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:
  • Market Cap: C$911.97 million
  • Outstanding Shares: 293,238,000
Average Prices:
  • 50 Day Moving Avg: C$3.47
  • 200 Day Moving Avg: C$4.33
  • 52 Week Range: C$3.01 - C$8.21
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.34
Sales & Book Value:
  • Annual Revenue: C$1.11 billion
  • Price / Sales: 0.82
  • Book Value: C$6.46 per share
  • Price / Book: 0.48
  • EBITDA: C$246.69 million
  • Net Margins: -13.11%
  • Return on Equity: -7.57%
  • Return on Assets: -3.48%
  • Average Volume: 2.15 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 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 data on Monday, October, 27th. The company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.01. The firm had revenue of $584.59 million for 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 twelve-month target prices for Precision Drilling's shares. Their forecasts range from C$4.00 to C$11.00. On average, they anticipate Precision Drilling's share price to reach C$6.91 in the next twelve months. 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$3.11.

MarketBeat Community Rating for Precision Drilling (TSE PD)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  458
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$6.91
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)
DateFirmActionRatingPrice TargetDetails
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
7/20/2017CIBCBoost Price TargetC$8.00 -> C$11.00View 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 10/19/2015 forward)


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
10/19/2017C($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)


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)


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


Headline Trends for Precision Drilling (TSE:PD)
Latest Headlines for Precision Drilling (TSE:PD)
DateHeadline logoJefferies Group Research Analysts Cut Earnings Estimates for Precision Drilling Co. (PD) - October 18 at 8:00 AM logoJefferies Group Comments on Precision Drilling Co.'s Q2 2018 Earnings (PD) - October 17 at 11:48 AM logoPrecision Drilling Co. (PD) Scheduled to Post Quarterly Earnings on Thursday - October 12 at 2:12 AM logoPrecision Drilling's (PD) Hold Rating Reiterated at Deutsche Bank AG - October 10 at 1:22 PM logoRoyal Bank Of Canada Lowers Precision Drilling Co. (PD) Price Target to C$6.00 - October 6 at 1:44 PM logoPrecision Drilling Corp. breached its 50 day moving average in a Bearish Manner : PD-CA : October 5, 2017 - October 5 at 3:20 PM logoPrecision Drilling Corporation 2017 Third Quarter Results Conference Call and Webcast - October 3 at 10:29 AM logoPrecision Drilling Co. (PD) Given Average Rating of "Buy" by Brokerages - October 1 at 6:50 PM logoPrecision Drilling Corp. – Value Analysis (TORONTO:PD) : September 22, 2017 - September 23 at 9:22 AM logoPrecision Drilling Corporation (PDS) Jumps: Stock Rises 5.3% - September 22 at 8:39 AM logoPrecision Drilling Corp. breached its 50 day moving average in a Bullish Manner : PD-CA : September 21, 2017 - September 22 at 8:39 AM logoPrecision Drilling Corporation Announces Addition of New Director - September 22 at 8:39 AM logoA Petroleum Pair Trade: Precision Drilling Vs. Sanchez Energy - September 19 at 6:23 AM logoPrecision Drilling Hits US$150,000 Donation Target in Support of U.S. Gulf Coast Relief Efforts - September 19 at 6:22 AM logoUpdate: TSX Gains 45 Points in Broad-Based Advance Paced by Stronger Energy Stocks - Nasdaq - September 15 at 7:25 AM logoTD Securities