Precision Drilling Corporation

Energy CA PD

64.49CAD
-0.26(0.40%)

Last update at 2025-06-30T20:00:00Z

Day Range

63.9465.03
LowHigh

52 Week Range

51.38109.20
LowHigh

Fundamentals

  • Previous Close 64.75
  • Market Cap858.59M
  • Volume53458
  • P/E Ratio8.49
  • Dividend Yield-%
  • EBITDA502.37M
  • Revenue TTM1870.87M
  • Revenue Per Share TTM133.18
  • Gross Profit TTM 632.62M
  • Diluted EPS TTM7.48

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -14.14300M -182.78200M -109.18400M -8.33900M -323.59600M
Minority interest - - - - -
Net income -34.29300M -177.38600M -120.13800M 6.62M -294.27000M
Selling general administrative 180.99M 95.93M 70.87M 104.01M 112.39M
Selling and marketing expenses - - - - -
Gross profit 213.56M 6.38M 36.01M 168.74M 107.66M
Reconciled depreciation 279.04M 282.33M 316.32M 333.62M 365.66M
Ebit 32.57M -89.55400M -34.85800M 44.46M 4.48M
Ebitda 311.61M 192.77M 281.46M 378.08M 370.14M
Depreciation and amortization 279.04M 282.33M 316.32M 333.62M 365.66M
Non operating income net other - - - - -
Operating income 32.57M -89.55400M -34.85800M 44.46M 4.48M
Other operating expenses 1584.62M 1076.40M 970.61M 1496.86M 1531.72M
Interest expense 87.81M 91.43M 107.47M 118.45M 122.19M
Tax provision 20.15M -5.39600M 10.95M -14.95700M -29.32600M
Interest income 75.67M 92.22M 112.01M 109.71M 130.82M
Net interest income -87.81300M -91.43100M -107.46800M -118.45300M -127.17800M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 20.15M -5.39600M 10.95M -14.95700M -29.32600M
Total revenue 1617.19M 986.85M 935.75M 1541.32M 1541.19M
Total operating expenses 180.99M 95.93M 70.87M 124.27M 98.19M
Cost of revenue 1403.64M 980.47M 899.74M 1372.58M 1433.53M
Total other income expense net -46.71300M -93.22800M -74.32600M -52.80300M -328.07700M
Discontinued operations - - - - -
Net income from continuing ops -34.29300M -177.38600M -120.13800M 6.62M -294.27000M
Net income applicable to common shares -34.29300M -177.38600M -120.13800M 6.62M -294.27000M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 2956.32M 3311.36M 2876.12M 2661.75M 2898.88M
Intangible assets 13.00M 17.31M 19.57M 23.91M 27.67M
Earning assets - - - - -
Other current assets - 86.92M - 76.11M -
Total liab 1274.32M 1735.70M 1645.59M 1436.20M 1492.24M
Total stockholder equity 1677.47M 1575.66M 1230.53M 1225.56M 1406.64M
Deferred long term liab - - 1.41M 2.07M 2.11M
Other current liab - 191.03M 2.99M 0.84M 3.70M
Common stock - 2365.13M 2299.53M 2281.44M 2285.74M
Capital stock 2301.73M 2365.13M 2299.53M 2281.44M 2285.74M
Retained earnings -900.83400M -1012.02900M -1301.27300M -1266.98000M -1089.59400M
Other liab - - 96.62M 45.46M 40.31M
Good will - - - - -
Other assets - - 0.46M 2.93M 3.21M
Cash 73.77M 54.18M 21.59M 40.59M 108.77M
Cash and equivalents - - - - -
Total current liabilities 338.69M 365.64M 410.03M 238.12M 166.84M
Current deferred revenue - 3.03M - - -
Net debt 738.70M 938.01M 1132.35M 1125.19M 1188.50M
Short term debt - 20.23M 14.98M 13.16M 12.18M
Short long term debt - 2.85M 2.29M 2.22M 0.90M
Short long term debt total - 992.19M 1153.93M 1165.78M 1297.27M
Other stockholder equity - 75.09M 72.56M 76.31M 72.92M
Property plant equipment - - 2363.37M 2309.83M 2527.85M
Total current assets 501.28M 510.88M 470.67M 319.76M 342.26M
Long term investments - 9.97M 20.45M 7.38M -
Net tangible assets - - 1212.36M 1203.71M 1381.08M
Short term investments - - - - -
Net receivables 296.68M 421.43M 413.93M 255.74M 207.21M
Long term debt 812.47M 914.83M 1085.97M 1106.79M 1236.21M
Inventory 43.30M 35.27M 35.16M 23.43M 26.28M
Accounts payable 113.34M 151.35M 392.05M 224.12M 150.96M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 147.48M 159.71M 134.78M 137.58M
Additional paid in capital - - - - -
Common stock total equity - - - - 2285.74M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 8.46M 10.65M 1.60M 7.38M -
Deferred long term asset charges - - - - -
Non current assets total 2455.03M 2800.48M 2405.45M 2341.99M 2556.61M
Capital lease obligations 75.12M 74.51M 65.68M 56.76M 60.17M
Long term debt total - - 1138.95M 1152.62M 1285.09M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -144.41500M -3.50000M -40.51700M -74.50000M -100.79400M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -144.41500M -56.61300M -40.51700M -74.50000M -100.79400M
Net borrowings -112.99400M -135.25600M -133.26300M -205.21000M -168.72200M
Total cash from financing activities -113.17100M -149.91300M -145.62400M -231.81400M -169.08500M
Change to operating activities -45.89000M -13.01800M 55.39M -4.49300M -17.88000M
Net income -34.29300M -177.38600M -120.13800M 6.62M -294.27000M
Change in cash -19.00100M -68.18400M 34.07M -21.92500M 31.55M
Begin period cash flow 40.59M 108.77M 74.70M 96.63M 65.08M
End period cash flow 21.59M 40.59M 108.77M 74.70M 96.63M
Total cash from operating activities 237.10M 139.22M 226.12M 288.16M 293.33M
Issuance of capital stock - - - - -
Depreciation 279.04M 282.33M 316.32M 333.62M 365.66M
Other cashflows from investing activities 39.84M 9.74M -0.01900M -4.57400M 0.89M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -10.01000M -4.29400M -11.31700M -25.90200M 0.28M
Other cashflows from financing activities 154.72M 685.98M 150.02M -0.70200M -0.36300M
Change to netincome 35.08M 37.43M -31.66000M -53.47100M 222.01M
Capital expenditures 184.25M 75.94M 61.59M 160.69M 126.14M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -45.89000M -13.01800M 55.39M -4.49300M -17.88000M
Stock based compensation 60.09M 31.95M 17.77M 19.46M 17.40M
Other non cash items -41.99200M 20.75M -54.18000M -52.08200M 251.75M
Free cash flow 52.85M 63.28M 164.53M 127.47M 167.19M

