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$1.07 billion
  • Outstanding Shares: 293,238,000
Average Prices:
  • 50 Day Moving Avg: C$3.42
  • 200 Day Moving Avg: C$4.72
  • 52 Week Range: C$3.01 - C$8.21
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.37
Sales & Book Value:
  • Annual Revenue: C$1.11 billion
  • Price / Sales: 0.97
  • Book Value: C$6.46 per share
  • Price / Book: 0.57
Profitability:
  • EBIDTA: C$246.69 million
  • Net Margins: -13.11%
  • Return on Equity: -7.57%
  • Return on Assets: -3.48%
Misc:
  • Average Volume: 2.01 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) announced its earnings results on Monday, October, 27th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. The firm had revenue of $584.59 million for the quarter, compared to analysts' expectations of $589.29 million. Precision Drilling had a negative return on equity of 7.57% and a negative net margin of 13.11%. 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, 20th 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 price objectives for Precision Drilling's shares. Their predictions range from C$4.25 to C$11.00. On average, they anticipate Precision Drilling's stock price to reach C$7.73 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
  • William T. Donovan, Independent Director
  • Brian J. Gibson, Independent Director
  • Allen R. Hagerman, 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$3.66.


MarketBeat Community Rating for Precision Drilling (TSE PD)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  440
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: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$7.73

Analysts' Ratings History for Precision Drilling (TSE:PD)
Show:
DateFirmActionRatingPrice TargetDetails
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
2/10/2017Royal Bank Of CanadaReiterated RatingOutperformC$9.00View Rating Details
1/19/2017Deutsche Bank AGUpgradeHold -> BuyC$6.00 -> C$10.00View 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 9/21/2015 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
10/19/2017C($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)

Estimates

Earnings Estimates for Precision Drilling (TSE:PD)
2017 EPS Consensus Estimate: ($0.63)
2018 EPS Consensus Estimate: ($0.12)
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)($0.11)
Q1 20182($0.04)$0.02($0.01)
Q2 20181($0.11)($0.11)($0.11)
Q3 20181($0.03)($0.03)($0.03)
Q4 20181$0.03$0.03$0.03
(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:
DateHeadline
benzinga.com logoA Petroleum Pair Trade: Precision Drilling Vs. Sanchez Energy
www.benzinga.com - September 19 at 6:23 AM
finance.yahoo.com logoPrecision Drilling Hits US$150,000 Donation Target in Support of U.S. Gulf Coast Relief Efforts
finance.yahoo.com - September 19 at 6:22 AM
nasdaq.com logoUpdate: TSX Gains 45 Points in Broad-Based Advance Paced by Stronger Energy Stocks - Nasdaq
www.nasdaq.com - September 15 at 7:25 AM
americanbankingnews.com logoTD Securities Reiterates "C$6.00" Price Target for Precision Drilling Co. (PD)
www.americanbankingnews.com - September 12 at 3:48 PM
americanbankingnews.com logoPrecision Drilling Co. (PD) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - September 6 at 9:04 PM
finanznachrichten.de logoPRECISION DRILLING CORPORATION
www.finanznachrichten.de - September 1 at 7:03 AM
reuters.com logoBRIEF-Precision Drilling provides hurricane Harvey's impact on operations
www.reuters.com - September 1 at 7:03 AM
finance.yahoo.com logoPrecision Drilling Announces US$100,000 Pledge to U.S. Gulf Coast Relief Efforts and Provides U.S. Operational Update
finance.yahoo.com - September 1 at 7:03 AM
americanbankingnews.com logoKevin A. Neveu Purchases 10,000 Shares of Precision Drilling Co. (PD) Stock
www.americanbankingnews.com - August 28 at 10:22 PM
americanbankingnews.com logoRaymond James Financial, Inc. Trims Precision Drilling Co. (PD) Target Price to C$5.75
www.americanbankingnews.com - August 22 at 2:36 PM
americanbankingnews.com logoSteven Wayne Krablin Acquires 10,000 Shares of Precision Drilling Co. (PD) Stock
www.americanbankingnews.com - August 18 at 1:22 PM
americanbankingnews.com logoPrecision Drilling Co. (TSE:PD) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 12 at 8:58 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Precision Drilling Co. Reduced by Jefferies Group (TSE:PD)
www.americanbankingnews.com - August 4 at 7:02 AM
americanbankingnews.com logoPrecision Drilling Co. to Post FY2020 Earnings of $1.25 Per Share, Jefferies Group Forecasts (PD)
www.americanbankingnews.com - August 3 at 4:58 PM
americanbankingnews.com logoEquities Analysts Set Expectations for Precision Drilling Co.'s Q3 2017 Earnings (TSE:PD)
www.americanbankingnews.com - August 3 at 7:42 AM
finance.yahoo.com logoPrecision Drilling Corp. :PD-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 6:50 AM
americanbankingnews.com logoQ3 2018 Earnings Forecast for Precision Drilling Co. (TSE:PD) Issued By Cormark
www.americanbankingnews.com - August 2 at 3:50 PM
finance.yahoo.com logoEdited Transcript of PD.TO earnings conference call or presentation 31-Jul-17 6:00pm GMT
finance.yahoo.com - August 2 at 6:51 AM
finance.yahoo.com logoEdited Transcript of PD.TO earnings conference call or presentation 31-Jul-17 6:00pm GMT
finance.yahoo.com - August 2 at 6:51 AM
americanbankingnews.com logoPrecision Drilling Co. (TSE:PD) PT Lowered to C$6.00 at BMO Capital Markets
www.americanbankingnews.com - August 1 at 2:38 PM
americanbankingnews.com logoPrecision Drilling Co. (TSE:PD) Director Acquires C$125,300.00 in Stock
www.americanbankingnews.com - August 1 at 1:22 PM
finance.yahoo.com logoPrecision Drilling reports 2Q loss
finance.yahoo.com - August 1 at 1:27 AM
americanbankingnews.com logoPrecision Drilling Co. (PD) to Release Earnings on Monday
www.americanbankingnews.com - July 27 at 4:59 PM
nasdaq.com logoThursday's ETF with Unusual Volume: IPW - Nasdaq
www.nasdaq.com - July 21 at 6:07 AM
americanbankingnews.com logoPrecision Drilling Co. (TSE:PD) Given New C$11.00 Price Target at CIBC
www.americanbankingnews.com - July 20 at 3:26 PM
americanbankingnews.com logoPrecision Drilling Co. (TSE:PD) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 18 at 8:46 PM
americanbankingnews.com logoPrecision Drilling Co. (TSE:PD) Given New C$4.75 Price Target at Canaccord Genuity
www.americanbankingnews.com - July 11 at 2:20 PM
seekingalpha.com logoWeek In Review: BeiGene Sets Record With $1.4 Billion Celgene Deal
seekingalpha.com - July 9 at 9:50 AM
nasdaq.com logoCANADA STOCKS-Futures drop as oil slips 3 pct - Nasdaq
www.nasdaq.com - July 7 at 8:03 AM
americanbankingnews.com logoPrecision Drilling Co. (PD) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 6:34 PM
reuters.com logoBig Oil turns to big data to save big money on drilling - Reuters
www.reuters.com - June 23 at 8:59 AM
americanbankingnews.com logoPrecision Drilling Co. (PD) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 29 at 4:42 PM
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

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Chart

Precision Drilling (PD) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff