Precision Drilling Corporation provides oil and natural gas drilling and related services and products. 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's services include land drilling, directional drilling, 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, 2016, this segment operated 255 land drilling rigs, including 135 in Canada; 103 in the United States; 5 in Mexico; 4 in Saudi Arabia; 5 in Kuwait; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment offers completion and workover services, and ancillary services to oil and natural gas exploration and production companies. It provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; snubbing units for pressure control services; camp and catering services; and water system services. This segment also engages in the rental of oilfield surface equipment, and wellsite accommodations. This segment operated 196 well completion and workover service rigs, and 11 snubbing units in Canada and the United States; approximately 2,200 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 43 drilling camps and 4 base camps in Canada; and 10 large-flow wastewater treatment units, 24 pump houses, and 8 potable water production units in Canada. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Oil & Gas Equipment & Services
Sub-IndustryN/A
SectorEnergy
Current SymbolTSE:PD
Previous Symbol
CUSIPN/A
Phone+1-403-7164500
Debt
Debt-to-Equity Ratio98.19
Current Ratio1.85
Quick Ratio1.73
Price-To-Earnings
Trailing P/E Ratio-5.15
Forward P/E Ratio-27.89
P/E Growth0.22
Sales & Book Value
Annual SalesC$1.46 billion
Price / Sales0.50
Cash FlowC$0.35 per share
Price / Cash Flow7.09
Book ValueC$5.89 per share
Price / Book0.43
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees4,851
Outstanding Shares293,782,000
Market CapC$0.00
OptionableNot Optionable
Precision Drilling (TSE:PD) Frequently Asked Questions
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 Corp (TSE:PD) announced its earnings results on Thursday, October, 25th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.02. The business earned $382.46 million during the quarter, compared to the consensus estimate of $395.40 million. View Precision Drilling's Earnings History.
When is Precision Drilling's next earnings date?
What price target have analysts set for PD?
7 equities research analysts have issued twelve-month price objectives for Precision Drilling's stock. Their predictions range from C$4.00 to C$7.50. On average, they anticipate Precision Drilling's share price to reach C$5.62 in the next twelve months. This suggests a possible upside of 124.0% from the stock's current price. View Analyst Price Targets for Precision Drilling.
What is the consensus analysts' recommendation for Precision Drilling?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Precision Drilling.
Has Precision Drilling been receiving favorable news coverage?
Headlines about PD stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Precision Drilling earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of Precision Drilling's key competitors?
Some companies that are related to Precision Drilling include ADES International (ADES), AKASTOR ASA/ADR (AKKVY), Aveda Transportation and Energy Svcs (AVE), Boart Longyear (BLY), Bri-Chem (BRY), China New Energy (CNEL), ClearStream Energy Services (CSM), CWC Energy Services (CWC), Dalmac Energy (DAL), Divestco (DVT), Enerflex (EFX), Enteq Upstream (NTQ), Essential Energy Services (EEYUF), Essential Energy Services (ESN) and Frontier Oilfield Services (FOSI).
Who are Precision Drilling's key executives?
Precision Drilling's management team includes the folowing people:
- Mr. Kevin A. Neveu B.Sc, P.Eng, Pres, CEO & Director (Age 57)
- Mr. Carey Thomas Ford, Sr. VP & CFO
- Mr. Douglas B. Evasiuk, Sr. VP of Sales & Marketing - North America
- Mr. Grant Hunter, Sr. VP of US Operations
- Mr. Gene C. Stahl, Pres of Drilling Operations (Age 44)
How do I buy shares of Precision Drilling?
Shares of PD 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 PD stock can currently be purchased for approximately C$2.51.
What is Precision Drilling's official website?
How can I contact Precision Drilling?
Precision Drilling's mailing address is 150 6 Ave SW Suite 4200, CALGARY, AB T2P 3Y7, Canada. The company can be reached via phone at +1-403-7164500.
MarketBeat Community Rating for Precision Drilling (TSE PD)
MarketBeat's community ratings are surveys of what our community members think about Precision Drilling and other stocks. Vote "Outperform" if you believe PD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PD will underperform the S&P 500 over the long term. You may vote once every thirty days.
