PDS official logo PDS
PDS 1-star rating from Upturn Advisory
Precision Drilling Corporation (PDS) company logo

Precision Drilling Corporation (PDS)

Precision Drilling Corporation (PDS) 1-star rating from Upturn Advisory
$61.9
Last Close (24-hour delay)
Profit since last BUY3.32%
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Upturn Advisory Summary

11/28/2025: PDS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

8 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $92.79

1 Year Target Price $92.79

Analysts Price Target For last 52 week
$92.79 Target price
52w Low $36.2
Current$61.9
52w High $67.35

Analysis of Past Performance

Type Stock
Historic Profit 5.5%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 815.44M USD
Price to earnings Ratio 20.84
1Y Target Price 92.79
Price to earnings Ratio 20.84
1Y Target Price 92.79
Volume (30-day avg) 8
Beta 1.59
52 Weeks Range 36.20 - 67.35
Updated Date 11/29/2025
52 Weeks Range 36.20 - 67.35
Updated Date 11/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.97

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 3.21%
Operating Margin (TTM) 8.25%

Management Effectiveness

Return on Assets (TTM) 3.78%
Return on Equity (TTM) 3.6%

Valuation

Trailing PE 20.84
Forward PE 11.64
Enterprise Value 1328101381
Price to Sales(TTM) 0.44
Enterprise Value 1328101381
Price to Sales(TTM) 0.44
Enterprise Value to Revenue 1.02
Enterprise Value to EBITDA 3.78
Shares Outstanding 13173478
Shares Floating 12842955
Shares Outstanding 13173478
Shares Floating 12842955
Percent Insiders 2.69
Percent Institutions 54.36

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Precision Drilling Corporation

Precision Drilling Corporation(PDS) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Precision Drilling Corporation was founded in 1951 as a small land-based drilling company in Calgary, Alberta, Canada. It expanded through acquisitions and organic growth, becoming a major player in the oil and gas drilling industry. The company has adapted to technological advancements and market changes over the decades.

Company business area logo Core Business Areas

  • Contract Drilling Services: Provides land-based drilling rigs, equipment, and personnel for oil and gas exploration and production. This includes horizontal, directional, and multi-well pad drilling.
  • Completion and Production Services: Offers well completion services, including coiled tubing, snubbing, and well servicing, to enhance production and extend the life of oil and gas wells.

leadership logo Leadership and Structure

The leadership team consists of the CEO, CFO, and other senior executives responsible for different functional areas. The organizational structure is hierarchical with operational units reporting to regional management, who in turn report to the executive leadership team.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Super Series Drilling Rigs: These high-performance drilling rigs are equipped with advanced technology for efficient drilling. Precision Drilling holds a significant market share in the North American land drilling market, especially in technologically advanced rigs. Competitors include Nabors Industries, Helmerich & Payne, and Patterson-UTI Energy.
  • Coiled Tubing Services: Provides coiled tubing services for well intervention, completion, and production enhancement. The revenue generated from the coiled tubing segment is difficult to ascertain precisely but forms a significant part of the Completion and Production Services. Major competitors are Schlumberger, Halliburton, and Baker Hughes.

Market Dynamics

industry overview logo Industry Overview

The oil and gas drilling industry is cyclical and heavily influenced by commodity prices, geopolitical events, and environmental regulations. Currently, there is increased demand for drilling services due to higher oil prices.

Positioning

Precision Drilling Corporation is a leading provider of high-performance drilling services and technology. Its competitive advantage lies in its technologically advanced fleet, experienced personnel, and strong customer relationships.

Total Addressable Market (TAM)

The global oil and gas drilling market is estimated to be in the hundreds of billions of dollars. Precision Drilling Corporation captures a portion of this TAM, mainly concentrated in North America.

Upturn SWOT Analysis

Strengths

  • Technologically advanced drilling rigs
  • Experienced and skilled workforce
  • Strong reputation for safety and reliability
  • Established customer relationships
  • Diverse service offerings

Weaknesses

  • High capital expenditures
  • Cyclical nature of the industry
  • Dependence on commodity prices
  • Geographic concentration in North America
  • Potential for environmental liabilities

Opportunities

  • Expansion into new geographic markets
  • Increased demand for unconventional drilling
  • Adoption of new technologies
  • Strategic acquisitions
  • Growth in completion and production services

Threats

  • Fluctuations in oil and gas prices
  • Increased competition
  • Environmental regulations
  • Geopolitical instability
  • Technological disruption

Competitors and Market Share

Key competitor logo Key Competitors

  • NBR
  • HP
  • PTEN

Competitive Landscape

Precision Drilling Corporation has a competitive edge with its technologically advanced fleet, but faces pressure from larger competitors with greater scale. The industry is highly competitive, with pricing pressure impacting margins.

Major Acquisitions

High Arctic Energy Services Inc (Canadian Well Servicing Assets)

  • Year: 2024
  • Acquisition Price (USD millions): 38.2
  • Strategic Rationale: Expand well service capabilities

Growth Trajectory and Initiatives

Historical Growth: Historically, Precision Drilling Corporation's growth has been driven by acquisitions and increased drilling activity. Growth has been inconsistent due to the cyclical nature of the industry.

Future Projections: Analysts project future growth driven by increased drilling activity and expanding into new markets. Projections are dependent on prevailing oil and gas prices.

Recent Initiatives: Recent initiatives include upgrading drilling rigs, expanding service offerings, and focusing on cost efficiencies.

Summary

Precision Drilling is a leading drilling services provider with a strong technological focus. The company's financial performance is closely tied to oil and gas prices, making it vulnerable to market cycles. While its advanced rigs provide a competitive advantage, Precision Drilling needs to manage its capital expenditures and geographic concentration risks. Recent strategic initiatives aim to diversify service offerings and improve cost efficiencies. Its future success hinges on its ability to adapt to evolving industry dynamics and capitalize on opportunities in unconventional drilling.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates
  • Company Press Releases

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share and TAM estimates are approximations based on available data and are subject to change. Financial data is based on publicly available information and may not be entirely accurate.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Precision Drilling Corporation

Exchange NYSE
Headquaters Calgary, AB, Canada
IPO Launch date 1996-11-15
President, CEO & Director Mr. Carey Thomas Ford C.F.A.
Sector Energy
Industry Oil & Gas Drilling
Full time employees 5504
Full time employees 5504

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 the United States, Canada, and internationally. It 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 oil, natural gas, and geothermal industry. This segment also 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. Further, the company offers automation solutions for drilling operations comprising AlphaAutomation, AlphaApps, AlphaAnalytics, and AlphaARMS; and EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreenHydrogen. 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 also operates well completion and workover service rigs. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.