Precision Drilling Stock (NYSE:PDS)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$55.86

52W Range

$51.53 - $79.07

50D Avg

$61.35

200D Avg

$67.03

Market Cap

$799.44M

Avg Vol (3M)

$75.75K

Beta

2.75

Div Yield

-

PDS Company Profile


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.

Show More

Industry

Oil & Gas Drilling

Sector

Energy

Exchange

NYSE

ADR

-

Country

CA

Employees

5,000

IPO Date

Nov 15, 1996

Website

PDS Performance


PDS Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.94B$1.62B$986.85M
Operating Income$313.56M$32.57M$-89.55M
Net Income$289.24M$-34.29M$-177.39M
EBITDA$611.12M$311.61M$192.77M
Basic EPS$18.92$-2.53$-13.32
Diluted EPS$18.92$-2.53$-13.32

Fiscal year ends in Dec 23 | Currency in CAD

Latest Earnings Call Transcripts


Q3 24Oct 30, 24 | 5:16 PM
Q2 24Jul 31, 24 | 6:59 PM
Q1 24Apr 25, 24 | 5:24 PM

Peer Comparison


TickerCompany
NBRNabors Industries Ltd.
RIGTransocean Ltd.
PTENPatterson-UTI Energy, Inc.
HPHelmerich & Payne, Inc.
BORRBorr Drilling Limited
NENoble Corporation Plc