Precision Drilling Corp (TSE:PD)
NYSE:PD
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PD Stock Chart & Stats
C$114.36
-C$2.76(-2.90%)
At close: 4:00 PM EST
C$114.36
-C$2.76(-2.90%)
Day’s Range― - ―
52-Week RangeC$63.01 - C$143.81
Previous CloseN/A
Volume30.68K
Average Volume (3M)95.94K
Market Cap
C$1.74B
Enterprise ValueC$2.28B
Total Cash (Recent Filing)C$41.46M
Total Debt (Recent Filing)C$732.07M
Price to Earnings (P/E)―
Beta0.53
Next Earnings
Jul 23, 2026EPS Estimate
0.66Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.18
Shares Outstanding12,941,241
10 Day Avg. Volume84,114
30 Day Avg. Volume95,937
Financial Highlights & Ratios
PEG Ratio-7.26
Price to Book (P/B)0.83
Price to Sales (P/S)0.71
P/FCF Ratio8.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$152.78Price Target Upside33.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)7.72
Revenue Forecast (FY)C$1.97B
Bulls Say, Bears Say
Bulls Say
Strong Operating Cash GenerationConsistent, sizable operating cash flow and positive free cash flow provide durable internal funding for maintenance capex, fleet upkeep and selective growth without relying on external financing. This cash generation cushions cyclical downturns and supports debt reduction and capital allocation over the next 2–6 months.
Improved Leverage And Balance-sheet ResilienceMaterial reduction in debt-to-equity reflects stronger balance-sheet flexibility and lower interest burden. Improved leverage enhances resilience to commodity cycles, increases capacity to absorb shocks, and gives management room for strategic investments or further deleveraging without compromising operations.
Solid Operating Margins And Revenue ExpansionAbove-average operating margins and meaningful revenue growth indicate an efficient cost structure and sustained market demand for drilling services. Strong operating profitability supports cash conversion and suggests competitive advantages in operations and pricing across core North American basins.
Bears Say
Earnings Swung To Near-breakeven And Small TTM LossA recent shift from consistent profits to a near-breakeven position increases earnings volatility and reduces predictability of retained earnings. Persistent low or negative reported profits can constrain retained-capital buildup, weaken investor confidence, and limit strategic flexibility over the medium term.
Declining Free Cash Flow MomentumAlthough free cash flow is positive, the recent downtrend erodes the company’s cushion for discretionary spending. Continued FCF decline would hamper reinvestment, debt paydown and shareholder returns, making the company more sensitive to lower activity or day-rate pressure in the coming quarters.
Returns On Capital Have Weakened (ROE Down)A sharp drop in ROE signals diminished capital efficiency and weaker profitability from invested equity. Reduced returns may reflect pricing pressure, higher costs or asset underutilization, and could limit the company’s ability to attract capital or justify future investments if the trend persists.
Precision Drilling News
PD FAQ
What was Precision Drilling Corp’s price range in the past 12 months?
Precision Drilling Corp lowest stock price was C$63.01 and its highest was C$143.81 in the past 12 months.
What is Precision Drilling Corp’s market cap?
Precision Drilling Corp’s market cap is C$1.74B.
When is Precision Drilling Corp’s upcoming earnings report date?
Precision Drilling Corp’s upcoming earnings report date is Jul 23, 2026 which is in 41 days.
How were Precision Drilling Corp’s earnings last quarter?
Precision Drilling Corp released its earnings results on Apr 30, 2026. The company reported C$1.92 earnings per share for the quarter, missing the consensus estimate of C$2.411 by -C$0.491.
Is Precision Drilling Corp overvalued?
According to Wall Street analysts Precision Drilling Corp’s price is currently Undervalued.
Does Precision Drilling Corp pay dividends?
Precision Drilling Corp pays a Quarterly dividend of C$1.4 which represents an annual dividend yield of N/A. See more information on Precision Drilling Corp dividends here
What is Precision Drilling Corp’s EPS estimate?
Precision Drilling Corp’s EPS estimate is 0.66.
How many shares outstanding does Precision Drilling Corp have?
Precision Drilling Corp has 12,941,241 shares outstanding.
What happened to Precision Drilling Corp’s price movement after its last earnings report?
Precision Drilling Corp reported an EPS of C$1.92 in its last earnings report, missing expectations of C$2.411. Following the earnings report the stock price went down -9.519%.
Which hedge fund is a major shareholder of Precision Drilling Corp?
Currently, no hedge funds are holding shares in TSE:PD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Precision Drilling Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$152.78 (33.59% Upside)
C$152.78 (33.59% Upside)
Blogger Sentiment
Bullish
TSE:PD Sentiment 70%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth C$3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
93.35%
12-Months-Change
Fundamentals
Return on Equity
-0.94%
Trailing 12-Months
Asset Growth
-2.80%
Trailing 12-Months
Company Description
Precision Drilling Corp
Precision Drilling Corporation, a Calgary, Canada-based enterprise, provides a full suite of onshore drilling, completion, and production services. The company supports exploration and production firms in the oil and natural gas, as well as geothermal sectors, operating extensively across North America and the Middle East. Its operations are segmented into two core divisions: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services division focuses on onshore well drilling for oil and natural gas exploration and production entities. This encompasses land and turnkey drilling solutions, the sourcing and distribution of oilfield equipment, and the manufacture and repair of drilling and service rig apparatus. As of December 31, 2021, this segment managed a fleet of 227 land drilling rigs, comprising 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 Georgia. This advanced fleet included 47 AlphaTM rigs featuring commercial AlphaAutomation, 18 AlphaApps, 4 grid power-capable rigs, and 60 natural gas or bi-fuel powered rigs. The Completion and Production Services segment delivers crucial support for well completion, workover, abandonment, maintenance, and re-entry preparation through its service rigs. This division also supplies wellsite accommodations, offers a range of oilfield surface equipment for lease, and provides camp and catering services to oil and natural gas exploration and production companies. By December 31, 2021, its assets featured 123 well completion and workover service rigs (113 in Canada and 10 in the United States), in addition to 1,900 oilfield rental items including surface storage, small-flow wastewater treatment, power generation, and solids control equipment. Within Canada, this segment also maintained 109 wellsite accommodation units, 943 drill camp beds, 822 base camp beds, and three kitchen diners. Precision Drilling Corporation was founded in 1951.
PD Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights disciplined capital allocation, strengthened balance sheet, resilient operating margins, executed share buybacks, growing U.S. activity and strong free cash flow and liquidity. These positives were partially offset by significant noncash Q4 charges for rig decommissioning and drill pipe, some international softness and ongoing cost pressures in the C&P division. Management provided constructive forward guidance for rig activity and margins, a clear deleveraging roadmap and capital-light international growth initiatives, while acknowledging short-term contract visibility risks in the U.S.View all TSE:PD earnings summariesPD Stock 12 Month Forecast
Average Price Target
C$152.78
▲(33.59% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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