Positive News SentimentPositive NewsNYSE:PDS Precision Drilling (PDS) Stock Price, News & Analysis $65.08 -2.77 (-4.08%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$64.66▼$68.1650-Day Range$65.03▼$76.8552-Week Range$49.67▼$79.07Volume57,381 shsAverage Volume67,543 shsMarket Capitalization$922.18 millionP/E Ratio5.72Dividend YieldN/APrice Target$77.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Precision Drilling alerts: Email Address Precision Drilling MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside18.3% Upside$77.00 Price TargetShort InterestHealthy2.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth63.17%From $6.95 to $11.34 Per ShareSee Full Details Hide Full Details 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.3.40 out of 5 starsOils/Energy Sector125th out of 239 stocksDrilling Oil & Gas Wells Industry7th out of 12 stocks 2.3 Analyst's Opinion Consensus RatingPrecision Drilling has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoveragePrecision Drilling has only been the subject of 1 research reports in the past 90 days.Read more about Precision Drilling's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.29% of the float of Precision Drilling has been sold short.Short Interest Ratio / Days to CoverPrecision Drilling has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Precision Drilling has recently decreased by 9.64%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPrecision Drilling does not currently pay a dividend.Dividend GrowthPrecision Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PDS. Previous Next 3.2 News and Social Media Coverage News SentimentPrecision Drilling has a news sentiment score of 1.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Precision Drilling this week, compared to 2 articles on an average week.Search Interest14 people have searched for PDS on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Precision Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Precision Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.95% of the stock of Precision Drilling is held by insiders.Percentage Held by Institutions48.86% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Precision Drilling's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Precision Drilling are expected to grow by 63.17% in the coming year, from $6.95 to $11.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Precision Drilling is 5.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Precision Drilling is 5.72, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.67.Price to Book Value per Share RatioPrecision Drilling has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Precision Drilling's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressEx-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…Click here now and learn how to prepare. 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.Read More PDS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDS Stock News HeadlinesAugust 28, 2024 | americanbankingnews.comPrecision Drilling (NYSE:PDS) Price Target Raised to $112.00 at Piper SandlerAugust 28, 2024 | americanbankingnews.comPrecision Drilling (NYSE:PDS) PT Raised to $112.00 at Piper SandlerSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 27, 2024 | finance.yahoo.comNew Strong Buy Stocks for August 27thAugust 16, 2024 | finance.yahoo.comPDS Mar 2025 75.000 put (PDS250321P00075000)August 16, 2024 | finance.yahoo.comPDS Mar 2025 100.000 call (PDS250321C00100000)August 3, 2024 | investing.comPrecision Drilling reports mid-year financialsAugust 2, 2024 | theglobeandmail.comPrecision Drilling Corp: CIBC Boosts Target Price on Strong Q2 ResultsSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 1, 2024 | gurufocus.comQ2 2024 Precision Drilling Corp Earnings Call TranscriptAugust 1, 2024 | msn.comPrecision Drilling surges to 52-week high as CEO sees Canada rig shortage in 2025July 30, 2024 | globenewswire.comPrecision Drilling Announces 2024 Second Quarter Unaudited Financial ResultsJuly 28, 2024 | sg.finance.yahoo.comPrecision Drilling Corp. (CA74022D4075.SG)July 19, 2024 | sg.finance.yahoo.comPDS Sep 2024 45.000 putJuly 7, 2024 | seekingalpha.comPrecision Drilling: Automation Makes It A BuyJuly 3, 2024 | globenewswire.comPrecision Drilling