Precision Drilling Corporation (PDS)

CA — Energy Sector

Peers: HP NBR DO SDRL PTEN NE BORR RIG

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Key Metrics & Ratings

symbol PDS
Rev/Share 136.7296
Book/Share 124.3075
PB 0.4767
Debt/Equity 0.5126
CurrentRatio 0.9144
ROIC 0.0787

MktCap 806141270.5438
FreeCF/Share 18.8194
PFCF 3.1306
PE 7.4035
Debt/Assets 0.2982
DivYield 0
ROE 0.0656

Rating B+
Score 3
Recommendation Neutral
P/E Score 3
DCF Score 4
P/B Score 4
D/E Score 2

Recent Analyst Ratings

Type	Ticker	Analyst Firm	Previous Rating	Current Rating	Previous Price Target	Current Price Target	Date
Downgrade	PDS	Raymond James	Strong Buy	Outperform	--	--	April 9, 2025

News

Precision Drilling: Oilfield Activity In Canada Appears Resilient, So Far

PDS
Published: May 27, 2025 by: Seeking Alpha
Sentiment: Positive

Oil drilling activity in the U.S. will be cut back due to low prices. However, drilling in Canada is robust due to structural factors, at least for now. Precision Drilling gets 2/3 of its revenue from Canada and may weather the downturn better than its U.S. focused competitors.

image for news Precision Drilling: Oilfield Activity In Canada Appears Resilient, So Far

Precision Drilling: Accelerating Capital Returns Should Put A Floor On The Stock

PDS
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral

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. We go over the numbers and tell you how we are playing this.

image for news Precision Drilling: Accelerating Capital Returns Should Put A Floor On The Stock

Precision Drilling Corporation (PDS) Q4 2024 Earnings Call Transcript

PDS
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Neutral

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 - President, CEO & Director Conference Call Participants Aaron MacNeil - TD Cowen Kurt Hallead - Benchmark Sean Mitchell - Daniel Energy Partners Keith MacKey - RBC Capital Markets Waqar Syed - ATB Capital Markets Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2024 Fourth Quarter and End of Year Results Conference Call and Webcast.

image for news Precision Drilling Corporation (PDS) Q4 2024 Earnings Call Transcript

Precision Drilling (PDS) Misses Q4 Earnings and Revenue Estimates

PDS
Published: February 12, 2025 by: Zacks Investment Research
Sentiment: Negative

Precision Drilling (PDS) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $3.45 per share a year ago.

image for news Precision Drilling (PDS) Misses Q4 Earnings and Revenue Estimates

About Precision Drilling Corporation (PDS)

IPO Date 1996-11-15
Website https://www.precisiondrilling.com
Industry Oil & Gas Drilling
CEO Mr. Kevin A. Neveu B.Sc., P.Eng
Employees 5504

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 turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.