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: $6.45
  • 50 Day Moving Average: $5.52
  • 200 Day Moving Average: $5.94
  • 52-Week Range: C$3.42 - C$7.71
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.59
  • Market Cap: $1.89B
  • Outstanding Shares: 293,238,000
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$6.71

Analysts' Ratings History for Precision Drilling (TSE:PD)
DateFirmActionRatingPrice TargetDetails
10/25/2016Deutsche Bank AGBoost Price TargetHoldC$5.00 -> C$6.00View Rating Details
10/24/2016Canaccord GenuityBoost Price TargetHoldC$6.75 -> C$7.25View Rating Details
10/24/2016TD SecuritiesBoost Price TargetC$7.00 -> C$8.00View Rating Details
10/24/2016Royal Bank Of CanadaReiterated RatingOutperformC$8.00View Rating Details
8/24/2016CIBCReiterated RatingSector OutperformC$7.50View Rating Details
7/25/2016ScotiabankReiterated RatingUnderperformC$6.00View 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
3/14/2016FirstEnergy 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 10/26/2014 forward)


Earnings History for Precision Drilling (TSE:PD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Precision Drilling (TSE:PD)
Current Year EPS Consensus Estimate: $-0.45 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)


Dividend History for Precision Drilling (TSE:PD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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)


Latest Headlines for Precision Drilling (TSE:PD)
News IconPrecision Drilling re-hires 1,000 workers amid increased oil patch activity (TSE:PD) - October 25 at 6:46 PM
News IconTechnical Analysis Focus: RSI Watch for Precision Drilling Corporation (PD.TO) - Wall Street Confidential (TSE:PD) - October 24 at 6:26 PM
News IconClarus Securities Weighs in on Precision Drilling Co.'s FY2016 Earnings (PD) - DailyQuint (TSE:PD) - October 24 at 12:12 PM
News IconPrecision Drilling posts Q3 loss but foresees improved rig bookings for 2017 (TSE:PD) - October 22 at 6:14 PM
News IconPrecision Drilling rehires 1,000 people as oilfield activity improves (TSE:PD) - October 22 at 6:14 PM logoTSX Up 74 Points at Midday As Materials, Energy Climb - Nasdaq (TSE:PD) - October 22 at 10:44 AM
News IconChart Focus: Eye on Technicals for Precision Drilling Corporation (PD.TO) - Yankee Analysts (TSE:PD) - October 22 at 10:44 AM logoPrecision Drilling Q3 Loss Wider Than Estimates; Revenue Down 45% - Nasdaq (TSE:PD) - October 22 at 10:44 AM logoEdited Transcript of PD.TO earnings conference call or presentation 21-Oct-16 6:00pm GMT (TSE:PD) - October 22 at 10:44 AM
News IconPrecision Drilling had $47 million net loss for third quarter (TSE:PD) - October 21 at 6:45 PM logoPrecision Drilling Q3 Loss Wider Than Estimates; Revenue Down 45% (TSE:PD) - October 21 at 10:14 AM
News IconPrecision Drilling Corporation (NYSE:PDS) Analyst Review (TSE:PD) - October 21 at 10:14 AM logoPrecision Drilling raises capex after smaller than expected loss, but warns optimism remains ‘fragile’ (TSE:PD) - October 21 at 10:14 AM logoPrecision Drilling narrows loss while revenue sinks (TSE:PD) - October 21 at 10:14 AM
News IconNew Broker Views On Precision Drilling Corporation (NYSE:PDS) (TSE:PD) - October 21 at 10:14 AM logoQ3 2016 Precision Drilling Corp Earnings Release - Before Market Open (TSE:PD) - October 21 at 10:14 AM
News IconHow Analysts Feel About Precision Drilling Corporation After Today's Huge Increase? - Frisco Fastball (TSE:PD) - October 20 at 12:31 PM logoPrecision Drilling Corporation : quaterly earnings release (TSE:PD) - October 18 at 12:00 PM
News IconStocks Under Review – Precision Drilling, (NYSE:PDS), NRG ... - Money News (TSE:PD) - October 13 at 6:51 PM
News IconPrecision Drilling's (PD) “Outperform” Rating Reiterated at Royal Bank Of Canada - DailyQuint (TSE:PD) - October 13 at 6:51 PM logoInvestor's Alert Merck & Co., Inc. (NYSE:MRK), Precision Drilling Corp (USA) (NYSE:PDS) - Wall Street 24 (TSE:PD) - October 10 at 6:16 PM
News IconPrecision Drilling Co. (PD) Rating Reiterated by Royal Bank Of Canada - DailyQuint (TSE:PD) - October 10 at 6:16 PM
News IconPrairie farmers take financial hit as oil and gas slowdown stalls drilling rigs (TSE:PD) - October 9 at 10:55 AM
News IconWorth Watching Stocks News Buzz: Frontier Communications Corp (NASDAQ:FTR), Precision Drilling Corp (USA ... - NYSE Journal (press release) (TSE:PD) - October 7 at 6:27 PM logoETF’s with exposure to Precision Drilling Corp. : October 7, 2016 (TSE:PD) - October 7 at 11:54 AM
News IconSizzling Stocks Alert – Taiwan Semiconductor, (NYSE:TSM), Precision Drilling, (NYSE:PDS) - Financial Breaking News (TSE:PD) - October 6 at 12:16 PM logoPrecision Drilling Corp. breached its 50 day moving average in a Bullish Manner : PD-CA : October 6, 2016 (TSE:PD) - October 6 at 12:16 PM logoPrecision Drilling Corporation —…–6 Third Quarter Results Conference Call and Webcast - (TSE:PD) - September 29 at 11:51 AM
News IconAnalysts' Recommendations Stocks Watch List: Cosi Inc (NASDAQ:COSI) & Precision Drilling Corp (USA) (NYSE:PDS) - Money News (TSE:PD) - September 29 at 11:51 AM logoCanada stocks higher at close of trade; S&P/TSX Composite up 1.19% - (TSE:PD) - September 28 at 6:28 PM logoForm 6-K PRECISION DRILLING Corp For: Sep 28 - (TSE:PD) - September 28 at 6:28 PM logoPrecision Drilling Corporation 2016 Third Quarter Results Conference Call and Webcast (TSE:PD) - September 28 at 11:44 AM logoPrecision Drill is Now Oversold (PD) - Forbes (TSE:PD) - September 19 at 6:40 PM
News IconPrecision Drilling Co. Expected to Earn Q2 2016 Earnings of ($0.30 ... - DailyQuint (TSE:PD) - September 18 at 6:15 PM
News IconPrecision Drilling Co. to Post Q1 2018 Earnings of ($0.04) Per Share ... - DailyQuint (TSE:PD) - September 17 at 11:06 AM
News IconToday Precision Drilling Corporation Stock Crashes - Frisco Fastball (TSE:PD) - September 14 at 11:00 AM
News IconThe Untold Story of the Iraq War's Disastrous Toll on the City of New Orleans - Slate Magazine (TSE:PD) - September 7 at 6:51 PM logoJefferies Boosts Rating On Precision Drilling Corporation (PDS) (TSE:PD) - September 6 at 11:27 AM
News IconFour Corners Motorcycle Rally: Wondrous weather, terrific turnout - The Durango Herald (TSE:PD) - September 5 at 10:50 AM logo3 Top Drilling Stocks to Buy for Higher Rig Activity (TSE:PD) - August 30 at 10:01 AM logoEnergy Sector Update for 08/24/2016: CMG.TO, SCL.TO, PD.TO, PSI.TO - Nasdaq (TSE:PD) - August 25 at 11:51 AM logoTop 5 Oil Drilling Stocks of 2016 (PKD, PTEN) (TSE:PD) - August 24 at 6:29 PM
News IconCancelled rig contracts boost Trinidad Drilling revenue in second ... - (TSE:PD) - August 5 at 9:50 AM
News IconTrinidad Drilling made more from cancelled rig contracts than actual drilling work in Q2 (TSE:PD) - August 4 at 7:14 PM
News IconTrinidad Drilling made more from cancelled rig contracts than actual drilling work in Q2 - (TSE:PD) - August 3 at 7:06 PM logoHow an Elite New York Police Unit Rehearses for a Terrorist Attack - New York Times (TSE:PD) - July 31 at 6:13 PM logoPrecision Drilling Corporation Announces Filing of a Preliminary ... - MarketWatch (TSE:PD) - July 30 at 9:38 AM logoBRIEF-Precision Drilling files for mixed shelf offering of $1 bln (TSE:PD) - July 28 at 7:00 PM
News IconPrecision Drilling Q2 loss doubles as revenue falls by half (TSE:PD) - July 22 at 6:36 PM logoA statement released today by Deutsche Bank about (TSE:PD) Precision Drilling Corporation lowers the target price to $5 (TSE:PD) - July 22 at 6:36 PM


Precision Drilling (TSE:PD) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff