDS) announced its earnings results on Monday, April, 24th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.11) by $0.05. The firm had revenue of $346.80 million for the quarter, compared to analyst estimates of $345.06 million. Precision Drilling Corp had a negative net margin of 16.58% and a negative return on equity of 8.01%. The business's revenue was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.07) EPS. View Precision Drilling Corp's Earnings History.

Where is Precision Drilling Corp's stock going? Where will Precision Drilling Corp's stock price be in 2017?

14 analysts have issued 1-year price targets for Precision Drilling Corp's shares. Their predictions range from $6.00 to $10.00. On average, they anticipate Precision Drilling Corp's share price to reach $7.17 in the next twelve months. View Analyst Ratings for Precision Drilling Corp.

Who are some of Precision Drilling Corp's key competitors?

Who owns Precision Drilling Corp stock?

Precision Drilling Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Systematic Financial Management LP (5.25%), FMR LLC (4.64%), Mackenzie Financial Corp (3.02%), Vanguard Group Inc. (1.93%), TD Asset Management Inc. (1.88%) and Dalton Greiner Hartman Maher & Co. (1.81%). View Institutional Ownership Trends for Precision Drilling Corp.

Who sold Precision Drilling Corp stock? Who is selling Precision Drilling Corp stock?

Precision Drilling Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Point72 Asset Management L.P., Mackenzie Financial Corp, Morgan Stanley, Ameriprise Financial Inc., Precocity Capital LP, Canada Pension Plan Investment Board and Acadian Asset Management LLC. View Insider Buying and Selling for Precision Drilling Corp.

Who bought Precision Drilling Corp stock? Who is buying Precision Drilling Corp stock?

Precision Drilling Corp's stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Point72 Europe London LLP, Systematic Financial Management LP, Ferguson Wellman Capital Management Inc., TD Asset Management Inc., Highbridge Capital Management LLC, Renaissance Technologies LLC and Wellington Management Group LLP. View Insider Buying and Selling for Precision Drilling Corp.

How do I buy Precision Drilling Corp stock?

Shares of Precision Drilling Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Precision Drilling Corp stock cost?

One share of Precision Drilling Corp stock can currently be purchased for approximately $3.96.

Analyst Ratings

Consensus Ratings for Precision Drilling Corp (NYSE:PDS) (?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $7.17 (81.12% upside)

