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: $7.00
  • 50 Day Moving Average: $7.44
  • 200 Day Moving Average: $6.43
  • 52-Week Range: C$293,239,000.00 - C$4.03
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.67
  • Market Cap: $2.02B
  • Outstanding Shares: 293,239,000
Additional Links:

Analyst Ratings

Consensus Ratings for Precision Drilling (TSE:PD) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: C$8.92

Analysts' Ratings History for Precision Drilling (TSE:PD)
Show:
DateFirmActionRatingPrice TargetDetails
2/10/2017Royal Bank Of CanadaReiterated RatingOutperformC$9.00View Rating Details
2/10/2017ScotiabankReiterated RatingUnderperformC$7.50View Rating Details
2/10/2017CIBCBoost Price TargetC$10.50 -> C$11.00View Rating Details
2/10/2017Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformC$6.50 -> C$8.25View Rating Details
1/19/2017Deutsche Bank AGUpgradeHold -> BuyC$6.00 -> C$10.00View Rating Details
1/10/2017Canaccord GenuityBoost Price TargetC$8.50 -> C$8.75View Rating Details
1/10/2017BMO Capital MarketsBoost Price TargetC$8.50 -> C$9.00View Rating Details
12/20/2016Evercore ISIBoost Price TargetC$8.00 -> C$9.00View Rating Details
12/20/2016Evercore Partners Inc.Boost Price TargetC$8.00 -> C$9.00View Rating Details
12/16/2016RBC Capital MarketsBoost Price TargetC$8.00 -> C$9.00View Rating Details
12/14/2016Citigroup Inc.Initiated CoverageNeutralC$8.00View Rating Details
12/14/2016TD SecuritiesReiterated RatingBuyC$9.50View Rating Details
6/22/2016AltaCorp CapitalReiterated RatingOutperformView Rating Details
4/1/2016Howard WeilDowngradeSector Perform -> UnderperformView Rating Details
3/14/2016FirstEnergy CorporationBoost Price TargetC$5.25 -> C$8.00View Rating Details
2/16/2016Cowen and CompanyLower Price TargetOutperformC$5.30 -> C$4.40View Rating Details
1/8/2016J P Morgan Chase & CoLower Price TargetNeutralC$6.00 -> C$5.00View Rating Details
9/11/2015Jefferies Group LLCLower Price TargetC$3.00View Rating Details
6/29/2015FirstEnergy CapitalReiterated RatingOutperformC$10.50View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Precision Drilling (TSE:PD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
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: $-0.44 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)($0.12)($0.18)
Q1 20174($0.24)($0.12)($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
News IconBrokers Issue New Targets On Precision Drilling Corporation (NYSE:PDS) (TSE:PD)
ekosvoice.com - February 16 at 6:44 PM
capitalcube.com logoPrecision Drilling Corp. :PD-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (TSE:PD)
www.capitalcube.com - February 13 at 9:48 PM
News IconBRIEF-Precision Drilling Q4 loss per share C$0.10 (TSE:PD)
www.businessinsider.com - February 10 at 8:07 PM
finance.yahoo.com logoEdited Transcript of PD.TO earnings conference call or presentation 9-Feb-17 7:00pm GMT (TSE:PD)
finance.yahoo.com - February 10 at 8:07 PM
capitalcube.com logoPrecision Drilling Corp. :PD-CA: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (TSE:PD)
www.capitalcube.com - February 10 at 8:07 PM
seekingalpha.com logoPrecision Drilling's (PDS) CEO Kevin Neveu on Q4 2016 Results - Earnings Call Transcript (TSE:PD)
seekingalpha.com - February 10 at 1:45 AM
theglobeandmail.com logoPrecision Drilling optimistic about oil industry as it posts smaller quarterly loss (TSE:PD)
www.theglobeandmail.com - February 9 at 8:44 PM
News IconPrecision Drilling expects to charge more for its rigs (TSE:PD)
ibusinesslines.com - February 9 at 8:44 PM
nasdaq.com logoPrecision Drilling posts smaller quarterly loss (TSE:PD)
