Precision Drilling Corporation (PDS): Price and Financial Metrics


Precision Drilling Corporation (PDS)

Today's Latest Price: $0.58 USD

0.02 (4.39%)

Updated Jun 2 6:40pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 20 in Energy - Drilling

See all "A" rated Strong Buy stocks

PDS Stock Summary

  • Price to trailing twelve month operating cash flow for PDS is currently 0.56, higher than just 5.2% of US stocks with positive operating cash flow.
  • PDS's price/sales ratio is 0.14; that's higher than the P/S ratio of just 6.63% of US stocks.
  • PRECISION DRILLING Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 142.9%, greater than the shareholder yield of 97.26% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to PRECISION DRILLING Corp, a group of peers worth examining would be DSX, AROC, CEIX, SMHI, and HCC.
  • Visit PDS's SEC page to see the company's official filings. To visit the company's web site, go to www.precisiondrilling.com.
PDS Daily Price Range
PDS 52-Week Price Range

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PDS Price/Volume Stats

Current price $0.58 52-week high $2.08
Prev. close $0.56 52-week low $0.27
Day low $0.55 Volume 578,900
Day high $0.59 Avg. volume 1,192,275
50-day MA $0.44 Dividend yield N/A
200-day MA $0.99 Market Cap 161.27M

Precision Drilling Corporation (PDS) Company Bio


Precision Drilling Corporation provides customers with access to an extensive fleet of contract drilling rigs, directional drilling services, well service and snubbing rigs, coil-tubing services, camps, rental equipment, and water treatment units. The company was founded in 1951 and is based in Calgary, Canada.

PDS Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$0.58$17.342997%

We started the process of determining a valid price forecast for PRECISION DRILLING Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that PRECISION DRILLING Corp ranked in the 93th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 3012.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for PDS, they are:

  • 12% of the company's capital comes from equity, which is greater than just 4.96% of stocks in our cash flow based forecasting set.
  • PRECISION DRILLING Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
  • Relative to other stocks in its sector (Energy), PRECISION DRILLING Corp has a reliance on debt greater than 85.14% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%2936%
1%2967%
2%2997%
3%3027%
4%3058%
5%3088%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PDS, try PAGP, WMB, TALO, CPG, and NEX.


PDS Latest News Stream


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Latest PDS News From Around the Web

Below are the latest news stories about PRECISION DRILLING Corp that investors may wish to consider to help them evaluate PDS as an investment opportunity.

A Comeback in U.S. Shale Is At Least a Year Away, Oil CEO Says

(Bloomberg) -- Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.Precision Drilling Corp. Chief Executive Officer Kevin Neveu said activity in U.S. shale basins is in for a “prolonged downturn,” with drilling not rebounding until late in the second quarter of 2021 at the earliest, or the end of next year at the latest. That projection assumes governments respond to secondary Covid-19 outbreaks with less drastic measures than they used in recent months.And if history is any guide, the eventual recovery will be abrupt as drillers respond to a shortage of supply and rising prices, he said...

Yahoo | May 27, 2020

Precision Drilling’s Digital Technology Leadership Recognized With Recent Awards for Innovation and Technology

CALGARY, Alberta, May 26, 2020 -- Precision Drilling Corporation (“Precision” or “the Company”) (TSX:PD; NYSE:PDS) has been named the 2020 Energy Excellence Awards “Innovation.

Yahoo | May 26, 2020

Precision Drilling Corporation Announces Voting Results From the 2020 Annual and Special Meeting of Shareholders

CALGARY, Alberta, May 14, 2020 -- Precision Drilling Corporation (“Precision”) announces that all resolutions considered by shareholders at its 2020 Annual and Special Meeting.

Yahoo | May 14, 2020

Precision Drilling Corporation Holding Virtual-Only 2020 Annual and Special Meeting of Shareholders on May 14

Precision Drilling Corporation (“Precision”) reminds shareholders that it is holding its 2020 Annual and Special Meeting of Shareholders (“Annual Meeting”) on Thursday, May 14, 2020 at 10:00 a.m. MT. The virtual-only meeting format will provide all shareholders an equal opportunity to participate in the Annual Meeting regardless of their geographic location or concerns related to COVID-19. Registered shareholders and duly appointed proxyholders who participate in the Annual Meeting online will be able to listen to the Annual Meeting, ask questions and vote, all in real time, provided that they are connected to the internet.

Yahoo | May 4, 2020

Precision Drilling Corporation (PDS) Q1 2020 Earnings Call Transcript

Ladies and gentlemen, thank you for standing by, and welcome to the Precision Drilling Corporation 2020 First Quarter Results Conference Call and Webcast. Participating today on the call with me are Kevin Neveu, President and Chief Executive Officer; and Carey Ford, Senior Vice President and Chief Financial Officer.

Yahoo | May 1, 2020

Read More 'PDS' Stories Here

PDS Price Returns

1-mo 7.41%
3-mo -48.67%
6-mo -53.97%
1-year -69.63%
3-year -83.71%
5-year -90.42%
YTD -58.57%
2019 -19.54%
2018 -42.38%
2017 -44.59%
2016 38.32%
2015 -23.71%

Continue Researching PDS

Here are a few links from around the web to help you further your research on PRECISION DRILLING Corp's stock as an investment opportunity:

PRECISION DRILLING Corp (PDS) Stock Price | Nasdaq
PRECISION DRILLING Corp (PDS) Stock Quote, History and News - Yahoo Finance
PRECISION DRILLING Corp (PDS) Stock Price and Basic Information | MarketWatch


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