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: Basic Materials
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Symbol: TSE:TDG
  • CUSIP: N/A
  • Web: www.trinidaddrilling.com
Capitalization:
  • Market Cap: C$444.75 million
  • Outstanding Shares: 269,547,000
Average Prices:
  • 50 Day Moving Avg: C$1.72
  • 200 Day Moving Avg: C$1.95
  • 52 Week Range: C$1.52 - C$3.77
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: -2.77
Sales & Book Value:
  • Annual Revenue: C$393.92 million
  • Price / Sales: 1.13
  • Book Value: C$4.99 per share
  • Price / Book: 0.33
Profitability:
  • EBITDA: C$72.1 million
  • Net Margins: -5.91%
  • Return on Equity: -1.65%
  • Return on Assets: -1.24%
Misc:
  • Average Volume: 787,252 shs.
  • Short Ratio: 5.1
 

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."

When will Trinidad Drilling make its next earnings announcement?

Trinidad Drilling is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Trinidad Drilling.

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

7 brokerages have issued 12 month price objectives for Trinidad Drilling's stock. Their forecasts range from C$1.90 to C$4.50. On average, they expect Trinidad Drilling's share price to reach C$3.26 in the next year. View Analyst Ratings for Trinidad Drilling.

Who are some of Trinidad Drilling's key competitors?

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
  • Adrian Lachance, Chief Operating Officer, U.S. and International Operations
  • Randy Hawkings, Executive Vice President - US Operations
  • Gavin Lane, Vice President - Finance
  • Ronald Parent, Vice President - Human Resources
  • 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$1.65.


MarketBeat Community Rating for Trinidad Drilling (TSE TDG)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  413 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  621
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.

