NYSE:PDS Precision Drilling - PDS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Precision Drilling Co. Please log in to your account or sign up in order to add this asset to your watchlist. $78.29 -1.38 (-1.73%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$76.08▼$80.0750-Day Range$70.32▼$85.5052-Week Range$43.15▼$87.36Volume62,907 shsAverage Volume59,110 shsMarket Capitalization$1.06 billionP/E RatioN/ADividend YieldN/APrice Target$130.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Precision Drilling MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside66.0% Upside$130.00 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.79Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.72) to $12.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsOils/Energy Sector187th out of 247 stocksDrilling Oil & Gas Wells Industry6th out of 10 stocks 3.5 Analyst's Opinion Consensus RatingPrecision Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $130.00, Precision Drilling has a forecasted upside of 66.0% from its current price of $78.29.Amount of Analyst CoveragePrecision Drilling has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.85% of the float of Precision Drilling has been sold short.Short Interest Ratio / Days to CoverPrecision Drilling has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Precision Drilling has recently increased by 5.08%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPrecision Drilling does not currently pay a dividend.Dividend GrowthPrecision Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PDS. Previous Next 3.2 News and Social Media Coverage News SentimentPrecision Drilling has a news sentiment score of 0.79. 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 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Precision Drilling this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for PDS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows8 people have added Precision Drilling to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Precision Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.95% of the stock of Precision Drilling is held by insiders.Percentage Held by Institutions45.22% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Precision Drilling are expected to grow in the coming year, from ($0.72) to $12.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Precision Drilling is -19.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Precision Drilling is -19.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPrecision Drilling has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Precision Drilling (NYSE:PDS) StockPrecision 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 in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.Read More Receive PDS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address PDS Stock News HeadlinesJanuary 29, 2023 | americanbankingnews.comPrecision Drilling (NYSE:PDS) Stock Price Passes Above 200-Day Moving Average of $68.65January 13, 2023 | finance.yahoo.com3 Oil and Gas Stocks with Huge Prospects in 2023February 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 9, 2023 | finance.yahoo.comPrecision Drilling Corporation 2022 Fourth Quarter and Year-End Results Conference Call and WebcastJanuary 5, 2023 | theglobeandmail.comPrecision Drilling tops its debt reduction goal for 2022January 5, 2023 | seekingalpha.comPrecision Drilling says poised to exceed debt reduction targetsDecember 14, 2022 | msn.com3 Good Buying Opportunities in the Oil & Gas Drilling IndustryNovember 25, 2022 | finance.yahoo.comShould You Buy Precision Drilling (PDS) After Golden Cross?February 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 22, 2022 | finance.yahoo.comHow Precision Drilling (PDS) Stock Stands Out in a Strong IndustryNovember 21, 2022 | finance.yahoo.comDespite Fast-paced Momentum, Precision Drilling (PDS) Is Still a Bargain StockNovember 21, 2022 | finance.yahoo.comCan Precision Drilling (PDS) Climb 44% to Reach the Level Wall Street Analysts Expect?October 27, 2022 | msn.comRecap: Precision Drilling Q3 EarningsOctober 22, 2022 | seekingalpha.comPDS Precision Drilling CorporationOctober 20, 2022 | finance.yahoo.comPrecision Drilling (PDS) Reports Next Week: Wall Street Expects Earnings GrowthOctober 19, 2022 | seekingalpha.comPrecision Drilling rises after racking up four Kuwait contract awardsOctober 19, 2022 | finance.yahoo.comPrecision Drilling Corporation Announces Four Kuwait Contract AwardsOctober 4, 2022 | finance.yahoo.comPrecision Drilling Corporation Announces Addition of New DirectorAugust 25, 2022 | finance.yahoo.comIs Nabors Industries (NBR) Stock Undervalued Right Now?August 17, 2022 | finance.yahoo.comWall Street Analysts Think Precision Drilling (PDS) Could Surge 61%: Read This Before Placing a BetAugust 9, 2022 | finance.yahoo.comIs Nabors Industries (NBR) a Great Value Stock Right Now?July 27, 2022 | finance.yahoo.com10 Important Energy Stocks Making Moves After EarningsJuly 27, 2022 | markets.businessinsider.comPrecision Drilling Posts Narrower-than-expected Q2 Loss On Higher RevenuesJuly 18, 2022 | seekingalpha.comPrecision Drilling to buy High Arctic's well servicing, rentals units in $38M dealJuly 17, 2022 | finance.yahoo.comInvesting in Precision Drilling (TSE:PD) a year ago would have delivered you a 57% gainJuly 8, 2022 | finance.yahoo.comPrecision Drilling Announces Release of Annual Corporate Responsibility ReportJune 19, 2022 | finance.yahoo.comAre Oilfield Service Companies A Buy?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PDS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address PDS Company Calendar Last Earnings10/20/2021Today2/01/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Drilling oil & gas wells Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:PDS CUSIPN/A CIK1013605 Webwww.precisiondrilling.com Phone(403) 716-4500Fax403-264-0251Employees3,350Year Founded1951Price Target and Rating Average Stock Price Forecast$130.00 High Stock Price Forecast$165.00 Low Stock Price Forecast$80.00 Forecasted Upside/Downside+66.