Precision Drilling Corporation (PDS)
Summary
PDS Chart
People also search for
Wall Street Analysts Believe Precision Drilling (PDS) Could Rally 26.28%: Here's is How to Trade
The mean of analysts' price targets for Precision Drilling (PDS) points to a 26.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Should Value Investors Buy Precision Drilling (PDS) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PDS Biotechnology Targets Phase III Trial for PDS0301 in Metastatic Colorectal Cancer
PDS Biotechnology NASDAQ: PDSB outlined plans to advance its investigational immunocytokine PDS0301 into a Phase III study for heavily pretreated metastatic colorectal cancer with liver metastases, following discussions with the U.S. Food and Drug Administration and clinical findings from a National Cancer Institute-led study.
Precision Drilling Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 754,968 | $55.42M | $71.21M | $15.8M | 28.51% |
 Clint Carlson Carlson Capital LP | 38,531.99 | $7.22M | $3.81M | -$3.41M | -47.29% |
| CV Christina Vaughan-Lahner Causeway Capital Management LLC | 3,291 | $236,462 | $325,973.55 | $89,511.55 | 37.85% |
| MSS Michael S. Sheehy CoreCommodity Management LLC | 13,206 | $897,049.64 | $1.3M | $407,439.04 | 45.42% |
| JM John Malone Amundi | 3,095 | $227,799.12 | $307,441.82 | $79,642.7 | 34.96% |
Precision Drilling Corporation Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| AM Aaron Macneil TD Cowen | 1,124.18 | $102,660.1 | $111,676.02 | $9,015.92 | 8.78% |
Precision Drilling Corporation (PDS) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Precision Drilling Corporation ever had a stock split?
Precision Drilling Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Carey Thomas Ford CEO | NYSE Exchange | 74022D407 CUSIP |
| CA Country | 5,245 Employees | 12 Nov 2020 Last Dividend | 1 May 2009 Last Split | - IPO Date |
Overview
Precision Drilling Corporation is a leading provider of onshore drilling and various completion and production services primarily to the oil and natural gas industries. Established in 1951 and headquartered in Calgary, Canada, the company has expanded its footprint across North America and the Middle East. Precision Drilling operates through two main segments: Contract Drilling Services and Completion and Production Services. These services cater to the needs of exploration and production companies, assisting them from the drilling phase of wells through to completion, maintenance, and production. With a substantial fleet of land drilling rigs and a wide range of service rigs, the company plays a crucial role in the exploration and development of oil and natural gas reserves. By the end of 2021, Precision Drilling's operations included a significant presence in countries such as Canada, the United States, Kuwait, Saudi Arabia, the Kurdistan region of Iraq, and Georgia, showcasing its global capabilities and commitment to supporting the energy industry's evolving needs.
Products and Services
- Contract Drilling Services
This segment provides essential onshore well drilling services to exploration and production companies within the oil and natural gas industry. Precision Drilling offers comprehensive services under this category, including land drilling, turnkey drilling solutions, procurement, and distribution of oilfield supplies. Additionally, it specializes in the manufacture and refurbishment of drilling and service rig equipment. As of the end of 2021, the company operated a vast fleet of 227 land drilling rigs, featuring advanced technology such as 47 AlphaTM rigs with AlphaAutomation, 18 AlphaApps, 4 grid power capable rigs, and 60 rigs capable of utilizing natural gas or bi-fuel, marking its commitment to innovation and efficiency in drilling operations.
- Completion and Production Services
This segment is designed to support the later stages of a well's life cycle, offering a suite of services tailored to well completion, workover, abandonment, maintenance, and re-entry preparation. Precision Drilling's services extend to providing wellsite accommodations, oilfield surface equipment rentals, and camp and catering services, ensuring comprehensive support to exploration and production companies. The company boasts a robust lineup of 123 well completion and workover service rigs, supplemented by a broad inventory of 1,900 rental items, 109 wellsite accommodation units, and extensive camp and catering facilities comprising 943 drill camp beds, 822 base camp beds, and three kitchen diners in Canada as of December 31, 2021. This range of services underscores Precision Drilling's capability to meet the diverse needs of its clients throughout the production process.
Contact Information
