Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services and products. 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 drilling, directional drilling, and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture, sale, and repair of drilling equipment. As of December 31, 2018, this segment operated 236 land drilling rigs, including 117 in Canada; 102 in the United States; 5 in Kuwait; 5 in Mexico; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment provides well completion, workover, abandonment, and re-entry preparation services, as well as snubbing units for pressure control services and equipment rentals to oil and natural gas exploration and production companies. It provides service rigs for well completion, workover, abandonment, and re-entry preparation services; snubbing units for pressure control services; camp and catering services; and wastewater treatment units. This segment also engages in the rental of oilfield surface equipment. This segment operated 198 well completion and workover service rigs, and 12 snubbing units in Canada and the United States; approximately 1,700 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 43 drilling camps and 4 base camps in Canada; and 10 large-flow wastewater treatment units, 22 pump houses, and 8 potable water production units in Canada. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
Phone403-716-4500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.19 billion
Profitability
Miscellaneous
Employees4,851
Next Earnings Date4/25/2019 (Confirmed)
OptionableOptionable
Precision Drilling (NYSE:PDS) Frequently Asked Questions
What is Precision Drilling's stock symbol?
Precision Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "PDS."
How were Precision Drilling's earnings last quarter?
Precision Drilling Corp (NYSE:PDS) posted its quarterly earnings data on Thursday, October, 25th. The oil and gas company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.02. The oil and gas company had revenue of $292.65 million for the quarter, compared to analyst estimates of $306.54 million. Precision Drilling had a negative return on equity of 5.55% and a negative net margin of 18.87%. View Precision Drilling's Earnings History.
When is Precision Drilling's next earnings date?
What price target have analysts set for PDS?
13 Wall Street analysts have issued twelve-month price objectives for Precision Drilling's stock. Their predictions range from $2.60 to $6.00. On average, they expect Precision Drilling's share price to reach $3.9625 in the next twelve months. This suggests a possible upside of 47.9% from the stock's current price. View Analyst Price Targets for Precision Drilling.
What is the consensus analysts' recommendation for Precision Drilling?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 sell rating, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Precision Drilling.
Has Precision Drilling been receiving favorable news coverage?
News headlines about PDS stock have been trending somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Precision Drilling earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days.
Who are some of Precision Drilling's key competitors?
Some companies that are related to Precision Drilling include Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco (ESV), Diamond Offshore Drilling (DO), Rowan Companies (RDC), Nabors Industries (NBR), Baytex Energy (BTE), Pacific Drilling (PACD), Noble (NE), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Petroteq Energy (PQEFF).
What other stocks do shareholders of Precision Drilling own?
Who are Precision Drilling's key executives?
Precision Drilling's management team includes the folowing people:
- Mr. Kevin A. Neveu B.Sc., B.Sc, P.Eng, Pres, CEO & Director (Age 58)
- Mr. Carey Thomas Ford, Sr. VP & CFO
- Mr. Shuja Goraya, Chief Technology Officer
- Ms. Veronica H. Foley, Sr. VP, Gen. Counsel & Corp. Sec.
- Mr. Gene C. Stahl, Pres of Drilling Operations (Age 45)
Who are Precision Drilling's major shareholders?
Precision Drilling's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wilsey Asset Management Inc. (0.20%), Foundation Resource Management Inc. (0.18%), Virtu Financial LLC (0.02%) and Creative Planning (0.01%).
Which institutional investors are selling Precision Drilling stock?
PDS stock was sold by a variety of institutional investors in the last quarter, including Wilsey Asset Management Inc..
Which institutional investors are buying Precision Drilling stock?
PDS stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Creative Planning and Foundation Resource Management Inc..
How do I buy shares of Precision Drilling?
Shares of PDS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Precision Drilling's stock price today?
One share of PDS stock can currently be purchased for approximately $2.68.
How big of a company is Precision Drilling?
Precision Drilling has a market capitalization of $787.33 million and generates $1.19 billion in revenue each year. The oil and gas company earns $-227,030,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis. Precision Drilling employs 4,851 workers across the globe.
What is Precision Drilling's official website?
How can I contact Precision Drilling?
Precision Drilling's mailing address is 525 - 8 Avenue S.W. Suite 800, Calgary A0, T2P 1G1. The oil and gas company can be reached via phone at 403-716-4500 or via email at [email protected]
MarketBeat Community Rating for Precision Drilling (NYSE PDS)
MarketBeat's community ratings are surveys of what our community members think about Precision Drilling and other stocks. Vote "Outperform" if you believe PDS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDS will underperform the S&P 500 over the long term. You may vote once every thirty days.
