Precision Drilling Stock Today

PDS Stock  USD 66.38  0.25  0.38%   

Performance

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Odds Of Distress

Less than 5

 
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Precision Drilling is selling for under 66.38 as of the 23rd of November 2024; that is 0.38% increase since the beginning of the trading day. The stock's lowest day price was 65.57. Precision Drilling has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Precision Drilling are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
15th of November 1996
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. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. The company has 14.07 M outstanding shares of which 184.13 K shares are at this time shorted by investors with about 1.71 days to cover. More on Precision Drilling

Moving together with Precision Stock

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Moving against Precision Stock

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  0.32SOC Sable Offshore Corp Symbol ChangePairCorr

Precision Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOKevin Neveu
Thematic IdeaOil And Gas (View all Themes)
Business ConcentrationEnergy Equipment & Services, Oil & Gas Drilling, Energy, NYSE Composite, Oil And Gas, Energy, Energy Equipment & Services, Oil & Gas Drilling, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.570.5852
Fairly Down
Pretty Stable
Total Current Liabilities304.6 M365.6 M
Significantly Down
Very volatile
Non Current Liabilities Total1.3 B1.4 B
Notably Down
Pretty Stable
Total Assets3.3 BB
Significantly Up
Pretty Stable
Total Current Assets577.2 M510.9 M
Moderately Up
Slightly volatile
Total Cash From Operating Activities354.7 M500.6 M
Way Down
Pretty Stable
Debt Levels
Precision Drilling can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Precision Drilling's financial leverage. It provides some insight into what part of Precision Drilling's total assets is financed by creditors.
Liquidity
Precision Drilling has 992.19 M in debt with debt to equity (D/E) ratio of 1.02, which is OK given its current industry classification. Precision Drilling has a current ratio of 1.36, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Precision to invest in growth at high rates of return.

Net Income

303.71 Million
Precision Drilling (PDS) is traded on New York Stock Exchange in USA. It is located in 525?8th Avenue SW, Calgary, AB, Canada, T2P 1G1 and employs 5,000 people. Precision Drilling is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 933.79 M. Precision Drilling runs under Energy Equipment & Services sector within Energy industry. The entity has 14.07 M outstanding shares of which 184.13 K shares are at this time shorted by investors with about 1.71 days to cover. Precision Drilling has about 51.64 M in cash with 500.57 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.8.
Check Precision Drilling Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Precision Drilling is $933.79 Million. Over half of Precision Drilling's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Precision Ownership Details

Precision Stock Institutional Holders

InstituionRecorded OnShares
Wellington Management Company Llp2024-06-30
136.3 K
Cibc World Markets Inc.2024-06-30
125.4 K
Aegis Financial Corporation2024-09-30
123.6 K
Sir Capital Management, L.p.2024-09-30
118 K
American Century Companies Inc2024-09-30
114.5 K
Two Sigma Advisers, Llc2024-06-30
113.9 K
Hartree Partners, Lp2024-09-30
85 K
Greatmark Investment Partners Inc2024-09-30
84.1 K
Td Asset Management Inc2024-09-30
70.2 K
Ninepoint Partners Lp2024-09-30
1.1 M
Royal Bank Of Canada2024-06-30
772.5 K
View Precision Drilling Diagnostics

Precision Drilling Historical Income Statement

At this time, Precision Drilling's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 641.7 M in 2024, whereas Total Revenue is likely to drop slightly above 1.5 B in 2024. View More Fundamentals

Precision Stock Against Markets

Precision Drilling Corporate Directors

Susan MacKenzieIndependent DirectorProfile
Kevin MeyersIndependent DirectorProfile
David WilliamsIndependent DirectorProfile
William DonovanIndependent DirectorProfile

Additional Tools for Precision Stock Analysis

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.