Precision Drilling Corporation Logo

Precision Drilling Corporation

PD.TO

(2.0)
Stock Price

90,95 CAD

5.23% ROA

20.49% ROE

6.9x PER

Market Cap.

1.078.125.885,00 CAD

74.79% DER

0% Yield

14.93% NPM

Precision Drilling Corporation Stock Analysis

Precision Drilling Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Precision Drilling Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.81x), the stock offers substantial upside potential at a bargain price.

2 ROE

The stock's ROE falls within an average range (11.01%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (5.23%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 DER

The stock maintains a fair debt to equity ratio (75%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

7 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-6.111), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Precision Drilling Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Precision Drilling Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Precision Drilling Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Precision Drilling Corporation Revenue
Year Revenue Growth
1995 163.100.000
1996 455.000.000 64.15%
1997 1.012.500.000 55.06%
1999 511.400.000 -97.99%
2000 1.355.453.000 62.27%
2001 1.953.563.000 30.62%
2002 1.689.150.000 -15.65%
2003 1.917.933.000 11.93%
2004 2.325.215.983 17.52%
2005 1.269.178.974 -83.21%
2006 1.437.583.877 11.71%
2007 1.009.200.516 -42.45%
2008 1.101.890.481 8.41%
2009 1.197.446.000 7.98%
2010 1.429.653.000 16.24%
2011 1.951.027.000 26.72%
2012 2.040.741.000 4.4%
2013 2.029.977.000 -0.53%
2014 2.350.538.000 13.64%
2015 1.555.624.000 -51.1%
2016 951.411.000 -63.51%
2017 1.321.224.000 27.99%
2018 1.541.189.000 14.27%
2019 1.541.320.000 0.01%
2020 935.753.000 -64.71%
2021 986.847.000 5.18%
2022 1.617.194.000 38.98%
2023 1.787.016.000 9.5%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Precision Drilling Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1999 3.600.000 100%
2000 20.288.000 82.26%
2001 32.440.000 37.46%
2002 34.862.000 6.95%
2003 42.419.000 17.82%
2004 48.759.299 13%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Precision Drilling Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 126.648.000 100%
2013 142.507.000 11.13%
2014 144.341.000 1.27%
2015 136.776.000 -5.53%
2016 110.287.000 -24.02%
2017 90.072.000 -22.44%
2018 112.387.000 19.86%
2019 104.010.000 -8.05%
2020 70.869.000 -46.76%
2021 95.931.000 26.13%
2022 180.988.000 47%
2023 176.708.000 -2.42%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Precision Drilling Corporation EBITDA
Year EBITDA Growth
1995 39.300.000
1996 110.800.000 64.53%
1997 333.900.000 66.82%
1999 121.900.000 -173.91%
2000 362.798.000 66.4%
2001 562.776.000 35.53%
2002 303.868.000 -85.2%
2003 463.264.000 34.41%
2004 628.236.141 26.26%
2005 712.820.094 11.87%
2006 667.751.631 -6.75%
2007 437.075.181 -52.78%
2008 435.291.404 -0.41%
2009 447.674.000 2.77%
2010 435.383.000 -2.82%
2011 695.064.000 37.36%
2012 478.323.000 -45.31%
2013 638.833.000 25.13%
2014 673.671.000 5.17%
2015 328.022.000 -105.37%
2016 241.434.000 -35.86%
2017 304.981.000 20.84%
2018 375.131.000 18.7%
2019 378.080.000 0.78%
2020 281.464.000 -34.33%
2021 192.772.000 -46.01%
2022 311.605.000 38.14%
2023 458.300.000 32.01%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Precision Drilling Corporation Gross Profit
Year Gross Profit Growth
1995 51.300.000
