Precision Drilling Company Profile (TSE:PD)

About Precision Drilling

Precision Drilling logoPrecision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. It operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment includes Drilling rig operations in Canada, the United States and international, and Directional drilling operations in Canada and the United States. The Completion and Production Services segment includes service rigs and equipment rentals in Canada and the United States, and snubbing and coil tubing, camps and catering, and water systems in Canada. The Company's operations in its segments are supported by business support systems, which include sales and marketing; procurement and distribution; manufacturing; equipment maintenance and certification, and engineering.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: PD
  • CUSIP:
Key Metrics:
  • Previous Close: $5.45
  • 50 Day Moving Average: $5.98
  • 200 Day Moving Average: $5.83
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.45
  • Market Cap: $1.60B
  • Outstanding Shares: 293,236,000
Additional Links:

Analyst Ratings

Consensus Ratings for Precision Drilling (TSE:PD) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: C$6.60

Analysts' Ratings History for Precision Drilling (TSE:PD)
Show:
DateFirmActionRatingPrice TargetDetails
8/24/2016CIBCReiterated RatingSector OutperformC$7.50View Rating Details
7/25/2016ScotiabankReiterated RatingUnderperformC$6.00View Rating Details
7/22/2016TD SecuritiesLower Price TargetBuyC$9.50 -> C$8.50View Rating Details
7/22/2016Deutsche Bank AGLower Price TargetC$6.00 -> C$5.00View Rating Details
7/22/2016Royal Bank Of CanadaReiterated RatingOutperformC$8.00View Rating Details
6/29/2016Evercore Partners Inc.Boost Price TargetC$7.00 -> C$8.00View Rating Details
6/29/2016Evercore ISIBoost Price TargetC$7.00 -> C$8.00View Rating Details
6/22/2016AltaCorp CapitalReiterated RatingOutperformView Rating Details
5/31/2016Raymond James Financial Inc.Reiterated RatingMarket PerformC$6.10View Rating Details
4/1/2016Howard WeilDowngradeSector Perform -> UnderperformView Rating Details
3/23/2016Canaccord GenuityBoost Price TargetHoldC$4.25 -> C$6.50View Rating Details
3/14/2016FirstEnergy Corp.Boost Price TargetC$5.25 -> C$8.00View Rating Details
2/16/2016Cowen and CompanyLower Price TargetOutperformC$5.30 -> C$4.40View Rating Details
2/12/2016BMO Capital MarketsLower Price TargetOutperformC$5.00View Rating Details
1/8/2016JPMorgan Chase & Co.Lower Price TargetNeutralC$6.00 -> C$5.00View Rating Details
9/11/2015Jefferies GroupLower Price TargetC$3.00View Rating Details
6/29/2015FirstEnergy CapitalReiterated RatingOutperformC$10.50View Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Precision Drilling (TSE:PD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
10/28/2014$0.17$0.18ViewN/AView Earnings Details
7/25/2014$0.02($0.02)ViewN/AView Earnings Details
4/29/2014$0.37$0.35ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Precision Drilling (TSE:PD)
Current Year EPS Consensus Estimate: $-0.48 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164($0.20)($0.09)($0.15)
Q2 20164($0.30)($0.23)($0.26)
Q3 20164($0.26)($0.18)($0.21)
Q4 20164($0.24)($0.16)($0.19)
Q1 20174($0.24)($0.08)($0.15)
Q2 20174($0.33)($0.18)($0.22)
Q3 20173($0.22)($0.11)($0.15)
Q4 20173($0.16)($0.06)($0.10)
Q1 20181($0.04)($0.04)($0.04)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Precision Drilling (TSE:PD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/22/2015quarterlyC$0.075.28%11/4/201511/6/201511/18/2015
7/23/2015quarterlyC$0.074.12%8/6/20158/10/20158/21/2015
4/27/2015quarterlyC$0.073.36%5/13/20155/15/20155/29/2015
2/12/2015quarterlyC$0.072/27/20153/12/2015
10/27/2014quarterlyC$0.072.93%11/12/201411/14/201411/24/2014
7/24/2014quarterlyC$0.061.67%8/6/20148/8/20148/20/2014
4/28/2014quarterlyC$0.061.75%5/12/20145/14/20145/26/2014
2/13/2014quarterlyC$0.062.16%2/25/20142/27/20143/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Precision Drilling (TSE:PD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/12/2016Allen R HagermanDirectorBuy10,000C$3.89C$38,900.00
12/8/2015Kevin A NeveuDirectorBuy15,000C$4.60C$69,000.00
10/29/2015Robert Joseph McnallyInsiderBuy10,000C$3.89C$38,880.00
10/27/2015Kevin Omar MeyersDirectorBuy5,000C$3.87C$19,349.50
8/25/2015Kevin A NeveuDirectorBuy5,000C$5.50C$27,500.00
8/25/2015Niels EspelandInsiderBuy1,500C$5.40C$8,100.00
8/21/2015Kevin A NeveuDirectorBuy1,600C$5.42C$8,677.92
8/20/2015Veronica H FoleyInsiderBuy5,000C$4.25C$21,250.00
8/18/2015Kevin Omar MeyersDirectorBuy3,000C$4.58C$13,739.70
7/27/2015Steven Wayne KrablinDirectorBuy5,000C$4.73C$23,667.00
7/27/2015Veronica H FoleyInsiderBuy10,000C$4.85C$48,509.00
7/24/2015Kevin A NeveuDirectorBuy10,000C$6.96C$69,600.00
6/2/2015Gene StahlInsiderSell10,000C$8.64C$86,423.00
3/24/2015Kevin A NeveuDirectorBuy53,000C$6.17C$327,010.00
3/16/2015Kevin A NeveuDirectorBuy5,000C$7.00C$35,000.00
3/13/2015Kevin A NeveuDirectorBuy5,000C$7.18C$35,900.00
11/3/2014Douglas Brian EvasiukDirectorSell3,000C$9.08C$27,240.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Precision Drilling (TSE:PD)
DateHeadline
nasdaq.com logoEnergy Sector Update for 08/24/2016: CMG.TO, SCL.TO, PD.TO, PSI.TO - Nasdaq (TSE:PD)
www.nasdaq.com - August 25 at 11:51 AM
investopedia.com logoTop 5 Oil Drilling Stocks of 2016 (PKD, PTEN) (TSE:PD)
www.investopedia.com - August 24 at 6:29 PM
News IconCancelled rig contracts boost Trinidad Drilling revenue in second ... - TheChronicleHerald.ca (TSE:PD)
thechronicleherald.ca - August 5 at 9:50 AM
News IconTrinidad Drilling made more from cancelled rig contracts than actual drilling work in Q2 (TSE:PD)
www.cbc.ca - August 4 at 7:14 PM
News IconTrinidad Drilling made more from cancelled rig contracts than actual drilling work in Q2 - CBC.ca (TSE:PD)
www.cbc.ca - August 3 at 7:06 PM
nytimes.com logoHow an Elite New York Police Unit Rehearses for a Terrorist Attack - New York Times (TSE:PD)
www.nytimes.com - July 31 at 6:13 PM
marketwatch.com logoPrecision Drilling Corporation Announces Filing of a Preliminary ... - MarketWatch (TSE:PD)
www.marketwatch.com - July 30 at 9:38 AM
reuters.com logoBRIEF-Precision Drilling files for mixed shelf offering of $1 bln (TSE:PD)
www.reuters.com - July 28 at 7:00 PM
News IconPrecision Drilling Q2 loss doubles as revenue falls by half (TSE:PD)
nanonews.org - July 22 at 6:36 PM
breakingfinancenews.com logoA statement released today by Deutsche Bank about (TSE:PD) Precision Drilling Corporation lowers the target price to $5 (TSE:PD)
breakingfinancenews.com - July 22 at 6:36 PM
nasdaq.com logoEarly Signals Mixed After Trio Of Earnings -- Canadian Commentary - Nasdaq (TSE:PD)
www.nasdaq.com - July 22 at 9:43 AM
finance.yahoo.com logoEdited Transcript of PD.TO earnings conference call or presentation 21-Jul-16 5:00pm GMT (TSE:PD)
finance.yahoo.com - July 21 at 10:23 PM
reuters.com logoCanadian energy earnings hint at brighter outlook for oil - Reuters Canada (TSE:PD)
ca.reuters.com - July 21 at 7:05 PM
rttnews.com logoEarly Signals Mixed After Trio Of Earnings -- Canadian Commentary - RTT News (TSE:PD)
www.rttnews.com - July 21 at 7:05 PM
nasdaq.com logoGold Stocks Lead TSX Higher -- Canadian Commentary - Nasdaq (TSE:PD)
www.nasdaq.com - July 21 at 7:05 PM
News IconPrecision Drilling Q2 loss doubles, oil company's revenue down 51% - Globalnews.ca (TSE:PD)
globalnews.ca - July 21 at 7:05 PM
reuters.com logoBRIEF-Precision Drilling reports second-quarter results (TSE:PD)
www.reuters.com - July 21 at 9:39 AM
4-traders.com logoPrecision Drilling : reports 2Q loss (TSE:PD)
www.4-traders.com - July 21 at 9:39 AM
News IconPrecision Drilling Q2 loss doubles, revenue down (TSE:PD)
blackburnnews.com - July 21 at 9:39 AM
business.financialpost.com logoPrecision Drilling Corp loss almost doubles, but drilling jobs are already rising with oil price (TSE:PD)
business.financialpost.com - July 21 at 9:39 AM
reuters.com logoUPDATE 2-Canada's Precision Drilling says oil producers hiking budgets (TSE:PD)
in.reuters.com - July 21 at 9:39 AM
biz.yahoo.com logoQ2 2016 Precision Drilling Corp Earnings Release - Before Market Open (TSE:PD)
biz.yahoo.com - July 21 at 7:07 AM
