Precision Drilling Corporation (PDS)

NYSE: PDS · Real-Time Price · USD
45.36
-1.32 (-2.83%)
At close: Mar 28, 2025, 4:00 PM
45.04
-0.32 (-0.71%)
After-hours: Mar 28, 2025, 8:00 PM EDT
-2.83%
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]

Sector Energy
Founded 1951
Employees 5,504
Stock Exchange NYSE
Ticker Symbol PDS
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for PDS stock is "Buy" and the 12-month stock price forecast is $95.0.

Price Target
$95.0
(109.44% upside)
Analyst Consensus: Buy
Stock Forecasts

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, ...

2 days ago - GlobeNewsWire

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...

18 days ago - GlobeNewsWire

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...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - Seeking Alpha

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 ...

7 months ago - GlobeNewsWire

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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. ...

9 months ago - Seeking Alpha

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...

9 months ago - GlobeNewsWire

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 ...

11 months ago - GlobeNewsWire

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 ...

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript

Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire