Precision Drilling Corporation (PDS) & Its Competitors Critical Survey
Precision Drilling Corporation (NYSE: PDS) is one of 18 publicly-traded companies in the “Oil & Gas Drilling” industry, but how does it weigh in compared to its rivals? We will compare Precision Drilling Corporation to similar businesses based on the strength of its valuation, dividends, risk, profitability, analyst recommendations, institutional ownership and earnings.
Valuation and Earnings
This table compares Precision Drilling Corporation and its rivals revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Precision Drilling Corporation||$910.75 million||$202.95 million||-7.40|
|Precision Drilling Corporation Competitors||$1.42 billion||$540.19 million||-6.92|
Precision Drilling Corporation’s rivals have higher revenue and earnings than Precision Drilling Corporation. Precision Drilling Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
61.4% of Precision Drilling Corporation shares are held by institutional investors. Comparatively, 74.9% of shares of all “Oil & Gas Drilling” companies are held by institutional investors. 1.0% of Precision Drilling Corporation shares are held by company insiders. Comparatively, 2.2% of shares of all “Oil & Gas Drilling” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
This is a summary of current ratings and target prices for Precision Drilling Corporation and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Precision Drilling Corporation||0||7||7||1||2.60|
|Precision Drilling Corporation Competitors||489||1503||1224||57||2.26|
Precision Drilling Corporation presently has a consensus target price of $5.58, suggesting a potential upside of 115.44%. As a group, “Oil & Gas Drilling” companies have a potential upside of 20.65%. Given Precision Drilling Corporation’s stronger consensus rating and higher possible upside, analysts clearly believe Precision Drilling Corporation is more favorable than its rivals.
Risk & Volatility
Precision Drilling Corporation has a beta of 1.8, suggesting that its stock price is 80% more volatile than the S&P 500. Comparatively, Precision Drilling Corporation’s rivals have a beta of 1.89, suggesting that their average stock price is 89% more volatile than the S&P 500.
This table compares Precision Drilling Corporation and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Precision Drilling Corporation||-12.38%||-7.10%||-3.22%|
|Precision Drilling Corporation Competitors||-18.41%||-8.37%||-2.62%|
Precision Drilling Corporation Company Profile
Precision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.
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