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Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Laser breakthrough could send stock soaring 2,467% (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
AT&T will give $5 to customers hit by cellphone network outage
TSE:PD

Precision Drilling (PD) Stock Price, News & Analysis

C$80.91
-1.04 (-1.27%)
(As of 02/23/2024 ET)
Today's Range
C$79.93
C$82.15
50-Day Range
C$69.59
C$86.54
52-Week Range
C$56.42
C$100.23
Volume
58,371 shs
Average Volume
87,107 shs
Market Capitalization
C$1.16 billion
P/E Ratio
4.14
Dividend Yield
0.35%
Price Target
C$121.08

Precision Drilling MarketRank™ Stock Analysis

Analyst Rating
Buy
3.10 Rating Score
Upside/​Downside
49.7% Upside
C$121.08 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.18mentions of Precision Drilling in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$1.33 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.25 out of 5 stars


PD stock logo

About Precision Drilling Stock (TSE:PD)

Precision 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.

PD Stock Price History

PD Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Precision Drilling Corp.
PD:CA Precision Drilling Corporation
Precision Drilling Corp PD
See More Headlines
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Company Calendar

Today
2/25/2024
Next Earnings (Estimated)
4/24/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Drilling
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,802
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$121.08
High Stock Price Target
C$140.00
Low Stock Price Target
C$90.00
Potential Upside/Downside
+49.7%
Consensus Rating
Buy
Rating Score (0-4)
3.10
Research Coverage
10 Analysts

Profitability

Net Income
C$289.24 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.94 billion
Cash Flow
C$2.40 per share
Book Value
C$111.88 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.16 billion
Optionable
Not Optionable
Beta
2.92

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Key Executives

  • Mr. Kevin A. Neveu B.Sc. (Age 63)
    P.Eng, President, CEO & Director
    Comp: $2.71M
  • Mr. Carey Thomas Ford C.F.A.
    Chief Financial Officer
  • Mr. Shuja U. Goraya
    Chief Technology Officer
  • Ms. Veronica H. Foley
    Chief Legal and Compliance Officer
  • Mr. Gene C. Stahl (Age 50)
    President of North American Drilling
    Comp: $1.21M
  • Mr. Darren J. Ruhr
    Chief Administrative Officer
  • Ms. Lavonne Zdunich
    Director of Investor Relations
  • Dustin Honing
    Manager of Investor Relations & Corporate Development
  • Mr. Grant Hunter
    Senior Vice President of North American Drilling Operation
  • Mr. Ross Steven Pickering (Age 78)
    Senior Vice President of Global Operations Excellence














PD Stock Analysis - Frequently Asked Questions

Should I buy or sell Precision Drilling stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 9 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 target for 2024?

10 brokers have issued 1-year price targets for Precision Drilling's shares. Their PD share price targets range from C$90.00 to C$140.00. On average, they expect the company's stock price to reach C$121.08 in the next twelve months. This suggests a possible upside of 49.7% 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 2024?

Precision Drilling's stock was trading at C$71.96 at the beginning of 2024. Since then, PD stock has increased by 12.4% and is now trading at C$80.91.
View the best growth stocks for 2024 here
.

When is Precision Drilling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our PD earnings forecast
.

Is Precision Drilling a good dividend stock?

Precision Drilling (TSE:PD) pays an annual dividend of C$0.28 per share and currently has a dividend yield of 5.87%. PD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PD.

When did Precision Drilling's stock split?

Shares of Precision Drilling reverse split 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?
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.

This page (TSE:PD) was last updated on 2/25/2024 by MarketBeat.com Staff