Trinidad Drilling Company Profile (TSE:TDG)

About Trinidad Drilling (TSE:TDG)

Trinidad Drilling logoTrinidad Drilling Ltd. is a Canada-based company, which operates in the drilling sector of the North American oil and natural gas industry, with operations in Canada and the United States. The Company operates through five segments, which include Canadian Operations, US and International Operations, Manufacturing Operations, Joint Venture Operations and Corporate. The Canadian Operations segment is engaged in providing land drilling services to the Canadian oil and gas industry. The US and International Operations segment is engaged in providing land and barge drilling services to the United States and international oil and gas industries. The Company's Manufacturing Operations segment includes manufacturing work performed in each of the Canadian and the United States manufacturing divisions. The Joint Venture Operations segment consists of international joint ventures operations, which operate in the Ghwar fields in Saudi Arabia, and the Villahermosa and Miquetla region in Mexico.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:TDG
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$601.09 million
  • Outstanding Shares: 269,547,000
Average Prices:
  • 50 Day Moving Avg: C$2.32
  • 200 Day Moving Avg: C$2.68
  • 52 Week Range: C$2.05 - C$3.77
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: -3.29
Sales & Book Value:
  • Annual Revenue: C$387.23 million
  • Price / Sales: 1.55
  • Book Value: C$5.08 per share
  • Price / Book: 0.44
Profitability:
  • EBIDTA: C$108.62 million
Misc:
  • Average Volume: 658,711 shs.
  • Short Ratio: 2.16
 

Frequently Asked Questions for Trinidad Drilling (TSE:TDG)

What is Trinidad Drilling's stock symbol?

Trinidad Drilling trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TDG."

Where is Trinidad Drilling's stock going? Where will Trinidad Drilling's stock price be in 2017?

8 equities research analysts have issued 1-year target prices for Trinidad Drilling's shares. Their forecasts range from C$3.00 to C$4.50. On average, they expect Trinidad Drilling's share price to reach C$3.84 in the next year. View Analyst Ratings for Trinidad Drilling.

Who are some of Trinidad Drilling's key competitors?

How do I buy Trinidad Drilling stock?

Shares of Trinidad 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.

How much does a share of Trinidad Drilling stock cost?

One share of Trinidad Drilling stock can currently be purchased for approximately C$2.23.

Analyst Ratings

Consensus Ratings for Trinidad Drilling (TSE:TDG) (?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$3.84

