PDS:NYE-Precision Drilling Corporation (USD)

EQUITY | Oil & Gas Drilling | New York Stock Exchange

Last Closing

USD 68.16

Change

-4.15 (-5.74)%

Market Cap

USD 1.45B

Volume

0.07M

Analyst Target

USD 4.44
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Precision Drilling Corp is a provider of oil & natural gas drilling & related services & products. It specialized in providing onshore drilling services in conventional & unconventional oil & natural gas basins in Canada and United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-03 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap
HP Helmerich and Payne Inc

N/A

USD 3.00B
DO Diamond Offshore Drilling Inc

N/A

N/A
NBR Nabors Industries Ltd

N/A

N/A
NE Noble Corporation plc

N/A

N/A
RIG Transocean Ltd

N/A

N/A
SDRL Seadrill Limited

N/A

N/A
BORR Borr Drilling Ltd

N/A

N/A

ETFs Containing PDS

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Drilling) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 25.55% 100% F 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.55% 100% F 90% A-
Trailing 12 Months  
Capital Gain 1.26% 100% F 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.26% 100% F 23% F
Trailing 5 Years  
Capital Gain 152.44% 78% C+ 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 152.44% 78% C+ 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 67.00% N/A N/A 96% N/A
Dividend Return 67.00% N/A N/A 96% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 106.14% N/A N/A 7% C-
Risk Adjusted Return 63.13% N/A N/A 80% B-
Market Capitalization 1.45B 50% F 57% F

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Drilling) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.08 100% 88%
Price/Book Ratio 0.85 50% 81%
Price / Cash Flow Ratio 2.06 75% 73%
Price/Free Cash Flow Ratio 4.00 50% 72%
Management Effectiveness  
Return on Equity 15.01% 100% 75%
Return on Invested Capital 13.61% 100% 78%
Return on Assets 4.87% 75% 74%
Debt to Equity Ratio 58.06% 50% 56%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.