NYSE:PDS - Precision Drilling Stock Price, Forecast & News

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

Precision Drilling Corp (NYSE:PDS) posted its quarterly earnings results on Thursday, October, 24th. The oil and gas company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.03. The oil and gas company had revenue of $284.47 million for the quarter, compared to analysts' expectations of $288.55 million. Precision Drilling had a negative return on equity of 0.99% and a negative net margin of 11.99%. The firm's revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.10) EPS. View Precision Drilling's Earnings History.

Precision Drilling is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Precision Drilling.

13 brokerages have issued 12-month price objectives for Precision Drilling's stock. Their forecasts range from $1.30 to $3.00. On average, they anticipate Precision Drilling's stock price to reach $2.07 in the next year. This suggests a possible upside of 65.3% from the stock's current price. View Analyst Price Targets for Precision Drilling.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Precision Drilling.

News articles about PDS stock have been trending extremely negative on Sunday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Precision Drilling earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Precision Drilling.

Some companies that are related to Precision Drilling include Nabors Industries (NBR), Diamond Offshore Drilling (DO), Seadrill (SDRL), Baytex Energy (BTE), Oasis Midstream Partners (OMP), PARKER DRILLING/SH PAR $ (PKD), Noble (NE), Pacific Drilling (PACD), Independence Contract Drilling (ICD), Petroteq Energy (PQEFF), Western Energy Services (WEEEF), Pioneer Energy Services (PES), Seadrill Partners (SDLP), Pacific Drilling (PACDQ) and Sauer Energy (SENY).

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), Approach Resources (AREX), Chipotle Mexican Grill (CMG), American Airlines Group (AAL), Hudson Technologies (HDSN), Apache (APA), Primo Water (PRMW) and UMB Financial (UMBF).

Precision Drilling's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.31%) and Foundation Resource Management Inc. (0.18%).

PDS stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc..

PDS stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC.

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, Robinhood, Fidelity and Charles Schwab.

One share of PDS stock can currently be purchased for approximately $1.25.

Precision Drilling has a market capitalization of $346.63 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 5,471 workers across the globe.View Additional Information About Precision Drilling.

The official website for Precision Drilling is http://www.precisiondrilling.com/.

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]