Precision 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?
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?
Some companies that are related to Precision Drilling include Mullen Group Ltd (MTL), Shawcor Ltd (SCL), Enerflex Ltd (EFX), Pason Systems (PSI), Trican Well Service Ltd (TCW), Secure Energy Services (SES), Total Energy Services (TOT), Basic Energy Services (BAS), Key Energy Services (KEG), High Arctic Energy Services (HWO), Horizon North Logistics (HNL), North American Energy Partners (NOA), Strad Energy Services Ltd (SDY), Essential Energy Services Ltd (ESN), McCoy Global (MCB), SAExploration Holdings (SAEX), Petrowest Corp (PRW) and Bri-Chem Corp (BRY).
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)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.
Consensus Ratings for Precision Drilling (TSE:PD) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/12/2017 | TD Securities | Reiterated Rating | Buy | C$6.00 |  |
| 8/22/2017 | Raymond James Financial, Inc. | Lower Price Target | Speculative Buy | C$6.50 -> C$5.75 | |
| 8/2/2017 | Canaccord Genuity | Lower Price Target | | C$4.75 -> C$4.25 | |
| 8/1/2017 | BMO Capital Markets | Lower Price Target | Outperform | C$9.00 -> C$6.00 | |
| 7/20/2017 | CIBC | Boost Price Target | | C$8.00 -> C$11.00 | |
| 4/25/2017 | Scotiabank | Reiterated Rating | Sector Perform | C$8.00 | |
| 3/9/2017 | Citigroup Inc. | Lower Price Target | | C$8.25 -> C$7.00 | |
| 2/10/2017 | Royal Bank Of Canada | Reiterated Rating | Outperform | C$9.00 | |
| 1/19/2017 | Deutsche Bank AG | Upgrade | Hold -> Buy | C$6.00 -> C$10.00 | |
| 12/20/2016 | Evercore ISI | Boost Price Target | | C$8.00 -> C$9.00 | |
| 12/20/2016 | Evercore Inc | Boost Price Target | | C$8.00 -> C$9.00 | |
| 6/22/2016 | AltaCorp Capital | Reiterated Rating | Outperform | | |
| 4/1/2016 | Howard Weil | Downgrade | Sector Perform -> Underperform | | |
| 3/14/2016 | FirstEnergy Corporation | Boost Price Target | | C$5.25 -> C$8.00 | |
| 2/16/2016 | Cowen and Company | Lower Price Target | Outperform | C$5.30 -> C$4.40 | |
| 1/8/2016 | J P Morgan Chase & Co | Lower Price Target | Neutral | C$6.00 -> C$5.00 | |
(Data available from 9/21/2015 forward)
Earnings History for Precision Drilling (TSE:PD)Earnings History by Quarter for Precision Drilling (TSE PD)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/19/2017 | | C($0.11) | | | | | N/A | |
| 10/27/2014 | | C$0.17 | C$0.18 | C$589.29 million | C$584.59 million | View | N/A | |
| 7/24/2014 | | C$0.02 | C($0.02) | C$458.02 million | C$475.17 million | View | N/A | |
| 4/28/2014 | | C$0.37 | C$0.35 | C$669.31 million | C$672.25 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Precision Drilling (TSE:PD)2017 EPS Consensus Estimate: ($0.63)
2018 EPS Consensus Estimate: ($0.12)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | ($0.24) | ($0.12) | ($0.15) |
| Q2 2017 | 5 | ($0.33) | ($0.18) | ($0.22) |
| Q3 2017 | 4 | ($0.22) | ($0.11) | ($0.15) |
| Q4 2017 | 4 | ($0.16) | ($0.07) | ($0.11) |
| Q1 2018 | 2 | ($0.04) | $0.02 | ($0.01) |
| Q2 2018 | 1 | ($0.11) | ($0.11) | ($0.11) |
| Q3 2018 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q4 2018 | 1 | $0.03 | $0.03 | $0.03 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Precision Drilling (TSE PD)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/22/2015 | quarterly | $0.07 | 5.28% | 11/4/2015 | 11/6/2015 | 11/18/2015 |
| 7/23/2015 | quarterly | $0.07 | 4.12% | 8/6/2015 | 8/10/2015 | 8/21/2015 |
| 4/27/2015 | quarterly | $0.07 | 3.36% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 2/12/2015 | quarterly | $0.07 | | | 2/27/2015 | 3/12/2015 |
| 10/27/2014 | quarterly | $0.07 | 2.93% | 11/12/2014 | 11/14/2014 | 11/24/2014 |
| 7/24/2014 | quarterly | $0.06 | 1.67% | 8/6/2014 | 8/8/2014 | 8/20/2014 |
| 4/28/2014 | quarterly | $0.06 | 1.75% | 5/12/2014 | 5/14/2014 | 5/26/2014 |
| 2/13/2014 | quarterly | $0.06 | 2.16% | 2/25/2014 | 2/27/2014 | 3/14/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Precision Drilling (TSE:PD)Insider Trades by Quarter for Precision Drilling (TSE:PD)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/28/2017 | Kevin A Neveu | Director | Buy | 10,000 | C$3.13 | C$31,300.00 | |
| 8/18/2017 | Steven Wayne Krablin | Director | Buy | 10,000 | C$2.63 | C$26,300.00 | |
| 8/1/2017 | Brian James Gibson | Director | Buy | 35,000 | C$3.58 | C$125,300.00 | |
| 3/15/2017 | Veronica H Foley | Insider | Buy | 5,000 | C$4.43 | C$22,150.00 | |
| 3/14/2017 | Carey Thomas Ford | Director | Buy | 7,000 | C$4.37 | C$30,590.00 | |
| 2/28/2017 | Carey Thomas Ford | Director | Buy | 8,900 | C$5.06 | C$45,034.00 | |
| 2/28/2017 | Veronica H Foley | Insider | Buy | 5,000 | C$5.10 | C$25,500.00 | |
| 2/12/2016 | Allen R Hagerman | Director | Buy | 10,000 | C$3.89 | C$38,900.00 | |
| 12/8/2015 | Kevin A Neveu | Director | Buy | 15,000 | C$4.60 | C$69,000.00 | |
| 10/29/2015 | Robert Joseph Mcnally | Insider | Buy | 10,000 | C$3.89 | C$38,880.00 | |
| 10/27/2015 | Kevin Omar Meyers | Director | Buy | 5,000 | C$3.87 | C$19,349.50 | |
| 8/25/2015 | Kevin A Neveu | Director | Buy | 5,000 | C$5.50 | C$27,500.00 | |
| 8/25/2015 | Niels Espeland | Insider | Buy | 1,500 | C$5.40 | C$8,100.00 | |
| 8/21/2015 | Kevin A Neveu | Director | Buy | 1,600 | C$5.42 | C$8,677.92 | |
| 8/20/2015 | Veronica H Foley | Insider | Buy | 5,000 | C$4.25 | C$21,250.00 | |
| 8/18/2015 | Kevin Omar Meyers | Director | Buy | 3,000 | C$4.58 | C$13,739.70 | |
| 7/27/2015 | Steven Wayne Krablin | Director | Buy | 5,000 | C$4.73 | C$23,667.00 | |
| 7/27/2015 | Veronica H Foley | Insider | Buy | 10,000 | C$4.85 | C$48,509.00 | |
| 7/24/2015 | Kevin A Neveu | Director | Buy | 10,000 | C$6.96 | C$69,600.00 | |
| 6/2/2015 | Gene Stahl | Insider | Sell | 10,000 | C$8.64 | C$86,423.00 | |
| 3/24/2015 | Kevin A Neveu | Director | Buy | 53,000 | C$6.17 | C$327,010.00 | |
| 3/16/2015 | Kevin A Neveu | Director | Buy | 5,000 | C$7.00 | C$35,000.00 | |
| 3/13/2015 | Kevin A Neveu | Director | Buy | 5,000 | C$7.18 | C$35,900.00 | |
| 11/3/2014 | Douglas Brian Evasiuk | Director | Sell | 3,000 | C$9.08 | C$27,240.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Precision Drilling (TSE:PD)
Latest Headlines for Precision Drilling (TSE:PD)
| Source: |
|
| Date | Headline |
|---|
 | A Petroleum Pair Trade: Precision Drilling Vs. Sanchez Energy
www.benzinga.com - September 19 at 6:23 AM |
 | Precision 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 |
 | Update: TSX Gains 45 Points in Broad-Based Advance Paced by Stronger Energy Stocks - Nasdaq
www.nasdaq.com - September 15 at 7:25 AM |
 | TD Securities Reiterates "C$6.00" Price Target for Precision Drilling Co. (PD)
www.americanbankingnews.com - September 12 at 3:48 PM |
| Precision Drilling Co. (PD) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - September 6 at 9:04 PM |
 | PRECISION DRILLING CORPORATION
www.finanznachrichten.de - September 1 at 7:03 AM |
 | BRIEF-Precision Drilling provides hurricane Harvey's impact on operations
www.reuters.com - September 1 at 7:03 AM |
| Precision 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 |
| Kevin A. Neveu Purchases 10,000 Shares of Precision Drilling Co. (PD) Stock
www.americanbankingnews.com - August 28 at 10:22 PM |
| Raymond James Financial, Inc. Trims Precision Drilling Co. (PD) Target Price to C$5.75
www.americanbankingnews.com - August 22 at 2:36 PM |
| Steven Wayne Krablin Acquires 10,000 Shares of Precision Drilling Co. (PD) Stock
www.americanbankingnews.com - August 18 at 1:22 PM |
| Precision Drilling Co. (TSE:PD) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 12 at 8:58 PM |
| Q3 2017 EPS Estimates for Precision Drilling Co. Reduced by Jefferies Group (TSE:PD)
www.americanbankingnews.com - August 4 at 7:02 AM |
| Precision Drilling Co. to Post FY2020 Earnings of $1.25 Per Share, Jefferies Group Forecasts (PD)
www.americanbankingnews.com - August 3 at 4:58 PM |
| Equities Analysts Set Expectations for Precision Drilling Co.'s Q3 2017 Earnings (TSE:PD)
www.americanbankingnews.com - August 3 at 7:42 AM |
| Precision Drilling Corp. :PD-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 6:50 AM |
| Q3 2018 Earnings Forecast for Precision Drilling Co. (TSE:PD) Issued By Cormark
www.americanbankingnews.com - August 2 at 3:50 PM |
| Edited Transcript of PD.TO earnings conference call or presentation 31-Jul-17 6:00pm GMT
finance.yahoo.com - August 2 at 6:51 AM |
| Edited Transcript of PD.TO earnings conference call or presentation 31-Jul-17 6:00pm GMT
finance.yahoo.com - August 2 at 6:51 AM |
| Precision Drilling Co. (TSE:PD) PT Lowered to C$6.00 at BMO Capital Markets
www.americanbankingnews.com - August 1 at 2:38 PM |
| Precision Drilling Co. (TSE:PD) Director Acquires C$125,300.00 in Stock
www.americanbankingnews.com - August 1 at 1:22 PM |
| Precision Drilling reports 2Q loss
finance.yahoo.com - August 1 at 1:27 AM |
| Precision Drilling Co. (PD) to Release Earnings on Monday
www.americanbankingnews.com - July 27 at 4:59 PM |
| Thursday's ETF with Unusual Volume: IPW - Nasdaq
www.nasdaq.com - July 21 at 6:07 AM |
| Precision Drilling Co. (TSE:PD) Given New C$11.00 Price Target at CIBC
www.americanbankingnews.com - July 20 at 3:26 PM |
| Precision Drilling Co. (TSE:PD) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 18 at 8:46 PM |
| Precision Drilling Co. (TSE:PD) Given New C$4.75 Price Target at Canaccord Genuity
www.americanbankingnews.com - July 11 at 2:20 PM |
 | Week In Review: BeiGene Sets Record With $1.4 Billion Celgene Deal
seekingalpha.com - July 9 at 9:50 AM |
| CANADA STOCKS-Futures drop as oil slips 3 pct - Nasdaq
www.nasdaq.com - July 7 at 8:03 AM |
| Precision Drilling Co. (PD) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 6:34 PM |
| Big Oil turns to big data to save big money on drilling - Reuters
www.reuters.com - June 23 at 8:59 AM |
| Precision Drilling Co. (PD) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 29 at 4:42 PM |
| Precision Drilling Corporation Announces Voting Results from the 2017 Annual and Special Meeting of Shareholders
finance.yahoo.com - May 17 at 7:04 PM |
| BRIEF-Precision Drilling expects Canadian activity to be at trough levels for the year
www.reuters.com - May 15 at 9:56 AM |
| Precision Drilling Co. (PD) Receives C$8.86 Average Price Target from Brokerages
www.americanbankingnews.com - May 5 at 11:20 PM |
| Precision 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 |
| Precision Drilling Co. (PD) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 2 at 6:16 PM |
| Research Analysts Issue Forecasts for Precision Drilling Co.'s Q2 2017 Earnings (PD)
www.americanbankingnews.com - April 27 at 7:50 AM |
| Cormark Brokers Boost Earnings Estimates for Precision Drilling Co. (PD)
www.americanbankingnews.com - April 26 at 4:46 PM |
| Raymond James Financial, Inc. Lowers Precision Drilling Co. (PD) Price Target to C$7.20
www.americanbankingnews.com - April 26 at 3:10 PM |
| Raymond James Financial, Inc. Reaffirms Market Perform Rating for Precision Drilling Co. (PD)
www.americanbankingnews.com - April 25 at 8:20 PM |
| Precision Drilling's (PD) "Sector Perform" Rating Reaffirmed at Scotiabank
www.americanbankingnews.com - April 25 at 8:20 PM |
| Precision Drilling Co. (PD) Given Outperform Rating at BMO Capital Markets
www.americanbankingnews.com - April 25 at 8:20 PM |
| Edited Transcript of PD.TO earnings conference call or presentation 24-Apr-17 6:00pm GMT
finance.yahoo.com - April 25 at 8:02 AM |
 | Precision Drilling reports 1Q loss
marketbeat.com - April 24 at 6:18 AM |
| Precision Drilling Corp. – Value Analysis (TORONTO:PD) : April 13, 2017
finance.yahoo.com - April 13 at 6:56 PM |
| Precision 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 |
| Precision Drilling Co. (PD) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 5 at 6:52 PM |
| Precision Drilling Corporation 2017 First Quarter Results Conference Call and Webcast
finance.yahoo.com - April 3 at 6:32 PM |
| Top Ranked Momentum Stocks to Buy for February 16th
finance.yahoo.com - March 2 at 8:44 AM |
Precision Drilling (PD) Chart for Thursday, September, 21, 2017
