Precision Drilling Corp PDS
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PDS is a good fit for your portfolio.
News
-
Precision Drilling Announces 2024 First Quarter Unaudited Financial Results
-
Precision Drilling Corporation Announces Filing of Management Information Circular, Virtual-Only Annual and Special Meeting of Shareholders, and 2023 ESG Performance Data
-
Precision Drilling Corporation 2024 First Quarter Results Conference Call and Webcast
-
Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
-
Precision Drilling Reports 2023 Fourth Quarter and Year-End Unaudited Financial Results
-
Toronto Stocks Edge Lower; Waste Management Shares Slide on Headwinds Ahead
-
Toronto Stocks Down Again; BlackBerry Tumbles on Lower Preliminary Revenue Estimates for 2Q
-
Toronto Stocks Flat; Celestica Climbs on Upgraded Full-Year Projections
Trading Information
- Previous Close Price
- $67.87
- Day Range
- $64.73–70.41
- 52-Week Range
- $41.56–77.21
- Bid/Ask
- $63.47 / $70.60
- Market Cap
- $995.84 Mil
- Volume/Avg
- 198,707 / 82,424
Key Statistics
- Price/Earnings (Normalized)
- 7.13
- Price/Sales
- 0.73
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 2.23%
Company Profile
Precision Drilling Corpd is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Stock Style Box
- Small Core
- Total Number of Employees
- 5,000
Comparables
Valuation
|
Metric
|
PDS
|
ADNOCDRILL
|
SDNS
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.13 | 16.07 | 44.48 |
Price/Book Value | 0.83 | 5.12 | 1.51 |
Price/Sales | 0.73 | 5.47 | 1.92 |
Price/Cash Flow | 2.65 | 11.72 | — |
Price/Earnings
PDS
ADNOCDRILL
SDNS
Financial Strength
|
Metric
|
PDS
|
ADNOCDRILL
|
SDNS
|
|---|---|---|---|
Quick Ratio | 1.30 | 1.23 | 1.23 |
Current Ratio | 1.40 | 1.49 | 1.33 |
Interest Coverage | 4.26 | 14.64 | 0.16 |
Quick Ratio
PDS
ADNOCDRILL
SDNS
Profitability
|
Metric
|
PDS
|
ADNOCDRILL
|
SDNS
|
|---|---|---|---|
Return on Assets (Normalized) | 8.46% | 17.49% | −4.83% |
Return on Equity (Normalized) | 17.62% | 33.01% | −12.28% |
Return on Invested Capital (Normalized) | 12.22% | 22.17% | 0.92% |
Return on Assets
PDS
ADNOCDRILL
SDNS
Oil & Gas Drilling Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NE
| Noble Corp PLC Class A | — | Zwrsc | $6.5 Bil | |
PTEN
| Patterson-UTI Energy Inc | Svzt | Pxyw | $4.5 Bil | |
HP
| Helmerich & Payne Inc | Tsdmnzd | Jbs | $4.2 Bil | |
YZCFF
| Sinopec Oilfield Service Corp Class H | — | Hxlsn | $3.9 Bil | |
SDRL
| Seadrill Ltd | — | Mdqx | $3.5 Bil | |
BORR
| Borr Drilling Ltd | — | Bblk | $1.4 Bil | |
DO
| Diamond Offshore Drilling Inc | — | Qcn | $1.3 Bil | |
ODFJF
| Odfjell Drilling Ltd | — | Mlncg | $1.1 Bil | |
NBR
| Nabors Industries Ltd | Gjxjzgrk | Bftr | $763.9 Mil |