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Precision Drilling Corporation (PDS)

Stock Price: $20.47 USD 1.34 (7.00%)
Updated December 1, 1:03 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 561.90M
Revenue (ttm) 1.18B
Net Income (ttm) 5.05M
Shares Out 13.73M
EPS (ttm) -0.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day December 1
Last Price $20.47
Previous Close $19.13
Change ($) 1.34
Change (%) 7.00%
Day's Open 19.50
Day's Range 19.50 - 20.47
Day's Volume 81,549
52-Week Range 5.70 - 32.20

More Stats

Market Cap 561.90M
Enterprise Value 1.65B
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 13.73M
Float n/a
EPS (basic) n/a
EPS (diluted) -0.37
FCF / Share 11.38
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 29.76%
Payout Ratio n/a
Shares Short 189,732
Short Ratio 5.32
Short % of Float n/a
Beta 5.81
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 3.36
PS Ratio 0.48
PB Ratio 0.24
Revenue 1.18B
Operating Income 72.20M
Net Income 5.05M
Free Cash Flow 167.21M
Net Cash -1.08B
Net Cash / Share -39.49
Gross Margin 32.59%
Operating Margin 6.14%
Profit Margin 0.40%
FCF Margin 14.21%
ROA -0.22%
ROE -5.55%
ROIC 2.40%
Key stats in USD, based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (15)

Buy 6
Overweight 0
Hold 8
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$20.44*
(-0.15% downside)
Low
12.0
Current: $20.47
High
30.7
Target: 20.44
*Average 12-month USD price target from 14 stock analysts.

Financial Performance

Financial numbers in millions CAD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,5411,5411,3211,0031,5562,3512,0302,0411,9511,430
Revenue Growth0.01%16.65%31.7%-35.51%-33.82%15.79%-0.53%4.6%36.47%-
Gross Profit502474395342621945781797820543
Operating Income94.58-198-88.08-156-478130306118329225
Net Income6.62-294-132-156-36333.1519152.3619343.54
Shares Outstanding294293293293293292276276276276
Earnings Per Share0.02-1.00-0.45-0.53-1.240.110.660.180.670.15
EPS Growth------83.33%266.67%-73.13%346.67%-
Dividend Per Share----0.220.230.260.05--
Dividend Growth-----2.65%-11.37%400%---
Operating Cash Flow288293117123517680428635533306
Capital Expenditures-69.12-90.12-59.98-196-449-755-522-837-710-164
Free Cash Flow21920356.57-73.1268.09-74.71-94.35-201-178143
Cash & Equivalents74.7096.6365.0811644549180.61153467257
Total Debt1,4951,7061,7301,9072,1811,8521,3231,2191,240804
Net Cash / Debt-1,420-1,610-1,665-1,791-1,736-1,361-1,243-1,066-772-548
Assets3,2703,6363,8934,3244,8795,3094,5794,3004,4283,565
Liabilities1,7422,0782,0832,3622,7572,8682,1802,1292,2951,632
Book Value1,5271,5581,8101,9622,1212,4412,3992,1712,1331,933
Numbers in millions CAD, except per-share numbers.

Company Profile

Company Details

Full Name Precision Drilling Corporation
Country Canada
Employees 4,496
CEO Kevin Arthur Neveu

Stock Information

Ticker Symbol PDS
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Drilling
Unique Identifier NYSE: PDS

Description

Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment provides land drilling, directional drilling, and turnkey drilling services; and procures and distributes oilfield supplies, as well as manufactures and refurbishes drilling and service rig equipment. As of December 31, 2019, this segment operated 226 land drilling rigs, including 109 in Canada; 104 in the United States; 6 in Kuwai; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; and oilfield surface equipment rentals, as well as pressure control services to oil and natural gas exploration and production companies. As of December 31, 2019, this segment operated 123 well completion and workover service rigs, including 114 in Canada; 9 in the United States; approximately 1,700 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 42 drilling camps in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.