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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:PDS

Precision Drilling Stock Forecast, Price & News

$23.13
-0.81 (-3.38 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$22.07
Now: $23.13
$23.92
50-Day Range
$19.50
MA: $22.69
$25.16
52-Week Range
$5.44
Now: $23.13
$26.40
Volume98,814 shs
Average Volume108,774 shs
Market Capitalization$311.33 million
P/E RatioN/A
Dividend YieldN/A
Beta3.2
Precision Drilling Corporation, an oilfield services company, 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 provides land drilling, directional drilling, and turnkey drilling services; and procures and distributes oilfield supplies, as well as manufactures and refurbishes drilling and service rig equipment. As of December 31, 2019, this segment operated 226 land drilling rigs, including 109 in Canada; 104 in the United States; 6 in Kuwai; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; and oilfield surface equipment rentals, as well as pressure control services to oil and natural gas exploration and production companies. As of December 31, 2019, this segment operated 123 well completion and workover service rigs, including 114 in Canada; 9 in the United States; approximately 1,700 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 42 drilling camps in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
Precision Drilling logo

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryN/A
CUSIPN/A
Phone403-716-4500
Employees4,496
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.05 billion
Cash Flow$17.26 per share
Book Value$83.02 per share

Profitability

Net Income$4.99 million

Miscellaneous

Market Cap$311.33 million
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.10 out of 5 stars

Oils/Energy Sector

236th out of 668 stocks

Drilling Oil & Gas Wells Industry

6th out of 36 stocks

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$23.13
-0.81 (-3.38 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Precision Drilling (NYSE:PDS) Frequently Asked Questions

Is Precision Drilling a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 sell rating, 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Precision Drilling stock.
View analyst ratings for Precision Drilling
or view top-rated stocks.

What stocks does MarketBeat like better than Precision Drilling?

Wall Street analysts have given Precision Drilling a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Precision Drilling wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Precision Drilling?

Precision Drilling saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 269,700 shares, an increase of 42.2% from the January 14th total of 189,600 shares. Based on an average daily trading volume, of 123,700 shares, the short-interest ratio is currently 2.2 days. Approximately 2.0% of the shares of the company are short sold.
View Precision Drilling's Short Interest
.

When is Precision Drilling's next earnings date?

Precision Drilling is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Precision Drilling
.

How were Precision Drilling's earnings last quarter?

Precision Drilling Co. (NYSE:PDS) released its earnings results on Tuesday, February, 9th. The oil and gas company reported ($2.74) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.28) by $0.46. The oil and gas company earned $201.60 million during the quarter, compared to analyst estimates of $195.30 million. Precision Drilling had a negative net margin of 7.43% and a negative trailing twelve-month return on equity of 3.97%. Precision Drilling's revenue was down 45.9% on a year-over-year basis.
View Precision Drilling's earnings history
.

How has Precision Drilling's stock been impacted by COVID-19?

Precision Drilling's stock was trading at $9.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PDS shares have increased by 136.0% and is now trading at $23.13.
View which stocks have been most impacted by COVID-19
.

When did Precision Drilling's stock split? How did Precision Drilling's stock split work?

Precision Drilling's stock reverse split on the morning of 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 closing bell on Wednesday, November 11th 2020. An investor that had 100 shares of Precision Drilling stock prior to the reverse split would have 5 shares after the split.

What price target have analysts set for PDS?

16 brokers have issued 12-month price targets for Precision Drilling's shares. Their forecasts range from $15.00 to $42.00. On average, they anticipate Precision Drilling's stock price to reach $25.00 in the next year. This suggests a possible upside of 8.1% from the stock's current price.
View analysts' price targets for Precision Drilling
or view top-rated stocks among Wall Street analysts.

Who are Precision Drilling's key executives?

Precision Drilling's management team includes the following people:
  • Mr. Kevin A. Neveu B.Sc., B.Sc, P.Eng, Pres, CEO & Director (Age 60)
  • Mr. Carey Thomas Ford, Sr. VP & CFO
  • Mr. Darren J. Ruhr, Chief Admin. Officer
  • Ms. Veronica H. Foley, Sr. VP, Gen. Counsel, Company Sec. & Chief Compliance Officer
  • Mr. Gene C. Stahl, Chief Marketing Officer (Age 47)
  • Mr. John Blair Goertzen, Exec. Vice-Pres and Chief Operating Officer (Age 62)
  • Mr. Shuja U. Goraya, Chief Technology Officer
  • Dustin Honing, Mang. of Investor Relations
  • Mr. Roland H. Marks, Sr. VP of International Drilling Operations
  • Mr. Grant Hunter, Sr. VP of North American Drilling Operation

What is Kevin A. Neveu's approval rating as Precision Drilling's CEO?

65 employees have rated Precision Drilling CEO Kevin A. Neveu on Glassdoor.com. Kevin A. Neveu has an approval rating of 52% among Precision Drilling's employees. This puts Kevin A. Neveu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Precision Drilling's key competitors?

What other stocks do shareholders of Precision Drilling own?

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

What is Precision Drilling's stock symbol?

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

Who are Precision Drilling's major shareholders?

Precision Drilling's stock is owned by a variety of retail and institutional investors. Top institutional investors include FIL Ltd (10.86%), Standard General L.P. (2.16%), Letko Brosseau & Associates Inc. (1.85%), Renaissance Technologies LLC (1.47%), Healthcare of Ontario Pension Plan Trust Fund (0.42%) and JPMorgan Chase & Co. (0.33%).

Which institutional investors are selling Precision Drilling stock?

PDS stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Letko Brosseau & Associates Inc., Standard General L.P., The Manufacturers Life Insurance Company , Guardian Capital Advisors LP, JPMorgan Chase & Co., Dimensional Fund Advisors LP, and Toronto Dominion Bank.

Which institutional investors are buying Precision Drilling stock?

PDS stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Healthcare of Ontario Pension Plan Trust Fund, Virtu Financial LLC, Paloma Partners Management Co, and Schroder Investment Management Group.

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

What is Precision Drilling's stock price today?

One share of PDS stock can currently be purchased for approximately $23.13.

How much money does Precision Drilling make?

Precision Drilling has a market capitalization of $311.33 million and generates $1.05 billion in revenue each year.

How many employees does Precision Drilling have?

Precision Drilling employs 4,496 workers across the globe.

What is Precision Drilling's official website?

The official website for Precision Drilling is www.precisiondrilling.com.

Where are Precision Drilling's headquarters?

Precision Drilling is headquartered at 525 - 8 Avenue S.W. Suite 800, Calgary A0, T2P 1G1.

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]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

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