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($4.06) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-141,540,000.00 Net Margins-4.75% Pretax Margin-3.87% Return on Equity-5.50% Return on Assets-2.42% Debt Debt-to-Equity Ratio1.01 Current Ratio1.45 Quick Ratio1.36 Sales & Book Value Annual Sales$787.34 million Price / Sales1.35 Cash Flow$6.19 per share Price / Cash Flow12.64 Book Value$73.50 per share Price / Book1.07Miscellaneous Outstanding Shares13,560,000Free Float13,430,000Market Cap$1.06 billion OptionableOptionable Beta2.44 Social Links Key ExecutivesMr. Kevin A. Neveu B.Sc (Age 62)B.Sc., P.Eng, Pres, CEO & Director Comp: $1.14MMr. Carey Thomas Ford C.F.A.Sr. VP & CFOMr. Darren J. RuhrChief Admin. OfficerMs. Veronica H. FoleyChief Legal and Compliance OfficerMr. Gene C. Stahl (Age 49)Chief Marketing Officer Comp: $571.7kMr. John Blair Goertzen (Age 64)Exec. Vice-Pres and Chief Operating Officer Mr. Shuja U. GorayaChief Technology OfficerDustin HoningMang. of Investor Relations & Corp. Devel.Mr. Roland H. MarksSr. VP of International Drilling OperationsMr. Grant HunterSr. VP of North American Drilling OperationMore ExecutivesKey CompetitorsBorr DrillingNYSE:BORRNabors IndustriesNYSE:NBRHighPeak EnergyNASDAQ:HPKPatterson-UTI EnergyNASDAQ:PTENCore LaboratoriesNYSE:CLBView All CompetitorsInsiders & InstitutionsGreatmark Investment Partners Inc.Sold 610 shares on 1/30/2023Ownership: 0.279%Versor Investments LPSold 9,500 shares on 1/30/2023Ownership: 0.052%National Bank of Canada FIBought 537,831 shares on 1/24/2023Ownership: 4.035%Encompass Capital Advisors LLCBought 1,680 shares on 11/15/2022Ownership: 4.465%BlackRock Inc.Bought 4,725 shares on 11/15/2022Ownership: 0.080%View All Institutional Transactions PDS Stock - Frequently Asked Questions Should I buy or sell Precision Drilling stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDS shares. View PDS analyst ratings or view top-rated stocks. What is Precision Drilling's stock price forecast for 2023? 4 brokerages have issued 1-year price targets for Precision Drilling's stock. Their PDS share price forecasts range from $80.00 to $165.00. On average, they expect the company's share price to reach $130.00 in the next year. This suggests a possible upside of 66.0% from the stock's current price. View analysts price targets for PDS or view top-rated stocks among Wall Street analysts. How have PDS shares performed in 2023? Precision Drilling's stock was trading at $76.70 on January 1st, 2023. Since then, PDS shares have increased by 2.1% and is now trading at $78.29. View the best growth stocks for 2023 here. When is Precision Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023. View our PDS earnings forecast. How can I listen to Precision Drilling's earnings call? Precision Drilling will be holding an earnings conference call on Thursday, February 9th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Precision Drilling's earnings last quarter? Precision Drilling Co. (NYSE:PDS) announced its quarterly earnings results on Wednesday, October, 20th. The oil and gas company reported ($2.88) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.32) by $1.56. The oil and gas company earned $253.80 million during the quarter, compared to the consensus estimate of $277.66 million. Precision Drilling had a negative trailing twelve-month return on equity of 5.50% and a negative net margin of 4.75%. The business's revenue for the quarter was up 54.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($1.60) earnings per share. When did Precision Drilling's stock split? Precision Drilling shares reverse split before market open on 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 closing bell 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. What is Kevin A. Neveu's approval rating as Precision Drilling's CEO? 65 employees have rated Precision Drilling Chief Executive Officer Kevin A. Neveu on Glassdoor.com. Kevin A. Neveu has an approval rating of 52% among the company's employees. This puts Kevin A. Neveu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Precision Drilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Precision Drilling investors own include Precision Drilling (PD), Reata Pharmaceuticals (RETA), Endologix (ELGX), Chipotle Mexican Grill (CMG), Approach Resources (AREX), American Airlines Group (AAL), Primo Water (PRMW), Hudson Technologies (HDSN) and UMB Financial (UMBF). What is Precision Drilling's stock symbol? Precision Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "PDS." Who are Precision Drilling's major shareholders? Precision Drilling's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include National Bank of Canada FI (4.04%), Bank of Montreal Can (2.56%), Greatmark Investment Partners Inc. (0.28%), Versor Investments LP (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Concourse Financial Group Securities Inc. (0.00%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Precision Drilling's stock price today? One share of PDS stock can currently be purchased for approximately $78.29. How much money does Precision Drilling make? Precision Drilling (NYSE:PDS) has a market capitalization of $1.06 billion and generates $787.34 million in revenue each year. The oil and gas company earns $-141,540,000.00 in net income (profit) each year or ($4.06) on an earnings per share basis. How many employees does Precision Drilling have? The company employs 3,350 workers across the globe. Does Precision Drilling have any subsidiaries? The following companies are subsidiares of Precision Drilling: Grey Wolf Drilling (Barbados) Ltd., Grey Wolf Drilling Limited, Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, Precision Drilling (US) Corporation, Precision Drilling Canada Limited Partnership, Precision Drilling Company LP, Precision Drilling Holdings Company, and Precision Limited Partnership.Read More How can I contact Precision Drilling? Precision Drilling's mailing address is 525 - 8 Avenue S.W. Suite 800, Calgary A0, T2P 1G1. The official website for the company is www.precisiondrilling.com. The oil and gas company can be reached via phone at (403) 716-4500, via email at investorrelations@precisiondrilling.com, or via fax at 403-264-0251. This page (NYSE:PDS) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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