Analysts' Ratings History for Precision Drilling Corp (NYSE:PDS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/3/2017Jefferies Group LLCLower Price TargetBuy$6.50 -> $6.00HighView Rating Details
4/26/2017Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformMediumView Rating Details
4/26/2017Citigroup IncReiterated RatingOutperformMediumView Rating Details
4/25/2017Deutsche Bank AGBoost Price TargetBuy$8.00 -> $10.00MediumView Rating Details
2/22/2017ScotiabankUpgradeUnderperform -> Sector PerformN/AView Rating Details
2/3/2017JPMorgan Chase & Co.UpgradeNeutral -> OverweightN/AView Rating Details
1/6/2017Piper Jaffray CompaniesUpgradeNeutral -> Overweight$7.00N/AView Rating Details
1/4/2017Credit Suisse Group AGUpgradeUnderperform -> Neutral$4.25 -> $6.00N/AView Rating Details
12/7/2016Wolfe ResearchUpgradeMarket Perform -> OutperformN/AView Rating Details
11/29/2016Tudor PickeringUpgradeHold -> BuyN/AView Rating Details
11/3/2016TD SecuritiesReiterated RatingBuy$8.00N/AView Rating Details
10/24/2016Canaccord GenuityReiterated RatingHold$6.75 -> $7.25N/AView Rating Details
10/24/2016Royal Bank of CanadaReiterated RatingOutperform$8.00N/AView Rating Details
9/15/2016DA DavidsonInitiated CoverageBuyN/AView Rating Details
4/27/2016Cowen and CompanyBoost Price TargetOutperform$4.40 -> $5.00N/AView Rating Details
4/25/2016Morgan StanleyBoost Price TargetOverweight$6.00 -> $6.50N/AView Rating Details
4/15/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
2/14/2016Evercore ISIReiterated RatingBuy$7.00 -> $6.00N/AView Rating Details
2/14/2016BMO Capital MarketsReiterated RatingOutperform$5.00N/AView Rating Details
10/26/2015SimmonsDowngradeOverweight -> NeutralN/AView Rating Details
10/9/2015Howard WeilDowngradeSector PerformN/AView Rating Details
7/3/2015FirstEnergy CapitalReiterated RatingOutperform$10.50N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Precision Drilling Corp (NYSE:PDS)
Earnings by Quarter for Precision Drilling Corp (NYSE:PDS)
Earnings History by Quarter for Precision Drilling Corp (NYSE:PDS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/20173/31/2017($0.11)($0.06)$345.06 million$346.80 millionViewN/AView Earnings Details
2/9/2017Q416($0.12)($0.10)$196.97 million$284.00 millionViewListenView Earnings Details
7/21/2016Q216($0.24)($0.20)$172.98 million$164.00 millionViewN/AView Earnings Details
4/25/2016Q116($0.16)($0.07)$295.78 million$302.00 millionViewN/AView Earnings Details
2/11/2016Q415($0.14)($0.93)$332.10 million$345.00 millionViewN/AView Earnings Details
10/22/2015Q315($0.09)($0.06)$399.74 million$364.00 millionViewListenView Earnings Details
7/23/2015Q215($0.14)($0.10)$328.30 million$334.00 millionViewListenView Earnings Details
4/27/2015Q115$0.02$0.08$507.80 million$512.00 millionViewN/AView Earnings Details
2/12/2015Q414$0.24($0.39)$652.78 million$619.00 millionViewN/AView Earnings Details
10/27/2014Q314$0.17$0.16$590.58 million$584.60 millionViewListenView Earnings Details
7/24/2014Q214($0.01)($0.02)$428.61 million$475.00 millionViewN/AView Earnings Details
4/28/2014Q114$0.36$0.35$666.75 million$672.00 millionViewN/AView Earnings Details
2/19/2014Q413$0.30$0.24$558.75 billion$567.00 billionViewN/AView Earnings Details
10/24/2013Q313$0.17$0.10$508.26 million$488.45 millionViewN/AView Earnings Details
7/25/2013Q213($0.01)$0.05$361.67 million$379.00 millionViewN/AView Earnings Details
4/25/2013Q113$0.30$0.33$591.31 million$596.00 millionViewN/AView Earnings Details
2/14/2013Q412$0.07$0.26$488.75 million$534.00 millionViewN/AView Earnings Details
10/25/2012Q312$0.19$0.14$476.49 million$48.74 millionViewN/AView Earnings Details
7/25/2012$0.05$0.06ViewN/AView Earnings Details
4/26/2012$0.45$0.39ViewN/AView Earnings Details
2/9/2012$0.29$0.36ViewN/AView Earnings Details
10/21/2011$0.21$0.29ViewN/AView Earnings Details
7/22/2011$0.07$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Precision Drilling Corp (NYSE:PDS)
2017 EPS Consensus Estimate: ($0.48)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.18)($0.09)($0.13)
Q2 20174($0.25)($0.13)($0.17)
Q3 20173($0.17)($0.07)($0.11)
Q4 20173($0.12)($0.04)($0.07)
Q1 20181($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Precision Drilling Corp (NYSE:PDS)
Most Recent Dividend:11/18/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Precision Drilling Corp (NYSE:PDS)

