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.
Research context
Precision Drilling Corporation appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Drilling
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5 years, 6 months ago
Precision Drilling Corporation is currently in a long term uptrend where the price is trading 68.2% above its 200 day moving average.
From a valuation standpoint, the stock is 95.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.4.
Precision Drilling Corporation's total revenue sank by 45.8% to $202M since the same quarter in the previous year.
Its net income has dropped by 3436.1% to $-38M since the same quarter in the previous year.
Finally, its free cash flow fell by 134.2% to $-18M since the same quarter in the previous year.
Based on the above factors, Precision Drilling Corporation gets an overall score of 2/5.