PD.TO
Precision Drilling Corporation
TorontoCADEQUITY
Energy
DELAYED
Last price
126.10
▲ 3.21 (2.61%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
122.96
Prev close
122.89
Day high
127.58
Day low
121.96
Volume
167.16K
Market cap
$1.62B
P/E (TTM)
—
52W range
74.51 – 143.81
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
472.89K
Total on file
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
+7.50%
+8.9%
1M
+4.86%
+1.1%
3M
-5.85%
-9.0%
6M
+4.47%
-6.6%
YTD
+28.03%
+15.7%
1Y
+69.92%
+49.9%
3Y
+44.46%
-29.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$1.62B
Enterprise value$2.24B
Revenue (TTM)$1.92B
Gross profit$593.12M
EBITDA$451.66M
Net income$-32.76M
EPS (TTM)$-2.36
Free cash flow$139.09M
Total cash$66.29M
Total debt$697.02M
Book value / share$124.55
Shares outstanding12.85M
Float12.46M
Short % of float—
Dividend yield—
Beta (5Y)1.26
Short interest
Shares short
317.71K
Prior 298.69K
Change vs prior
+6.4%
Shorts adding
% of float
—
—
% of shares out
2.49%
Against total outstanding
Days to cover
3.7
Liquid
Float
12.46M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E—
Forward P/E10.25
PEG ratio33.42
Price / sales—
Price / book1.01
EV / revenue1.17
EV / EBITDA4.97
Gross margin30.90%
Operating margin3.17%
Profit margin-1.71%
Return on equity-1.92%
Return on assets2.97%
Debt / equity43.41
Current ratio1.46
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.84B | $1.90B | $1.94B | $1.62B | -3.1% |
| Operating revenue | $1.84B | $1.90B | $1.94B | $1.62B | -3.1% |
| Cost of revenue | $317.90M | $309.31M | $297.56M | $279.04M | +2.8% |
| Gross profit | $1.53B | $1.59B | $1.64B | $1.34B | -4.2% |
| Selling, general & admin | $114.44M | $132.42M | $122.19M | $180.99M | -13.6% |
| Total operating expense | $1.42B | $1.38B | $1.34B | $1.31B | +2.9% |
| Operating income | $104.63M | $211.91M | $303.97M | $32.57M | -50.6% |
| Net interest income | -$57.20M | -$69.75M | -$83.41M | -$87.81M | +18.0% |
| Pre-tax income | $55.92M | $154.56M | $265.78M | -$14.14M | -63.8% |
| Tax provision | $52.83M | $43.23M | -$23.46M | $20.15M | +22.2% |
| Net income | $1.84M | $111.19M | $289.24M | -$34.29M | -98.3% |
| Net income to common | $1.84M | $111.19M | $289.24M | -$34.29M | -98.3% |
| Basic EPS | 0.14 | 7.81 | 21.03 | -2.53 | -98.2% |
| Diluted EPS | 0.14 | 7.81 | 19.53 | -2.53 | -98.2% |
| EBIT | $111.71M | $222.82M | $346.84M | $70.82M | -49.9% |
| EBITDA | $111.71M | $532.14M | $644.40M | $349.85M | -79.0% |
| Basic shares | 13.33M | 14.23M | 13.75M | 13.55M | -6.3% |
| Diluted shares | 13.34M | 14.23M | 15.29M | 13.55M | -6.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $85.78M | $73.77M | $54.18M | $21.59M | — | +16.3% |
| Cash & short-term investments | $85.78M | $73.77M | $54.18M | $21.59M | — | +16.3% |
| Accounts receivable | $274.36M | $296.68M | $334.50M | $413.93M | — | -7.5% |
| Inventory | $48.99M | $43.30M | $35.27M | $35.16M | — | +13.1% |
| Total current assets | $486.92M | $501.28M | $510.88M | $470.67M | — | -2.9% |
| Property, plant & equipment | $2.22B | $2.42B | $2.40B | $2.36B | — | -8.5% |
| Goodwill & intangibles | $9.47M | $13.00M | $17.31M | $19.57M | — | -27.1% |
| Total assets | $2.73B | $2.96B | $3.02B | $2.88B | — | -7.8% |
| Total current liabilities | $300.10M | $338.69M | $374.01M | $422.33M | — | -11.4% |
| Current debt | — | — | $2.85M | $2.29M | $2.22M | — |
| Long-term debt | $679.29M | $812.47M | $914.83M | $1.09B | — | -16.4% |
| Total debt | $744.24M | $887.59M | $992.19M | $1.15B | — | -16.2% |
| Total liabilities | $1.14B | $1.27B | $1.44B | $1.65B | — | -10.7% |
| Retained earnings | -$898.99M | -$900.83M | -$1.01B | -$1.30B | — | +0.2% |
| Shareholder equity | $1.58B | $1.68B | $1.58B | $1.23B | — | -5.6% |
| Working capital | $186.81M | $162.59M | $136.87M | $48.34M | — | +14.9% |