capitalcube.com logoPrecision Drilling Corp. breached its 50 day moving average in a Bearish Manner : PD-CA : July 20, 2016 (TSE:PD)
www.capitalcube.com - July 20 at 8:28 AM
News IconYou're Reading: fastcompany / Cleveland's RNC "Event Zone" May Be A Petri Dish For Violence - Fast Company (TSE:PD)
www.fastcompany.com - July 16 at 6:16 PM
News IconMCJ v MAJ [2016] EWHC 1672 (Fam) - Family Law Week (TSE:PD)
www.familylawweek.co.uk - July 12 at 11:05 AM
News IconThis Northrop Grumman Robot Carried the Explosive That Killed the Dallas Shooting Suspect - DC Inno (TSE:PD)
dcinno.streetwise.co - July 12 at 11:05 AM
News IconHow Many Precision Drilling Corporation (TSE:PD)'s Analysts Are Bearish? - Consumer Eagle (TSE:PD)
www.consumereagle.com - July 12 at 11:05 AM
News IconJim Lee, Sioux City Journal - Sioux City Journal (TSE:PD)
siouxcityjournal.com - July 10 at 6:05 PM
News IconIs Precision Drilling Corporation a Sell? The Stock Declines Again - Engelwood Daily (TSE:PD)
www.engelwooddaily.com - July 9 at 9:55 AM
theglobeandmail.com logoThree top stock picks from Sui Generis's Daniel Lloyd - The Globe and Mail (TSE:PD)
www.theglobeandmail.com - July 7 at 9:37 AM
finance.yahoo.com logoPrecision Drilling Corporation 2016 Second Quarter Results Conference Call and Webcast - Yahoo Finance (TSE:PD)
finance.yahoo.com - July 7 at 9:37 AM
theglobeandmail.com logoThree top stock picks from Sui Generis’s Daniel Lloyd (TSE:PD)
www.theglobeandmail.com - July 6 at 11:23 AM
News IconTop Picks from Daniel Lloyd: ZCL Composites, *Short* CI Financial, and pair trade Secure Energy Services/Precision Drilling (TSE:PD)
www.bnn.ca - July 6 at 11:23 AM
benzinga.com logoPrecision Drilling Corporation 2016 Second Quarter Results Conference Call and Webcast - Benzinga (TSE:PD)
www.benzinga.com - July 5 at 6:31 PM
publicnow.com logoPrecision Drilling Corporation 2016 Second Quarter Results Conference Call and Webcast (TSE:PD)
www.publicnow.com - July 5 at 4:41 PM
live-pr.com logo"Precision Drilling Corporation (PD) - Financial and Strategic SWOT Analysis Review" Published (TSE:PD)
www.live-pr.com - July 1 at 9:33 AM
News IconHow Many Precision Drilling Corporation (TSE:PD)'s Analysts Are Bullish? - Press Telegraph (TSE:PD)
presstelegraph.com - June 29 at 6:42 PM
News IconNorristown July 4 parade will kick off at 10 a.m. - The Times Herald (TSE:PD)
www.timesherald.com - June 29 at 6:42 PM
News IconDressed like women warriors, these girls step into their heritage - KUOW News and Information (TSE:PD)
kuow.org - June 23 at 7:18 PM
News IconFinding their heritage one step at a time - KUOW News and Information (TSE:PD)
kuow.org - June 22 at 6:42 PM
openpr.com logoGlobal Laser Drilling Market to be Propelled by Advanced Laser Drilling Activities (TSE:PD)
www.openpr.com - June 20 at 8:21 AM
News Icon$2B in new equity fans thin oilfield hopes (TSE:PD)
blackburnnews.com - June 17 at 6:33 PM
capitalcube.com logoETF’s with exposure to Precision Drilling Corp. : June 17, 2016 (TSE:PD)
www.capitalcube.com - June 17 at 5:27 PM
News IconPrecision Drilling Corporation (NYSE:PDS) Projections For Share Price Is $5.330 (TSE:PD)
tribumagazine.net - June 16 at 6:59 PM
News IconDrilling just got smarter with new Atlas Copco SmartROC (TSE:PD)
www.engineeringnews.co.za - June 15 at 11:19 AM
fool.com logoTricking the Common Cold Into Destroying Cancer - Motley Fool (TSE:PD)
www.fool.com - June 13 at 6:19 PM
News IconBREAKING: At Least 20 Dead in Mass Shooting at LGBT Nightclub in Orlando, Fla. (Updated) - Truthdig (TSE:PD)
www.truthdig.com - June 12 at 6:40 PM
News IconNew York National Guard Female Soldier meeting Artillery gunline challenge - DVIDS (press release) (TSE:PD)
www.dvidshub.net - June 8 at 7:10 PM
seekingalpha.com logoPrecision Drilling: The Toughest Part Of The Downcycle Is Still Ahead (TSE:PD)
seekingalpha.com - June 7 at 9:31 AM
openpr.com logoDrill Subs Market Advanced technologies & growth opportunities in global Industry by 2020. (TSE:PD)
www.openpr.com - June 6 at 6:42 PM

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Precision Drilling (TSE:PD) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff