Precision Drilling Corporation (PDS)

NYSE: PDS · IEX Real-Time Price · USD
62.90
-1.96 (-3.02%)
At close: Aug 19, 2022 4:00 PM
62.90
0.00 (0.00%)
After-hours: Aug 19, 2022 7:00 PM EDT
-3.02%
Market Cap 854.52M
Revenue (ttm) 950.67M
Net Income (ttm) -103.74M
Shares Out 13.59M
EPS (ttm) -10.68
PE Ratio n/a
Forward PE 108.70
Dividend n/a
Ex-Dividend Date n/a
Volume 34,155
Open 63.90
Previous Close 64.86
Day's Range 62.49 - 64.86
52-Week Range 29.26 - 87.19
Beta 3.22
Analysts Buy
Price Target 105.02 (+67.0%)
Earnings Date Jul 27, 2022

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 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's services include land and tur... [Read more...]

Industry Energy Equipment & Services
CEO Kevin Neveu
Employees 3,350
Stock Exchange NYSE
Ticker Symbol PDS
Full Company Profile

Financial Performance

In 2021, PDS's revenue was 986.85 million, an increase of 5.46% compared to the previous year's 935.75 million. Losses were -177.39 million, 47.7% more than in 2020.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for PDS stock is "Buy." The 12-month stock price forecast is 105.02, which is an increase of 66.96% from the latest price.

Price Target
$105.02
(66.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Wall Street Analysts Think Precision Drilling (PDS) Could Surge 61%: Read This Before Placing a Bet

The mean of analysts' price targets for Precision Drilling (PDS) points to a 61.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among ...

Precision Drilling (PDS) Is Attractively Priced Despite Fast-paced Momentum

Precision Drilling (PDS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are stil...

Wall Street Analysts See a 50% Upside in Precision Drilling (PDS): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 49.5% in Precision Drilling (PDS). While the effectiveness of this highly sought-after metric is questionable, th...

Precision Drilling (PDS) Reports Q2 Loss, Tops Revenue Estimates

Precision Drilling (PDS) delivered earnings and revenue surprises of 16.47% and 9.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Precision Drilling Corporation Announces 2022 Second Quarter Unaudited Financial Results

CALGARY, Alberta, July 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 the...

Precision Drilling (PDS) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Precision Drilling (PDS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Precision Drilling Corporation Acquires High Arctic's Well Servicing & Rentals Divisions

CALGARY, Alberta, July 18, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) is pleased to announce that it has entered into an asset purchase agr...

Precision Drilling Announces Release of Annual Corporate Responsibility Report

CALGARY, Alberta, July 08, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the release of its annual Corporate Responsibility Report, which ...

Precision Drilling Corporation 2022 Second Quarter Results Conference Call and Webcast

CALGARY, Alberta, July 07, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 second quarter results before the market opens on Wednesday, July 27, 2022, a...

Precision Drilling Corporation Announces Voting Results from the 2022 Annual and Special Meeting of Shareholders

CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2022 Annual an...

Precision Drilling Corporation Holding Virtual-Only 2022 Annual and Special Meeting of Shareholders on May 12

CALGARY, Alberta, May 02, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) reminds shareholders that it is holding its 2022 Annual and Special Meeting of Shareholders (“Annual Meeti...

Precision Drilling (PDS) Reports Q1 Loss, Tops Revenue Estimates

Precision Drilling (PDS) delivered earnings and revenue surprises of -221.25% and 6.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Precision Drilling Corporation Announces 2022 First Quarter Unaudited Financial Results

CALGARY, Alberta, April 28, 2022 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of th...

Will Precision Drilling (PDS) Report Negative Earnings Next Week? What You Should Know

Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Precision Drilling Corporation 2022 First Quarter Results Conference Call and Webcast

CALGARY, Alberta, April 06, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 first quarter results before the market opens on Thursday, April 28, 2022, a...

Precision Drilling Announces Filing of Management Information Circular and Virtual-Only Annual and Special Meeting of...

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 s...

Precision Drilling (PDS) Stock Jumps 6.2%: Will It Continue to Soar?

Precision Drilling (PDS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near t...

Precision Drilling Corporation Announces Filing of Annual Disclosure Documents

CALGARY, Alberta, March 07, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) announced that it has filed its annual disclosure documents with the securities commissions in each of t...

10 Canadian Energy Stocks to Buy Now

Alberta announced it will balance its 2022/2023 budget, the first Canadian province to do so. That's great news for Canadian energy stocks.

Stocks This Week: Buy Precision Drilling And Chevron Texaco

The February OPEX week is not one of the stronger ones, and the following week is decidedly bearish.

Other symbols: CVX

Precision Drilling (PDS) Reports Q4 Loss, Tops Revenue Estimates

Precision Drilling (PDS) delivered earnings and revenue surprises of -27.34% and 4.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Precision Drilling Corporation Announces 2021 Fourth Quarter and Year-End Unaudited Financial Results

CALGARY, Alberta, Feb. 10, 2022 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the...

Precision Drilling (PDS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Precision Drilling Corporation 2021 Fourth Quarter and End of Year Results Conference Call and Webcast

CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2021 fourth quarter results before the market opens on Thursday, February 10, 2022...

Strength Seen in Precision Drilling (PDS): Can Its 11% Jump Turn into More Strength?

Precision Drilling (PDS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price incr...