| Net tangible assets | $1.57B | $1.66B | $1.56B | $1.21B | — | -5.4% |
| Shares issued | 12.93M | 13.78M | 14.34M | 13.56M | — | -6.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $3.09M | $111.33M | $289.24M | -$34.29M | -97.2% |
| Depreciation & amortisation | $317.90M | $309.31M | $297.56M | $279.04M | +2.8% |
| Stock-based compensation | $14.52M | $18.89M | $6.66M | $60.09M | -23.1% |
| Change in working capital | -$22.53M | $18.71M | -$32.84M | -$45.89M | -220.4% |
| Operating cash flow | $412.90M | $482.08M | $500.57M | $237.10M | -14.4% |
| Capital expenditure | -$263.50M | -$216.70M | -$226.75M | -$184.25M | -21.6% |
| Investing cash flow | -$208.32M | -$202.99M | -$214.78M | -$144.41M | -2.6% |
| Share buybacks | -$75.62M | -$75.49M | -$29.95M | -$10.01M | -0.2% |
| Financing cash flow | -$192.28M | -$261.38M | -$251.97M | -$113.17M | +26.4% |
| Free cash flow | $149.40M | $265.38M | $273.82M | $52.85M | -43.7% |
| End cash position | $85.78M | $73.77M | $54.18M | $21.59M | +16.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $452.80M | $526.05M | $478.51M | $462.25M | $406.62M | — | -13.9% |
| Operating revenue | $452.80M | $526.05M | $478.51M | $462.25M | $406.62M | — | -13.9% |
| Cost of revenue | $82.68M | $84.33M | $88.52M | $79.49M | $74.86M | — | -2.0% |
| Gross profit | $370.12M | $441.72M | $389.99M | $382.76M | $331.76M | — | -16.2% |
| Selling, general & admin | $26.45M | $41.74M | $29.11M | $30.79M | $24.77M | — | -36.6% |
| Total operating expense | $355.75M | $402.10M | $419.20M | $344.62M | $298.51M | — | -11.5% |
| Operating income | $14.38M | $39.62M | -$29.22M | $38.15M | $33.24M | — | -63.7% |
| Net interest income | -$12.30M | -$12.36M | -$12.83M | -$13.75M | -$14.86M | — | +0.4% |
| Pre-tax income | $3.14M | $27.06M | -$45.31M | $27.23M | $24.75M | — | -88.4% |
| Tax provision | $4.04M | $9.21M | -$3.44M | $33.70M | $8.27M | — | -56.2% |
| Net income | -$1.20M | $17.38M | -$42.17M | -$6.76M | $16.27M | — | -106.9% |
| Net income to common | -$1.20M | $17.38M | -$42.17M | -$6.76M | $16.27M | — | -106.9% |
| Basic EPS | -0.09 | 1.34 | -3.23 | — | 1.21 | 2.52 | -106.7% |
| Diluted EPS | -0.52 | 1.34 | -3.23 | — | 1.07 | 2.20 | -138.8% |
| EBIT | $15.44M | $39.54M | -$33.89M | $40.57M | $39.61M | — | -60.9% |
| EBITDA | $98.12M | $123.87M | -$33.89M | $40.57M | $114.47M | — | -20.8% |
| Basic shares | 12.93M | 12.93M | 13.05M | — | 13.40M | 13.68M | -0.0% |
| Diluted shares | 13.41M | 12.94M | 13.05M | — | 13.99M | 14.29M | +3.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $66.29M | $41.46M | $85.78M | $38.31M | $46.70M | — | +59.9% |
| Cash & short-term investments | $66.29M | $41.46M | $85.78M | $38.31M | $46.70M | — | +59.9% |
| Accounts receivable | $348.48M | $410.27M | $274.36M | $365.11M | $318.61M | — | -15.1% |
| Inventory | $54.70M | — | — | — | — | — | — |
| Total current assets | $469.47M | $505.03M | $486.92M | $449.68M | $411.03M | — | -7.0% |
| Property, plant & equipment | $2.23B | $2.22B | $2.22B | $2.33B | $2.31B | — | +0.6% |
| Goodwill & intangibles | $7.69M | $8.58M | $9.47M | $10.35M | $11.24M | — | -10.4% |
| Total assets | $2.73B | $2.75B | $2.73B | $2.80B | $2.74B | — | -0.8% |
| Total current liabilities | $322.56M | $296.93M | $300.10M | $284.69M | $407.35M | — | +8.6% |
| Current debt | — | — | — | — | $136.18M | $230.22M | — |
| Long-term debt | $626.33M | $663.86M | $679.29M | $687.73M | $546.43M | — | -5.7% |
| Total debt | $697.02M | $732.07M | $744.24M | $753.88M | $749.60M | — | -4.8% |
| Total liabilities | $1.12B | $1.12B | $1.14B | $1.13B | $1.08B | — | -0.3% |
| Retained earnings | -$875.18M | -$879.25M | -$898.99M | -$856.82M | -$850.06M | — | +0.5% |
| Shareholder equity | $1.60B | $1.62B | $1.58B | $1.66B | $1.66B | — | -1.1% |
| Working capital | $146.91M | $208.10M | $186.81M | $164.99M | $3.68M | — | -29.4% |
| Net tangible assets | $1.59B | $1.61B | $1.57B | $1.65B | $1.65B | — | -1.0% |
| Shares issued | 12.85M | 12.95M | 12.93M | 13.17M | 13.52M | — | -0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$893.00K | $17.84M | -$41.87M | -$6.47M | $16.49M | -105.0% |
| Depreciation & amortisation | $82.68M | $84.33M | $88.52M | $79.49M | $74.86M | -2.0% |
| Stock-based compensation | $2.54M | $9.26M | $2.52M | $5.61M | $3.37M | -72.6% |
| Change in working capital | $50.02M | -$48.24M | $1.36M | -$20.67M | $43.20M | +203.7% |
| Operating cash flow | $145.57M | $63.15M | $126.11M | $75.87M | $147.50M | +130.5% |
| Capital expenditure | -$76.36M | -$65.00M | -$81.43M | -$69.33M | -$52.77M | -17.5% |
| Investing cash flow | -$54.76M | -$74.70M | -$53.88M | -$61.19M | -$36.05M | +26.7% |
| Share buybacks | -$12.01M | -$4.01M | -$21.57M | -$8.80M | -$14.49M | -199.1% |
| Financing cash flow | -$66.41M | -$33.21M | -$24.88M | -$23.67M | -$92.27M | -100.0% |
| Free cash flow | $69.20M | -$1.85M | $44.68M | $6.54M | $94.72M | +3,848.9% |
| End cash position | $66.29M | $41.46M | $85.78M | $38.31M | $46.70M | +59.9% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.40 | -0.09 | -122.4% |
| Mar 2026 | 2.31 | 1.34 | -41.9% |
| Dec 2025 | 2.07 | 1.91 | -7.7% |
| Sep 2025 | 1.19 | -0.51 | -142.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 2.22 | 5 | $532.51M | +15.2% |
| Next quarter | 2.82 | 5 | $536.93M | +12.2% |
| Current year | 6.77 | 5 | $2.04B | +10.4% |
| Next year | 12.30 | 5 | $2.14B | +5.1% |
Analyst targets & ownership
Mean target$153.25
High target$170.00
Low target$116.00
Implied upside21.53%
Analyst count8
ConsensusBUY
Strong buy / Buy4 / 4
Hold2
Sell / Strong sell0 / 0
Held by insiders3.71%
Held by institutions77.52%
Institutions holding214
Price targets, consensus spread, insider and institutional ownership.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 23, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Mar 2, 26 | Freedom Broker | MAINTAINED | Buy | Buy |
| Feb 17, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Feb 13, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Dec 18, 25 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Oct 29, 25 | Freedom Broker | MAINTAINED | Buy | Buy |
| Oct 28, 25 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Oct 24, 25 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Oct 9, 25 | Freedom Broker | INITIATED | — | Buy |
| Aug 14, 25 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Jul 31, 25 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Jul 15, 25 | Piper Sandler | INITIATED | — | Overweight |
Moving averages & technicals
SMA 10
119.47
+5.55% from price
SMA 20
114.12
+10.50% from price
SMA 50
115.67
+9.02% from price
SMA 100
122.03
+3.34% from price
SMA 200
114.03
+10.59% from price
EMA 12
119.00
+5.97% from price
EMA 26
116.68
+8.07% from price
EMA 50
117.32
+7.49% from price
RSI (14)
64.6
Neutral
MACD (12,26,9)
2.31
Hist 1.80
ATR (14)
3.94
3.12% of price
Realised vol 30D
44.9%
Annualised
Bollinger upper
127.92
20, 2σ
Bollinger lower
100.31
20, 2σ
50 / 200 cross
Golden
115.67 vs 114.03
Trend bias
Above 200
+10.59%
Risk profile
Beta vs SPY
-0.06
Less volatile than market
Correlation to SPY
-0.02
Largely independent
Realised vol 30D
44.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-27.0%
Peak to trough
Max drawdown 5Y
-52.7%
Peak to trough
ATR 14
3.94
3.12% of price
Beta (reported)
1.26
5Y monthly, from filing
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateNov 4, 2015
Next pay dateNov 18, 2015
Last split1:20
Split dateNov 12, 2020
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.