PDS
Precision Drilling Corporation
PDS lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
PDS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Stable | |
| Healthy |
PDS's revenue and balance sheet are currently healthy, and its cash flow is stable, but its profitability is under pressure.
PDS PE Valuation
PDS has no meaningful PE right now: it lost money over the past year.
PDS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for PDS, with profitability improving. However, they disagree widely on these estimates.
PDS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.25 | -109% |
| Q2 2026 | -$1.72 | -137% |
| Q1 2026 | -$0.90 | -118% |
| Q4 2025 | -$0.30 | -106% |
| Q3 2025 | $2.71 | -76% |
| Q2 2025 | $4.67 | -56% |
| Q1 2025 | $4.93 | -55% |
| Q4 2024 | $5.16 | -60% |
PDS has swung to a loss: it lost $0.25 per share over the past year, after a profit the year before.
PDS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $364M | +12% |
| Q2 2026 | $318.3M | +11% |
| Q1 2026 | $369.8M | +6% |
| Q4 2025 | $336.4M | +2.2% |
| Q3 2025 | $325M | -3.1% |
| Q2 2025 | $285.9M | -5.3% |
| Q1 2025 | $348.9M | -6% |
| Q4 2024 | $329.1M | -7.6% |
PDS's revenue has grown year over year for four quarters in a row: $364M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | -17 points |
| Q2 2026 | 3.2% | -5 points |
| Q1 2026 | 7.5% | -5 points |
| Q4 2025 | -6.1% | -14 points |
| Q3 2025 | 25% | +11 points |
| Q2 2025 | 8.2% | -1.4 points |
| Q1 2025 | 13% | +0.3 points |
| Q4 2024 | 8.2% | -4.2 points |
PDS's operating margin was 8% last quarter, down 17 points from the same quarter a year ago.
PDS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$8M | -274% |
| Q2 2026 | $48.7M | -27% |
| Q1 2026 | -$1.3M | -154% |
| Q4 2025 | $31.4M | -57% |
| Q3 2025 | $4.6M | -59% |
| Q2 2025 | $66.6M | -30% |
| Q1 2025 | $2.4M | -66% |
| Q4 2024 | $73M | +7.4% |
PDS usually generates cash, though not every quarter: the latest was −$8M, but it generated $71M over the past year.
PDS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.4% | -727K shares |
| 1 year | -9.3% | -1.3M shares |
| 3 years | -6.8% | -924K shares |
| 5 years | -4.6% | -618K shares |
| Available history | -10% | -1.5M shares |
PDS has 13M diluted shares, down 9.3% from a year ago, with $47M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $20.9M |
| Q2 2026 | $8.4M |
| Q1 2026 | $2.8M |
| Q4 2025 | $15.1M |
| Q3 2025 | $6.2M |
| Q2 2025 | $10.2M |
| Q1 2025 | $21.6M |
| Q4 2024 | $17.6M |
PDS spent $47M buying back its own shares over the past year, down 15% from the year before.
PDS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 1.6x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.6x | Healthy |
| Q4 2024 | 1.5x | Healthy |
PDS's net debt is about 1.7 years of its operating earnings (EBITDA), up from 1.4 years a year ago.
PDS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.8 | Neutral |
| Stochastic | 61.0 | Neutral |
PDS's weekly RSI is 56 (neutral) and its Stochastic is 61 (neutral).
PDS PE vs Energy Sector
| Metric | PDS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
PDS has no meaningful PE right now: it lost money over the past year.
PDS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $90.5 | 5.5% above |
| 20 week MA | $86.8 | 10% above |
| 50 week MA | $86.0 | 11% above |
| 100 week MA | $69.4 | 38% above |
| 200 week MA | $65.5 | 46% above |
PDS is in an uptrend: it's above all five of its weekly moving averages, and 46% above its 200-week average.
PDS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.2 | $15.8 | -44% |
| 2021 | $15.8 | $34.7 | +120% |
| 2022 | $34.7 | $77.4 | +123% |
| 2023 | $77.4 | $54.3 | -30% |
| 2024 | $54.3 | $57.7 | +6.3% |
| 2025 | $57.7 | $69.3 | +20% |
| 2026 YTD | $69.3 | $95.5 | +38% |
PDS's yearly returns have swung widely, from +123% in 2022 to −44% in 2020. It's up 38% so far in 2026.