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A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal

Precision Drilling (PDS) Stock Price, News & Analysis

$66.92
+0.97 (+1.47%)
(As of 03/27/2024 ET)
Today's Range
$66.38
$66.95
50-Day Range
$53.61
$67.22
52-Week Range
$41.56
$73.82
Volume
19,530 shs
Average Volume
55,458 shs
Market Capitalization
$969.00 million
P/E Ratio
4.91
Dividend Yield
N/A
Price Target
$61.67

Precision Drilling MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.9% Downside
$61.67 Price Target
Short Interest
Bearish
2.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.67mentions of Precision Drilling in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.50%
From $6.82 to $9.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.23 out of 5 stars

Oils/Energy Sector

166th out of 241 stocks

Drilling Oil & Gas Wells Industry

11th out of 13 stocks

PDS stock logo

About Precision Drilling Stock (NYSE: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 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.

PDS Stock Price History

PDS Stock News Headlines

Precision Drilling: The Seagulls Are Missing A Bet
Buy Friday, Sell Monday, No Exceptions
Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.
PDS Jun 2024 90.000 call
PDS Mar 2024 55.000 call
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Precision Drilling Corp
Precision Drilling Corp PDS
Precision Drilling (PDS) Lags Q3 Earnings Estimates
3 Small-Cap Energy Stocks Analysts Expect to Rally
Precision Drilling (PDS) Gets a Buy from RBC Capital
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
3/28/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
5,560
Year Founded
1951

Price Target and Rating

Average Stock Price Target
$61.67
High Stock Price Target
$150.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-7.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$214.27 million
Pretax Margin
13.72%

Debt

Sales & Book Value

Annual Sales
$1.44 billion
Cash Flow
$26.66 per share
Book Value
$81.42 per share

Miscellaneous

Free Float
14,341,000
Market Cap
$969.00 million
Optionable
Optionable
Beta
2.10

Social Links

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Key Executives

  • Mr. Kevin A. Neveu B.Sc. (Age 63)
    P.Eng, President, CEO & Director
    Comp: $2M
  • Mr. Carey Thomas Ford C.F.A.
    Chief Financial Officer
  • Mr. Shuja U. Goraya
    Chief Technology Officer
  • Ms. Veronica H. Foley
    Chief Legal & Compliance Officer
  • Mr. Gene C. Stahl (Age 50)
    President of North American Drilling
    Comp: $896.14k
  • Mr. Darren J. Ruhr
    Chief Administrative Officer
  • Ms. Lavonne Zdunich
    Director of Investor Relations
  • Dustin Honing
    Manager of Investor Relations & Corporate Development
  • Mr. Grant Hunter
    Senior Vice President of North American Drilling Operation
  • Mr. Ross Steven Pickering (Age 78)
    Senior Vice President of Global Operations Excellence

PDS Stock Analysis - Frequently Asked Questions

Should I buy or sell Precision Drilling stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last twelve months. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PDS shares.
View PDS analyst ratings
or view top-rated stocks.

What is Precision Drilling's stock price target for 2024?

5 brokerages have issued 12 month price targets for Precision Drilling's stock. Their PDS share price targets range from $20.00 to $150.00. On average, they predict the company's stock price to reach $61.67 in the next year. This suggests that the stock has a possible downside of 7.9%.
View analysts price targets for PDS
or view top-rated stocks among Wall Street analysts.

How have PDS shares performed in 2024?

Precision Drilling's stock was trading at $54.29 at the start of the year. Since then, PDS shares have increased by 23.3% and is now trading at $66.92.
View the best growth stocks for 2024 here
.

Are investors shorting Precision Drilling?

Precision Drilling saw a increase in short interest in February. As of February 29th, there was short interest totaling 344,100 shares, an increase of 20.2% from the February 14th total of 286,300 shares. Based on an average daily volume of 89,400 shares, the short-interest ratio is presently 3.8 days. Approximately 2.5% of the shares of the company are sold short.
View Precision Drilling's Short Interest
.

When is Precision Drilling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our PDS earnings forecast
.

How were Precision Drilling's earnings last quarter?

Precision Drilling Co. (NYSE:PDS) announced its quarterly earnings results on Tuesday, February, 6th. The oil and gas company reported $3.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $1.36. The oil and gas company earned $372.34 million during the quarter, compared to analysts' expectations of $355.78 million. Precision Drilling had a net margin of 14.87% and a trailing twelve-month return on equity of 14.81%.

When did Precision Drilling's stock split?

Shares of Precision Drilling reverse split before market open on Thursday, November 12th 2020. The 1-20 reverse split was announced on Thursday, October 29th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, November 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What is Kevin A. Neveu's approval rating as Precision Drilling's CEO?

65 employees have rated Precision Drilling Chief Executive Officer Kevin A. Neveu on Glassdoor.com. Kevin A. Neveu has an approval rating of 52% among the company's employees. This puts Kevin A. Neveu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Precision Drilling own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Precision Drilling investors own include Precision Drilling (PD), Reata Pharmaceuticals (RETA), Endologix (ELGX), Chipotle Mexican Grill (CMG), Approach Resources (AREX), American Airlines Group (AAL), Hudson Technologies (HDSN) and UMB Financial (UMBF).

Who are Precision Drilling's major shareholders?

Precision Drilling's stock is owned by a number of retail and institutional investors. Top institutional investors include Ninepoint Partners LP (9.59%), National Bank of Canada FI (3.84%), FIL Ltd (2.16%), Hotchkis & Wiley Capital Management LLC (1.37%), Dimensional Fund Advisors LP (1.10%) and Royal Bank of Canada (1.03%).

How do I buy shares of Precision Drilling?

Shares of PDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Precision Drilling have any subsidiaries?
The following companies are subsidiares of Precision Drilling: Grey Wolf Drilling (Barbados) Ltd., Grey Wolf Drilling Limited, Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, Precision Drilling (US) Corporation, Precision Drilling Canada Limited Partnership, Precision Drilling Company LP, Precision Drilling Holdings Company, and Precision Limited Partnership.
Read More
This page (NYSE:PDS) was last updated on 3/28/2024 by MarketBeat.com Staff

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