Dividend History by Quarter for Precision Drilling Corp (NYSE:PDS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/23/2015quarterly$0.055.02%11/4/201511/6/201511/18/2015
7/24/2015quarterly$0.054.48%8/6/20158/10/20158/21/2015
4/27/2015$0.075/13/20155/15/20155/29/2015
2/13/2015quarterly$0.063.72%2/25/20152/27/20153/12/2015
10/28/2014quarterly$0.062.99%11/12/201411/14/201411/24/2014
7/25/2014quarterly$0.061.61%8/6/20148/8/20148/20/2014
4/29/2014quarterly$0.051.67%5/12/20145/14/20145/26/2014
2/13/2014$0.062/25/20142/27/20143/14/2014
2/13/2014quarterly$0.052.14%2/25/20142/27/20143/14/2014
10/24/2013quarterly$0.062.3%10/31/201311/4/201311/15/2013
4/26/2013quarterly$0.052.5%5/2/20135/6/20135/15/2013
2/14/2013quarterly$0.052.33%2/26/20132/28/20133/15/2013
12/12/2012special$0.0512/18/201212/20/201212/28/2012
12/10/2012quarterly$0.0512/20/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Precision Drilling Corp (NYSE:PDS)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Precision Drilling Corp (NYSE:PDS)
Latest Headlines for Precision Drilling Corp (NYSE:PDS)
Source:
DateHeadline
americanbankingnews.com logo$198.16 Million in Sales Expected for Precision Drilling Corp (PDS) This Quarter
www.americanbankingnews.com - May 21 at 12:02 PM
finance.yahoo.com logoETFs with exposure to Precision Drilling Corp. : May 19, 2017
finance.yahoo.com - May 19 at 7:44 PM
americanbankingnews.com logo Analysts Anticipate Precision Drilling Corp (PDS) Will Announce Earnings of -$0.16 Per Share
www.americanbankingnews.com - May 16 at 2:18 PM
finance.yahoo.com logoPrecision Drilling Announces 2017 Analyst and Investor Day Highlights and Activity Update
finance.yahoo.com - May 15 at 9:54 AM
finance.yahoo.com logoETFs with exposure to Precision Drilling Corp. : May 8, 2017
finance.yahoo.com - May 8 at 6:35 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) to Post Q2 2017 Earnings of ($0.13) Per Share, Cormark Forecasts
www.americanbankingnews.com - May 8 at 7:41 AM
americanbankingnews.com logoQ4 2017 EPS Estimates for Precision Drilling Corp Reduced by Analyst (PDS)
www.americanbankingnews.com - May 5 at 4:17 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 5 at 10:26 AM
americanbankingnews.com logoJefferies Group Analysts Decrease Earnings Estimates for Precision Drilling Corp (PDS)
www.americanbankingnews.com - May 4 at 7:06 PM
finance.yahoo.com logoPrecision Drilling Corporation Announces Webcast of Annual and Special Meeting of Shareholders - Yahoo Finance
finance.yahoo.com - May 4 at 8:08 AM
americanbankingnews.com logoJefferies Group LLC Reiterates "Buy" Rating for Precision Drilling Corp (PDS)
www.americanbankingnews.com - May 3 at 10:56 PM
finance.yahoo.com logoPrecision Drilling Corporation Announces Webcast of Annual and Special Meeting of Shareholders
finance.yahoo.com - May 3 at 7:53 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Getting Somewhat Positive Press Coverage, Study Finds
www.americanbankingnews.com - May 3 at 3:30 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Getting Somewhat Critical Media Coverage, Study Finds
www.americanbankingnews.com - April 30 at 9:42 AM
finance.yahoo.com logoETFs with exposure to Precision Drilling Corp. : April 28, 2017
finance.yahoo.com - April 28 at 8:14 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Unlikely to Impact Precision Drilling Corp (PDS) Share Price
www.americanbankingnews.com - April 27 at 11:28 PM
finance.yahoo.com logoPrecision Drilling Corp. :PDS-US: Earnings Analysis: Q1, 2017 By the Numbers : April 27, 2017
finance.yahoo.com - April 27 at 7:36 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Expected to Announce Quarterly Sales of $196.43 Million
www.americanbankingnews.com - April 27 at 10:44 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Precision Drilling Corp (PDS) Increased by Jefferies Group
www.americanbankingnews.com - April 27 at 8:17 AM
americanbankingnews.com logoFY2019 Earnings Forecast for Precision Drilling Corp (PDS) Issued By Jefferies Group
www.americanbankingnews.com - April 26 at 5:18 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Upgraded to Outperform by Citigroup Inc
