TSE:PD Precision Drilling - PD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. C$67.12 -1.16 (-1.70%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$66.55▼C$68.4950-Day RangeC$62.15▼C$114.5052-Week RangeC$61.79▼C$116.60Volume144,954 shsAverage Volume128,426 shsMarket CapitalizationC$924.24 millionP/E RatioN/ADividend YieldN/APrice TargetC$138.90 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media Precision Drilling MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside106.9% UpsideC$138.90 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment-1.14Based on 4 Articles This WeekInsider TradingSelling SharesC$1.13 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 stars 3.5 Analyst's Opinion Consensus RatingPrecision Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$138.90, Precision Drilling has a forecasted upside of 106.9% from its current price of C$67.12.Amount of Analyst CoveragePrecision Drilling has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PD. Previous Next 0.0 Dividend Strength Dividend YieldPrecision Drilling does not currently pay a dividend.Dividend GrowthPrecision Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PD. Previous Next 0.5 News and Social Media Coverage News SentimentPrecision Drilling has a news sentiment score of -1.14. 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 0.47 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Precision Drilling this week, compared to 1 article on an average week.Search InterestOnly 26 people have searched for PD on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Precision Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Precision Drilling insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,132,414.00 in company stock.Percentage Held by InsidersOnly 0.68% of the stock of Precision Drilling is held by insiders.Percentage Held by Institutions59.80% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Precision Drilling is -33.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Precision Drilling is -33.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDue to a projected decrease in earnings for Precision Drilling, their PEG ratio cannot be calculated.Price to Book Value per Share RatioPrecision Drilling has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 HeadlinesMarch 21, 2023 | finance.yahoo.comInstitutional owners may consider drastic measures as Precision Drilling Corporation's (TSE:PD) recent CA$130m drop adds to long-term lossesMarch 16, 2023 | americanbankingnews.comAnalysts Set Precision Drilling Co. (TSE:PD) Price Target at C$138.90March 22, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …March 13, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Precision Drilling (PDS) Stock?March 2, 2023 | theglobeandmail.comPrecision Drilling: Bottom 25 Performing Stocks Year-to-Date on TSX (PD)February 9, 2023 | msn.comPrecision Drilling reports $3.5M Q4 profit, revenue up more than 70 per centFebruary 9, 2023 | finance.yahoo.comPrecision Drilling Corporation Announces 2022 Fourth Quarter and Year-End Unaudited Financial ResultsJanuary 13, 2023 | fool.ca3 Small-Cap TSX Stocks to Buy for Outsized GainsMarch 22, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …January 11, 2023 | finance.yahoo.comPrecision Drilling (PDS) Upgraded to Strong Buy: Here's What You Should KnowDecember 28, 2022 | finance.yahoo.com12 Best Performing Energy Stocks in 2022December 25, 2022 | nz.finance.yahoo.comPrecision Drilling's (TSE:PD) growing losses don't faze investors as the stock rises 5.1% this past weekDecember 7, 2022 | finance.yahoo.com4 Oil & Gas Stocks That Gained More Than 100% This YearNovember 8, 2022 | finance.yahoo.comPrecision Drilling Third Quarter 2022 Earnings: Beats ExpectationsOctober 27, 2022 | seekingalpha.comPrecision Drilling Corporation (PDS) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | ca.finance.yahoo.comStocks in play: Precision DrillingOctober 27, 2022 | ca.finance.yahoo.comPrecision Drilling reports Q3 profit, revenue up 69 per cent from year agoOctober 27, 2022 | theglobeandmail.comPrecision Drilling reports rise in third-quarter profit, revenue as North American activity increasesOctober 12, 2022 | finance.yahoo.comWhile institutions own 48% of Precision Drilling Corporation (TSE:PD), individual investors are its largest shareholders with 51% ownershipOctober 3, 2022 | finance.yahoo.comPrecision Drilling Corporation 2022 Third Quarter Results Conference Call and WebcastSeptember 21, 2022 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.99%September 13, 2022 | seekingalpha.comPrecision Drilling Has Become Less Risky But Remains UnattractiveSeptember 1, 2022 | finance.yahoo.comIs Precision Drilling (PDS) a Great Value Stock Right Now?August 25, 2022 | seekingalpha.comPrecision Drilling receives TSX approval to renew normal course issuer bidAugust 3, 2022 | finance.yahoo.comPrecision Drilling (PDS) Is Attractively Priced Despite Fast-paced MomentumAugust 1, 2022 | finance.yahoo.comWall Street Analysts See a 50% Upside in Precision Drilling (PDS): Can the Stock Really Move This High?July 27, 2022 | ca.finance.yahoo.comPrecision Drilling reports $25M net loss in Q2, revenue up 62%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 Earnings2/09/2023Today3/22/2023Next Earnings (Estimated)4/27/2023Get 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$138.90 High Stock Price ForecastC$174.00 Low Stock Price ForecastC$74.00 Forecasted Upside/Downside+106.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C($1.98) Trailing P/E RatioN/A Forward P/E Ratio5.29 P/E Growth-3.24Net IncomeC$-34,290,000.00 Net Margins-2.12% Pretax MarginN/A Return on Equity-2.79% Return on Assets0.74% Debt Debt-to-Equity Ratio93.78 Current Ratio1.15 Quick Ratio1.36 Sales & Book Value Annual SalesC$1.62 billion Price / Sales0.57 Cash FlowC$1.99 per share Price / Cash Flow33.65 Book ValueC$90.76 per share Price / Book0.74Miscellaneous Outstanding Shares13,770,000Free FloatN/AMarket CapC$924.24 million OptionableNot Optionable Beta3.18 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:TVKDexterra GroupTSE:DXTTotal Energy ServicesTSE:TOTSTEP 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 research analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 analysts have issued 12 month target prices for Precision Drilling's shares. Their PD share price forecasts range from C$74.00 to C$174.00. On average, they predict the company's share price to reach C$138.90 in the next year. This suggests a possible upside of 108.7% 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 35.8% and is now trading at C$66.55. 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 Thursday, April 27th 2023. View our PD earnings forecast. How were Precision Drilling's earnings last quarter? Precision Drilling Co. (TSE:PD) issued its quarterly earnings results on Thursday, February, 9th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.60 by $2.33. The firm had revenue of $510.50 million for the quarter, compared to analysts' expectations of $486.40 million. Precision Drilling had a negative trailing twelve-month return on equity of 2.79% and a negative net margin of 2.12%. When did Precision Drilling's stock split? Precision Drilling's stock reverse split on the morning of 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. 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$66.55. How much money does Precision Drilling make? Precision Drilling (TSE:PD) has a market capitalization of C$916.39 million and generates C$1.62 billion in revenue each year. The company earns C$-34,290,000.00 in net income (profit) each year or C($1.98) 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 3/22/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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