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
SymbolTSE:PD
CUSIPN/A
Phone+1-403-7164500
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-13.54%
Return on Equity-10.28%
Return on Assets-4.80%
Miscellaneous
EmployeesN/A
Outstanding Shares293,716,000
Market CapC$1.07 billion
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) released its quarterly earnings data on Thursday, July, 26th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.02. The company had revenue of $330.72 million for the quarter, compared to the consensus estimate of $321.63 million. Precision Drilling had a negative net margin of 13.54% and a negative return on equity of 10.28%. View Precision Drilling's Earnings History.
When is Precision Drilling's next earnings date?
What price target have analysts set for PD?
6 analysts have issued 1 year price objectives for Precision Drilling's stock. Their forecasts range from C$4.00 to C$7.25. On average, they anticipate Precision Drilling's share price to reach C$5.82 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Precision Drilling.
What is the consensus analysts' recommendation for Precision Drilling?
6 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, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Precision Drilling.
Who are some of Precision Drilling's key competitors?
Some companies that are related to Precision Drilling include Worleyparsons (WOR), Saipem (SPM), Petrofac (POFCF), Shawcor (SCL), Petrofac (PFC), Pason Systems (PSI), Mullen Group (MTL), Enerflex (EFX), Mullen Group (MLLGF), Secure Energy Services (SES), Hunting (HTG), Trican Well Service (TCW), Total Energy Services (TOT), ADES International (ADES) and AKASTOR ASA/ADR (AKKVY).
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)
Has Precision Drilling been receiving favorable news coverage?
News coverage about PD stock has been trending somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Precision Drilling earned a media and rumor sentiment score of -0.11 on Accern's scale. They also gave news stories about the company an impact score of 47.02 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Precision Drilling.
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$4.96.
How big of a company is Precision Drilling?
Precision Drilling has a market capitalization of C$1.07 billion.
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.
