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

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$2.67 -0.12 (-4.30 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$2.79
Today's Range$2.62 - $2.74
52-Week Range$2.26 - $4.14
Volume1.93 million shs
Average Volume1.96 million shs
Market Capitalization$843.15 million
P/E Ratio-9.54
Dividend YieldN/A
Beta1.88
Precision Drilling Corporation 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 and refurbishment of drilling and service rig equipment. As of December 31, 2016, this segment operated 255 land drilling rigs, including 135 in Canada; 103 in the United States; 5 in Mexico; 4 in Saudi Arabia; 5 in Kuwait; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment offers completion and workover services, and ancillary services to oil and natural gas exploration and production companies. It provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; snubbing units for pressure control services; camp and catering services; and water system services. This segment also engages in the rental of oilfield surface equipment, and wellsite accommodations. This segment operated 196 well completion and workover service rigs, and 11 snubbing units in Canada and the United States; approximately 2,200 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, 24 pump houses, and 8 potable water production units in Canada. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:PDS
Previous Symbol
CUSIPN/A
Phone403-716-4500

Debt

Debt-to-Equity Ratio0.98
Current Ratio1.79
Quick Ratio1.65

Price-To-Earnings

Trailing P/E Ratio-9.54
Forward P/E Ratio-10.68
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.04 billion
Price / Sales0.75
Cash Flow$0.6593 per share
Price / Cash4.05
Book Value$4.76 per share
Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)($0.28)
Net Income$-101,850,000.00
Net Margins-9.92%
Return on Equity-6.23%
Return on Assets-2.88%

Miscellaneous

Employees4,851
Outstanding Shares293,780,000
Market Cap$843.15 million
OptionableN/A

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) announced its quarterly earnings results on Thursday, July, 26th. The oil and gas company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.01. The oil and gas company had revenue of $330.70 million for the quarter, compared to analysts' expectations of $320.66 million. Precision Drilling had a negative return on equity of 6.23% and a negative net margin of 9.92%. The firm's revenue for the quarter was up 20.0% on a year-over-year basis. During the same period last year, the company posted ($0.12) earnings per share. View Precision Drilling's Earnings History.

When is Precision Drilling's next earnings date?

Precision Drilling is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Precision Drilling.

What price target have analysts set for PDS?

7 brokers have issued 1 year price targets for Precision Drilling's shares. Their predictions range from $3.90 to $6.00. On average, they expect Precision Drilling's stock price to reach $4.7875 in the next year. This suggests a possible upside of 79.3% from the stock's current price. View Analyst Price Targets for Precision Drilling.

What is the consensus analysts' recommendation for Precision Drilling?

7 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Precision Drilling.

Who are some of Precision Drilling's key competitors?

Who are Precision Drilling's key executives?

Precision Drilling's management team includes the folowing people:
  • Mr. Kevin A. Neveu B.Sc, P.Eng, Pres, CEO & Director (Age 57)
  • Mr. Carey Thomas Ford, Sr. VP & CFO
  • Mr. Douglas B. Evasiuk, Sr. VP of Sales & Marketing - North America
  • Mr. Grant Hunter, Sr. VP of US Operations
  • Mr. Gene C. Stahl, Pres of Drilling Operations (Age 44)

Who are Precision Drilling's major shareholders?

Precision Drilling's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.19%) and Wilsey Asset Management Inc. (0.22%).

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 Bank of Montreal Can.

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 $2.67.

How big of a company is Precision Drilling?

Precision Drilling has a market capitalization of $843.15 million and generates $1.04 billion in revenue each year. The oil and gas company earns $-101,850,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis. Precision Drilling employs 4,851 workers across the globe.

What is Precision Drilling's official website?

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

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  466 (Vote Outperform)
Underperform Votes:  413 (Vote Underperform)
Total Votes:  879
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.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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