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Precision Drilling Q2 2024 Earnings Report

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$59.05 +0.59 (+1.01%)
(As of 11:23 AM ET)

Precision Drilling EPS Results

Actual EPS
$1.44
Consensus EPS
-$0.62
Beat/Miss
Beat by +$2.06
One Year Ago EPS
$1.21

Precision Drilling Revenue Results

Actual Revenue
$429.20 million
Expected Revenue
$310.13 million
Beat/Miss
Beat by +$119.07 million
YoY Revenue Growth
+0.80%

Precision Drilling Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Precision Drilling Earnings Headlines

Brokers Offer Predictions for PDS FY2027 Earnings
Atb Cap Markets Has Negative Outlook of PDS FY2024 Earnings
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About Precision Drilling

Precision Drilling (NYSE:PDS), 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.

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