Precision Drilling (NYSE: PDS)
Precision Drilling Return vs. S&P
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Precision Drilling Company Info
Precision Drilling Corp. engages in the provision of onshore drilling, completion, and production services to the oil and natural gas industry. It operates through the following business segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes rig and directional drilling, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental, and camp and catering services. The company was founded in 1951 and is headquartered in Calgary, Canada.
News & Analysis
Why Precision Drilling Stock Crushed the Market in 2021
Shares of this Canadian provider of oil and gas drilling equipment posted a dizzying return of 114% last year.
This Cheap Oil Stock Generated Its First Profit in Years. Time to Buy?
Canadian company Precision Drilling was able to squeeze out a profit this past quarter, and it's looking to build on that success in 2019.
Shares of Precision Drilling Surge on Earnings Beat
The company's better-than-expected result and debt-reduction progress have Wall Street cheering today.
Here's Why Shares of Precision Drilling Are Up 14% Today
Management appears to be getting serious about debt reduction.
This Oil Services Company Makes a Daring Bet on the Future of Shale
Precision Drilling thinks that North American shale drilling will continue to be in growth mode for years, and it's making an audacious acquisition to prove it.
Precision Drilling's Improving Operations Aren't Showing Up in Its Earnings Yet
Active rig counts and margins for certain regions are up, but the company is still posting losses.
Precision Drilling Continues to Post Losses Despite Strong North American Market
The turnaround for land rig companies is taking much longer than originally anticipated.
Here’s Why Precision Drilling Corp’s Stock Continued Soaring Today
The market continues to cheer the drilling contractor’s third-quarter results.
Valuation
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