PDS · NYSE · Oil & Gas Drilling

Precision Drilling (PDS)

Provides North American land drilling, automation and Canadian completion services.

$83.33
After hours−0.01 (−0.01%)
At close$83.34(−0.81%)
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Precision Drilling CorporationPDS
Energy

Provides North American land-drilling services through a standardized Super Series rig fleet, supplemented by Alpha automation and EverGreen emissions- and fuel-related offerings. A second operating line provides Canadian well completion, workover, abandonment and re-entry preparation, rentals and camps.

Provides contract land-drilling services across North America through a standardized Super Series rig fleet, supported by Alpha automation, analytics and systems intended to improve safety and operational consistency. The core Contract Drilling Services line is complemented by EverGreen emissions- and fuel-related offerings.

Completion and Production Services covers Canadian well completion, workover, abandonment and re-entry preparation, together with equipment rentals and camps. The CWC acquisition expanded this Canadian well-servicing footprint.

Operations depend on land-drilling activity, skilled crews and capital to maintain and upgrade rigs. Customer mobility between regions can heighten competition for utilization and day rates.

Company facts

CEOCarey T. Ford
ListedNov 7, 2005
ExchangeNYSE
HeadquartersCalgary, AB
CountryCanada
Employees5,100
CIK0001013605
ISINCA74022D4075

Market cap$1.08B
EPS (ttm)−$1.74
P/E (ttm)−48.29
ROE-2.0%
P/B0.9470
P/S0.7897
Dividend yieldDiv yield
Beta0.24vs XLE 1.24

Price target$85.13+1.7%Average of 24 analysts
ConsensusBuy13 of 24 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Mar 2, 2026Loop Capital MarketsTarget
Target:
Target: $122
Feb 17, 2026Piper SandlerReiterate
Rating: Target: $81
Rating: OverweightTarget: $105
Dec 18, 2025Piper SandlerReiterate
Rating: Target: $79
Rating: OverweightTarget: $81
Oct 28, 2025Piper SandlerReiterate
Rating: Target: $72
Rating: OverweightTarget: $79

Next report
Oct 28, 26
in 36 days
EPS estimate
$1.51
Revenue estimate
$380.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.76$1.53$0.77−$0.55−$2.34$0.98−$0.38Pending
Estimate$1.40$1.57−$0.02$1.06$1.49$1.73$0.43$1.51
Surprise−45.7%−2.5%+3,950.0%−152.3%−257.4%−43.4%−188.4%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$325.3M$348.5M$298.4M$331.9M$348.4M$378.2M$318.8MPending
Estimate$487.8M$411.4M$466.8M$333.1M$357.1M$365.3M$310.7M$380.6M
Surprise−33.3%−15.3%−36.1%−0.4%−2.4%+3.5%+2.6%
Estimate$1.51
ReportedDue Oct 28, 2026
Estimate$380.6M
ReportedDue Oct 28, 2026
View details

Debt to equity43.50%
Current ratio145.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$339.4M$333.0M$353.1M$289.3M$328.8M$340.4M$374.2M$322.1M
Net income$27.9M$10.5M$24.5M$11.6M−$4.8M−$30.0M$12.4M−$850.1K
Net margin8.2%3.2%7.0%4.0%0.0%0.0%3.3%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$47.9M$27.3M$44.4M$23.6M$83.7M−$20.8M$28.2M$10.2M
YoY growth+121.1%−39.1%−3.8%−19.5%+74.7%Turned loss−36.6%−56.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $47.2M · Total debt $495.8M · Total assets $1.94B · Shareholders' equity $1.14B

Revenue
$322.1M
Operating income
$10.2M
Net income
−$850.1K

Reported in CAD, converted at the latest exchange rate

View details

No dividends on record.

Institutions≈ 66.17%8.56M ADS
149 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Other≈ 33.83%4.38M ADS
remainder

12.93M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
National Bank of Canada /FI/Institution
5.84%754,968 ADSas of Jun 30, 2026
FIL LtdInstitution
5.56%719,507 ADSas of Jun 30, 2026
Goldman Sachs Group IncInstitution
4.20%542,651 ADSas of Jun 30, 2026
Hillsdale Investment Management Inc.Institution
3.96%512,747 ADSas of Jun 30, 2026
Aegis Financial CorpInstitution
3.90%504,059 ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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