Precision Drilling (PDS) Stock Price, News & Analysis

Company Overview

Precision Drilling Corporation is an oilfield services company that provides contract drilling and related services to oil and natural gas exploration and production companies. Its primary business is the operation of land-based drilling rigs, supported by services such as directional drilling, managed pressure drilling, digital rig technologies and other solutions designed to improve drilling performance, safety and efficiency.

The company also provides completion and production services, including well servicing, camp and equipment rentals, and other support activities used during the construction, maintenance and production phases of oil and gas wells. Precision Drilling serves customers primarily in North America and has also conducted operations in selected international markets, including the Middle East.

Founded in 1951, Precision Drilling is headquartered in Calgary, Alberta, Canada. The company’s operations are organized primarily around its Contract Drilling Services and Completion and Production Services segments. Carey Ford serves as president and chief executive officer.

Key Stats

• Today's Range: $84.27 to $85.72
• 50-Day Range: $75.65 to $93.92
• 52-Week Range: $53.68 to $103.80
• Volume: 60,919 shs
• Average Volume: 116,190 shs
• Market Capitalization: $1.07 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $122.33
• Consensus Rating: Moderate Buy

Precision Drilling Stock Analysis - MarketRank™

Precision Drilling scored higher than 60% of companies evaluated by MarketBeat, and ranked 134th out of 246 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Precision Drilling has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 1 strong buy rating, 4 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Precision Drilling has a consensus price target of $122.33, representing about 43.5% upside from its current price of $85.25.

Amount of Analyst Coverage

Precision Drilling has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 79.50%

Earnings Growth

Earnings for Precision Drilling are expected to grow by 79.50% in the coming year, from $4.83 to $8.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Precision Drilling is -40.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Precision Drilling is -40.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Precision Drilling has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.77% of the float of Precision Drilling has been sold short.

Short Interest Ratio / Days to Cover

Precision Drilling has a short interest ratio ("days to cover") of 7.52.

Change versus previous month

Short interest in Precision Drilling has recently decreased by 10.81%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Precision Drilling does not currently pay a dividend.

Dividend Growth

Precision Drilling does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Precision Drilling this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for PDS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Precision Drilling insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.95% of the stock of Precision Drilling is held by insiders.

Percentage Held by Institutions

48.86% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/28/2026
• Today: 10/16/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Drilling
• Current Symbol: NYSE:PDS
• CIK: 1013605
• Web: www.precisiondrilling.com
• Phone: (403) 716-4500
• Fax: 403-264-0251
• Employees: 5,245
• Year Founded: 1951

Price Target and Rating

• Average Price Target for Precision Drilling: $122.33
• High Price Target: $140.00
• Low Price Target: $105.00
• Potential Upside/Downside: +43.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 17.65
• P/E Growth: N/A
• Net Income: $1.32 million
• Net Margins: -1.68%
• Pretax Margin: 0.71%
• Return on Equity: 2.11%
• Return on Assets: 1.24%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 1.46
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $1.32 billion
• Price / Sales: 0.81
• Cash Flow: $21.47 per share
• Price / Cash Flow: 3.97
• Book Value: $87.93 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 12,590,000
• Free Float: 12,467,000
• Market Cap: $1.07 billion
• Optionable: Optionable
• Beta: 0.95