Profile
Sector:
EnergyIndustry:
Oil & Gas DrillingCountry:
CanadaIPO:
15 November 1996Website:
http://www.precisiondrilling.comNext earnings report:
26 July 2024Last dividends:
04 November 2015Next dividends:
N/APrice
after hours | 22 min agoDividend
Analysts recommendations
Institutional Ownership
PDS Latest News
CALGARY, Alberta, July 03, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Wednesday, July 31, 2024.
Precision Drilling Corporation (Precision or the Company) has announced the successful election of all eight nominee directors, seven of whom are independent, at its 2024 Annual and Special Meeting of Shareholders on May 16, 2024. Shareholders approved the directors as outlined in the Company's Management Information Circular dated April 3, 2024.
Precision Drilling (PDS) reported earnings of $1.88 per share for the quarter, falling short of the expected $2 per share according to Zacks. This is a decrease from earnings of $4.12 per share from the same quarter last year.
Precision Drilling (PDS) lacks the necessary elements for a potential earnings beat in its upcoming report. Be ready with the key expectations.
CALGARY, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 first quarter results before the market opens on Thursday, April 25, 2024, and has scheduled a conference call to begin at 12:00 noon MT (2:00 p.m. ET) on the same day.
Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript
Precision Drilling (PDS) came out with quarterly earnings of $3.45 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $0.20 per share a year ago.
Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 fourth quarter and year-end results before the market opens on Tuesday, February 6, 2024, and has scheduled a conference call to begin at 12:00 noon MT (2:00 p.m. ET) on the same day.
Precision Drilling Corp (PDS) is being undervalued in the OFS market despite projected growth in their Canadian client base for 2024. Analysts rate PDS as a buy with price targets ranging from $83 to $107, implying potential for a 2-bagger from current prices. PDS is the leading drilling contractor in Canada and expects a strong start to 2024 with customer demand exceeding previous levels.
- 1(current)
What type of business is Precision Drilling?
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 in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
What sector is Precision Drilling in?
Precision Drilling is in the Energy sector
What industry is Precision Drilling in?
Precision Drilling is in the Oil & Gas Drilling industry
What country is Precision Drilling from?
Precision Drilling is headquartered in Canada
When did Precision Drilling go public?
Precision Drilling initial public offering (IPO) was on 15 November 1996
What is Precision Drilling website?
https://www.precisiondrilling.com
Is Precision Drilling in the S&P 500?
No, Precision Drilling is not included in the S&P 500 index
Is Precision Drilling in the NASDAQ 100?
No, Precision Drilling is not included in the NASDAQ 100 index
Is Precision Drilling in the Dow Jones?
No, Precision Drilling is not included in the Dow Jones index
When does Precision Drilling report earnings?
The next expected earnings date for Precision Drilling is 26 July 2024