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NYSE:PDS

Precision Drilling (PDS) Stock Price, News & Analysis

$73.07
+0.83 (+1.15%)
(As of 07/26/2024 ET)
Today's Range
$71.50
$73.48
50-Day Range
$65.54
$76.56
52-Week Range
$49.67
$78.13
Volume
43,056 shs
Average Volume
70,215 shs
Market Capitalization
$1.04 billion
P/E Ratio
6.42
Dividend Yield
N/A
Price Target
$46.80

Precision Drilling MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.0% Downside
$46.80 Price Target
Short Interest
Healthy
3.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.25mentions of Precision Drilling in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.99%
From $6.03 to $6.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.87 out of 5 stars

Oils/Energy Sector

194th out of 248 stocks

Drilling Oil & Gas Wells Industry

9th out of 13 stocks

PDS stock logo

About Precision Drilling Stock (NYSE:PDS)

Precision 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 through Contract Drilling Services and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the geothermal, oil and natural gas industry. This segment offers services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and repair of drilling and service rig equipment. In addition, it operates land drilling rigs in Canada, the United States, and the Middle East, as well as operates AlphaAutomation, AlphaApps, and AlphaAnalytics data services. The company offers EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreen Fuel Cell. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment operates well completion and workover service rigs in Canada and the United States. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

PDS Stock Price History

PDS Stock News Headlines

Precision Drilling (PDS) Set to Announce Earnings on Tuesday
PDS Sep 2024 45.000 put
5 Stocks that could triple in a week
Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.
Precision Drilling: Automation Makes It A Buy
New trading system called MSFT, NVDA & MSFT
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See More Headlines
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Company Calendar

Last Earnings
10/20/2021
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Petroleum And Natural Gas
Employees
5,560
Year Founded
1951

Price Target and Rating

Average Stock Price Target
$46.80
High Stock Price Target
$95.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-36.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$214.27 million
Pretax Margin
10.55%

Debt

Sales & Book Value

Annual Sales
$1.44 billion
Cash Flow
$26.96 per share
Book Value
$81.42 per share

Miscellaneous

Free Float
14,166,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
2.03

Social Links

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Key Executives

  • Mr. Kevin A. Neveu B.Sc. (Age 63)
    P.Eng, President, CEO & Director
    Comp: $1.99M
  • Mr. Carey Thomas Ford C.F.A.
    Chief Financial Officer
  • Mr. Shuja U. Goraya
    Chief Technology Officer
  • Ms. Veronica H. Foley
    Chief Legal & Compliance Officer
  • Mr. Gene C. Stahl (Age 50)
    President of North American Drilling
    Comp: $894.01k
  • Mr. Darren J. Ruhr
    Chief Administrative Officer
  • Ms. Lavonne Zdunich
    Director of Investor Relations
  • Dustin Honing
    Manager of Investor Relations & Corporate Development
  • Mr. Grant Hunter
    Senior Vice President of North American Drilling Operation
  • Mr. Ross Steven Pickering (Age 78)
    Senior Vice President of Global Operations Excellence

PDS Stock Analysis - Frequently Asked Questions

How have PDS shares performed this year?

Precision Drilling's stock was trading at $54.29 on January 1st, 2024. Since then, PDS shares have increased by 34.6% and is now trading at $73.07.
View the best growth stocks for 2024 here
.

How were Precision Drilling's earnings last quarter?

Precision Drilling Co. (NYSE:PDS) announced its quarterly earnings data on Wednesday, October, 20th. The oil and gas company reported ($2.88) earnings per share for the quarter, missing analysts' consensus estimates of ($1.32) by $1.56. Precision Drilling's revenue was up 54.0% compared to the same quarter last year.

When did Precision Drilling's stock split?

Shares of Precision Drilling reverse split 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 market closes 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.

Does Precision Drilling have any subsidiaries?

Precision Drilling subsidiaries include Grey Wolf Drilling Limited, Grey Wolf Drilling (Barbados) Ltd., Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, and more.

Who are Precision Drilling's major shareholders?

Precision Drilling's top institutional investors include Blue Trust Inc..

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Precision Drilling own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Precision Drilling investors own include Precision Drilling (PD), Reata Pharmaceuticals (RETA), Endologix (ELGX), Chipotle Mexican Grill (CMG), Approach Resources (AREX), American Airlines Group (AAL) and

This page (NYSE:PDS) was last updated on 7/26/2024 by MarketBeat.com Staff

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