Trinidad 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:
Capitalization:- Market Cap: C$517.53 million
- Outstanding Shares: 269,547,000
Average Prices:- 50 Day Moving Avg: C$1.94
- 200 Day Moving Avg: C$2.42
- 52 Week Range: C$1.74 - C$3.77
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: -2.77
Sales & Book Value:- Annual Revenue: C$387.23 million
- Price / Sales: 1.34
- Book Value: C$5.08 per share
- Price / Book: 0.38
Profitability:- EBIDTA: C$108.62 million
- Net Margins: -9.13%
- Return on Equity: -3.72%
- Return on Assets: -2.46%
Misc:- Average Volume: 586,614 shs.
- Short Ratio: 5.76
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?
6 equities research analysts have issued 1 year price objectives for Trinidad Drilling's shares. Their forecasts range from C$2.50 to C$4.50. On average, they expect Trinidad Drilling's share price to reach C$3.70 in the next year. View Analyst Ratings for Trinidad Drilling.
Who are some of Trinidad Drilling's key competitors?
Some companies that are related to Trinidad Drilling include Altus Group Ltd (AIF), Ensign Energy Services (ESI), TMAC Resources (TMR), Western Forest Products (WEF), Torc Oil And Gas Ltd (TOG), MTY Food Group (MTY), Semafo (SMF), Fortuna Silver Mines (FVI), Just Energy Group (JE), Badger Daylighting Ltd (BAD), Chorus Aviation (CHR), Nevsun Resources (NSU), Martinrea International (MRE), Exchange Income (EIF), Gran Tierra Energy (GTE), Guyana Goldfields (GUY), Aecon Group (ARE) and Ag Growth International (AFN).
Who are Trinidad Drilling's key executives?
Trinidad Drilling's management team includes the folowing people:
- Michael E. Heier, Independent Chairman of the Board
- Brent J. Conway, President, Chief Executive Officer
- Lesley Bolster, Chief Financial Officer
- Randy Hawkings, Executive Vice President - US Operations
- Gavin Lane, Vice President - Finance
- Ronald Parent, Vice President, Human Resources
- Adrian Lachance, Chief Operating Officer, U.S. and International Operations
- Scott W. N. Clarke, Corporate Secretary
- Kenneth Stanley Stickland, Lead Independent Director
- Jim Brown, Independent Director
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.
What is Trinidad Drilling's stock price today?
One share of Trinidad Drilling stock can currently be purchased for approximately C$1.92.
MarketBeat Community Rating for Trinidad Drilling (TSE TDG)MarketBeat's community ratings are surveys of what our community members think about Trinidad 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 Trinidad Drilling (TSE:TDG) (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: | 1 Hold Rating, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.83) |
| Consensus Price Target: | C$3.70 |
Analysts' Ratings History for Trinidad Drilling (TSE:TDG)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 7/11/2017 | Canaccord Genuity | Lower Price Target | | C$3.50 -> C$2.50 |  |
| 6/21/2017 | Royal Bank Of Canada | Reiterated Rating | Outperform | C$4.00 | |
| 5/11/2017 | BMO Capital Markets | Lower Price Target | Market Perform | C$3.75 -> C$3.00 | |
| 5/3/2017 | Scotiabank | Boost Price Target | Outperform | C$4.25 -> C$4.50 | |
| 3/16/2017 | National Bank Financial | Upgrade | Sector Perform Under Weight -> Outperfrom Under Weight | | |
| 3/16/2017 | Raymond James Financial, Inc. | Set Price Target | Outperform | C$4.10 | |
| 3/3/2017 | CIBC | Lower Price Target | | C$4.50 -> C$4.25 | |
| 2/10/2017 | TD Securities | Lower Price Target | Buy | C$4.25 -> C$4.00 | |
| 1/18/2017 | AltaCorp Capital | Upgrade | Sector Perform -> Outperform | | |