1996 140.100.000 63.38%
1997 393.100.000 64.36%
1999 165.900.000 -136.95%
2000 485.974.000 65.86%
2001 715.435.000 32.07%
2002 498.159.000 -43.62%
2003 644.499.000 22.71%
2004 853.988.481 24.53%
2005 627.374.113 -36.12%
2006 749.376.747 16.28%
2007 493.106.564 -51.97%
2008 503.709.325 2.1%
2009 505.203.000 0.3%
2010 542.905.000 6.94%
2011 820.005.000 33.79%
2012 489.915.000 -67.38%
2013 448.181.000 -9.31%
2014 496.042.000 9.65%
2015 144.629.000 -242.98%
2016 -47.543.000 404.21%
2017 17.307.000 374.7%
2018 107.658.000 83.92%
2019 168.737.000 36.2%
2020 36.011.000 -368.57%
2021 6.377.000 -464.7%
2022 213.558.000 97.01%
2023 342.240.000 37.6%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Precision Drilling Corporation Net Profit
Year Net Profit Growth
1995 17.600.000
1996 42.400.000 58.49%
1997 117.500.000 63.91%
1999 20.600.000 -470.39%
2000 131.560.000 84.34%
2001 188.044.000 30.04%
2002 91.265.000 -106.04%
2003 188.676.000 51.63%
2004 247.404.608 23.74%
2005 1.630.562.856 84.83%
2006 579.588.770 -181.33%
2007 345.775.151 -67.62%
2008 302.729.480 -14.22%
2009 161.703.000 -87.21%
2010 62.091.000 -160.43%
2011 193.477.000 67.91%
2012 52.360.000 -269.51%
2013 191.150.000 72.61%
2014 33.152.000 -476.59%
2015 -363.436.000 109.12%
2016 -155.555.000 -133.64%
2017 -132.036.000 -17.81%
2018 -294.270.000 55.13%
2019 6.618.000 4546.51%
2020 -120.138.000 105.51%
2021 -177.386.000 32.27%
2022 -34.293.000 -417.27%
2023 79.168.000 143.32%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Precision Drilling Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 2
1996 2 50%
1997 8 75%
1999 4 -100%
2000 16 73.33%
2001 20 25%
2002 9 -122.22%
2003 10 0%
2004 12 25%
2005 264 95.45%
2006 92 -186.96%
2007 55 -67.27%
2008 45 -25%
2009 13 -238.46%
2010 5 -225%
2011 14 71.43%
2012 4 -366.67%
2013 14 76.92%
2014 2 -550%
2015 -25 108.33%
2016 -11 -140%
2017 -9 -11.11%
2018 -20 55%
2019 0 0%
2020 -9 100%
2021 -13 38.46%
2022 -3 -550%
2023 6 140%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Precision Drilling Corporation Free Cashflow
Year Free Cashflow Growth
1995 -10.700.000
1996 -310.000.000 96.55%
1997 -357.400.000 13.26%
1999 -77.200.000 -362.95%
2000 35.881.000 315.16%
2001 66.211.000 45.81%
2002 -68.571.000 196.56%
2003 -56.494.000 -21.38%
2004 165.818.335 134.07%
2005 16.655.424 -895.58%
2006 346.713.653 95.2%
2007 297.108.948 -16.7%
2008 114.330.986 -159.87%
2009 311.294.000 63.27%
2010 129.494.000 -140.39%
2011 -193.585.000 166.89%
2012 -232.771.000 16.83%
2013 -107.718.000 -116.09%
2014 -176.531.000 38.98%
2015 58.306.000 402.77%
2016 -80.964.000 172.01%
2017 18.553.000 536.39%
2018 167.191.000 88.9%
2019 127.465.000 -31.17%
2020 164.526.000 22.53%
2021 63.284.000 -159.98%
2022 52.854.000 -19.73%
2023 36.107.000 -46.38%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Precision Drilling Corporation Operating Cashflow
Year Operating Cashflow Growth
1995 13.600.000
1996 77.600.000 82.47%
1997 251.300.000 69.12%
1999 -31.100.000 908.04%
2000 236.885.000 113.13%
2001 432.230.000 45.19%
2002 199.223.000 -116.96%
2003 258.427.000 22.91%
2004 448.041.757 42.32%
2005 300.120.944 -49.29%
2006 609.743.709 50.78%
2007 484.114.609 -25.95%
2008 343.909.665 -40.77%
2009 504.729.000 31.86%
2010 305.395.000 -65.27%
2011 532.772.000 42.68%
2012 635.286.000 16.14%
2013 428.086.000 -48.4%
2014 680.159.000 37.06%
2015 517.016.000 -31.55%
2016 122.508.000 -322.03%
2017 116.555.000 -5.11%
