TSE:PD Precision Drilling (PD) Stock Forecast, Price & News C$92.94 +2.74 (+3.04%) (As of 02:44 PM ET) Add Compare Share Share Today's RangeC$91.11▼C$93.0450-Day RangeC$74.53▼C$97.9252-Week RangeC$56.42▼C$116.60Volume53,864 shsAverage Volume96,444 shsMarket CapitalizationC$1.26 billionP/E Ratio9.71Dividend YieldN/APrice TargetC$118.27 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media About Precision Drilling (TSE:PD) StockPrecision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. 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 also offers services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2022, it operated 225 land drilling rigs, including 111 in Canada; 101 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2022, this segment also operated 70 Alpha rigs with commercial AlphaAutomation; and 21 AlphaApps, as well as offers AlphaAnalytics data services and EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreen Fuel Cell. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2022, it operated 135 well completion and workover service rigs, including 125 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 103 wellsite accommodation units; 782 drill camp beds; 654 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More PD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PD Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comPrecision Drilling (TSE:PD) Shares Pass Above 50 Day Moving Average of $87.33September 7, 2023 | proactiveinvestors.comPrecision Drilling strikes $141M deal for CWC Energy ServicesSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."July 29, 2023 | finance.yahoo.comIs Precision Drilling Corporation's (TSE:PD) Latest Stock Performance A Reflection Of Its Financial Health?July 27, 2023 | marketwatch.comShares of Precision Drilling Climb on 2Q Profit, Revenue BeatJuly 27, 2023 | finance.yahoo.comPrecision Drilling (PDS) Q2 Earnings and Revenues Top EstimatesJuly 20, 2023 | finance.yahoo.comPrecision Drilling (PDS) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJuly 19, 2023 | finance.yahoo.comCisco upgraded, Joby downgraded: Wall Street's top analyst callsSeptember 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."July 18, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Tuesday (PD)July 6, 2023 | finance.yahoo.comPrecision Drilling Corporation 2023 Second Quarter Results Conference Call And WebcastJune 8, 2023 | msn.comATB CAPITAL MARKETS Maintains Precision Drilling (TSX:PD) Outperform RecommendationJune 8, 2023 | msn.comTD SECURITIES Upgrades Precision Drilling (TSX:PD)May 31, 2023 | finance.yahoo.com3 Well-Positioned Stocks in the Oil & Gas Drilling IndustryApril 26, 2023 | ca.finance.yahoo.comPrecision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year agoApril 26, 2023 | msn.comPrecision Drilling Clocks 59% Revenue Growth In Q1, Cuts 2023 Capital Spending BudgetApril 26, 2023 | markets.businessinsider.comPrecision Drilling Corp. Turns To Profit In Q1April 26, 2023 | finance.yahoo.comPrecision Drilling Announces 2023 First Quarter Unaudited Financial ResultsApril 26, 2023 | finance.yahoo.comPrecision Drilling (PDS) Beats Q1 Earnings and Revenue EstimatesApril 25, 2023 | msn.comEarnings Preview: Precision DrillingApril 18, 2023 | finance.yahoo.comMany Still Looking Away From Precision Drilling Corporation (TSE:PD)April 14, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Friday (PD)April 13, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Thursday (PD)April 11, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp down on Tuesday (PD)April 10, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Monday (PD)April 6, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp down on Thursday (PD)April 6, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp down on Wednesday (PD)See More Headlines Receive PD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address PD Company Calendar Last Earnings7/27/2023Today9/27/2023Next Earnings (Estimated)10/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas Drilling Sub-IndustryN/A SectorEnergy Current SymbolTSE:PD CUSIPN/A CIKN/A Webwww.precisiondrilling.com Phone+1-403-7164500FaxN/AEmployees4,802Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$118.27 High Stock Price ForecastC$145.00 Low Stock Price ForecastC$74.00 Forecasted Upside/Downside+28.1%Consensus RatingBuy Rating Score (0-4)3.