PRECISION DRILLING CORP
PDSNYSETrading Snapshot
- Day Range
- $121.68 β $123.32
- 52-Week Range
- β
- Volume
- $3.06B
- Avg Volume
- $3.27B
- Shares Outstanding
- 12.8M
- Next Earnings
- Nov 23, 2026
Fundamentals Snapshot
- Annual Revenue
- $1.84B
- Last Q Revenue
- $453M
- P/E Ratio
- β
- P/S Ratio
- 0.8x
- EPS (TTM)
- β
- Dividend Yield
- β
- Dilution (1yr)
- β6.7%
Why Investors Own PDS
- βHigh-growth profile β revenue up +35.2% YoY with expanding US Equity exposure.
- βHealthy economics β 77% gross margin and 11% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
PRECISION DRILLING CORP
PDSAbout PRECISION DRILLING CORP
Precision Drilling Corporation (PDS), founded in 1951 and headquartered in Calgary, Canada, specializes in providing land-based drilling, well completion, and production support services. The company caters to upstream oil and gas as well as geothermal energy companies across North America and the Middle East. Its operations are structured into two distinct divisions: 1. Contract Drilling Services: This division is dedicated to land-based well drilling activities, encompassing both traditional and turnkey drilling solutions, the sourcing and delivery of essential oilfield materials, and the fabrication and overhaul of drilling and service rig machinery. By the close of 2021, this segment managed a global fleet of 227 land drilling rigs, with 109 located in Canada, 105 in the United States, 6 in Kuwait, 4 in Saudi Arabia, 2 in the Kurdistan region of Iraq, and a single rig in Georgia. The advanced fleet also featured 47 Alphaβ’ rigs equipped with commercial AlphaAutomation, 18 AlphaApps, 4 grid-power-compatible rigs, and 60 rigs capable of operating on natural gas or bi-fuel. 2. Completion and Production Services: This division delivers specialized service rigs for a range of well operations including completion, workover, abandonment, maintenance, and re-entry preparation. This segment also supplies wellsite accommodation, leases out a variety of oilfield surface equipment, and offers comprehensive camp and catering provisions to oil and natural gas exploration and production companies. As of December 31, 2021, its assets included a total of 123 well completion and workover service rigs, comprising 113 in Canada and 10 in the U.S. Additionally, it provided approximately 1,900 distinct oilfield rental items, such as surface storage, small-flow wastewater treatment systems, power generation units, and solids control apparatus. Other assets included 109 wellsite accommodation units, 943 drill camp beds, 822 base camp beds, and three kitchen-diner facilities, all within Canada.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates
PRECISION DRILLING CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift PDS price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
PRECISION DRILLING CORP announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.