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

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$2.45 +0.02 (+0.82 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$2.45
Today's Range$2.4101 - $2.5650
52-Week Range$1.62 - $4.14
Volume2.01 million shs
Average Volume1.58 million shs
Market Capitalization$719.76 million
P/E Ratio-8.75
Dividend YieldN/A
Beta2.35
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

Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-716-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.04 billion
Cash Flow$0.8194 per share
Book Value$4.76 per share

Profitability

Net Income$-101,850,000.00

Miscellaneous

Employees4,851
Market Cap$719.76 million
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 results on Thursday, October, 25th. The oil and gas company reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.02. The oil and gas company earned $292.65 million during the quarter, compared to analysts' expectations of $306.54 million. Precision Drilling had a negative net margin of 9.77% and a negative return on equity of 6.59%. 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, April 25th 2019. View Earnings Estimates for Precision Drilling.

What price target have analysts set for PDS?

12 analysts have issued 12-month price objectives for Precision Drilling's stock. Their forecasts range from $3.00 to $6.00. On average, they anticipate Precision Drilling's stock price to reach $4.5625 in the next twelve months. This suggests a possible upside of 86.2% from the stock's current price. View Analyst Price Targets for Precision Drilling.

What is the consensus analysts' recommendation for Precision Drilling?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 sell rating, 1 hold rating, 9 buy ratings and 1 strong buy rating 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 articles about PDS stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Precision Drilling earned a news impact score of 1.4 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

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 58)
  • 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 45)

Who are Precision Drilling's major shareholders?

Precision Drilling's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Letko Brosseau & Associates Inc. (4.68%), Mackenzie Financial Corp (3.45%), Fiera Capital Corp (2.08%), AGF Investments Inc. (1.97%), Bank of Montreal Can (1.16%) and Connor Clark & Lunn Investment Management Ltd. (0.58%).

Which institutional investors are selling Precision Drilling stock?

PDS stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Connor Clark & Lunn Investment Management Ltd., Ferguson Wellman Capital Management Inc., Bank of America Corp DE, CIBC Asset Management Inc, Two Sigma Investments LP, Royce & Associates LP and CoreCommodity Management LLC.

Which institutional investors are buying Precision Drilling stock?

PDS stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, AGF Investments Inc., Two Sigma Advisers LP, Toronto Dominion Bank, Fort Washington Investment Advisors Inc. OH, Intact Investment Management Inc., Prescott Group Capital Management L.L.C. and Canada Pension Plan Investment Board.

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 $2.45.

How big of a company is Precision Drilling?

Precision Drilling has a market capitalization of $719.76 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:  482 (Vote Outperform)
Underperform Votes:  427 (Vote Underperform)
Total Votes:  909
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 2/17/2019 by MarketBeat.com Staff

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