Analyst Ratings

Consensus Ratings for Trinidad Drilling (TSE:TDG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: C$3.26
Consensus Price Target History for Trinidad Drilling (TSE:TDG)
Price Target History for Trinidad Drilling (TSE:TDG)
Analysts' Ratings History for Trinidad Drilling (TSE:TDG)
Show:
DateFirmActionRatingPrice TargetDetails
10/6/2017Royal Bank Of CanadaLower Price TargetOutperformC$3.50 -> C$3.00View Rating Details
8/22/2017Raymond James Financial, Inc.Lower Price TargetSpeculative BuyC$3.80 -> C$2.80View Rating Details
8/3/2017National Bank FinancialLower Price TargetC$3.25 -> C$2.60View Rating Details
8/3/2017BMO Capital MarketsUpgradeMarket Perform -> OutperformC$3.00View Rating Details
8/2/2017Canaccord GenuityDowngradeBuy -> HoldC$2.50 -> C$1.90View Rating Details
5/3/2017ScotiabankBoost Price TargetOutperformC$4.25 -> C$4.50View 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
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
(Data available from 10/18/2015 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
11/8/2017C($0.06)N/AView Earnings Details
10/31/2017C($0.05)N/AView Earnings Details
8/6/2014C$0.05C($0.04)C$182.46 millionC$168.95 millionViewN/AView Earnings Details
5/7/2014C$0.24C$0.20C$238.77 millionC$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: ($0.23)
2018 EPS Consensus Estimate: ($0.06)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.08)($0.04)($0.06)
Q2 20174($0.08)($0.04)($0.07)
Q3 20174($0.07)($0.04)($0.05)
Q4 20174($0.07)($0.02)($0.05)
Q1 20183($0.02)$0.02$0.00
Q2 20182($0.06)($0.04)($0.05)
Q3 20182($0.01)$0.00($0.01)
Q4 20182($0.01)$0.00($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
9/18/2017Ronald ParentInsiderBuy4,700C$0.00C$0.00
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. – Value Analysis (TORONTO:TDG) : October 13, 2017
finance.yahoo.com - October 14 at 8:27 AM
finance.yahoo.com logoTrinidad Drilling Ltd. breached its 50 day moving average in a Bearish Manner : TDG-CA : October 12, 2017
finance.yahoo.com - October 13 at 9:12 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - October 7 at 6:52 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Given New C$3.00 Price Target at Royal Bank Of Canada
www.americanbankingnews.com - October 6 at 1:44 PM
finance.yahoo.com logoCORRECTION - Trinidad Drilling Third Quarter 2017 Results and Conference Call
finance.yahoo.com - October 3 at 1:22 PM
globenewswire.com logoTrinidad Drilling Ltd. Announces Normal Course Issuer Bid
globenewswire.com - September 27 at 5:55 PM
finance.yahoo.com logoTrinidad Drilling Ltd. breached its 50 day moving average in a Bullish Manner : TDG-CA : September 19, 2017
finance.yahoo.com - September 20 at 9:51 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 12 at 6:34 AM
americanbankingnews.com logoTrinidad Drilling Ltd. to Post FY2017 Earnings of ($0.21) Per Share, National Bank Financial Forecasts (TDG)
www.americanbankingnews.com - August 31 at 8:42 AM
americanbankingnews.com logoFY2017 EPS Estimates for Trinidad Drilling Ltd. Reduced by Cormark (TDG)
www.americanbankingnews.com - August 31 at 8:42 AM
americanbankingnews.com logoTrinidad Drilling Ltd. to Post Q4 2018 Earnings of $0.00 Per Share, Cormark Forecasts (TDG)
www.americanbankingnews.com - August 30 at 1:00 PM
finance.yahoo.com logoTrinidad Drilling Announces Strategic Acquisition of RigMinder, a Global Provider of Rig Technology
finance.yahoo.com - August 29 at 8:33 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Price Target Cut to C$2.80 by Analysts at Raymond James Financial, Inc.
www.americanbankingnews.com - August 22 at 2:36 PM
finance.yahoo.com logoETFs with exposure to Trinidad Drilling Ltd. : August 17, 2017
finance.yahoo.com - August 18 at 7:48 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 18 at 6:40 AM
finance.yahoo.com logoReport Coverage on Energy Stocks, Trinidad Drilling, CES Energy Solutions and Technology, Ensign Energy Services and Western Energy Services
finance.yahoo.com - August 10 at 8:34 AM
americanbankingnews.com logoFY2017 Earnings Estimate for Trinidad Drilling Ltd. (TDG) Issued By Cormark
www.americanbankingnews.com - August 7 at 7:46 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Trinidad Drilling Ltd. (TSE:TDG) Cut by Analyst
www.americanbankingnews.com - August 7 at 7:18 AM
finance.yahoo.com logoTrinidad Drilling Ltd. :TDG-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 7:38 AM
americanbankingnews.com logoQ3 2018 EPS Estimates for Trinidad Drilling Ltd. (TDG) Lowered by Analyst
www.americanbankingnews.com - August 4 at 5:20 PM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Upgraded to Outperform at BMO Capital Markets
www.americanbankingnews.com - August 3 at 3:14 PM
americanbankingnews.com logoNational Bank Financial Cuts Trinidad Drilling Ltd. (TSE:TDG) Price Target to C$2.60
www.americanbankingnews.com - August 3 at 3:14 PM
finance.yahoo.com logoEdited Transcript of TDG.TO earnings conference call or presentation 2-Aug-17 3:00pm GMT
finance.yahoo.com - August 3 at 7:49 AM
finance.yahoo.com logoTrinidad Drilling Reports Second Quarter 2017 Results; Improving Industry Conditions Drive Increased Year-Over-Year Activity
finance.yahoo.com - August 2 at 7:41 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TSE:TDG) to Release Earnings on Tuesday
www.americanbankingnews.com - July 27 at 5:20 PM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 24 at 9:14 AM
finance.yahoo.com logoTrinidad Drilling Ltd. -- Moody's changes Trinidad Drilling's outlook to stable; affirms B3 CFR
finance.yahoo.com - July 21 at 7:41 AM
americanbankingnews.com logoTrinidad Drilling Ltd. (TDG) PT Lowered to C$2.50
www.americanbankingnews.com - July 11 at 2:21 PM
globenewswire.com logoTrinidad Drilling Second Quarter 2017 Results and Conference Call - GlobeNewswire (press release)
globenewswire.com - July 1 at 8:05 AM
finance.yahoo.com logoTrinidad Drilling Second Quarter 2017 Results and Conference Call
finance.yahoo.com - July 1 at 8:05 AM
marketwatch.com logoTrinidad Drilling Reports First Quarter Results; Improving Industry Conditions Drive Increased Activity
www.marketwatch.com - May 11 at 2:00 AM
marketwatch.com logoTrinidad Drilling Announces Closing of Senior Note Redemption
www.marketwatch.com - March 13 at 7:48 PM
biz.yahoo.com logoQ4 2016 Trinidad Drilling Ltd Earnings Release - After Market Close
biz.yahoo.com - March 1 at 9:35 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
moodys.com logoTrinidad Drilling Ltd. -- Moody's rates Trinidad Drilling's Notes Caa1
www.moodys.com - January 26 at 6:17 AM

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Chart

Trinidad Drilling (TDG) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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