TSE:PD Precision Drilling (PD) Stock Forecast, Price & News C$57.00 -1.85 (-3.14%) (As of 02:25 PM ET) Add Compare Share Share Today's RangeC$57.00▼C$58.1450-Day RangeC$58.85▼C$72.3652-Week RangeC$57.00▼C$116.60Volume42,963 shsAverage Volume112,223 shsMarket CapitalizationC$782.04 millionP/E Ratio9.27Dividend YieldN/APrice TargetC$128.10 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media About Precision Drilling (TSE:PD) StockPrecision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. 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 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, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.Read More Receive PD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address PD Stock News HeadlinesMay 31, 2023 | finance.yahoo.com3 Well-Positioned Stocks in the Oil & Gas Drilling IndustryMay 5, 2023 | americanbankingnews.comBrokerages Set Precision Drilling Co. (TSE:PD) PT at C$128.10May 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.May 2, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Precision Drilling Co. (TSE:PD) Cut by AnalystMay 2, 2023 | americanbankingnews.comStifel Firstegy Weighs in on Precision Drilling Co.'s Q2 2023 Earnings (TSE:PD)April 30, 2023 | americanbankingnews.comPrecision Drilling (TSE:PD) PT Lowered to C$132.00 at EvercoreApril 30, 2023 | americanbankingnews.comRoyal Bank of Canada Trims Precision Drilling (TSE:PD) Target Price to C$120.00April 29, 2023 | americanbankingnews.comPrecision Drilling Co. (TSE:PD) to Post Q4 2024 Earnings of $5.56 Per Share, Atb Cap Markets ForecastsMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.April 28, 2023 | americanbankingnews.comPrecision Drilling (TSE:PD) Price Target Raised to C$125.00 at BMO Capital MarketsApril 26, 2023 | ca.finance.yahoo.comPrecision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year agoApril 26, 2023 | msn.comPrecision Drilling Clocks 59% Revenue Growth In Q1, Cuts 2023 Capital Spending BudgetApril 26, 2023 | markets.businessinsider.comPrecision Drilling Corp. Turns To Profit In Q1April 26, 2023 | finance.yahoo.comPrecision Drilling Announces 2023 First Quarter Unaudited Financial ResultsApril 26, 2023 | finance.yahoo.comPrecision Drilling (PDS) Beats Q1 Earnings and Revenue EstimatesApril 25, 2023 | msn.comEarnings Preview: Precision DrillingApril 25, 2023 | americanbankingnews.comPrecision Drilling (PD) Set to Announce Earnings on WednesdayApril 18, 2023 | finance.yahoo.comMany Still Looking Away From Precision Drilling Corporation (TSE:PD)April 17, 2023 | americanbankingnews.comCIBC Cuts Precision Drilling (TSE:PD) Price Target to C$135.00April 15, 2023 | americanbankingnews.comPrecision Drilling (TSE:PD) Price Target Lowered to C$130.00 at Royal Bank of CanadaApril 14, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Friday (PD)April 13, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Thursday (PD)April 13, 2023 | americanbankingnews.comATB Capital Cuts Precision Drilling (TSE:PD) Price Target to C$160.00April 11, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp down on Tuesday (PD)April 10, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp up on Monday (PD)April 10, 2023 | americanbankingnews.comPrecision Drilling Co. (TSE:PD) Receives C$132.40 Consensus PT from BrokeragesApril 6, 2023 | theglobeandmail.comClosing Bell: Precision Drilling Corp down on Thursday (PD)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address PD Company Calendar Last Earnings4/26/2023Today5/31/2023Next Earnings (Estimated)7/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas Equipment & Services Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:PD CUSIPN/A CIKN/A Webwww.precisiondrilling.com Phone+1-403-7164500FaxN/AEmployees3,350Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$128.10 High Stock Price ForecastC$165.00 Low Stock Price ForecastC$74.00 Forecasted Upside/Downside+124.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.15 Trailing P/E Ratio9.30 Forward P/E Ratio4.54 P/E Growth-3.24Net IncomeC$105.38 million Net Margins5.78% Pretax MarginN/A Return on Equity8.32% Return on Assets4.38% Debt Debt-to-Equity Ratio91.75 Current Ratio1.93 Quick Ratio1.36 Sales & Book Value Annual SalesC$1.82 billion Price / Sales0.43 Cash FlowC$1.70 per share Price / Cash Flow33.65 Book ValueC$97.62 per share Price / Book0.59Miscellaneous Outstanding Shares13,720,000Free FloatN/AMarket CapC$784.37 million OptionableNot Optionable Beta3.14 Key ExecutivesMr. Kevin A. Neveu B.Sc (Age 62)B.Sc., P.Eng, Pres, CEO & Director Comp: $1.54MMr. Carey Thomas Ford C.F.A.Sr. VP & CFOMr. Darren J. RuhrChief Admin. OfficerMs. Veronica H. FoleyChief Legal and Compliance OfficerMr. Gene C. Stahl (Age 49)Chief Marketing Officer Comp: $768.06kMr. John Blair Goertzen (Age 64)Exec. Vice-Pres and Chief Operating Officer Mr. Shuja U. GorayaChief Technology OfficerDustin HoningMang. of Investor Relations & Corp. Devel.Mr. Roland H. MarksSr. VP of International Drilling OperationsMr. Grant HunterSr. VP of North American Drilling OperationMore ExecutivesKey CompetitorsEnerflexTSE:EFXTerraVest IndustriesTSE:TVKTotal Energy ServicesTSE:TOTDexterra GroupTSE:DXTSTEP Energy ServicesTSE:STEPView All CompetitorsInsidersCarey Thomas FordSold 10,617 sharesTotal: C$691,166.70 ($65.10/share)Veronica H. FoleySold 6,778 sharesTotal: C$441,247.80 ($65.10/share)Darren RuhrSold 1,176 sharesTotal: C$125,508.13 ($106.72/share)View All Insider Transactions PD Stock - Frequently Asked Questions Should I buy or sell Precision Drilling stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PD shares. View PD analyst ratings or view top-rated stocks. What is Precision Drilling's stock price forecast for 2023? 7 Wall Street research analysts have issued twelve-month price targets for Precision Drilling's stock. Their PD share price forecasts range from C$74.00 to C$165.00. On average, they anticipate the company's share price to reach C$128.10 in the next year. This suggests a possible upside of 124.1% from the stock's current price. View analysts price targets for PD or view top-rated stocks among Wall Street analysts. How have PD shares performed in 2023? Precision Drilling's stock was trading at C$103.71 at the beginning of 2023. Since then, PD stock has decreased by 44.9% and is now trading at C$57.17. View the best growth stocks for 2023 here. When is Precision Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our PD earnings forecast. How were Precision Drilling's earnings last quarter? Precision Drilling Co. (TSE:PD) issued its earnings results on Wednesday, April, 26th. The company reported $5.57 earnings per share for the quarter, beating the consensus estimate of $3.97 by $1.60. The business had revenue of $558.61 million for the quarter, compared to the consensus estimate of $518.50 million. Precision Drilling had a trailing twelve-month return on equity of 8.32% and a net margin of 5.78%. When did Precision Drilling's stock split? Shares of Precision Drilling 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 closing bell 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. What other stocks do shareholders of Precision Drilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Precision Drilling investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Gran Tierra Energy (GTE), Och-Ziff Capital Management Group (OZM) and ALJ Regional (ALJJ). What is Precision Drilling's stock symbol? Precision Drilling trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PD." 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.Compare Top Brokerages Here. What is Precision Drilling's stock price today? One share of PD stock can currently be purchased for approximately C$57.17. How much money does Precision Drilling make? Precision Drilling (TSE:PD) has a market capitalization of C$784.37 million and generates C$1.82 billion in revenue each year. The company earns C$105.38 million in net income (profit) each year or C$6.15 on an earnings per share basis. How many employees does Precision Drilling have? The company employs 3,350 workers across the globe. How can I contact Precision Drilling? Precision Drilling's mailing address is 150 6 Ave SW Suite 4200, CALGARY, AB T2P 3Y7, Canada. The official website for the company is www.precisiondrilling.com. The company can be reached via phone at +1-403-7164500. This page (TSE:PD) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Precision Drilling Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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