2018 293.334.000 60.27%
2019 288.159.000 -1.8%
2020 226.118.000 -27.44%
2021 139.225.000 -62.41%
2022 237.104.000 41.28%
2023 88.500.000 -167.91%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Precision Drilling Corporation Capital Expenditure
Year Capital Expenditure Growth
1995 24.300.000
1996 387.600.000 93.73%
1997 608.700.000 36.32%
1999 46.100.000 -1220.39%
2000 201.004.000 77.07%
2001 366.019.000 45.08%
2002 267.794.000 -36.68%
2003 314.921.000 14.96%
2004 282.223.422 -11.59%
2005 283.465.520 0.44%
2006 263.030.056 -7.77%
2007 187.005.661 -40.65%
2008 229.578.679 18.54%
2009 193.435.000 -18.69%
2010 175.901.000 -9.97%
2011 726.357.000 75.78%
2012 868.057.000 16.32%
2013 535.804.000 -62.01%
2014 856.690.000 37.46%
2015 458.710.000 -86.76%
2016 203.472.000 -125.44%
2017 98.002.000 -107.62%
2018 126.143.000 22.31%
2019 160.694.000 21.5%
2020 61.592.000 -160.9%
2021 75.941.000 18.89%
2022 184.250.000 58.78%
2023 52.393.000 -251.67%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Precision Drilling Corporation Equity
Year Equity Growth
1995 130.800.000
1996 353.400.000 62.99%
1997 696.600.000 49.27%
1999 908.800.000 23.35%
2000 1.206.895.000 24.7%
2001 1.417.604.000 14.86%
2002 1.533.000.000 7.53%
2003 1.745.289.000 12.16%
2004 2.321.741.061 24.83%
2005 1.074.591.232 -116.06%
2006 1.217.074.790 11.71%
2007 1.316.672.957 7.56%
2008 2.323.879.310 43.34%
2009 2.584.501.000 10.08%
2010 2.577.919.000 -0.26%
2011 2.132.591.000 -20.88%
2012 2.171.300.000 1.78%
2013 2.399.343.000 9.5%
2014 2.441.366.000 1.72%
2015 2.121.209.000 -15.09%
2016 1.962.118.000 -8.11%
2017 1.810.336.000 -8.38%
2018 1.557.752.000 -16.21%
2019 1.527.432.000 -1.99%
2020 1.406.640.000 -8.59%
2021 1.225.555.000 -14.78%
2022 1.230.529.000 0.4%
2023 1.383.735.000 11.07%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Precision Drilling Corporation Assets
Year Assets Growth
1995 175.600.000
1996 602.800.000 70.87%
1997 1.197.400.000 49.66%
1999 1.436.300.000 16.63%
2000 2.388.136.000 39.86%
2001 2.654.313.000 10.03%
2002 2.760.015.000 3.83%
2003 2.908.385.000 5.1%
2004 3.850.772.738 24.47%
2005 1.718.882.428 -124.03%
2006 1.761.185.927 2.4%
2007 1.763.477.009 0.13%
2008 4.833.702.039 63.52%
2009 4.191.713.000 -15.32%
2010 4.296.788.000 2.45%
2011 4.427.874.000 2.96%
2012 4.300.263.000 -2.97%
2013 4.579.123.000 6.09%
2014 5.308.996.000 13.75%
2015 4.878.690.000 -8.82%
2016 4.324.214.000 -12.82%
2017 3.892.931.000 -11.08%
2018 3.636.043.000 -7.07%
2019 3.269.840.000 -11.2%
2020 2.898.878.000 -12.8%
2021 2.661.752.000 -8.91%
2022 2.876.123.000 7.45%
2023 2.808.201.000 -2.42%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Precision Drilling Corporation Liabilities
Year Liabilities Growth
1995 44.800.000
1996 249.400.000 82.04%
1997 500.800.000 50.2%
1999 527.500.000 5.06%
2000 1.181.241.000 55.34%
2001 1.235.841.000 4.42%
2002 1.224.996.000 -0.89%
2003 1.159.325.000 -5.66%
2004 1.529.031.677 24.18%
2005 644.291.197 -137.32%
2006 544.111.137 -18.41%
2007 446.804.052 -21.78%
2008 2.509.822.729 82.2%
2009 1.607.212.000 -56.16%
2010 1.718.869.000 6.5%
2011 2.295.283.000 25.11%
2012 2.128.963.000 -7.81%
2013 2.179.780.000 2.33%
2014 2.867.630.000 23.99%
2015 2.757.481.000 -3.99%
2016 2.362.096.000 -16.74%
2017 2.082.595.000 -13.42%
2018 2.078.291.000 -0.21%
2019 1.742.408.000 -19.28%
2020 1.492.238.000 -16.76%
2021 1.436.197.000 -3.9%
2022 1.645.594.000 12.72%
2023 1.424.466.000 -15.52%

Precision Drilling Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
142.68
Net Income per Share
10.73
Price to Earning Ratio
6.9x
Price To Sales Ratio
0.56x
POCF Ratio
2.06
PFCF Ratio
3.79
Price to Book Ratio
0.73
EV to Sales
1.06
EV Over EBITDA
3.75
EV to Operating CashFlow
4.22
EV to FreeCashFlow
7.26
Earnings Yield
0.14
FreeCashFlow Yield
0.26
Market Cap
1,08 Bil.
Enterprise Value
2,06 Bil.
Graham Number
156.69
Graham NetNet
-78.12

Income Statement Metrics

Net Income per Share
10.73
Income Quality
3.35
ROE
0.11
Return On Assets
0.09
Return On Capital Employed
0.11
Net Income per EBT
1.09
EBT Per Ebit
0.85
Ebit per Revenue
0.16
Effective Tax Rate
-0.09

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.22
Operating Profit Margin
0.16
Pretax Profit Margin
0.14
Net Profit Margin
0.15

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
35.97
Free CashFlow per Share
20.89
Capex to Operating CashFlow
-0.42
Capex to Revenue
-0.11
Capex to Depreciation
-0.71
Return on Invested Capital
0.08
Return on Tangible Assets
0.05
Days Sales Outstanding
73.94
Days Payables Outstanding
67.43
Days of Inventory on Hand
8.42
Receivables Turnover
4.94
Payables Turnover
5.41
Inventory Turnover
43.33
Capex per Share
-15.08

Balance Sheet

Cash per Share
3,61
Book Value per Share
101,69
Tangible Book Value per Share
101.69
Shareholders Equity per Share
101.69
Interest Debt per Share
82.49
Debt to Equity
0.75
Debt to Assets
0.37
Net Debt to EBITDA
1.79
Current Ratio
1.59
Tangible Asset Value
1,37 Bil.
Net Current Asset Value
-0,95 Bil.
Invested Capital
0.75
Working Capital
0,18 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,37 Bil.
Average Payables
0,27 Bil.
Average Inventory
35856000
Debt to Market Cap
0.96

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Precision Drilling Corporation Dividends
Year Dividends Growth
2006 4
2007 2 -50%
2008 2 -100%
2009 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%

Precision Drilling Corporation Profile

About Precision Drilling Corporation

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 North America and the Middle East. The company operates in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. As of December 31, 2021, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. As of December 31, 2021, this segment also operated 47 AlphaTM rigs with commercial AlphaAutomation; 18 AlphaApps; 4 grid power capable rigs; and 60 natural gas or bi-fuel rigs. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. As of December 31, 2021, it operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States; 1,900 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 109 wellsite accommodation units; 943 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

CEO
Mr. Kevin A. Neveu B.Sc., P.En
Employee
5.000
Address
525–8th Avenue SW
Calgary, T2P 1G1

Precision Drilling Corporation Executives & BODs

Precision Drilling Corporation Executives & BODs
# Name Age
1 Mr. Kevin A. Neveu B.Sc., P.Eng
President, Chief Executive Officer & Director
70
2 Mr. Darren J. Ruhr
Chief Administrative Officer
70
3 Mr. Ross Steven Pickering
Senior Vice President of Global Operations Excellence
70
4 Dustin Honing
Manager of Investor Relations & Corporate Development
70
5 Ms. Veronica H. Foley
Chief Legal & Compliance Officer
70
6 Mr. Gene C. Stahl
President of North American Drilling
70
7 Ms. Lavonne Zdunich
Director of Investor Relations
70
8 Mr. Grant Hunter
Senior Vice President of North American Drilling Operation
70
9 Mr. Carey Thomas Ford C.F.A.
Chief Financial Officer
70
10 Mr. Shuja U. Goraya
Chief Technology Officer
70

Precision Drilling Corporation Competitors