Precision Drilling (PDS) Stock Price, News & Analysis

Company Overview

Precision Drilling Corporation (NYSE: PDS) is a Calgary, Alberta–based oilfield services company that has provided drilling solutions since its founding in 1951. With more than seven decades of industry experience, the company delivers contract drilling services, directional and horizontal drilling, well servicing, and a suite of specialized equipment designed to meet the evolving needs of exploration and production companies worldwide.

The company’s core business activities include operating a fleet of onshore drilling rigs, offering managed pressure drilling, measurement-while-drilling (MWD) and logging-while-drilling (LWD) services, and providing completion and workover rigs. Precision Drilling also develops advanced drilling technologies aimed at improving wellbore placement, reducing non-productive time and enhancing overall safety performance. This technology focus is supported by an in-house team of engineers and field specialists dedicated to continuous innovation and operational excellence.

Precision Drilling serves customers in key oil and gas regions across North America, including Western Canada, the U.S. Rocky Mountain region, and the Gulf Coast, as well as select international markets such as Latin America and the Middle East. Its geographically diversified operations enable the company to leverage market cycles and respond to regional activity shifts while maintaining a broad portfolio of service offerings tailored to local reservoir conditions and regulatory environments.

Under the leadership of President and Chief Executive Officer Jason Gysling, Precision Drilling emphasizes a commitment to health, safety and environmental stewardship, alongside strong corporate governance practices. The company’s management team works closely with its board of directors to uphold rigorous safety standards, advance technological development, and pursue disciplined growth strategies that align with the long-term objectives of shareholders and stakeholders in the communities it serves.

Key Stats

• Today's Range: $75.44 to $77.28
• 50-Day Range: $73.31 to $98.82
• 52-Week Range: $52.53 to $103.80
• Volume: 107,274 shs
• Average Volume: 117,802 shs
• Market Capitalization: $972.05 million
• 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 84% of companies evaluated by MarketBeat, and ranked 57th out of 249 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 2.50, and is based on 1 strong buy rating, 4 buy ratings, 1 hold rating, and 2 sell ratings.

Upside Potential

Precision Drilling has a consensus price target of $122.33, representing about 61.7% upside from its current price of $75.65.

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: 82.12%

Earnings Growth

Earnings for Precision Drilling are expected to grow by 82.12% in the coming year, from $4.53 to $8.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Precision Drilling is -36.19, 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 -36.19, 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 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.10% 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 4.44.

Change versus previous month

Short interest in Precision Drilling has recently decreased by 13.23%, 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: 3.2 / 5
• News Sentiment: 1.07

News Sentiment

Precision Drilling has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Precision Drilling this week, compared to 1 article on an average week.

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: 2/11/2026
• Today: 8/08/2026
• 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: +61.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 16.70
• 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: 0.74
• Cash Flow: $21.07 per share
• Price / Cash Flow: 3.59
• Book Value: $90.23 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 12,850,000
• Free Float: 12,731,000
• Market Cap: $972.05 million
• Optionable: Optionable
• Beta: 0.78