TSX

Precision Drilling Corporation

PD.TO•Energy•Oil & Gas Drilling
Current Price
$134.58
Today's Change
+5.90%
Market Cap
$1.60B
Volume
25.76K
🛢️

Commodity Exposure

Crude Oil

Current Price
$102.30/barrel
+2.85% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Precision Drilling Corporation provides onshore drilling, completion, and production services to oil and gas exploration companies. The company shows strengths in liquidity with a current ratio of 1.46 and a manageable debt-to-equity ratio of 0.44, indicating financial stability. However, concerns arise from its low gross margin of 9.0% and negative net margin of -0.3%, suggesting profitability challenges. The EBITDA margin of 21.4% is relatively strong, but the overall financial health score of 48/100 raises questions about long-term viability.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$143.81
52 Week Low$76.86
Avg Volume71.08K
Beta1.29
Shares Outstanding12.59M

🔥 Valuation

Market Cap$1.60B
Enterprise Value$2.28B
P/E Ratio-104.73
EV/EBITDA ⚠️3.50x
Dividend Yield0.00%

Loading financial metrics...

🚩 Red Flags

🟠

Margin Compression

Gross profit margin declined from 66.5% to 17.6% year-over-year, suggesting pricing pressure or rising input costs are squeezing profitability.

🟠

High Debt Load

Debt of $697.0M is 10.5x the company's cash position of $66.3M.

🟡

Turned Unprofitable

Company went from $104.8M profit to $-32.8M loss compared to last year.

🌟 Opportunities

🚀

Excellent operating cash flow margin of 21.4% indicates high-quality earnings.

💪

Strong free cash flow margin of 21.4% provides substantial resources for dividends, buybacks, or reinvestment.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Oil & Gas Drilling companies of a similar size