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Market Cap 890.99M P/E 13.69 EPS this Y -49.30% Ern Qtrly Grth 4,112.50%
Income 289.24M Forward P/E 5.37 EPS next Y 42.50% 50D Avg Chg 28.00%
Sales 1.94B PEG -0.54 EPS past 5Y -5.07% 200D Avg Chg 6.00%
Dividend N/A Price/Book 0.65 EPS next 5Y -24.61% 52W High Chg -26.00%
Recommedations 1.90 Quick Ratio 1.06 Shares Outstanding 14.48M 52W Low Chg 56.00%
Insider Own 2.09% ROA 6.65% Shares Float 14M Beta 2.92
Inst Own 58.08% ROE 20.62% Shares Shorted/Prior 351.55K/344.10K Price 64.89
Gross Margin 37.84% Profit Margin 14.93% Avg. Volume 56,117 Target Price 95.01
Oper. Margin 14.30% Earnings Date Apr 25 Volume 63,485 Change 1.09%
About Precision Drilling Corporation

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 include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and repair of drilling and service rig equipment. In addition, it operates land drilling rigs in Canada, the United States, and the Middle East, as well as operates AlphaAutomation, AlphaApps, and AlphaAnalytics data services. The company offers EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreen Fuel Cell. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment operates well completion and workover service rigs in Canada and the United States. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Precision Drilling Corporation News
05:44 AM Precision Drilling's (TSE:PD) investors will be pleased with their impressive 187% return over the last three years
04/18/24 Earnings Preview: Precision Drilling (PDS) Q1 Earnings Expected to Decline
04/03/24 Precision Drilling Corporation Announces Filing of Management Information Circular, Virtual-Only Annual and Special Meeting of Shareholders, and 2023 ESG Performance Data
04/03/24 Returns Are Gaining Momentum At Precision Drilling (TSE:PD)
04/02/24 The 7 Best Energy Stocks to Buy in April 2024
04/02/24 Precision Drilling Corporation 2024 First Quarter Results Conference Call and Webcast
03/13/24 The 3 Most Undervalued Small-Cap Stocks to Buy in March 2024
03/08/24 Precision Drilling Full Year 2023 Earnings: EPS Beats Expectations
03/04/24 Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
02/21/24 With 56% institutional ownership, Precision Drilling Corporation (TSE:PD) is a favorite amongst the big guns
02/07/24 Precision Drilling Corporation (NYSE:PDS) Q4 2023 Earnings Call Transcript
02/06/24 Booz Allen Hamilton and Precision Drilling have been highlighted as Zacks Bull and Bear of the Day
02/06/24 Precision Drilling (PDS) Q4 Earnings and Revenues Top Estimates
02/06/24 Precision Drilling Reports 2023 Fourth Quarter and Year-End Unaudited Financial Results
02/06/24 Bear of the Day: Precision Drilling Corp. (PDS)
02/01/24 7 Energy Stocks to Double Your Money by 2025
01/30/24 Precision Drilling (PDS) Earnings Expected to Grow: Should You Buy?
01/25/24 Are Robust Financials Driving The Recent Rally In Precision Drilling Corporation's (TSE:PD) Stock?
01/05/24 Precision Drilling Meets 2023 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates
01/04/24 Precision Drilling Corporation 2023 Fourth Quarter and Year-End Results Conference Call and Webcast
PDS Chatroom

User Image TickerDD_com Posted - 2 weeks ago

From 4/5/2024, looking back across 22 Month-Ends for PDS, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had All Positives (100%) $PDS #PDS #PDSStock #TickerDD https://www.youtube.com/watch?v=t-WRLA_Fr_A

User Image IN0V8 Posted - 2 weeks ago

$PDS 1 mo chart, NICE! https://www.barchart.com/my/dashboard

User Image Stock_Titan Posted - 2 weeks ago

$PDS Precision Drilling Corporation Announces Filing of Management Information Circular, Virtual-Only Annual and Special Meeting of Shareholders, and 2023 ESG Performance Data https://www.stocktitan.net/news/PDS/precision-drilling-corporation-announces-filing-of-management-byjwfm8x5vch.html

