Precision Drilling Company Profile (TSE:PD)

About Precision Drilling (TSE:PD)

Precision Drilling logoPrecision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: N/A
  • Symbol: TSE:PD
  • CUSIP: N/A
  • Web: www.precisiondrilling.com
Capitalization:
  • Market Cap: C$906.11 million
  • Outstanding Shares: 293,238,000
Average Prices:
  • 50 Day Moving Avg: C$3.47
  • 200 Day Moving Avg: C$4.30
  • 52 Week Range: C$3.01 - C$8.21
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.31
Sales & Book Value:
  • Annual Revenue: C$1.11 billion
  • Price / Sales: 0.82
  • Book Value: C$6.46 per share
  • Price / Book: 0.48
Profitability:
  • EBITDA: C$246.69 million
  • Net Margins: -13.11%
  • Return on Equity: -7.57%
  • Return on Assets: -3.48%
Misc:
  • Average Volume: 2.12 million shs.
  • Short Ratio: 4.47
 

Frequently Asked Questions for Precision Drilling (TSE:PD)

What is Precision Drilling's stock symbol?

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

How were Precision Drilling's earnings last quarter?

Precision Drilling Co. (TSE:PD) released its quarterly earnings results on Monday, October, 27th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. The business earned $584.59 million during the quarter, compared to analyst estimates of $589.29 million. Precision Drilling had a negative net margin of 13.11% and a negative return on equity of 7.57%. View Precision Drilling's Earnings History.

When will Precision Drilling make its next earnings announcement?

Precision Drilling is scheduled to release their next quarterly earnings announcement on Friday, October, 27th 2017. View Earnings Estimates for Precision Drilling.

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

8 analysts have issued 12 month target prices for Precision Drilling's shares. Their forecasts range from C$4.00 to C$9.00. On average, they expect Precision Drilling's stock price to reach C$6.55 in the next year. View Analyst Ratings for Precision Drilling.

Who are some of Precision Drilling's key competitors?

Who are Precision Drilling's key executives?

Precision Drilling's management team includes the folowing people:

  • Steven Wayne Krablin, Independent Chairman of the Board
  • Kevin A. Neveu, President, Chief Executive Officer, Non-Independent Director
  • Carey T. Ford, Chief Financial Officer, Senior Vice President
  • Gene C. Stahl, President - Drilling Operations
  • Veronica H. Foley, Senior Vice President, General Counsel, Corporate Secretary
  • Douglas B. Evasiuk, Senior Vice President - Sales and Marketing, North America
  • Darren J. Ruhr, Senior Vice President - Corporate Services
  • Susan M. MacKenzie, Director
  • William T. Donovan, Independent Director
  • Brian J. Gibson, Independent Director

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.

What is Precision Drilling's stock price today?

One share of Precision Drilling stock can currently be purchased for approximately C$3.09.


MarketBeat Community Rating for Precision Drilling (TSE PD)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  459
MarketBeat's community ratings are surveys of what our community members think about Precision Drilling and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Precision Drilling (TSE:PD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: C$6.55
Consensus Price Target History for Precision Drilling (TSE:PD)
Price Target History for Precision Drilling (TSE:PD)
Analysts' Ratings History for Precision Drilling (TSE:PD)
Show:
DateFirmActionRatingPrice TargetDetails
10/20/2017CIBCLower Price TargetC$8.00 -> C$7.00View Rating Details
10/10/2017Deutsche Bank AGReiterated RatingHoldC$4.00View Rating Details
10/6/2017Royal Bank Of CanadaLower Price TargetOutperformC$7.00 -> C$6.00View Rating Details
9/12/2017TD SecuritiesReiterated RatingBuyC$6.00View Rating Details
8/22/2017Raymond James Financial, Inc.Lower Price TargetSpeculative BuyC$6.50 -> C$5.75View Rating Details
8/2/2017Canaccord GenuityLower Price TargetC$4.75 -> C$4.25View Rating Details
8/1/2017BMO Capital MarketsLower Price TargetOutperformC$9.00 -> C$6.00View Rating Details
4/25/2017ScotiabankReiterated RatingSector PerformC$8.00View Rating Details
3/9/2017Citigroup Inc.Lower Price TargetC$8.25 -> C$7.00View Rating Details
12/20/2016Evercore ISIBoost Price TargetC$8.00 -> C$9.00View Rating Details
12/20/2016Evercore IncBoost Price TargetC$8.00 -> C$9.00View 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
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Precision Drilling (TSE:PD)
Earnings by Quarter for Precision Drilling (TSE:PD)
Earnings History by Quarter for Precision Drilling (TSE PD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2017C($0.11)N/AView Earnings Details
10/27/2014C$0.17C$0.18C$589.29 millionC$584.59 millionViewN/AView Earnings Details
7/24/2014C$0.02C($0.02)C$458.02 millionC$475.17 millionViewN/AView Earnings Details
4/28/2014C$0.37C$0.35C$669.31 millionC$672.25 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Precision Drilling (TSE:PD)
2017 EPS Consensus Estimate: ($0.64)
2018 EPS Consensus Estimate: ($0.25)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.24)($0.12)($0.15)
Q2 20175($0.33)($0.18)($0.22)
Q3 20174($0.22)($0.11)($0.15)
Q4 20174($0.16)($0.07)($0.12)
Q1 20183($0.10)$0.02($0.04)
Q2 20182($0.16)($0.11)($0.14)
Q3 20182($0.08)($0.03)($0.06)
Q4 20182($0.06)$0.03($0.02)
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Precision Drilling (TSE:PD)
Insider Trades by Quarter for Precision Drilling (TSE:PD)
Insider Trades by Quarter for Precision Drilling (TSE:PD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/28/2017Kevin A NeveuDirectorBuy10,000C$3.13C$31,300.00
8/18/2017Steven Wayne KrablinDirectorBuy10,000C$2.63C$26,300.00
8/1/2017Brian James GibsonDirectorBuy35,000C$3.58C$125,300.00
3/15/2017Veronica H FoleyInsiderBuy5,000C$4.43C$22,150.00
3/14/2017Carey Thomas FordDirectorBuy7,000C$4.37C$30,590.00
2/28/2017Carey Thomas FordDirectorBuy8,900C$5.06C$45,034.00
2/28/2017Veronica H FoleyInsiderBuy5,000C$5.10C$25,500.00
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

Headline Trends for Precision Drilling (TSE:PD)
Latest Headlines for Precision Drilling (TSE:PD)
Source:
Loading headlines, please wait.

Social

Chart

Precision Drilling (PD) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.