Precision Drilling Corp. Company Profile (NYSE:PDS)

About Precision Drilling Corp.

Precision Drilling Corp. logoPrecision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. It operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment includes Drilling rig operations in Canada, the United States and international, and Directional drilling operations in Canada and the United States. The Completion and Production Services segment includes service rigs and equipment rentals in Canada and the United States, and snubbing and coil tubing, camps and catering, and water systems in Canada. The Company's operations in its segments are supported by business support systems, which include sales and marketing; procurement and distribution; manufacturing; equipment maintenance and certification, and engineering.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PDS
  • CUSIP:
Key Metrics:
  • Previous Close: $3.82
  • 50 Day Moving Average: $4.22
  • 200 Day Moving Average: $4.56
  • 52-Week Range: $2.43 - $6.08
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -6.78
  • P/E Growth: 0.38
  • Market Cap: $1.09B
  • Outstanding Shares: 293,236,000
  • Beta: 2.39
Profitability:
  • Net Margins: -37.17%
  • Return on Equity: -5.54%
  • Return on Assets: -2.47%
Debt:
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 4.01%
  • Quick Ratio: 3.87%
Additional Links:
Companies Related to Precision Drilling Corp.:

Analyst Ratings

Consensus Ratings for Precision Drilling Corp. (NYSE:PDS) (?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $5.48 (47.01% upside)

Analysts' Ratings History for Precision Drilling Corp. (NYSE:PDS)
Show:
DateFirmActionRatingPrice TargetDetails
9/15/2016DA DavidsonInitiated CoverageBuyView Rating Details
9/6/2016Jefferies GroupUpgradeUnderperform -> Hold$4.00 -> $4.50View Rating Details
7/26/2016TD SecuritiesReiterated RatingBuy$9.50 -> $8.50View Rating Details
7/24/2016Deutsche Bank AGSet Price TargetHold$5.00View Rating Details
7/19/2016ScotiabankReiterated RatingUnderperform$3.50 -> $6.00View Rating Details
6/1/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$3.00View Rating Details
5/31/2016Raymond James Financial Inc.UpgradeUnderperform -> Market PerformView Rating Details
4/27/2016Cowen and CompanyBoost Price TargetOutperform$4.40 -> $5.00View Rating Details
4/26/2016Royal Bank Of CanadaReiterated RatingOutperform$6.50View Rating Details
4/25/2016Morgan StanleyBoost Price TargetOverweight$6.00 -> $6.50View Rating Details
4/15/2016Clarkson CapitalReiterated RatingBuyView Rating Details
3/23/2016Canaccord GenuityReiterated RatingHold$4.25 -> $6.50View Rating Details
2/14/2016Evercore ISIReiterated RatingBuy$7.00 -> $6.00View Rating Details
2/14/2016BMO Capital MarketsReiterated RatingOutperform$5.00View Rating Details
10/26/2015SimmonsDowngradeOverweight -> NeutralView Rating Details
10/9/2015Howard WeilDowngradeSector PerformView Rating Details
7/3/2015FirstEnergy CapitalReiterated RatingOutperform$10.50View Rating Details
5/29/2015JPMorgan Chase & Co.Initiated CoverageNeutral$9.00View Rating Details
5/3/2015AltaCorp CapitalReiterated RatingOutperform$9.00 -> $10.50View Rating Details
(Data available from 9/24/2014 forward)

Earnings

Earnings History for Precision Drilling Corp. (NYSE:PDS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)
Current Year EPS Consensus Estimate: $-0.55 EPS
Next Year EPS Consensus Estimate: $-0.55 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166($0.16)($0.07)($0.11)
Q2 20164($0.23)($0.14)($0.19)
Q3 20165($0.20)($0.09)($0.15)
Q4 20165($0.19)($0.07)($0.14)
Q1 20173($0.18)($0.11)($0.16)
Q2 20173($0.25)($0.14)($0.20)
Q3 20173($0.17)($0.08)($0.14)
Q4 20173($0.15)($0.06)($0.11)
Q1 20181($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Precision Drilling Corp. (NYSE:PDS)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:63.20% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

Dividend History 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

Latest Headlines for Precision Drilling Corp. (NYSE:PDS)
DateHeadline
News IconNotable Technical Move: Does Precision Drilling Corp (USA) Have Any Gas After Forming This Bearish Head ... - Chester News (NYSE:PDS)
www.chesterindependent.com - September 24 at 11:07 AM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : September 23, 2016 (NYSE:PDS)
www.capitalcube.com - September 23 at 11:29 AM
News IconMomentum Stock in Focus: Precision Drilling Corporation (NYSE:PDS), Merrimack Pharmaceuticals, Inc. (NASDAQ ... - Newburgh Press (NYSE:PDS)
newburghpress.com - September 20 at 11:57 AM
News IconPrecision Drilling Corporation (NYSE:PDS) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:PDS)
voiceregistrar.com - September 17 at 6:15 PM
News IconPrecision Drilling Corp. (NYSE: PDS) Stock Coverage Initiated at DA Davidson - The Ledger Gazette (NYSE:PDS)
ledgergazette.com - September 16 at 10:14 AM
marketrealist.com logoWhat Baker Hughes’s Implied Volatility Implies (NYSE:PDS)
marketrealist.com - September 15 at 10:14 AM
News IconShares Going Lower in Trade: Precision Drilling Corporation (NYSE:PDS) - Post News (NYSE:PDS)
www.kentuckypostnews.com - September 14 at 6:52 PM
News IconAnalysts Place Precision Drilling Corporation (NYSE:PDS) Under the Lens of the Microscope - Post News (NYSE:PDS)
www.kentuckypostnews.com - September 14 at 6:52 PM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : September 12, 2016 (NYSE:PDS)
www.capitalcube.com - September 12 at 6:25 PM
News IconStocks Tumbling on Lethargic Results: Exxon Mobil Corporation (NYSE:XOM), Precision Drilling Corporation (NYSE ... - Street Wise Report (press release) (blog) (NYSE:PDS)
streetwisereport.com - September 12 at 11:20 AM
News IconEarnings According to Analysts for Precision Drilling Corporation (NYSE:PDS)? - Frisco Fastball (NYSE:PDS)
friscofastball.com - September 10 at 10:55 AM
News IconRating Updates and Analysis: Precision Drilling Corp (USA) (NYSE:PDS) - Post Registrar (NYSE:PDS)
postregistrar.com - September 7 at 10:15 AM
finance.yahoo.com logoPrecision Drilling upgraded by Jefferies (NYSE:PDS)
finance.yahoo.com - September 6 at 6:51 PM
finance.yahoo.com logoPrecision Drilling Upgraded At Jefferies Citing Dwindling Downside Risk (NYSE:PDS)
finance.yahoo.com - September 6 at 6:51 PM
marketrealist.com logoWhat’s the Correlation between FTI’s Stock Price and Crude Oil? (NYSE:PDS)
marketrealist.com - September 3 at 10:58 AM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : September 2, 2016 (NYSE:PDS)
www.capitalcube.com - September 2 at 11:35 AM
News IconAnalyst's Report Recap: Precision Drilling Corp (USA) (NYSE:PDS) - Post Registrar (NYSE:PDS)
postregistrar.com - August 29 at 11:17 AM
marketrealist.com logoInside Patterson-UTI Energy’s Outlook for Fiscal 3Q16 (NYSE:PDS)
marketrealist.com - August 22 at 6:42 PM
News IconPrecision Drilling Corporation (PDS) touched its 52-Week High on ... - Newburg Press (NYSE:PDS)
newburghpress.com - August 18 at 9:49 AM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : August 16, 2016 (NYSE:PDS)
www.capitalcube.com - August 18 at 9:49 AM
streetupdates.com logoAnalyst's Overview of Two Stocks: BHP Billiton Limited (NYSE:BHP) , Precision Drilling Corporation (NYSE:PDS) - Street Updates (NYSE:PDS)
www.streetupdates.com - August 9 at 7:01 PM
marketrealist.com logoInside Core Laboratories’ Management Projections for 3Q16 (NYSE:PDS)
marketrealist.com - August 9 at 7:01 PM
streetupdates.com logoAnalysts Trends to Watch: Precision Drilling Corporation (NYSE:PDS) , Huntsman Corporation (NYSE:HUN) - Street Updates (NYSE:PDS)
www.streetupdates.com - August 4 at 7:14 PM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : August 4, 2016 (NYSE:PDS)
www.capitalcube.com - August 4 at 7:14 PM
marketrealist.com logoWall Street’s Forecasts for Nabors Industries after 2Q16 (NYSE:PDS)
