PDS
Precision DrillingPDS
PDS
About: Precision Drilling Corp is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.
Employees: 5,504
0
Funds holding %
of 7,310 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
1% less funds holding
Funds holding: 119 [Q4 2024] → 118 (-1) [Q1 2025]
4.96% less ownership
Funds ownership: 49.48% [Q4 2024] → 44.51% (-4.96%) [Q1 2025]
39% less capital invested
Capital invested by funds: $427M [Q4 2024] → $262M (-$165M) [Q1 2025]
47% less call options, than puts
Call options by funds: $2.84M | Put options by funds: $5.39M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for PDS.
Financial journalist opinion
Based on 3 articles about PDS published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Deep Hole Drilling Machine Industry Report 2025-2034 | Industry 4.0 Integration Transforming Precision Drilling Operations, Hybrid Machines Revolutionizing High-Precision Manufacturing Sectors
Explore the booming Global Deep Hole Drilling Machine Market, poised to surge from USD 1.13 Billion in 2025 to USD 1.77 Billion by 2034, a 6.6% CAGR growth. Essential for precision sectors like aerospace and automotive, these machines integrate Industry 4.0, offering innovation and intelligence for modern manufacturing. Explore the booming Global Deep Hole Drilling Machine Market, poised to surge from USD 1.13 Billion in 2025 to USD 1.77 Billion by 2034, a 6.6% CAGR growth. Essential for precision sectors like aerospace and automotive, these machines integrate Industry 4.0, offering innovation and intelligence for modern manufacturing.
Neutral
GlobeNewsWire
3 days ago
Precision Drilling Corporation 2025 Second Quarter Results Conference Call and Webcast
CALGARY, Alberta, July 02, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2025 second quarter results after the market closes on Tuesday, July 29, 2025, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Wednesday, July 30, 2025.
Positive
Zacks Investment Research
2 weeks ago
Oil & Gas Drilling Is Struggling - But These 3 Names Stand Out
Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.
Positive
Seeking Alpha
1 month ago
Precision Drilling: Oilfield Activity In Canada Appears Resilient, So Far
Oil drilling activity in the U.S. will be cut back due to low prices. However, drilling in Canada is robust due to structural factors, at least for now. Precision Drilling gets 2/3 of its revenue from Canada and may weather the downturn better than its U.S. focused competitors.
Neutral
GlobeNewsWire
1 month ago
Precision Drilling Corporation Announces Voting Results from the 2025 Annual and Special Meeting of Shareholders
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2025 Annual and Special Meeting of Shareholders held on May 15, 2025 (the Annual Meeting). Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors presented in the Company's Management Information Circular (the Circular), dated April 2, 2025.
Neutral
Seeking Alpha
2 months ago
Precision Drilling Corporation (PDS) Q1 2025 Earnings Call Transcript
Precision Drilling Corporation (NYSE:PDS ) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Lavonne Zdunich - Vice President of Investor Relations Carey Ford - Chief Financial Officer Kevin Neveu - President, Chief Executive Officer & Director Conference Call Participants Aaron MacNeil - TD Cowen Keith MacKey - RBC Capital Markets Waqar Syed - ATB Capital Markets John Gibson - BMO Capital Markets John Daniel - Daniel Energy Partners Aaron Rosenthal - JPMorgan Operator Good day and thank you for standing by. Welcome to the Precision Drilling Corporation 2025 First Quarter Results Conference Call and Webcast.
Negative
Zacks Investment Research
2 months ago
Precision Drilling (PDS) Misses Q1 Earnings and Revenue Estimates
Precision Drilling (PDS) came out with quarterly earnings of $1.53 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.88 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Precision Drilling Announces 2025 First Quarter Unaudited Financial Results
CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on investments and other assets, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.
Negative
Zacks Investment Research
2 months ago
Earnings Preview: Precision Drilling (PDS) Q1 Earnings Expected to Decline
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.
Neutral
GlobeNewsWire
3 months ago
Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual and Special Meeting of Shareholders
CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) announces today the filing of its Management Information Circular (the Circular) issued in connection with the 2025 Annual and Special Meeting of Shareholders (the Annual Meeting). A copy of the Circular can be downloaded from the Company's SEDAR+ profile at www.sedarplus.ca and the Company's EDGAR profile at www.sec.gov. The Circular is also available on Precision's website at www.precisiondrilling.com.
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