www.nasdaq.com - February 9 at 8:44 PM
News IconExamining Precision Drilling Corporation (PDS)'s track record of earnings (TSE:PD)
mlbinjurynews.com - February 9 at 8:44 PM
News IconPrecision Drilling gaining confidence 'long-term stability is returning' to oilpatch (TSE:PD)
calgaryherald.com - February 9 at 8:44 PM
business.financialpost.com logoPrecision Drilling deploys more rigs as oil rebound takes hold (TSE:PD)
business.financialpost.com - February 9 at 8:44 PM
reuters.com logoPrecision Drilling confident oil industry is stabilizing - Reuters (TSE:PD)
www.reuters.com - February 9 at 8:44 PM
sg.finance.yahoo.com logoPrecision Drilling reports 4Q loss (TSE:PD)
sg.finance.yahoo.com - February 9 at 8:44 PM
finance.yahoo.com logoPrecision Drilling expects to charge higher for rigs (TSE:PD)
finance.yahoo.com - February 9 at 8:44 PM
biz.yahoo.com logoQ4 2016 Precision Drilling Corp Earnings Release - Before Market Open (TSE:PD)
biz.yahoo.com - February 9 at 8:44 PM
News IconPast 3 Quarter Analysis for Precision Drilling Corporation (NYSE:PDS) (TSE:PD)
mundoaguaysaneamiento.net - February 8 at 1:17 AM
business.financialpost.com logoPrecision Drilling Corp considered best play on tightening rig market (TSE:PD)
business.financialpost.com - February 3 at 7:59 PM
capitalcube.com logoETFs with exposure to Precision Drilling Corp. : February 3, 2017 (TSE:PD)
www.capitalcube.com - February 3 at 7:59 PM
capitalcube.com logoPrecision Drilling Corp. breached its 50 day moving average in a Bullish Manner : PD-CA : February 2, 2017 (TSE:PD)
www.capitalcube.com - February 2 at 8:07 PM
News IconBrokers Change Their Target Price On Precision Drilling Corporation (NYSE:PDS) (TSE:PD)
hoyentv.com - February 1 at 9:00 PM
News IconOne Stock Analysts Are Watching - Precision Drilling Corporation (NYSE:PDS) (TSE:PD)
xboxonezone.com - February 1 at 9:00 PM
News IconHot Stock Overview: Precision Drilling Corporation (NYSE:PDS) (TSE:PD)
viveremilano.biz - February 1 at 9:00 PM
News IconThe Piper Jaffray Companies Upgrades Precision Drilling Corporation (PDS) to "Overweight" (TSE:PD)
larampadinapoli.com - February 1 at 9:00 PM
News IconCIBC Cuts Precision Drilling Co. (PD) Price Target to C$9.00 (TSE:PD)
mundoaguaysaneamiento.net - January 31 at 12:50 AM
News IconDrilling activity uptick a pleasant surprise: Precision (TSE:PD)
www.jwnenergy.com - January 27 at 12:36 AM
News IconPrecision Drilling Corporation (PDS) Stock Price Increases 7% (TSE:PD)
baddgoddess.com - January 24 at 12:30 AM
News IconPrecision Drilling Corporation (NYSE:PDS) Broker Price Targets For The Coming Week (TSE:PD)
vouxmagazine.com - January 22 at 1:21 AM
News Icon(PD) Receives Average Rating of "Hold" from Brokerages (TSE:PD)
diariocatolico.net - January 20 at 4:52 AM
News IconII-VI Suwtech pump lasers enable ultrafast fibre lasers (TSE:PD)
www.compoundsemiconductor.net - January 18 at 8:43 AM
News IconExecutive and management moves: This week’s oil and gas HR news (TSE:PD)
www.jwnenergy.com - January 16 at 10:40 AM
News IconPrecision Drilling Corporation (PDS) Lifted to Neutral at Credit Suisse Group (TSE:PD)
flapship.com - January 10 at 8:01 PM
finance.yahoo.com logoPrecision Drilling Announces Management Changes (TSE:PD)
finance.yahoo.com - January 10 at 8:18 AM
News IconRating to Follow: Precision Drilling Corporation (NYSE:PDS) Was Upgraded by Credit Suisse (TSE:PD)
www.whatsonthorold.com - January 4 at 7:56 PM
capitalcube.com logoETFs with exposure to Precision Drilling Corp. : December 22, 2016 (TSE:PD)
www.capitalcube.com - December 22 at 7:29 PM