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$9.57 Trailing P/E Ratio9.65 Forward P/E Ratio5.41 P/E Growth-3.24Net IncomeC$156.89 million Net Margins8.15% Pretax MarginN/A Return on Equity12.41% Return on Assets6.20% Debt Debt-to-Equity Ratio76.57 Current Ratio1.49 Quick Ratio1.36 Sales & Book Value Annual SalesC$1.92 billion Price / Sales0.65 Cash FlowC$2.74 per share Price / Cash Flow33.65 Book ValueC$99.11 per share Price / Book0.93Miscellaneous Outstanding Shares13,610,000Free FloatN/AMarket CapC$1.26 billion OptionableNot Optionable Beta3.21 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Kevin A. Neveu B.Sc (Age 62)B.Sc., P.Eng, Pres, CEO & Director Comp: $2.71MMr. Carey Thomas Ford C.F.A.Chief Financial OfficerMr. Shuja U. GorayaChief Technology OfficerMs. Veronica H. FoleyChief Legal and Compliance OfficerMr. Gene C. Stahl (Age 49)Pres of North American Drilling Comp: $1.21MMr. Darren J. RuhrChief Admin. OfficerMs. Lavonne ZdunichDirector of Investor RelationsDustin HoningMang. of Investor Relations & Corp. Devel.Mr. Grant HunterSr. VP of North American Drilling OperationMr. Ross Steven Pickering (Age 77)Sr. VP of Global Operations Excellence More ExecutivesKey CompetitorsEnsign Energy ServicesTSE:ESIPHX Energy ServicesTSE:PHXCardinal EnergyTSE:CJShawcorTSE:SCLPason SystemsTSE:PSIView All CompetitorsInsidersCarey Thomas FordSold 10,617 sharesTotal: C$691,166.70 ($65.10/share)Veronica H. FoleySold 6,778 sharesTotal: C$441,247.80 ($65.10/share)View All Insider Transactions PD Stock - Frequently Asked Questions Should I buy or sell Precision Drilling stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PD shares. View PD analyst ratings or view top-rated stocks. What is Precision Drilling's stock price forecast for 2023? 9 Wall Street research analysts have issued 1 year price objectives for Precision Drilling's shares. Their PD share price forecasts range from C$74.00 to C$145.00. On average, they predict the company's share price to reach C$118.27 in the next year. This suggests a possible upside of 28.1% from the stock's current price. View analysts price targets for PD or view top-rated stocks among Wall Street analysts. How have PD shares performed in 2023? Precision Drilling's stock was trading at C$103.71 on January 1st, 2023. Since then, PD shares have decreased by 10.9% and is now trading at C$92.36. View the best growth stocks for 2023 here. When is Precision Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our PD earnings forecast. How were Precision Drilling's earnings last quarter? Precision Drilling Co. (TSE:PD) released its quarterly earnings data on Thursday, July, 27th. The company reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.32. The firm earned $425.62 million during the quarter, compared to the consensus estimate of $404.07 million. Precision Drilling had a trailing twelve-month return on equity of 12.41% and a net margin of 8.15%. When did Precision Drilling's stock split? Shares of Precision Drilling 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 closing bell on Wednesday, November 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. 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 CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Gran Tierra Energy (GTE), Och-Ziff Capital Management Group (OZM) and ALJ Regional (ALJJ). What is Precision Drilling's stock symbol? Precision Drilling trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PD." How do I buy shares of Precision Drilling? Shares of PD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Precision Drilling's stock price today? One share of PD stock can currently be purchased for approximately C$92.36. How much money does Precision Drilling make? Precision Drilling (TSE:PD) has a market capitalization of C$1.26 billion and generates C$1.92 billion in revenue each year. The company earns C$156.89 million in net income (profit) each year or C$9.57 on an earnings per share basis. How many employees does Precision Drilling have? The company employs 4,802 workers across the globe. How can I contact Precision Drilling? Precision Drilling's mailing address is 150 6 Ave SW Suite 4200, CALGARY, AB T2P 3Y7, Canada. The official website for the company is www.precisiondrilling.com. The company can be reached via phone at +1-403-7164500. This page (TSE:PD) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Precision Drilling Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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