www.americanbankingnews.com - April 26 at 9:09 AM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Expected to Post Earnings of -$0.18 Per Share
www.americanbankingnews.com - April 25 at 10:11 PM
americanbankingnews.com logoDeutsche Bank AG Reaffirms Buy Rating for Precision Drilling Corp (PDS)
www.americanbankingnews.com - April 25 at 10:06 PM
finance.yahoo.com logoPrecision Drilling Corporation Announces 2017 First Quarter Financial Results
finance.yahoo.com - April 25 at 6:20 PM
seekingalpha.com logoPrecision Drilling's (PDS) Kevin Neveu on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 25 at 5:55 AM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Receives News Impact Rating of 0.09
www.americanbankingnews.com - April 24 at 8:48 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Announces Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - April 24 at 4:06 PM
finance.yahoo.com logoCanada's Precision Drilling posts bigger loss as costs rise
finance.yahoo.com - April 24 at 3:08 PM
finance.yahoo.com logoCanada's Precision Drilling posts lower-than-expected revenue
finance.yahoo.com - April 24 at 3:08 PM
nasdaq.com logoIGE's Holdings Imply 19% Gain Potential
www.nasdaq.com - April 19 at 9:59 AM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Getting Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 18 at 9:17 PM
finance.yahoo.com logoPrecision Drilling Corp. – Value Analysis (NYSE:PDS) : April 17, 2017
finance.yahoo.com - April 17 at 6:19 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Earning Somewhat Critical Press Coverage, Report Shows
www.americanbankingnews.com - April 15 at 2:13 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Raised to Buy at Jefferies Group LLC
www.americanbankingnews.com - April 15 at 8:10 AM
americanbankingnews.com logoZacks Investment Research Downgrades Precision Drilling Corp (PDS) to Hold
www.americanbankingnews.com - April 14 at 7:38 AM
finance.yahoo.com logoPrecision Drilling Corp. breached its 50 day moving average in a Bearish Manner : PDS-US : April 13, 2017
finance.yahoo.com - April 13 at 9:48 AM
americanbankingnews.com logoPrecision Drilling Corp to Post Q1 2017 Earnings of ($0.11) Per Share, Jefferies Group Forecasts (PDS)
www.americanbankingnews.com - April 13 at 7:49 AM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 10 at 10:45 AM
finance.yahoo.com logoPrecision Drilling Corporation Analyst & Investor Day on Monday May 15, 2017
finance.yahoo.com - April 7 at 11:49 AM
finance.yahoo.com logoSeaDrill Stock Slumps to a Record Low, Bankruptcy Fears Rise
finance.yahoo.com - April 7 at 11:49 AM
finance.yahoo.com logoPrecision Drilling Corporation Announces Retirement of Board Chair and Appointment of Incoming Chair
finance.yahoo.com - April 7 at 11:49 AM
seekingalpha.com logoXtreme Drilling Corp.: A Low Risk/High Growth Play Into The Canadian Contract Drilling Industry
seekingalpha.com - March 31 at 7:16 PM
247wallst.com logo4 Top Land Drillers to Buy as Rig Count Continues to Soar
247wallst.com - March 29 at 9:09 AM
americanbankingnews.com logoPrecision Drilling Corp's (PDS) "Hold" Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - March 28 at 10:20 AM
americanbankingnews.com logoJefferies Group LLC Reiterates "Hold" Rating for Precision Drilling Corp (PDS)
www.americanbankingnews.com - March 22 at 1:43 PM
finance.yahoo.com logoPRECISION DRILLING CORP Financials
finance.yahoo.com - March 16 at 7:55 PM
finance.yahoo.com logoOil Field Services vs. Drillers: Comparative Analysis
finance.yahoo.com - March 16 at 7:55 PM
finance.yahoo.com logoSeaDrill to Receive $170M from Rig Contract Settlement
finance.yahoo.com - March 14 at 6:38 PM
americanbankingnews.com logoPrecision Drilling Corp (PDS) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 14 at 9:58 AM
marketwatch.com logoPrecision Drilling Corporation Announces Filing of Annual Disclosure Documents
www.marketwatch.com - March 10 at 9:05 AM

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Precision Drilling Corp (PDS) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff