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Precision Drilling Corporation

PDSEnergyNASDAQ

Oil & Gas Drilling · Last scanned May 30, 2026

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Financials · Annual
Revenue
$1.84B
-3.1% YoY
Net Income
$1.8M
-98.3% YoY
EBITDA
$429.6M
-19.3% YoY
Free Cash Flow
$150.8M

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About Precision Drilling Corporation

Precision Drilling Corporation, a drilling company, provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries in the United. With a market capitalization of $1.16B, it sits in small-cap territory. It operates through Contract Drilling Services; and Completion and Production Services segments.

Key stats
Market Cap$1.16B
Fwd P/E10.39
EPS$-0.75
Beta1.36
52W Change+102.5%
ROE-0.8%
Analysis

On the balance sheet, PDS has $41.5M in cash with $732.1M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $150.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of -0.8% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.3% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $1.62B to $1.84B.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Precision Drilling Corporation's trajectory.

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