Reiterates "C$6.00" Price Target for Precision Drilling Co. (PD) - September 12 at 3:48 PM logoPrecision Drilling Co. (PD) Receives Consensus Rating of "Buy" from Analysts - September 6 at 9:04 PM logoPRECISION DRILLING CORPORATION - September 1 at 7:03 AM logoBRIEF-Precision Drilling provides hurricane Harvey's impact on operations - September 1 at 7:03 AM logoPrecision Drilling Announces US$100,000 Pledge to U.S. Gulf Coast Relief Efforts and Provides U.S. Operational Update - September 1 at 7:03 AM logoKevin A. Neveu Purchases 10,000 Shares of Precision Drilling Co. (PD) Stock - August 28 at 10:22 PM logoRaymond James Financial, Inc. Trims Precision Drilling Co. (PD) Target Price to C$5.75 - August 22 at 2:36 PM logoSteven Wayne Krablin Acquires 10,000 Shares of Precision Drilling Co. (PD) Stock - August 18 at 1:22 PM logoPrecision Drilling Co. (TSE:PD) Given Consensus Recommendation of "Buy" by Analysts - August 12 at 8:58 PM logoQ3 2017 EPS Estimates for Precision Drilling Co. Reduced by Jefferies Group (TSE:PD) - August 4 at 7:02 AM logoPrecision Drilling Co. to Post FY2020 Earnings of $1.25 Per Share, Jefferies Group Forecasts (PD) - August 3 at 4:58 PM logoEquities Analysts Set Expectations for Precision Drilling Co.'s Q3 2017 Earnings (TSE:PD) - August 3 at 7:42 AM logoPrecision Drilling Corp. :PD-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017 - August 3 at 6:50 AM logoQ3 2018 Earnings Forecast for Precision Drilling Co. (TSE:PD) Issued By Cormark - August 2 at 3:50 PM logoEdited Transcript of PD.TO earnings conference call or presentation 31-Jul-17 6:00pm GMT - August 2 at 6:51 AM logoEdited Transcript of PD.TO earnings conference call or presentation 31-Jul-17 6:00pm GMT - August 2 at 6:51 AM logoPrecision Drilling Co. (TSE:PD) PT Lowered to C$6.00 at BMO Capital Markets - August 1 at 2:38 PM logoPrecision Drilling Co. (TSE:PD) Director Acquires C$125,300.00 in Stock - August 1 at 1:22 PM logoPrecision Drilling reports 2Q loss - August 1 at 1:27 AM logoPrecision Drilling Co. (PD) to Release Earnings on Monday - July 27 at 4:59 PM logoThursday's ETF with Unusual Volume: IPW - Nasdaq - July 21 at 6:07 AM logoPrecision Drilling Co. (TSE:PD) Given New C$11.00 Price Target at CIBC - July 20 at 3:26 PM logoPrecision Drilling Co. (TSE:PD) Given Average Rating of "Buy" by Brokerages - July 18 at 8:46 PM logoPrecision Drilling Co. (TSE:PD) Given New C$4.75 Price Target at Canaccord Genuity - July 11 at 2:20 PM logoWeek In Review: BeiGene Sets Record With $1.4 Billion Celgene Deal - July 9 at 9:50 AM logoCANADA STOCKS-Futures drop as oil slips 3 pct - Nasdaq - July 7 at 8:03 AM logoBig Oil turns to big data to save big money on drilling - Reuters - June 23 at 8:59 AM logoBRIEF-Precision Drilling expects Canadian activity to be at trough levels for the year - May 15 at 9:56 AM logoPrecision Drilling reports 1Q loss - April 24 at 6:18 AM
News IconBRIEF-Precision Drilling Q4 loss per share C$0.10 - February 10 at 8:07 PM logoPrecision Drilling's (PDS) CEO Kevin Neveu on Q4 2016 Results - Earnings Call Transcript - February 10 at 1:45 AM logoPrecision Drilling optimistic about oil industry as it posts smaller quarterly loss - February 9 at 8:44 PM logoPrecision Drilling posts smaller quarterly loss - February 9 at 8:44 PM logoPrecision Drilling confident oil industry is stabilizing - Reuters - February 9 at 8:44 PM logoQ4 2016 Precision Drilling Corp Earnings Release - Before Market Open - February 9 at 8:44 PM



Precision Drilling (PD) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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