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NYSE:PDS

Precision Drilling Stock Forecast, Price & News

$33.15
+0.82 (+2.54%)
(As of 12/3/2021 09:36 AM ET)
Add
Compare
Today's Range
$32.92
$33.15
50-Day Range
$31.52
$49.36
52-Week Range
$15.60
$50.42
Volume
432 shs
Average Volume
76,334 shs
Market Capitalization
$441.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.96
30 days | 90 days | 365 days | Advanced Chart
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Precision Drilling logo

About Precision Drilling

Precision Drilling Corp. engages in the provision od onshore drilling, completion, and production services to the oil and natural gas industry. It operates through the following segments: Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, directional drilling, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment. The Completion and Production Services segment comprises service rigs, oilfield equipment rental, and camp and catering services. The company was founded in 1951 and is headquartered in Calgary, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
3,500
Year Founded
1951

Sales & Book Value

Annual Sales
$698.56 million
Cash Flow
$9.34 per share
Book Value
$74.87 per share

Profitability

Net Income
$-89.68 million
Pretax Margin
-21.00%

Debt

Price-To-Earnings

Miscellaneous

Free Float
13,178,000
Market Cap
$441.03 million
Optionable
Optionable

Company Calendar

Last Earnings
10/20/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/09/2022

Social Links


MarketRank

Overall MarketRank

2.00 out of 5 stars

Oils/Energy Sector

166th out of 356 stocks

Drilling Oil & Gas Wells Industry

5th out of 17 stocks

Analyst Opinion: 4.2Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Precision Drilling (NYSE:PDS) Frequently Asked Questions

Is Precision Drilling a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Precision Drilling stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDS, but not buy additional shares or sell existing shares.
View analyst ratings for Precision Drilling
or view top-rated stocks.

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

Precision Drilling's stock was trading at $9.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PDS stock has increased by 238.3% and is now trading at $33.15.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Precision Drilling?

Precision Drilling saw a increase in short interest in October. As of October 29th, there was short interest totaling 221,900 shares, an increase of 18.5% from the October 14th total of 187,200 shares. Based on an average daily volume of 40,000 shares, the days-to-cover ratio is currently 5.5 days. Currently, 1.7% of the company's stock 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 Wednesday, February 9th 2022.
View our earnings forecast for Precision Drilling
.

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 the Thomson Reuters' consensus estimate of ($1.32) by $1.56. The oil and gas company earned $253.80 million during the quarter, compared to the consensus estimate of $277.66 million. Precision Drilling had a negative trailing twelve-month return on equity of 14.34% and a negative net margin of 21.12%. Precision Drilling's revenue for the quarter was up 54.0% on a year-over-year basis. During the same period last year, the business earned ($1.60) EPS.
View Precision Drilling's earnings history
.

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

Precision Drilling shares reverse split before market open 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 Precision Drilling stock prior to the reverse split would have 5 shares after the split.

What price target have analysts set for PDS?

13 Wall Street analysts have issued 1 year price objectives for Precision Drilling's stock. Their forecasts range from $33.00 to $71.00. On average, they expect Precision Drilling's stock price to reach $53.73 in the next twelve months. This suggests a possible upside of 62.1% 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:
  • Kevin Arthur Neveu, President, Chief Executive Officer & Director
  • Carey T. Ford, Chief Financial Officer & Senior Vice President
  • Shuja U. Goraya, Chief Technology Officer
  • Veronica H. Foley, Secretary, Chief Compliance Officer & Senior VP
  • Darren J. Ruhr, Chief Administration Officer

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.

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 shareholders include Polar Asset Management Partners Inc. (7.17%), FIL Ltd (3.01%), Connor Clark & Lunn Investment Management Ltd. (2.56%), EAM Global Investors LLC (1.66%), PCJ Investment Counsel Ltd. (1.48%) and Letko Brosseau & Associates Inc. (1.12%).

Which major investors are selling Precision Drilling stock?

PDS stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, NewGen Asset Management Ltd, Two Sigma Investments LP, Two Sigma Advisers LP, FIL Ltd, Cubist Systematic Strategies LLC, Apis Capital Advisors LLC, and Russell Investments Group Ltd..

Which major investors are buying Precision Drilling stock?

PDS stock was bought by a variety of institutional investors in the last quarter, including MD Financial Management Inc., Connor Clark & Lunn Investment Management Ltd., PCJ Investment Counsel Ltd., Arrowstreet Capital Limited Partnership, Polar Asset Management Partners Inc., SG Capital Management LLC, Dimensional Fund Advisors LP, and Franklin Resources Inc..

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 $33.15.

How much money does Precision Drilling make?

Precision Drilling has a market capitalization of $441.03 million and generates $698.56 million in revenue each year. The oil and gas company earns $-89.68 million in net income (profit) each year or ($11.15) on an earnings per share basis.

How many employees does Precision Drilling have?

Precision Drilling employs 3,500 workers across the globe.

Does Precision Drilling have any subsidiaries?

The following companies are subsidiares of Precision Drilling: Grey Wolf Drilling (Barbados) Ltd., Grey Wolf Drilling Limited, Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, Precision Drilling (US) Corporation, Precision Drilling Canada Limited Partnership, Precision Drilling Company LP, Precision Drilling Holdings Company, and Precision Limited Partnership.

When was Precision Drilling founded?

Precision Drilling was founded in 1951.

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, via email at [email protected], or via fax at 403-264-0251.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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