Precision Drilling Corporation Stock News

Precision Drilling Corp Brands, Inc. (PDS) CEO Kevin Neveu on Q4 2021 Results - Earnings Call Transcript

Canada''s largest drilling rig contractor says higher oil and gas prices are boosting business and increasing revenue by 46 per cent year over year for the quarter.

Precision Drilling press release (PDS): Q4 GAAP EPS of -C$2.05.Revenue of C$295.2M (+46.4% Y/Y) beats by C$10.12M.Generated cash and funds provided by operations of C$60 million and

CALGARY, Alberta, Feb. 10, 2022 (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 Adjusted EBITDA (earnings before income taxes, loss (gain) on repurchase of unsecured senior notes, loss (gain) on investments and other assets, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Covenant EBITDA, Operating Earnings (Loss), Funds Provided by (Used in) Operations and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures used by other companies, see Non-GAAP Measures later in this news release.

Precision Drilling (PDS) delivered earnings and revenue surprises of -27.34% and 4.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Precision Drilling (NYSE:PDS) is scheduled to announce Q4 earnings results on Thursday, February 10th, before market open.The consensus EPS Estimate is -$1.55 (+43.4% Y/Y) and the…

CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2021 fourth quarter results before the market opens on Thursday, February 10

Precision Drilling (PDS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price in

Precision Drilling Corp (PDS) shares closed today 11.0% higher than it did at the end of yesterday. The stock is currently up 26.6% year-to-date, up 94.2% over the past 12 months, and down 58.7% over the past five years. Today, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 rose 0.0%. Trading Activity Shares traded as high as $44.89 and as low as $39.00 this week.Shares closed 11.0% below its 52-week high and 133.4% above its 52-week low.Trading volume this week was 68.9% lower than the 10-day average and 63.0% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -13.3% The company's stock price performance over the past 12 months beats the peer average by 79.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Precision Drilling Corp (PDS) shares closed today 11.0% higher than it did at the end of yesterday. The stock is currently up 26.6% year-to-date, up 79.9% over the past 12 months, and down 58.7% over the past five years. Today, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 rose 0.0%. Trading Activity Shares traded as high as $44.89 and as low as $39.00 this week.Shares closed 11.0% below its 52-week high and 133.4% above its 52-week low.Trading volume this week was 70.3% lower than the 10-day average and 63.7% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 8.0% higher than its 5-day moving average, 21.0% higher than its 20-day moving average, and 16.3% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -13.3% The company's stock price performance over the past 12 months beats the peer average by 77.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Precision Drilling (PDS) says its debt reduction plans will continue with the goal of repaying more than $400M in debt over the next four years and reaching a sustained net debt to

CALGARY, Alberta, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) provides a series of announcements including: 1) An introduction to its capital allocation framework through 2025; 2) 2021 debt reduction and year-end liquidity updates; and 3) Operations update for drilling activity, Alpha technologies and EverGreen solutions.

Precision is currently sitting on the 200-day moving average after falling 30% since mid-October. Precision is cleaning up its balance sheet and will be in a very good spot if we continue to see highe

Piper Sandler upgraded shares of Precision Drilling (NYSE:PDS) (TSE:PD) from a neutral rating to an overweight rating in a report published on Tuesday morning, Analyst Ratings Network reports. The firm currently has $57.00 price objective on the oil and gas companys stock, up from their previous price objective of $55.00. Piper Sandler also issued estimates [] The post Precision Drilling (NYSE:PDS) Upgraded by Piper Sandler to Overweight appeared first on ETF Daily News .

Precision Drilling Co. (TSE:PD) (NYSE:PDS) Equities researchers at Piper Sandler cut their FY2021 earnings per share (EPS) estimates for Precision Drilling in a report issued on Monday, December 20th. Piper Sandler analyst I. Macpherson now forecasts that the company will post earnings of ($12.51) per share for the year, down from their prior forecast [] The post Piper Sandler Weighs in on Precision Drilling Co.s FY2021 Earnings (TSE:PD) appeared first on ETF Daily News .