Precision Drilling Corporation (T:PD)
Business Focus: Oil & Gas Drilling (NEC)
| This company is also listed in the United States as PDS. Click here to get the live US quote and see if there are any SEC insider filings.. |
| Sector: Energy | Industry: Oil & Gas Drilling |
| Company Contact | |
| Address: | 150 - 6Th Avenue S.W., Suite 4200 CALGARY AB T2P 3Y7 |
| Tel: | N/A |
| Website: | https://www.precisiondrilling.com |
| IR: | See website |
| Key People | ||
| Kevin A. Neveu President, Chief Executive Officer, Director | Carey T. Ford Chief Financial Officer, Senior Vice President | Gene C. Stahl President, North American Drilling |
| Shuja Goraya Chief Technology Officer | Darren J. Ruhr Chief Administrative Officer | Veronica H. Foley Chief Legal and Compliance Officer |
| Business Overview |
| Precision Drilling Inc is a Canada-based drilling company. The Company is engaged in the exploration and production of oil and natural gas. Its services include North American drilling, international drilling, oilfield equipment rentals, camp & catering services. The Company technology includes AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Precision Drilling Corp revenues increased 20% to C$1.94B. Net income totaled C$289.2M vs. loss of C$34.3M. Revenues reflect Contract Drilling Services segment increase of 19% to C$1.7B, Completion & Production Services segment increase of 29% to C$240.7M. Net Income reflects General and administrative decrease of 32% to C$122.2M (expense), Long-term debt decrease of 6% to C$76.6M (expense). |
| Employees: | 5,560 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2,302M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,938M as of Dec 31, 2023 |
| EBITDA (TTM): | $611.12M as of Dec 31, 2023 |
| Net annual income (TTM): | $289.24M as of Dec 31, 2023 |
| Free cash flow (TTM): | $273.82M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $938.01M as of Dec 31, 2023 |
| Shares outstanding: | 14,336,539 as of Mar 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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