News IconNumbers in View on Shares of Precision Drilling Corporation (TSX:PD) - Highland Digest (TSE:PD)
highlanddigest.com - December 22 at 1:00 AM
News IconNarrowing in on the Numbers for Precision Drilling Corporation (TSX:PD) - Highland Digest (TSE:PD)
highlanddigest.com - December 20 at 1:36 PM
marketexclusive.com logoAnalyst Activity – Royal Bank Of Canada Raises Its Price Target On Precision Drilling (TSE:PD) to C$9.00 (TSE:PD)
marketexclusive.com - December 18 at 6:37 AM
News IconTrading Indicator Check on Precision Drilling Corporation (PD.TO) - Wall Street Confidential (TSE:PD)
wsconfidential.com - December 18 at 12:42 AM
News IconReviewing the Levels for Precision Drilling Corporation (TSX:PD) - Highland Digest (TSE:PD)
highlanddigest.com - December 17 at 12:55 AM
News IconCompany Spotlight on Shares of Precision Drilling Corporation (TSX:PD) - Highland Digest (TSE:PD)
highlanddigest.com - December 16 at 1:09 AM
finance.yahoo.com logoMoving Average Crossover Alert: Precision Drilling (PDS) (TSE:PD)
finance.yahoo.com - December 15 at 8:08 PM
marketwired.com logoPrecision Drilling Corporation Has Entered Into an Agreement to ... - Marketwired (press release) (TSE:PD)
www.marketwired.com - December 14 at 7:55 PM
News IconChecking the Levels on Shares of Precision Drilling Corporation (TSX:PD) - Stock Newsweek (TSE:PD)
stocknewsweek.com - December 14 at 7:55 PM
News IconInvestor Technical Review for Precision Drilling Corporation (PD.TO) - Wall Street Confidential (TSE:PD)
wsconfidential.com - December 14 at 7:55 PM
News IconInvestor Wire: Keeping an Eye on Precision Drilling Corporation (TSX:PD) - Highland Digest (TSE:PD)
highlanddigest.com - December 14 at 7:55 PM
reuters.com logoBRIEF-Precision Drilling to swap its Canadian coil operations for Essential Energy's rig business (TSE:PD)
www.reuters.com - December 13 at 8:53 AM
finance.yahoo.com logoPrecision Drilling Corporation Has Entered Into an Agreement to Swap Its Canadian Coil Tubing Operations for Essential Energy Services' Service Rig Business (TSE:PD)
finance.yahoo.com - December 13 at 8:53 AM
News IconLevels in Review for Precision Drilling Corporation (TSX:PD) - Stock Newsweek (TSE:PD)
stocknewsweek.com - December 13 at 12:20 AM
News IconTechnical Focus: What's Happening With Shares of Precision Drilling Corporation (PD.TO) - Wall Street Confidential (TSE:PD)
wsconfidential.com - December 13 at 12:20 AM

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What is Precision Drilling's stock symbol?

Precision Drilling trades on the Tornton Stock Exchange (TSX) under the ticker symbol "PD."

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

10 brokerages have issued 1 year price targets for Precision Drilling's shares. Their predictions range from C$7.50 to C$11.00. On average, they expect Precision Drilling's stock price to reach C$8.92 in the next twelve months.

When will Precision Drilling announce their earnings?

Precision Drilling is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

How do I buy Precision Drilling stock?

Shares of Precision Drilling and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Precision Drilling stock cost?

One share of Precision Drilling stock can currently be purchased for approximately C$6.89.

Precision Drilling (TSE:PD) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Precision Drilling (TSE:PD)

Earnings History Chart

Earnings by Quarter for Precision Drilling (TSE:PD)

Dividend History Chart

Dividend Payments by Quarter for Precision Drilling (TSE:PD)

Last Updated on 2/19/2017 by MarketBeat.com Staff