Analysts' Ratings History for Trinidad Drilling (TSE:TDG)
Show:
DateFirmActionRatingPrice TargetDetails
5/11/2017BMO Capital MarketsLower Price TargetMarket PerformC$3.75 -> C$3.00View Rating Details
5/3/2017ScotiabankBoost Price TargetOutperformC$4.25 -> C$4.50View Rating Details
5/3/2017Royal Bank of CanadaLower Price TargetOutperformC$4.50 -> C$4.00View Rating Details
3/16/2017National Bank FinancialUpgradeSector Perform Under Weight -> Outperfrom Under WeightView Rating Details
3/16/2017Raymond James Financial, Inc.Set Price TargetOutperformC$4.10View Rating Details
3/3/2017CIBCLower Price TargetC$4.50 -> C$4.25View Rating Details
2/10/2017TD SecuritiesLower Price TargetBuyC$4.25 -> C$4.00View Rating Details
1/18/2017AltaCorp CapitalUpgradeSector Perform -> OutperformView Rating Details
1/10/2017Canaccord GenuityBoost Price TargetC$4.00 -> C$4.50View Rating Details
7/12/2016FirstEnergy CapitalUpgradeOutperform -> Top PickView Rating Details
6/28/2016Paradigm CapitalReiterated RatingBuyC$3.00View Rating Details
5/19/2016Cowen and CompanyLower Price TargetC$3.25 -> C$2.50View Rating Details
5/11/2016Pi FinancialBoost Price TargetC$2.50 -> C$3.00View Rating Details
6/25/2015Clarus SecuritiesInitiated CoverageBuyView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Trinidad Drilling (TSE:TDG)
Earnings by Quarter for Trinidad Drilling (TSE:TDG)
Earnings History by Quarter for Trinidad Drilling (TSE:TDG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/6/2014$0.05($0.04)$182.46 million$168.95 millionViewN/AView Earnings Details
5/7/2014$0.24$0.20$238.77 million$251.51 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Trinidad Drilling (TSE:TDG)
2017 EPS Consensus Estimate: ($0.22)
2018 EPS Consensus Estimate: ($0.05)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.08)($0.04)($0.06)
Q2 20174($0.08)($0.04)($0.07)
Q3 20174($0.05)($0.04)($0.05)
Q4 20174($0.06)($0.02)($0.04)
Q1 20183($0.01)$0.02$0.00
Q2 20182($0.06)($0.04)($0.05)
Q3 20182($0.01)$0.01$0.00
Q4 20182($0.01)$0.02$0.01
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Trinidad Drilling (TSE:TDG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/17/2015$0.046/26/20156/30/20157/15/2015
3/18/2015$0.043/27/20153/31/20154/15/2015
12/15/2014$0.0412/29/201412/31/20141/15/2015
9/15/2014quarterly$0.059/26/20149/30/201410/15/2014
6/18/2014quarterly$0.056/26/20146/30/20147/15/2014
3/17/2014quarterly$0.053/27/20143/31/20144/15/2014
12/17/2013$0.0512/27/201312/31/20131/15/2014
12/17/2013quarterly$0.052.08%12/27/201312/31/20131/15/2014
9/16/2013quarterly$0.059/30/201310/15/2013
6/14/2013quarterly$0.056/28/20137/15/2013
3/15/2013quarterly$0.053/28/20134/15/2013
12/14/2012quarterly$0.0512/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Trinidad Drilling (TSE:TDG)
Insider Trades by Quarter for Trinidad Drilling (TSE:TDG)
Insider Trades by Quarter for Trinidad Drilling (TSE:TDG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/12/2017Brent John ConwayInsiderBuy100,000C$0.00C$0.00
8/20/2015Elson John McdougaldDirectorBuy3,725C$0.00C$0.00
8/13/2015Michael Erskine HeierDirectorBuy79,500C$0.00C$0.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Trinidad Drilling (TSE:TDG)
Latest Headlines for Trinidad Drilling (TSE:TDG)
Source:
DateHeadline
finance.yahoo.com logoTrinidad Drilling Ltd. breached its 50 day moving average in a Bearish Manner : TDG-CA : May 15, 2017
finance.yahoo.com - May 15 at 3:45 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Trinidad Drilling Ltd.'s Q2 2017 Earnings (TDG)
www.americanbankingnews.com - May 15 at 7:08 AM
americanbankingnews.com logoClarus Securities Equities Analysts Lift Earnings Estimates for Trinidad Drilling Ltd. (TDG)
www.americanbankingnews.com - May 15 at 7:08 AM
americanbankingnews.com logoNational Bank Financial Equities Analysts Raise Earnings Estimates for Trinidad Drilling Ltd. (TDG)
www.americanbankingnews.com - May 15 at 7:06 AM
americanbankingnews.com logoTrinidad Drilling Ltd. Forecasted to Earn Q1 2018 Earnings of ($0.01) Per Share (TDG)
www.americanbankingnews.com - May 12 at 3:52 PM
americanbankingnews.com logoClarus Securities Research Analysts Lower Earnings Estimates for Trinidad Drilling Ltd. (TDG)