User Image iamrob Posted - 2 weeks ago

$PDS beast mode today, love it

User Image Stock_Titan Posted - 3 weeks ago

$PDS Precision Drilling Corporation 2024 First Quarter Results Conference Call and Webcast https://www.stocktitan.net/news/PDS/precision-drilling-corporation-2024-first-quarter-results-conference-6j58rcu8cqey.html

User Image TickerDD_com Posted - 1 month ago

From 3/1/2024, looking back across 22 Month-Ends for PDS, Percentage Change of Average Monthly Price had More Negatives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $PDS #PDS #PDSStock #TickerDD https://www.youtube.com/watch?v=yBXfr5pWDgg

User Image Stock_Titan Posted - 1 month ago

$PDS Precision Drilling Corporation Announces Filing of Annual Disclosure Documents https://www.stocktitan.net/news/PDS/precision-drilling-corporation-announces-filing-of-annual-disclosure-zzueva0uioim.html

User Image SnoopyJC Posted - 1 month ago

Stopped Out $PDS 60.28 -3.9%

User Image UncleStock Posted - 2 months ago

$CSR $TK $PDS $TNK suggested for Piotroski - value screen: https://zpr.io/i2bAhBrpBFr6

User Image honestrick Posted - 2 months ago

$PDS Under 1 Billion market cap .... I think not for long GLTA ....

User Image swingingtech Posted - 2 months ago

$PDS https://wallstreetwaves.com/precision-drilling-shares-are-rocketing-today-whats-going-on/

User Image honestrick Posted - 2 months ago

$PDS $73.71 will be breached in the next month or so.....Then a breakout over $85.00 ...GLTA...

User Image briefingcom Posted - 2 months ago

$PDS: Precision Drilling reports Q4 (Dec) results, beats on revs https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240206061019PDS&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image IwilldiversifynextTime Posted - 2 months ago

$ICD $PDS Beat by a ton. Nearly 4x expectations. Precision is a Canadian land driller. So far HP and PDS have both beat for Q4. HP was up significantly after reporting, but have since dropped back.

User Image swingingtech Posted - 2 months ago

$PDS https://wallstreetwaves.com/bear-of-the-day-precision-drilling-corp-pds/

User Image epsguid Posted - 2 months ago

$PDS reported earnings of $9.81, consensus was $2.09 via @eWhispers #epsbeat http://eps.sh/d/pds

User Image DonCorleone77 Posted - 2 months ago

$PDS 2 of 2 - Precision Drilling reports Q4 EPS $10.42, consensus $1.61 ....and increased direct returns to shareholders by allocating 15% of our free cash flow to share repurchases. In 2024, we plan to increase our direct shareholder capital return program by allocating 25% to 35% of our free cash flow, before debt repayments, to share repurchases...in 2024, we plan to reduce debt by another $150M-$200M. This positions us to achieve our sustained Net Debt to Adjusted EBITDA ratio target of below 1.0 times by the end of 2025 and meet our long-term debt reduction target of $500 million between 2022 and 2025. As of December 31, 2023, we have repaid $258M of this $500M target...we plan to reduce debt another $100M by the end of 2026 and continue to move our direct shareholder capital returns towards 50% of free cash flow".

User Image DonCorleone77 Posted - 2 months ago

$PDS 1 of 2 - Precision Drilling reports Q4 EPS $10.42, consensus $1.61 Reports Q4 revenue $507M, consensus $362.36M. CEO Kevin Neveu, stated: "Precision continued to deliver strong results in Q4, generating revenue of $507M, Adjusted EBITDA of $151M and net earnings of $147M. This concluded one of our most profitable years in the past decade and allowed us to exceed our cash flow expectations. During the year, we not only met our debt reduction and shareholder capital return targets but also funded two accretive acquisitions...Precision's Completion and Production Services segment generated $51M of Adjusted EBITDA during the year, representing a 34% increase over the prior year, driven by an 18% increase in activity from Precision well servicing...We successfully delivered on our three strategic priorities: generated significant free cash flow; strengthened our financial position by reducing our debt by $152M....

User Image Stock_Titan Posted - 2 months ago

$PDS Precision Drilling Reports 2023 Fourth Quarter and Year-End Unaudited Financial Results https://www.stocktitan.net/news/PDS/precision-drilling-reports-2023-fourth-quarter-and-year-end-aelzx7o21vpd.html

User Image honestrick Posted - 2 months ago

$PDS Good luck everyone on earnings .... 8% spike on good results .....4 % fall on bad ?

User Image SnoopyJC Posted - 01/31/24

Long $PDS 62.92, stop 54

User Image StockAutomatePro Posted - 3 months ago

$PDS The chart shows potential for a substantial increase in the stock price. We alerted the BUY signal at $54.1 and we were able to close this one with profit at $58.09 💯

User Image StockAutomatePro Posted - 3 months ago

$PDS The chart points towards an optimistic outlook for the stock. We alerted the BUY signal at $54.12 and we were able to close this one with profit at $57.59 🔏

User Image tickeron Posted - 3 months ago

Wow this is a big change! $PDS Stochastic Oscillator left the overbought zone. View odds of downtrend. https://srnk.us/go/4972571

User Image tickeron Posted - 3 months ago

This is amazing! What do you think? $PDS entered Uptrend as Momentum indicator ascends above 0 level. View odds of downtrend. https://srnk.us/go/4962467

User Image DonCorleone77 Posted - 3 months ago

$PDS Precision Drilling provides capital allocation framework update The company stated, "Over the past two years, we have reduced our debt by $258 million and lowered our Net Debt to Adjusted EBITDA leverage ratio, which we expect to be below 1.5 times as at December 31, 2023. Precision is well on track to exceed its long-term debt reduction target of repaying $500 million between 2022 and 2025 and reaching a sustained Net Debt to Adjusted EBITDA leverage ratio of below 1.0 times by the end of 2025. During 2023, Precision returned $30 million to shareholders through share repurchases under our Normal Course Issuer Bid and as at December 31, 2023, had 14,336,539 shares outstanding. With a robust free cash flow outlook, we plan to improve our capital returns to shareholders in 2024 by increasing our debt reduction and share buyback allocations. In early February, we will provide specific capital allocation plans and targets for 2024."

User Image cctranscripts Posted - 3 months ago

Precision Drilling Meets 2023 Debt Repayment And Share Repurchase Targets And Provides Capital https://www.conferencecalltranscripts.org/summary/?id=12845800 $PDS

User Image Stock_Titan Posted - 3 months ago

$PDS Precision Drilling Meets 2023 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates https://www.stocktitan.net/news/PDS/precision-drilling-meets-2023-debt-repayment-and-share-repurchase-zi1ua2fra0qk.html

User Image cctranscripts Posted - 3 months ago

Precision Drilling Corporation 2023 Fourth Quarter And Year-End Results Conference Call And Web https://www.conferencecalltranscripts.org/summary/?id=12841980 $PDS

User Image Stock_Titan Posted - 3 months ago

$PDS Precision Drilling Corporation 2023 Fourth Quarter and Year-End Results Conference Call and Webcast https://www.stocktitan.net/news/PDS/precision-drilling-corporation-2023-fourth-quarter-and-year-end-eax01ye5mgs5.html

Analyst Ratings
Morgan Stanley Equal-Weight Mar 25, 21
Morgan Stanley Equal-Weight Jul 8, 20
Piper Sandler Neutral May 28, 20
Piper Sandler Neutral Apr 15, 20
Wolfe Research Peer Perform Nov 21, 19
Scotiabank Sector Underperform Oct 23, 19
Morgan Stanley Overweight Oct 7, 19
Citigroup Neutral Sep 30, 19
Piper Sandler Overweight Jul 30, 19