| 7/12/2016 | FirstEnergy Capital | Upgrade | Outperform -> Top Pick | | |
| 6/28/2016 | Paradigm Capital | Reiterated Rating | Buy | C$3.00 | |
| 5/19/2016 | Cowen and Company | Lower Price Target | | C$3.25 -> C$2.50 | |
| 5/11/2016 | Pi Financial | Boost Price Target | | C$2.50 -> C$3.00 | |
(Data available from 7/24/2015 forward)
Earnings History for Trinidad Drilling (TSE:TDG)Earnings History by Quarter for Trinidad Drilling (TSE TDG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/6/2014 | | $0.05 | ($0.04) | $182.46 million | $168.95 million | View | N/A | |
| 5/7/2014 | | $0.24 | $0.20 | $238.77 million | $251.51 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Trinidad Drilling (TSE:TDG)2017 EPS Consensus Estimate: ($0.22)
2018 EPS Consensus Estimate: ($0.05)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | ($0.08) | ($0.04) | ($0.06) |
| Q2 2017 | 4 | ($0.08) | ($0.04) | ($0.07) |
| Q3 2017 | 4 | ($0.05) | ($0.04) | ($0.05) |
| Q4 2017 | 4 | ($0.06) | ($0.02) | ($0.04) |
| Q1 2018 | 3 | ($0.01) | $0.02 | $0.00 |
| Q2 2018 | 2 | ($0.06) | ($0.04) | ($0.05) |
| Q3 2018 | 2 | ($0.01) | $0.01 | $0.00 |
| Q4 2018 | 2 | ($0.01) | $0.02 | $0.01 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Trinidad Drilling (TSE TDG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/17/2015 | | $0.04 | | 6/26/2015 | 6/30/2015 | 7/15/2015 |
| 3/18/2015 | | $0.04 | | 3/27/2015 | 3/31/2015 | 4/15/2015 |
| 12/15/2014 | | $0.04 | | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 9/15/2014 | quarterly | $0.05 | | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 6/18/2014 | quarterly | $0.05 | | 6/26/2014 | 6/30/2014 | 7/15/2014 |
| 3/17/2014 | quarterly | $0.05 | | 3/27/2014 | 3/31/2014 | 4/15/2014 |
| 12/17/2013 | | $0.05 | | 12/27/2013 | 12/31/2013 | 1/15/2014 |
| 12/17/2013 | quarterly | $0.05 | 2.08% | 12/27/2013 | 12/31/2013 | 1/15/2014 |
| 9/16/2013 | quarterly | $0.05 | | | 9/30/2013 | 10/15/2013 |
| 6/14/2013 | quarterly | $0.05 | | | 6/28/2013 | 7/15/2013 |
| 3/15/2013 | quarterly | $0.05 | | | 3/28/2013 | 4/15/2013 |
| 12/14/2012 | quarterly | $0.05 | | | 12/31/2012 | 1/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Trinidad Drilling (TSE:TDG)Insider Trades by Quarter for Trinidad Drilling (TSE:TDG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/12/2017 | Brent John Conway | Insider | Buy | 100,000 | C$0.00 | C$0.00 | |
| 8/20/2015 | Elson John Mcdougald | Director | Buy | 3,725 | C$0.00 | C$0.00 | |
| 8/13/2015 | Michael Erskine Heier | Director | Buy | 79,500 | C$0.00 | C$0.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Trinidad Drilling (TSE:TDG)
Latest Headlines for Trinidad Drilling (TSE:TDG)
| Source: |
|
| Date | Headline |
|---|
 | Trinidad Drilling Ltd. -- Moody's changes Trinidad Drilling's outlook to stable; affirms B3 CFR
finance.yahoo.com - July 21 at 7:41 AM |
 | Trinidad Drilling Ltd. (TDG) PT Lowered to C$2.50
www.americanbankingnews.com - July 11 at 2:21 PM |
 | Trinidad Drilling Second Quarter 2017 Results and Conference Call - GlobeNewswire (press release)
globenewswire.com - July 1 at 8:05 AM |
| Trinidad Drilling Second Quarter 2017 Results and Conference Call
finance.yahoo.com - July 1 at 8:05 AM |
| Trinidad Drilling Ltd. (TDG) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 27 at 7:42 AM |
| Trinidad Drilling Ltd. (TDG) Rating Reiterated by Royal Bank Of Canada
www.americanbankingnews.com - June 25 at 5:32 PM |
| Trinidad 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 |
| Research Analysts Issue Forecasts for Trinidad Drilling Ltd.'s Q2 2017 Earnings (TDG)
www.americanbankingnews.com - May 15 at 7:08 AM |
| Clarus Securities Equities Analysts Lift Earnings Estimates for Trinidad Drilling Ltd. (TDG)
www.americanbankingnews.com - May 15 at 7:08 AM |
| National Bank Financial Equities Analysts Raise Earnings Estimates for Trinidad Drilling Ltd. (TDG)
www.americanbankingnews.com - May 15 at 7:06 AM |
| Trinidad Drilling Ltd. Forecasted to Earn Q1 2018 Earnings of ($0.01) Per Share (TDG)
www.americanbankingnews.com - May 12 at 3:52 PM |
| Clarus Securities Research Analysts Lower Earnings Estimates for Trinidad Drilling Ltd. (TDG)
www.americanbankingnews.com - May 12 at 3:52 PM |
| Edited Transcript of TDG.TO earnings conference call or presentation 10-May-17 3:00pm GMT
finance.yahoo.com - May 12 at 2:12 AM |
| Trinidad Drilling Ltd. (TDG) Price Target Lowered to C$3.00 at BMO Capital Markets
www.americanbankingnews.com - May 11 at 2:30 PM |
 | Trinidad Drilling Reports First Quarter Results; Improving Industry Conditions Drive Increased Activity
www.marketwatch.com - May 11 at 2:00 AM |
| Trinidad Drilling Ltd. (TDG) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - May 6 at 7:08 AM |
| Trinidad Drilling Ltd. (TDG) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 5 at 10:43 PM |
| Trinidad 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 |
| Clarus Securities Comments on Trinidad Drilling Ltd.'s FY2017 Earnings (TDG)
www.americanbankingnews.com - May 5 at 1:18 PM |
| Trinidad 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 |
| Trinidad 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 |
| Scotiabank Increases Trinidad Drilling Ltd. (TDG) Price Target to C$4.50
www.americanbankingnews.com - May 3 at 4:00 PM |
| Trinidad Drilling Ltd. (TDG) Upgraded by Raymond James Financial, Inc. to "Strong-Buy"
www.americanbankingnews.com - May 2 at 3:48 PM |
| Trinidad Drilling Ltd. (TDG) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 13 at 3:24 PM |
| Trinidad Drilling Ltd. – Value Analysis (TORONTO:TDG) : April 12, 2017
finance.yahoo.com - April 12 at 9:38 PM |
| Trinidad 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 |
| Trinidad Drilling Ltd. (TDG) Upgraded by National Bank Financial to Outperfrom Under Weight
www.americanbankingnews.com - March 22 at 7:35 AM |
| Trinidad Drilling Ltd. (TDG) Upgraded to Outperfrom Under Weight by National Bank Financial
www.americanbankingnews.com - March 18 at 8:45 AM |
| Trinidad Drilling Announces Closing of Senior Note Redemption
www.marketwatch.com - March 13 at 7:48 PM |
| CIBC Trims Trinidad Drilling Ltd. (TDG) Target Price to C$4.25
www.americanbankingnews.com - March 9 at 7:36 AM |
| Trinidad 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 |
| Q4 2016 Trinidad Drilling Ltd Earnings Release - After Market Close
biz.yahoo.com - March 1 at 9:35 AM |
| Research 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 |
| Trinidad Drilling Announces Year-end and Fourth Quarter 2016 Results and Conference Call Schedule
finance.yahoo.com - January 31 at 3:51 AM |
| Trinidad 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 |
| Trinidad 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 |
| Trinidad 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 |
 | Trinidad Drilling Ltd. -- Moody's rates Trinidad Drilling's Notes Caa1
www.moodys.com - January 26 at 6:17 AM |
| IIROC Trading Halt - TDG (all issues)
finance.yahoo.com - January 20 at 7:01 AM |
Trinidad Drilling (TDG) Chart for Monday, July, 24, 2017
