Precision Drilling Corporation Company Profile (NYSE:PDS)

About Precision Drilling Corporation (NYSE:PDS)

Precision Drilling Corporation logoPrecision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling
  • Sub-Industry: N/A
  • Symbol: NYSE:PDS
  • CUSIP: N/A
  • Web: www.precisiondrilling.com
Capitalization:
  • Market Cap: $715.5 million
  • Outstanding Shares: 293,238,000
Average Prices:
  • 50 Day Moving Avg: $2.80
  • 200 Day Moving Avg: $3.30
  • 52 Week Range: $2.38 - $6.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -9.76
  • P/E Growth: 0.40
Sales & Book Value:
  • Annual Revenue: $910.75 million
  • Price / Sales: 0.79
  • Book Value: $5.31 per share
  • Price / Book: 0.46
Profitability:
  • EBITDA: $202.95 million
  • Net Margins: -12.38%
  • Return on Equity: -7.10%
  • Return on Assets: -3.22%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 2.21%
  • Quick Ratio: 2.08%
Misc:
  • Average Volume: 2.89 million shs.
  • Beta: 1.8
  • Short Ratio: 6.2
 

Frequently Asked Questions for Precision Drilling Corporation (NYSE:PDS)

What is Precision Drilling Corporation's stock symbol?

Precision Drilling Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "PDS."

How were Precision Drilling Corporation's earnings last quarter?

Precision Drilling Corporation (NYSE:PDS) released its quarterly earnings results on Monday, July, 31st. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.16) by $0.07. The business had revenue of $275.52 million for the quarter, compared to the consensus estimate of $271.33 million. Precision Drilling Corporation had a negative net margin of 12.38% and a negative return on equity of 7.10%. Precision Drilling Corporation's revenue was up 68.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.20) earnings per share. View Precision Drilling Corporation's Earnings History.

When will Precision Drilling Corporation make its next earnings announcement?

Precision Drilling Corporation is scheduled to release their next quarterly earnings announcement on Friday, October, 27th 2017. View Earnings Estimates for Precision Drilling Corporation.

Where is Precision Drilling Corporation's stock going? Where will Precision Drilling Corporation's stock price be in 2017?

15 analysts have issued 1 year target prices for Precision Drilling Corporation's stock. Their forecasts range from $4.00 to $8.00. On average, they anticipate Precision Drilling Corporation's share price to reach $5.58 in the next twelve months. View Analyst Ratings for Precision Drilling Corporation.

Are investors shorting Precision Drilling Corporation?

Precision Drilling Corporation saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 12,638,122 shares, a decline of 24.6% from the August 31st total of 16,751,028 shares. Based on an average trading volume of 3,851,970 shares, the short-interest ratio is presently 3.3 days. Approximately 4.3% of the company's stock are sold short.

Who are some of Precision Drilling Corporation's key competitors?

Who are Precision Drilling Corporation's key executives?

Precision Drilling Corporation's management team includes the folowing people:

  • Steven Wayne Krablin, Independent Chairman of the Board
  • Kevin A. Neveu, President, Chief Executive Officer, Non-Independent Director
  • Carey T. Ford, Chief Financial Officer, Senior Vice President
  • Gene C. Stahl, President - Drilling Operations
  • Veronica H. Foley, Senior Vice President, General Counsel, Corporate Secretary
  • Douglas B. Evasiuk, Senior Vice President - Sales and Marketing, North America
  • Darren J. Ruhr, Senior Vice President - Corporate Services
  • Susan M. MacKenzie, Director
  • William T. Donovan, Independent Director
  • Brian J. Gibson, Independent Director

Who owns Precision Drilling Corporation stock?

Precision Drilling Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Shell Asset Management Co. (0.02%) and DORCHESTER WEALTH MANAGEMENT Co (0.01%). View Institutional Ownership Trends for Precision Drilling Corporation.

Who bought Precision Drilling Corporation stock? Who is buying Precision Drilling Corporation stock?

Precision Drilling Corporation's stock was bought by a variety of institutional investors in the last quarter, including DORCHESTER WEALTH MANAGEMENT Co and Shell Asset Management Co.. View Insider Buying and Selling for Precision Drilling Corporation.

How do I buy Precision Drilling Corporation stock?

Shares of Precision Drilling Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Precision Drilling Corporation's stock price today?

One share of Precision Drilling Corporation stock can currently be purchased for approximately $2.44.


MarketBeat Community Rating for Precision Drilling Corporation (NYSE PDS)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  685
MarketBeat's community ratings are surveys of what our community members think about Precision Drilling Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Precision Drilling Corporation (NYSE:PDS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $5.58 (128.69% upside)
Consensus Price Target History for Precision Drilling Corporation (NYSE:PDS)
Price Target History for Precision Drilling Corporation (NYSE:PDS)
Analysts' Ratings History for Precision Drilling Corporation (NYSE:PDS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Cowen and CompanySet Price TargetBuy$5.00N/AView Rating Details
10/10/2017Deutsche Bank AGInitiated CoverageHold$4.00N/AView Rating Details
10/6/2017Royal Bank Of CanadaReiterated RatingOutperform$7.00 -> $6.00N/AView Rating Details
9/18/2017Piper Jaffray CompaniesUpgradeNeutral -> Overweight$3.60 -> $4.25LowView Rating Details
9/12/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralMediumView Rating Details
9/11/2017TD SecuritiesInitiated CoverageBuyHighView Rating Details
8/2/2017Jefferies Group LLCReiterated RatingBuy$6.00 -> $4.50LowView Rating Details
7/6/2017Raymond James Financial, Inc.UpgradeOutperform -> Strong-BuyHighView Rating Details
6/21/2017Morgan StanleyDowngradeOverweight -> Equal Weight$9.00 -> $4.50HighView Rating Details
6/6/2017Wolfe ResearchDowngradeOutperform -> Market PerformHighView Rating Details
4/26/2017Citigroup Inc.Reiterated RatingOutperformMediumView Rating Details
2/22/2017ScotiabankUpgradeUnderperform -> Sector PerformN/AView Rating Details
1/4/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$4.25 -> $6.00N/AView Rating Details
11/29/2016Tudor PickeringUpgradeHold -> BuyN/AView Rating Details
10/24/2016Canaccord GenuityReiterated RatingHold$6.75 -> $7.25N/AView Rating Details
9/15/2016DA DavidsonInitiated CoverageBuyN/AView Rating Details
4/15/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
2/14/2016Evercore ISIReiterated RatingBuy$7.00 -> $6.00N/AView Rating Details
2/14/2016BMO Capital MarketsReiterated RatingOutperform$5.00N/AView Rating Details
10/26/2015SimmonsDowngradeOverweight -> NeutralN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Precision Drilling Corporation (NYSE:PDS)
Earnings by Quarter for Precision Drilling Corporation (NYSE:PDS)
Earnings History by Quarter for Precision Drilling Corporation (NYSE PDS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2017($0.09)N/AView Earnings Details
7/31/20176/30/2017($0.16)($0.09)$271.33 million$275.52 millionViewN/AView Earnings Details
4/24/20173/31/2017($0.11)($0.06)$345.06 million$346.80 millionViewN/AView Earnings Details
2/9/2017Q416($0.12)($0.10)$196.97 million$284.00 millionViewListenView Earnings Details
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 Corporation (NYSE:PDS)
2017 EPS Consensus Estimate: ($0.49)
2018 EPS Consensus Estimate: ($0.20)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.18)($0.09)($0.13)
Q2 20174($0.25)($0.13)($0.17)
Q3 20174($0.17)($0.07)($0.11)
Q4 20174($0.12)($0.04)($0.09)
Q1 20183($0.08)$0.02($0.03)
Q2 20182($0.13)($0.09)($0.11)
Q3 20182($0.06)($0.02)($0.04)
Q4 20182($0.05)$0.02($0.02)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Precision Drilling Corporation (NYSE:PDS)
Most Recent Dividend:11/18/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Precision Drilling Corporation (NYSE:PDS)

Dividend History by Quarter for Precision Drilling Corporation (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 Corporation (NYSE:PDS)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Precision Drilling Corporation (NYSE:PDS)
Latest Headlines for Precision Drilling Corporation (NYSE:PDS)
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Chart

Precision Drilling Corporation (PDS) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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