Precision Drilling Corporation (PDS)
Market Cap | 619.03M |
Revenue (ttm) | 1.32B |
Net Income (ttm) | 77.28M |
Shares Out | 13.64M |
EPS (ttm) | 5.43 |
PE Ratio | 8.01 |
Forward PE | 8.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 124,089 |
Open | 46.47 |
Previous Close | 46.68 |
Day's Range | 45.27 - 46.28 |
52-Week Range | 43.00 - 79.07 |
Beta | 2.82 |
Analysts | Buy |
Price Target | 95.00 (+109.44%) |
Earnings Date | Apr 24, 2025 |
About PDS
Precision 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 the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil, natural gas, and geothermal industry. This segment also offers se... [Read more]
Financial Performance
In 2024, Precision Drilling's revenue was 1.90 billion, a decrease of -1.83% compared to the previous year's 1.94 billion. Earnings were 111.20 million, a decrease of -61.56%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to one analyst, the rating for PDS stock is "Buy" and the 12-month stock price forecast is $95.0.
News

Precision Drilling Corporation 2025 First Quarter Results Conference Call and Webcast
CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2025 first quarter results after the market closes on Wednesday, April 23, 2025, ...

Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
CALGARY, Alberta, March 10, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) announces that it has filed its annual disclosure documents with the securities commissions in each of t...

Precision Drilling: Accelerating Capital Returns Should Put A Floor On The Stock
Precision Drilling Corporation underwhelmed in its Q4-2024 report. The company did deliver on its debt reduction target and cash flow should start flowing increasingly in the direction of shareholders...

Precision Drilling Corporation (PDS) Q4 2024 Earnings Call Transcript
Precision Drilling Corporation (NYSE:PDS) Q4 2024 Earnings Conference Call February 13, 2025 1:00 PM ET Company Participants Lavonne Zdunich - VP, Investor Relations Carey Ford - CFO Kevin Neveu - Pr...

Precision Drilling Announces 2024 Fourth Quarter and Year End Unaudited Financial Results
CALGARY, Alberta, Feb. 12, 2025 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of t...

Precision Drilling Corporation 2024 Fourth Quarter and Year-End Results Conference Call and Webcast
CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 fourth quarter and year-end results after the market closes on Wednesday, Feb...

Precision Drilling Meets 2024 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and th...

Drill Bit Market Size Will Hit USD 4.12 Billion by 2032, Owing to Increasing Demand for Precision Drilling Technologies | Report by SNS Insider
“The global drill bit market is expanding rapidly, driven by rising demand from industries like oil & gas, mining, aerospace, and construction for durable, high-performance drilling technologies.” “Th...

Precision Drilling: Capitalizing On Strong Activity In Canada
Precision Drilling's Q3 report shows strong performance in Canada, where rig demand is at multiyear highs. While the U.S. market remains a weakness, Precision Drilling is generating adequate margins o...

Precision Drilling Corporation (PDS) Q3 2024 Earnings Conference Call Transcript
Precision Drilling Corporation (NYSE:PDS) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Lavonne Zdunich - VP, IR Carey Ford - CFO Kevin Neveu - President and CEO C...

Precision Drilling Announces 2024 Third Quarter Unaudited Financial Results
CALGARY, Alberta, Oct. 29, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of t...

Precision Drilling Corporation 2024 Third Quarter Results Conference Call and Webcast
CALGARY, Alberta, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, a...

Precision Drilling: Get 20% Free Cash Flow Yield At The Cyclical Bottom
U.S. drilling activity is at a cyclical bottom, but Canada is at multiyear highs. The Canadian exposure and its high-spec rigs allow Precision Drilling to maintain a 20% FCF yield even now. Investors ...

Precision Drilling Announces Renewal of Normal Course Issuer Bid
CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of ...

Precision Drilling Corporation (PDS) Q2 2024 Earnings Call Transcript
Precision Drilling Corporation (NYSE:PDS) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Lavonne Zdunich – Vice President-Investor Relations Kevin Neveu – President an...

Precision Drilling Announces 2024 Second Quarter Unaudited Financial Results
CALGARY, Alberta, July 30, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of t...

Precision Drilling: Automation Makes It A Buy
Precision Drilling Corporation is experiencing growth in service rigs, driven by Trans Mountain pipeline expansion and regulatory spending requirements, potentially accelerating demand for the stock. ...

Precision Drilling Corporation 2024 Second Quarter Results Conference Call and Webcast
CALGARY, Alberta, July 03, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024, and...

Precision Drilling Corporation Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders
CALGARY, Alberta, May 16, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2024 Annual and ...

Precision Drilling Corporation (PDS) Q1 2024 Earnings Call Transcript
Precision Drilling Corporation (NYSE:PDS) Q1 2024 Earnings Conference Call April 25, 2024 2:00 PM ET Company Participants Lavonne Zdunich - Vice President, Investor Relations Kevin Neveu - President ...

Precision Drilling Announces 2024 First Quarter Unaudited Financial Results
CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of ...

Precision Drilling Corporation Announces Filing of Management Information Circular, Virtual-Only Annual and Special Meeting of Shareholders, and 2023 ESG Performance Data
CALGARY, Alberta, April 03, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) announces today the filing of its Management Information Circular (the...

Precision Drilling Corporation 2024 First Quarter Results Conference Call and Webcast
CALGARY, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 first quarter results before the market opens on Thursday, April 25, 2024, a...

Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript
Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript

Precision Drilling Reports 2023 Fourth Quarter and Year-End Unaudited Financial Results
CALGARY, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of t...