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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:PD
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$1.49 billion
  • Outstanding Shares: 293,238,000
Average Prices:
  • 50 Day Moving Avg: C$5.53
  • 200 Day Moving Avg: C$6.57
  • 52 Week Range: C$4.66 - C$8.21
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.52
Sales & Book Value:
  • Annual Revenue: C$995.48 million
  • Price / Sales: 1.50
  • Book Value: C$6.61 per share
  • Price / Book: 0.77
Profitability:
  • EBIDTA: C$214.17 million
Misc:
  • Average Volume: 1.65 million shs.
  • Short Ratio: 2.67
 

Frequently Asked Questions for Precision Drilling (TSE:PD)

What is Precision Drilling's stock symbol?

Precision Drilling trades on the Tornton 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 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. The business earned $584.59 million during the quarter, compared to analysts' expectations of $589.29 million. 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 Wednesday, July, 19th 2017. View Earnings Estimates for Precision Drilling.

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

10 brokers have issued twelve-month target prices for Precision Drilling's shares. Their forecasts range from C$7.00 to C$11.00. On average, they expect Precision Drilling's stock price to reach C$8.86 in the next twelve months. View Analyst Ratings for Precision Drilling.

Who are some of Precision Drilling's key competitors?

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$5.08.

Analyst Ratings

Consensus Ratings for Precision Drilling (TSE:PD) (?)
Ratings Breakdown: 3 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.70)
Consensus Price Target: C$8.86

Analysts' Ratings History for Precision Drilling (TSE:PD)
Show:
DateFirmActionRatingPrice TargetDetails
4/26/2017Raymond James Financial, Inc.Lower Price TargetOutperformC$7.40 -> C$7.20View Rating Details
4/25/2017ScotiabankReiterated RatingSector PerformC$8.00View Rating Details
4/25/2017BMO Capital MarketsReiterated RatingOutperformC$9.00View Rating Details
3/9/2017Citigroup IncLower Price TargetC$8.25 -> C$7.00View Rating Details
2/10/2017Royal Bank of CanadaReiterated RatingOutperformC$9.00View Rating Details
2/10/2017CIBCBoost Price TargetC$10.50 -> C$11.00View 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
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
12/14/2016TD SecuritiesReiterated RatingBuyC$9.50View Rating Details
6/22/2016AltaCorp CapitalReiterated RatingOutperformView Rating Details
4/1/2016Howard WeilDowngradeSector Perform -> UnderperformView Rating Details
3/14/2016FirstEnergy 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
1/8/2016JPMorgan Chase & Co.Lower 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 5/27/2015 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
7/19/2017        
10/27/2014$0.17$0.18$589.29 million$584.59 millionViewN/AView Earnings Details
7/24/2014$0.02($0.02)$458.02 million$475.17 millionViewN/AView Earnings Details
4/28/2014$0.37$0.35$669.31 million$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: ($0.59)
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)($0.08)($0.14)
Q4 20174($0.16)$0.00($0.08)
Q1 20181($0.04)($0.04)($0.04)
(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
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:
DateHeadline
finance.yahoo.com logoPrecision Drilling Corporation Announces Voting Results from the 2017 Annual and Special Meeting of Shareholders
finance.yahoo.com - May 17 at 7:04 PM
reuters.com logoBRIEF-Precision Drilling expects Canadian activity to be at trough levels for the year
www.reuters.com - May 15 at 9:56 AM
americanbankingnews.com logoPrecision Drilling Co. (PD) Receives C$8.86 Average Price Target from Brokerages
www.americanbankingnews.com - May 5 at 11:20 PM
americanbankingnews.com logoPrecision Drilling Co. (PD) to Post Q2 2017 Earnings of ($0.22) Per Share, Jefferies Group Forecasts
www.americanbankingnews.com - May 5 at 7:44 AM
americanbankingnews.com logoPrecision Drilling Co. (PD) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 2 at 6:16 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Precision Drilling Co.'s Q2 2017 Earnings (PD)
www.americanbankingnews.com - April 27 at 7:50 AM
americanbankingnews.com logoCormark Brokers Boost Earnings Estimates for Precision Drilling Co. (PD)
www.americanbankingnews.com - April 26 at 4:46 PM
americanbankingnews.com logoRaymond James Financial, Inc. Lowers Precision Drilling Co. (PD) Price Target to C$7.20
www.americanbankingnews.com - April 26 at 3:10 PM
americanbankingnews.com logoRaymond James Financial, Inc. Reaffirms Market Perform Rating for Precision Drilling Co. (PD)
www.americanbankingnews.com - April 25 at 8:20 PM
americanbankingnews.com logoPrecision Drilling's (PD) "Sector Perform" Rating Reaffirmed at Scotiabank
www.americanbankingnews.com - April 25 at 8:20 PM
americanbankingnews.com logoPrecision Drilling Co. (PD) Given Outperform Rating at BMO Capital Markets
www.americanbankingnews.com - April 25 at 8:20 PM
finance.yahoo.com logoEdited Transcript of PD.TO earnings conference call or presentation 24-Apr-17 6:00pm GMT
finance.yahoo.com - April 25 at 8:02 AM
marketbeat.com logoPrecision Drilling reports 1Q loss
marketbeat.com - April 24 at 6:18 AM
finance.yahoo.com logoPrecision Drilling Corp. – Value Analysis (TORONTO:PD) : April 13, 2017
finance.yahoo.com - April 13 at 6:56 PM
finance.yahoo.com logoPrecision Drilling Corp. breached its 50 day moving average in a Bullish Manner : PD-CA : April 12, 2017
finance.yahoo.com - April 12 at 1:14 PM
americanbankingnews.com logoPrecision Drilling Co. (PD) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 5 at 6:52 PM
finance.yahoo.com logoPrecision Drilling Corporation 2017 First Quarter Results Conference Call and Webcast
finance.yahoo.com - April 3 at 6:32 PM
finance.yahoo.com logoTop Ranked Momentum Stocks to Buy for February 16th
finance.yahoo.com - March 2 at 8:44 AM
News IconBRIEF-Precision Drilling Q4 loss per share C$0.10
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
finance.yahoo.com - February 10 at 8:07 PM
seekingalpha.com logoPrecision Drilling's (PDS) CEO Kevin Neveu on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 1:45 AM
theglobeandmail.com logoPrecision Drilling optimistic about oil industry as it posts smaller quarterly loss
www.theglobeandmail.com - February 9 at 8:44 PM
nasdaq.com logoPrecision Drilling posts smaller quarterly loss
www.nasdaq.com - February 9 at 8:44 PM
reuters.com logoPrecision Drilling confident oil industry is stabilizing - Reuters
www.reuters.com - February 9 at 8:44 PM
finance.yahoo.com logoPrecision Drilling expects to charge higher for rigs
finance.yahoo.com - February 9 at 8:44 PM
biz.yahoo.com logoQ4 2016 Precision Drilling Corp Earnings Release - Before Market Open
biz.yahoo.com - February 9 at 8:44 PM
finance.yahoo.com logoPrecision Drilling Announces Management Changes
finance.yahoo.com - January 10 at 8:18 AM
finance.yahoo.com logoMoving Average Crossover Alert: Precision Drilling (PDS)
finance.yahoo.com - December 15 at 8:08 PM

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Chart

Precision Drilling (PD) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff