Precision Drilling Corporation (PDS)Energy | Oil & Gas Drilling | Calgary, Canada | NYSE
85.61 USD
+2.07
(2.478%)
⇧
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 85.15 -0.46 (-0.458%) ⇩ (Oct. 16, 2026, 5:12 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 4:53 a.m. EDT
The investment case here is fractured by a severe disconnect between current reality and speculative hopes. Fundamentally, the business is in distress: it is posting losses, has negative equity returns, and the stock has suffered a catastrophic 45% decline over the last nine years. The recent price action confirms this weakness, with the stock trading below its 50-day and 200-day averages and failing to generate momentum despite a recent uptick. While the options chain shows aggressive betting on a massive rally by early 2027, this appears to be a 'lottery ticket' trade rather than a conviction based on improved fundamentals. The statistical forecast model also leans slightly negative for the next 45 days, adding weight to the bearish technicals. Without a clear turnaround in profitability or a resolution to the multi-year downtrend, the risk-reward profile remains skewed against the buyer. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.076306 |
| AutoARIMA | 0.086948 |
| AutoETS | 0.090359 |
| MSTL | 0.090812 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 1.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.212 |
| Excess Kurtosis | -1.02 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2015-11-03 |
| Last Dividend Date | 2015-11-03 |
| Debt to Equity Ratio | 43.413 |
| Revenue per Share | 147.345 |
| Market Cap | 1,077,613,312 |
| Forward P/E | 10.02 |
| Beta | 1.45 |
| Profit Margins | -1.71% |
| Website | https://www.precisiondrilling.com |
As of Oct. 10, 2026, 4:53 a.m. EDT: Speculators are overwhelmingly bullish on the longer horizon, with massive open interest in out-of-the-money calls expiring March 2027, suggesting a belief in a significant recovery. However, this optimism is tempered by heavy put positioning in the near term (October and December 2026), indicating a fear of further downside or a lack of confidence in an immediate bounce. Implied volatility is elevated relative to deep OTM strikes, reflecting uncertainty.
| Date | Dividend | Yield % |
|---|---|---|
| 2015-11-04 | 1.080000 | 1.285714 |
| 2015-08-06 | 1.060000 | 0.986965 |
| 2015-05-13 | 1.160000 | 0.822695 |
| 2015-02-25 | 1.120000 | 0.893142 |
| 2014-11-12 | 1.240000 | 0.779874 |
| 2014-08-06 | 1.100000 | 0.455675 |
| 2014-05-12 | 1.100000 | 0.435816 |
| 2014-02-25 | 1.080000 | 0.495413 |
| 2013-10-31 | 1.140000 | 0.538244 |
| 2013-08-02 | 0.960000 | 0.456274 |
| 2013-05-02 | 1.000000 | 0.626566 |
| 2013-02-26 | 0.980000 | 0.596833 |
| 2012-12-18 | 1.020000 | 0.615199 |
| 2009-01-28 | 0.660000 | 0.611111 |
| 2008-12-29 | 2.140000 | 1.224256 |
| 2008-11-25 | 2.095626 | 1.211765 |
| 2008-10-29 | 2.054934 | 0.963741 |
| 2008-09-26 | 2.543235 | 0.743605 |
| 2008-08-27 | 2.502543 | 0.566820 |
| 2008-07-29 | 2.583927 | 0.599057 |
| 2008-06-26 | 2.604273 | 0.480661 |
| 2008-05-28 | 2.665310 | 0.495461 |
| 2008-04-28 | 2.604273 | 0.502158 |
| 2008-03-27 | 2.604273 | 0.556764 |
| 2008-02-27 | 2.604273 | 0.575281 |
| 2008-01-29 | 2.624619 | 0.759270 |
| 2007-12-27 | 10.762970 | 3.466579 |
| 2007-11-28 | 2.665310 | 0.824418 |
| 2007-10-29 | 2.746694 | 0.724638 |
| 2007-09-26 | 2.644964 | 0.661914 |
| 2007-08-29 | 2.522889 | 0.641490 |
| 2007-07-27 | 2.522889 | 0.579710 |
| 2007-06-27 | 2.482197 | 0.486249 |
| 2007-05-29 | 2.421160 | 0.460170 |
| 2007-04-26 | 3.438454 | 0.682002 |
| 2007-03-28 | 3.336724 | 0.698169 |
| 2007-02-26 | 3.438454 | 0.706522 |
| 2007-01-29 | 3.438454 | 0.753455 |
| 2006-12-27 | 9.155646 | 1.907588 |
| 2006-11-28 | 5.615463 | 1.121495 |
| 2006-10-27 | 5.615463 | 0.952710 |
| 2006-09-27 | 5.635809 | 0.871617 |
| 2006-08-29 | 5.676501 | 0.753240 |
| 2006-07-27 | 5.615463 | 0.810335 |
| 2006-06-28 | 5.615463 | 0.864120 |
| 2006-05-26 | 5.615463 | 0.806546 |
| 2006-04-26 | 4.821974 | 0.646481 |
| 2006-03-29 | 4.699898 | 0.710988 |
| 2006-02-24 | 4.760936 | 0.738403 |
| 2006-01-27 | 4.760936 | 0.698507 |
| 2005-12-28 | 5.940997 | 0.890515 |
| 2005-11-28 | 4.618515 | 0.732258 |
| 2005-11-07 | 397.151580 | 69.121816 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.54132843 |
| Address1 | 525–8th Avenue, S.W. |
| Address2 | Suite 800 |
| All Time High | 1,052.289 |
| All Time Low | 5.4 |
| Ask | 85.65 |
| Ask Size | 500 |
| Audit Risk | 1 |
| Average Analyst Rating | 1.8 - Buy |
| Average Daily Volume10 Day | 94,180 |
| Average Daily Volume3 Month | 108,096 |
| Average Volume | 108,096 |
| Average Volume10Days | 94,180 |
| Beta | 1.447 |
| Bid | 85.3 |
| Bid Size | 200 |
| Board Risk | 3 |
| Book Value | 87.74071 |
| City | Calgary |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 85.61 |
| Current Ratio | 1.455 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 85.72 |
| Day Low | 84.27 |
| Debt To Equity | 43.413 |
| Display Name | Precision Drilling |
| Dividend Date | 1,605,139,200 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,217,600 |
| Earnings Call Timestamp Start | 1,793,217,600 |
| Earnings Timestamp | 1,793,131,200 |
| Earnings Timestamp End | 1,793,131,200 |
| Earnings Timestamp Start | 1,793,131,200 |
| Ebitda | 451,664,992 |
| Ebitda Margins | 0.23528999 |
| Enterprise To Ebitda | 3.823 |
| Enterprise To Revenue | 0.9 |
| Enterprise Value | 1,726,796,288 |
| Eps Current Year | 6.58817 |
| Eps Forward | 8.541653 |
| Eps Trailing Twelve Months | -1.74 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,446,595,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 85.996 |
| Fifty Day Average Change | -0.3860016 |
| Fifty Day Average Change Percent | -0.004488599 |
| Fifty Two Week Change Percent | 54.132843 |
| Fifty Two Week High | 103.8 |
| Fifty Two Week High Change | -18.190002 |
| Fifty Two Week High Change Percent | -0.17524086 |
| Fifty Two Week Low | 53.68 |
| Fifty Two Week Low Change | 31.93 |
| Fifty Two Week Low Change Percent | 0.59482116 |
| Fifty Two Week Range | 53.68 - 103.8 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 848,068,200,000 |
| Five Year Avg Dividend Yield | 2.16 |
| Float Shares | 12,457,623 |
| Forward Eps | 8.541653 |
| Forward P E | 10.022651 |
| Free Cashflow | 139,094,880 |
| Full Exchange Name | NYSE |
| Full Time Employees | 5,245 |
| Fullday Change | 1.6124344 |
| Fullday Change Percent | 1.9301345 |
| Fullday Price | 85.152435 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.30898002 |
| Gross Profits | 593,121,024 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03715 |
| Held Percent Institutions | 0.79280996 |
| Implied Shares Outstanding | 12,587,470 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Ir Website | http://www.precisiondrilling.com/InvestorCentre/InvestorCentreOverview.cfm |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,446,595,200 |
| Last Dividend Value | 1.08 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,605,139,200 |
| Last Split Factor | 1:20 |
| Long Business Summary | Precision Drilling Corporation, a drilling company, provides onshore drilling 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, including turnkey drilling contracts; and procurement and distribution of oilfield supplies, as well as manufacture, sale, and repair of drilling and service rig equipment. In addition, the company offers automation solutions for drilling operations comprising AlphaAutomation, AlphaTM, AlphaApps, AlphaAnalytics, and AlphaARMS; and EverGreen suite of environmental solutions. The Completion and Production Services segment provide 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 services. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada. |
| Long Name | Precision Drilling Corporation |
| Market | us_market |
| Market Cap | 1,077,613,312 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_355859 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -32,755,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,051,294,584 |
| Number Of Analyst Opinions | 3 |
| Open | 84.71 |
| Operating Cashflow | 410,705,984 |
| Operating Margins | 0.03175 |
| Overall Risk | 1 |
| Payout Ratio | 0.0 |
| Peg Ratio | 33.32 |
| Phone | 403 716 4500 |
| Post Market Change | -0.4575653 |
| Post Market Change Percent | -0.53447646 |
| Post Market Price | 85.152435 |
| Post Market Time | 1,792,185,164 |
| Previous Close | 83.54 |
| Price Eps Current Year | 12.994504 |
| Price Hint | 2 |
| Price To Book | 0.9757159 |
| Price To Sales Trailing12 Months | 0.56137127 |
| Profit Margins | -0.01706 |
| Quick Ratio | 1.286 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.8 |
| Region | US |
| Regular Market Change | 2.07 |
| Regular Market Change Percent | 2.47785 |
| Regular Market Day High | 85.72 |
| Regular Market Day Low | 84.27 |
| Regular Market Day Range | 84.27 - 85.72 |
| Regular Market Open | 84.71 |
| Regular Market Previous Close | 83.54 |
| Regular Market Price | 85.61 |
| Regular Market Time | 1,792,180,802 |
| Regular Market Volume | 59,965 |
| Return On Assets | 0.02971 |
| Return On Equity | -0.01919 |
| Revenue Growth | 0.114 |
| Revenue Per Share | 147.345 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 2 |
| Shares Outstanding | 12,587,470 |
| Shares Percent Shares Out | 0.0572 |
| Shares Short | 719,601 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 823,633 |
| Short Name | Precision Drilling Corporation |
| Short Ratio | 7.59 |
| Source Interval | 15 |
| State | AB |
| Symbol | PDS |
| Target High Price | 115.6193 |
| Target Low Price | 84.88364 |
| Target Mean Price | 101.525314 |
| Target Median Price | 104.073006 |
| Total Cash | 66,292,000 |
| Total Cash Per Share | 5.201 |
| Total Debt | 697,024,000 |
| Total Revenue | 1,919,608,960 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.74 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 86.6489 |
| Two Hundred Day Average Change | -1.0389023 |
| Two Hundred Day Average Change Percent | -0.011989792 |
| Type Disp | Equity |
| Volume | 59,965 |
| Website | https://www.precisiondrilling.com |
| Zip | T2P 1G1 |