Precision Drilling Corporation (PDS)

NYSE: PDS · IEX Real-Time Price · USD
68.26
-0.69 (-1.00%)
At close: Apr 16, 2024, 4:00 PM
68.23
-0.03 (-0.05%)
After-hours: Apr 16, 2024, 4:53 PM EDT
-1.00%
Market Cap 988.31M
Revenue (ttm) 1.46B
Net Income (ttm) 217.48M
Shares Out 14.48M
EPS (ttm) 14.13
PE Ratio 4.82
Forward PE 7.56
Dividend n/a
Ex-Dividend Date n/a
Volume 63,223
Open 68.43
Previous Close 68.95
Day's Range 67.03 - 68.43
52-Week Range 41.56 - 77.21
Beta 2.92
Analysts Strong Buy
Price Target 107.00 (+56.75%)
Earnings Date Apr 25, 2024

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 North America and the Middle East. The company 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 geothermal, oil and natural gas industry. This segment offers services incl... [Read more]

Sector Energy
CEO Kevin A. Neveu B.Sc., P.Eng
Employees 5,000
Stock Exchange NYSE
Ticker Symbol PDS
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PDS stock is "Strong Buy." The 12-month stock price forecast is $107.0, which is an increase of 56.75% from the latest price.

Price Target
$107.0
(56.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

13 days 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...

14 days ago - GlobeNewsWire

Precision Drilling Corporation Announces Filing of Annual Disclosure Documents

CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) announces that it has filed its annual disclosure documents with the securities commissions in each of t...

6 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

Precision Drilling Meets 2023 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates

CALGARY, Alberta, Jan. 05, 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...

3 months ago - GlobeNewsWire

Precision Drilling Corporation 2023 Fourth Quarter and Year-End Results Conference Call and Webcast

CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 fourth quarter and year-end results before the market opens on Tuesday, Feb...

3 months ago - GlobeNewsWire

Precision Drilling Completes Acquisition of CWC Energy Services Corp.

CALGARY, Alberta, Nov. 08, 2023 (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 Announces 2023 Third Quarter Unaudited Financial Results

CALGARY, Alberta, Oct. 26, 2023 (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 months ago - GlobeNewsWire

Precision Drilling Corporation 2023 Third Quarter Results Conference Call and Webcast

CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 third quarter results before the market opens on Thursday, October 26, 2023...

6 months ago - GlobeNewsWire

Precision Announces Renewal of Normal Course Issuer Bid

CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) announced today that the Toronto Stock Exchange (the “TSX”) has ap...

7 months ago - GlobeNewsWire

Precision Drilling Announces Acquisition of CWC Energy Services

CALGARY, Alberta, Sept. 07, 2023 (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 Announces 2023 Second Quarter Unaudited Financial Results

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of t...

9 months ago - GlobeNewsWire

Precision Drilling Corporation 2023 Second Quarter Results Conference Call And Webcast

CALGARY, Alberta, July 06, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 second quarter results before the market opens on Thursday, July 27, 2023, ...

10 months ago - GlobeNewsWire

Precision Drilling Corporation Provides Activity Update

CALGARY, Alberta, June 01, 2023 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of t...

11 months ago - GlobeNewsWire

Precision Drilling Corporation Announces Voting Results From the 2023 Annual Meeting of Shareholders

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2023 Annual ...

1 year ago - GlobeNewsWire

Precision Drilling Corporation Holding Virtual-Only 2023 Annual Meeting of Shareholders on May 11

CALGARY, Alberta, May 05, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) reminds shareholders that it is holding its 2023 Annual Meeting of Shareholders (“the Annual Meeting”) o...

1 year ago - GlobeNewsWire

Precision Drilling Announces 2023 First Quarter Unaudited Financial Results

CALGARY, Alberta, April 26, 2023 (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 2023 First Quarter Results Conference Call and Webcast

CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 first quarter results before the market opens on Wednesday, April 26, 2023...

1 year ago - GlobeNewsWire

Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual Meeting of Shareholders

CALGARY, Alberta, March 29, 2023 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information...

1 year ago - GlobeNewsWire

Precision Drilling Releases 2022 ESG Performance Data

CALGARY, Alberta, March 28, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) today announced it has released its 2022 Environmental, Social and...

1 year ago - GlobeNewsWire

Precision Drilling Corporation Announces 2022 Fourth Quarter and Year-End Unaudited Financial Results

CALGARY, Alberta, Feb. 09, 2023 (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

Precision Drilling Corporation 2022 Fourth Quarter and Year-End Results Conference Call and Webcast

CALGARY, Alberta, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 fourth quarter and year-end results before the market opens on Thursday, Fe...

1 year ago - GlobeNewsWire

Precision Drilling Exceeds 2022 Debt Repayment Guidance and Provides Capital Allocation and Operational Updates

CALGARY, Alberta, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) provides a series of positive announcements including: 1) 2022 debt...

1 year ago - GlobeNewsWire

Precision Drilling Corporation Announces 2022 Third Quarter Unaudited Financial Results

CALGARY, Alberta, Oct. 27, 2022 (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

Precision Drilling Corporation Announces Four Kuwait Contract Awards

This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and...

1 year ago - GlobeNewsWire