Peer Comparison

Sector: Energy Industry: Oil & Gas Drilling

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
PD
Precision Drilling Corporation
-0.26 0.40% 64.49 8.49 11.61 0.46 0.51 0.91 3.23
ESI
Ensign Energy Services Inc
0.03 1.35% 2.25 - 65.79 0.25 0.31 0.87 3.44
PHX
PHX Energy Services Corporation
-0.2 2.42% 8.05 6.84 7.21 0.56 1.67 0.64 3.45
ACX
ACT Energy Technologies Ltd.
-0.12 2.56% 4.56 3.66 5.83 0.29 0.65 0.48 2.95
WRG
Western Energy Services Corp.
- -% 2.26 - 34.97 0.30 0.23 0.76 4.11

Reports Covered

Stock Research & News

Profile

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil, natural gas, and geothermal industry. This segment also offers services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and repair of drilling and service rig equipment. In addition, it operates land drilling rigs in Canada, the United States, and the Middle East. Further, the company offers automation solutions for drilling operations comprising AlphaAutomation, AlphaApps, AlphaAnalytics, and AlphaARMS; and EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreenHydrogen. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment also operates well completion and workover service rigs. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Precision Drilling Corporation

525?8th Avenue, S.W., Calgary, AB, Canada, T2P 1G1

Key Executives

Name Title Year Born
Mr. Kevin A. Neveu B.Sc, B.Sc., P.Eng Pres, CEO & Director 1961
Mr. Carey Thomas Ford C.F.A. Sr. VP & CFO NA
Mr. Darren J. Ruhr Chief Admin. Officer NA
Ms. Veronica H. Foley Chief Legal and Compliance Officer NA
Mr. Gene C. Stahl Chief Marketing Officer 1974
Mr. John Blair Goertzen Exec. Vice-Pres and Chief Operating Officer 1959
Mr. Shuja U. Goraya Chief Technology Officer NA
Dustin Honing Mang. of Investor Relations & Corp. Devel. NA
Mr. Roland H. Marks Sr. VP of International Drilling Operations NA
Mr. Grant Hunter Sr. VP of North American Drilling Operation NA

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