marketrealist.com - August 3 at 7:08 PM
marketrealist.com logoWall Street’s Forecasts for Baker Hughes after 2Q16 Earnings (NYSE:PDS)
marketrealist.com - July 29 at 9:48 AM
finance.yahoo.com logoPrecision Drilling Corporation Announces Filing of a Preliminary Short Form Shelf Prospectus (NYSE:PDS)
finance.yahoo.com - July 28 at 6:55 PM
capitalcube.com logoPrecision Drilling Corp. :PDS-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NYSE:PDS)
www.capitalcube.com - July 26 at 10:02 AM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : July 25, 2016 (NYSE:PDS)
www.capitalcube.com - July 25 at 1:39 PM
News IconCanadian Energy Earnings Hint At Brighter Oil Outlook (NYSE:PDS)
www.oilandgasinvestor.com - July 25 at 11:10 AM
News IconNotable Earnings to Watch: United Technologies Corporation (NYSE:UTX), Precision Drilling Corporation (NYSE:PDS ... - Engelwood Daily (NYSE:PDS)
www.engelwooddaily.com - July 23 at 10:41 AM
News IconMore pain in second quarter for Alberta's oilpatch, but signs of rebound (NYSE:PDS)
poderygloria.net - July 22 at 6:38 PM
News IconPrecision Drilling Corporation (NYSE:PDS): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:PDS)
www.engelwooddaily.com - July 22 at 9:43 AM
fiscalstandard.com logoPrecision Drilling Corporation (NYSE:PDS) Current Analyst Ratings - Fiscal Standard (NYSE:PDS)
www.fiscalstandard.com - July 22 at 9:43 AM
seekingalpha.com logoPrecision Drilling Corp. (PDS) CEO Kevin Neveu on Q2 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:PDS)
seekingalpha.com - July 22 at 9:43 AM
bloomberg.com logoPrecision Drilling Eyes Kuwait Growth Once Oil Prices Recover (NYSE:PDS)
www.bloomberg.com - July 21 at 6:28 PM
nasdaq.com logoPrecision Drilling Posts Wider-than-expected Q2 Loss, Revenues Miss (NYSE:PDS)
www.nasdaq.com - July 21 at 9:38 AM
marketwatch.com logoPrecision Drilling Corporation Announces 2016 Second Quarter Financial Results (NYSE:PDS)
www.marketwatch.com - July 21 at 9:38 AM
finance.yahoo.com logoCanada's Precision Drilling posts bigger loss due to weak activity (NYSE:PDS)
finance.yahoo.com - July 21 at 6:26 AM
finance.yahoo.com logo6:13 am Precision Drilling beats by CAD0.04, misses on revs (NYSE:PDS)
finance.yahoo.com - July 21 at 6:13 AM
sg.finance.yahoo.com logoPrecision Drilling reports 2Q loss (NYSE:PDS)
sg.finance.yahoo.com - July 21 at 6:11 AM
marketrealist.com logoWall Street’s Forecasts for NBR before Its 2Q16 Earnings (NYSE:PDS)
marketrealist.com - July 20 at 9:38 AM
capitalcube.com logoPrecision Drilling Corp. breached its 50 day moving average in a Bearish Manner : PDS-US : July 20, 2016 (NYSE:PDS)
www.capitalcube.com - July 20 at 8:19 AM
News IconEquity Roundup: Stock Performance Focus on Precision Drilling Corporation (NYSE:PDS) - Press Telegraph (NYSE:PDS)
presstelegraph.com - July 19 at 6:52 PM
News IconPrecision Drilling Corporation (NYSE:PDS) Sellers Covered 3.02% of Their Shorts - Press Telegraph (NYSE:PDS)
presstelegraph.com - July 18 at 6:53 PM
tradecalls.org logoShares of Precision Drilling Corporation (PDS) Drops by -2.95% - Trade Calls (NYSE:PDS)
www.tradecalls.org - July 18 at 6:53 PM
marketrealist.com logoHas PTEN’s Correlation with Crude Oil Decreased since 1Q16? (NYSE:PDS)
marketrealist.com - July 18 at 11:05 AM
News IconPrecision Drilling Corporation (NYSE:PDS) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:PDS)
www.engelwooddaily.com - July 15 at 11:51 AM
marketrealist.com logoHas WFT’s Correlation with Crude Oil Fallen since 1Q16? (NYSE:PDS)
marketrealist.com - July 13 at 11:07 AM
News IconAnalyst Opinion of: Precision Drilling Corporation (NYSE:PDS) - News Oracle (NYSE:PDS)
www.newsoracle.com - July 13 at 9:42 AM

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Precision Drilling Corp. (NYSE:PDS) Chart for Saturday, September, 24, 2016


Last Updated on 9/24/2016 by MarketBeat.com Staff