Precision Drilling Corporation (PDS)
Is Precision Drilling (PDS) Stock Undervalued Right Now?
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.
Despite Fast-paced Momentum, Precision Drilling (PDS) Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Precision Drilling (PDS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Precision Drilling Corporation (PDS) Q2 2024 Earnings Call Transcript
Precision Drilling Corporation (NYSE:PDS ) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Lavonne Zdunich – Vice President-Investor Relations Kevin Neveu – President and Chief Executive Officer Carey Ford – Chief Financial Officer Conference Call Participants Kurt Hallead – Benchmark Luke Lemoine – Piper Sandler Aaron MacNeil – TD Cowen Waqar Syed – ATB Capital Markets Jamie Kubik – CIBC John Gibson – BMO Capital Markets Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2024 Second Quarter Conference Call.
Precision Drilling (PDS) Surpasses Q2 Earnings and Revenue Estimates
Precision Drilling (PDS) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of a loss of $0.62 per share. This compares to earnings of $1.21 per share a year ago.
Precision Drilling (PDS) Reports Next Week: Wall Street Expects Earnings Growth
Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Precision Drilling: Automation Makes It A Buy
Precision Drilling Corporation is experiencing growth in service rigs, driven by Trans Mountain pipeline expansion and regulatory spending requirements, potentially accelerating demand for the stock. Recent plans to reduce debt levels and distribute 25%-35% of FCF to shareholders could further boost stock demand. The business review highlights drilling as the most relevant activity, with potential synergies from CWC Energy Services acquisition and automation technologies enhancing future drilling activities.