Corporation 2024 Second Quarter Results Conference Call and WebcastMay 16, 2024 | globenewswire.comPrecision Drilling Corporation Announces Voting Results from the 2024 Annual and Special Meeting of ShareholdersMay 6, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Precision Drilling (PDS) and Exxon Mobil (XOM)See More Headlines Receive PDS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/30/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:PDS CUSIPN/A CIK1013605 Webwww.precisiondrilling.com Phone(403) 716-4500Fax403-264-0251Employees5,560Year Founded1951Price Target and Rating Average Stock Price Target$77.00 High Stock Price Target$112.00 Low Stock Price Target$42.00 Potential Upside/Downside+18.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$11.38 Trailing P/E Ratio5.72 Forward P/E Ratio9.36 P/E GrowthN/ANet Income$214.27 million Net Margins11.68% Pretax Margin9.79% Return on Equity9.26% Return on Assets4.91% Debt Debt-to-Equity Ratio0.52 Current Ratio1.51 Quick Ratio1.39 Sales & Book Value Annual Sales$1.44 billion Price / Sales0.64 Cash Flow$23.67 per share Price / Cash Flow2.75 Book Value$81.42 per share Price / Book0.80Miscellaneous Outstanding Shares14,170,000Free Float14,166,000Market Cap$922.18 million OptionableOptionable Beta1.97 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Kevin A. Neveu B.Sc. (Age 63)P.Eng, President, CEO & Director Comp: $1.99MMr. Carey Thomas Ford C.F.A.Chief Financial OfficerMr. Shuja U. GorayaChief Technology OfficerMs. Veronica H. FoleyChief Legal & Compliance OfficerMr. Gene C. Stahl (Age 50)President of North American Drilling Comp: $894.01kMr. Darren J. RuhrChief Administrative OfficerMs. Lavonne ZdunichDirector of Investor RelationsDustin HoningManager of Investor Relations & Corporate DevelopmentMr. Grant HunterSenior Vice President of North American Drilling OperationMr. Ross Steven Pickering (Age 78)Senior Vice President of Global Operations Excellence More ExecutivesKey CompetitorsTransoceanNYSE:RIGNorthern Oil and GasNYSE:NOGCalifornia ResourcesNYSE:CRCLiberty EnergyNYSE:LBRTBlack Stone MineralsNYSE:BSMView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 6,475 shares on 9/5/2024Ownership: 0.046%Point72 Asset Management L.P.Bought 13,749 shares on 8/19/2024Ownership: 0.407%SIG North Trading ULCBought 7,100 shares on 8/15/2024Ownership: 0.000%The Manufacturers Life Insurance Company Bought 150 shares on 8/15/2024Ownership: 0.084%Toronto Dominion BankSold 5,297 shares on 8/15/2024Ownership: 0.072%View All Institutional Transactions PDS Stock Analysis - Frequently Asked Questions How have PDS shares performed this year? Precision Drilling's stock was trading at $54.29 on January 1st, 2024. Since then, PDS shares have increased by 19.9% and is now trading at $65.08. View the best growth stocks for 2024 here. How were Precision Drilling's earnings last quarter? Precision Drilling Co. (NYSE:PDS) announced its quarterly earnings results on Tuesday, July, 30th. The oil and gas company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of ($0.62) by $2.06. Precision Drilling's quarterly revenue was up .8% on a year-over-year basis. When did Precision Drilling's stock split? Precision Drilling shares 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. Does Precision Drilling have any subsidiaries? Precision Drilling subsidiaries include these companies: Grey Wolf Drilling Limited, Grey Wolf Drilling (Barbados) Ltd., Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, and others. Who are Precision Drilling's major shareholders? Top institutional shareholders of Precision Drilling include Ninepoint Partners LP (9.13%), National Bank of Canada FI (5.01%), Encompass Capital Advisors LLC (4.53%) and Bank of Montreal Can (3.50%). 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. What other stocks do shareholders of Precision Drilling own? Based on aggregate information from My MarketBeat watchlists, some other companies that Precision Drilling investors own include Precision Drilling (PD), Reata Pharmaceuticals (RETA), Endologix (ELGX), Chipotle Mexican Grill (CMG), Approach Resources (AREX), American Airlines Group (AAL) and This page (NYSE:PDS) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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