www.americanbankingnews.com - May 12 at 3:52 PM
finance.yahoo.com logoEdited Transcript of TDG.TO earnings conference call or presentation 10-May-17 3:00pm GMT
finance.yahoo.com - May 12 at 2:12 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Price Target Lowered to C$3.00 at BMO Capital Markets
www.americanbankingnews.com - May 11 at 2:30 PM
marketwatch.com logoTrinidad Drilling Reports First Quarter Results; Improving Industry Conditions Drive Increased Activity
www.marketwatch.com - May 11 at 2:00 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - May 6 at 7:08 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 5 at 10:43 PM
americanbankingnews.com logoTrinidad Drilling Ltd. to Post FY2017 Earnings of ($0.33) Per Share, National Bank Financial Forecasts (TDG)
www.americanbankingnews.com - May 5 at 1:18 PM
americanbankingnews.com logoClarus Securities Comments on Trinidad Drilling Ltd.'s FY2017 Earnings (TDG)
www.americanbankingnews.com - May 5 at 1:18 PM
americanbankingnews.com logoTrinidad Drilling Ltd. to Post Q4 2018 Earnings of $0.01 Per Share, Clarus Securities Forecasts (TDG)
www.americanbankingnews.com - May 4 at 7:30 PM
finance.yahoo.com logoTrinidad Drilling Ltd. breached its 50 day moving average in a Bullish Manner : TDG-CA : May 4, 2017
finance.yahoo.com - May 4 at 10:30 AM
americanbankingnews.com logoScotiabank Increases Trinidad Drilling Ltd. (TDG) Price Target to C$4.50
www.americanbankingnews.com - May 3 at 4:00 PM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Upgraded by Raymond James Financial, Inc. to "Strong-Buy"
www.americanbankingnews.com - May 2 at 3:48 PM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 13 at 3:24 PM
finance.yahoo.com logoTrinidad Drilling Ltd. – Value Analysis (TORONTO:TDG) : April 12, 2017
finance.yahoo.com - April 12 at 9:38 PM
finance.yahoo.com logoTrinidad Drilling Ltd. breached its 50 day moving average in a Bullish Manner : TDG-CA : April 11, 2017
finance.yahoo.com - April 11 at 9:18 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Upgraded by National Bank Financial to Outperfrom Under Weight
www.americanbankingnews.com - March 22 at 7:35 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Upgraded to Outperfrom Under Weight by National Bank Financial
www.americanbankingnews.com - March 18 at 8:45 AM
marketwatch.com logoTrinidad Drilling Announces Closing of Senior Note Redemption
www.marketwatch.com - March 13 at 7:48 PM
americanbankingnews.com logoCIBC Trims Trinidad Drilling Ltd. (TDG) Target Price to C$4.25
www.americanbankingnews.com - March 9 at 7:36 AM
finance.yahoo.com logoTrinidad Drilling Reports Fourth Quarter and Year-End 2016 Results; Year-Over-Year Results Lower but Industry Conditions Improving
finance.yahoo.com - March 1 at 11:26 PM
biz.yahoo.com logoQ4 2016 Trinidad Drilling Ltd Earnings Release - After Market Close
biz.yahoo.com - March 1 at 9:35 AM
finance.yahoo.com logoResearch Reports Initiated on Energy Stocks Trinidad Drilling, Ensign Energy Services, Global Daily Fantasy Sports, and Savanna Energy Services
finance.yahoo.com - February 28 at 11:36 AM
finance.yahoo.com logoTrinidad Drilling Announces Year-end and Fourth Quarter 2016 Results and Conference Call Schedule
finance.yahoo.com - January 31 at 3:51 AM
marketwatch.com logoTrinidad Drilling Ltd. Commences Tender Offer for Any and All of the Aggregate Principal Amount of its 7 ⅞% Senior Notes Due 2019
www.marketwatch.com - January 26 at 6:17 AM
marketwatch.com logoTrinidad Drilling Ltd. Commences Tender Offer for Any and All of the Aggregate Principal Amount of its 7 ⅞% Senior ... - MarketWatch
www.marketwatch.com - January 26 at 6:17 AM
finance.yahoo.com logoTrinidad Drilling Ltd. Commences Tender Offer for Any and All of the Aggregate Principal Amount of its 7 7/8% Senior Notes Due 2019
finance.yahoo.com - January 26 at 6:17 AM
moodys.com logoTrinidad Drilling Ltd. -- Moody's rates Trinidad Drilling's Notes Caa1
www.moodys.com - January 26 at 6:17 AM
finance.yahoo.com logoIIROC Trading Halt - TDG (all issues)
finance.yahoo.com - January 20 at 7:01 AM

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Chart

Trinidad Drilling (TDG) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff