Precision Drilling (PD) Stock Price, News & Analysis

Company Overview

Precision Drilling Corp is a leader in North American oil and gas services. It is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada. Its segments are Contract Drilling Services which is the majority key revenue generator and other segments include Completion and Production Services.

Key Stats

• Today's Range: C$70.19 to C$71.77
• 50-Day Range: C$56.83 to C$70.86
• 52-Week Range: C$51.38 to C$109.20
• Volume: 132,916 shs
• Average Volume: 124,999 shs
• Market Capitalization: C$998.95 million
• P/E Ratio: 4.13
• Dividend Yield: 0.40%
• Price Target: C$93.00
• Consensus Rating: Moderate Buy

Precision Drilling Stock Analysis - MarketRank™

Precision Drilling scored higher than 70% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Precision Drilling has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Precision Drilling has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Precision Drilling is 4.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Precision Drilling is 4.13, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.89.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Precision Drilling, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Precision Drilling has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PD.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Precision Drilling is a leading dividend payer. It pays a dividend yield of 5.87%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Precision Drilling does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Precision Drilling is 1.65%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PD.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.05

News Sentiment

Precision Drilling has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Precision Drilling this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for PD on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Precision Drilling insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.12% of the stock of Precision Drilling is held by insiders.

Percentage Held by Institutions

65.26% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PD Stock Analysis - Frequently Asked Questions

How have PD shares performed this year?

Precision Drilling's stock was trading at C$87.92 at the beginning of the year. Since then, PD stock has decreased by 20.2% and is now trading at C$70.20.

How were Precision Drilling's earnings last quarter?

Precision Drilling Co. (TSE:PD) posted its earnings results on Tuesday, October, 29th. The company reported $2.31 EPS for the quarter, topping the consensus estimate of $2.09 by $0.22. Precision Drilling had a net margin of 12.53% and a trailing twelve-month return on equity of 14.96%.

When did Precision Drilling's stock split?

Precision Drilling's stock reverse split on Thursday, November 12th 2020.The 1-20 reverse split was announced on Thursday, October 29th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Precision Drilling?

Shares of PD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Precision Drilling own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Precision Drilling investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 7/18/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: Computer Software
• Current Symbol: TSE:PD
• CIK: N/A
• Web: www.precisiondrilling.com
• Phone: +1-403-7164500
• Fax: N/A
• Employees: 950
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Precision Drilling: C$93.00
• High Price Target: C$124.00
• Low Price Target: C$69.00
• Potential Upside/Downside: +30.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): C$16.99
• Trailing P/E Ratio: 4.18
• Forward P/E Ratio: N/A
• P/E Growth: -3.24
• Net Income: C$244.64 million
• Net Margins: 12.53%
• Pretax Margin: N/A
• Return on Equity: 14.96%
• Return on Assets: 4.87%

Debt

• Debt-to-Equity Ratio: 51.98
• Current Ratio: 1.54
• Quick Ratio: 1.36

Sales & Book Value

• Annual Sales: C$1.95 billion
• Price / Sales: 0.52
• Cash Flow: C$2.11 per share
• Price / Cash Flow: 33.65
• Book Value: C$117.46 per share
• Price / Book: 0.60

Miscellaneous

• Outstanding Shares: 14,230,091
• Free Float: N/A
• Market Cap: C$1.01 billion
• Optionable: Not Optionable
• Beta: 2.76