Precision Drilling Corp (USA) (PD:PDS)

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
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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 three months ended 31 March 2024, Precision Drilling Corp (USA) revenues decreased 6% to C$527.8M. Net income decreased 62% to C$36.5M. Revenues reflect Contract Drilling Services segment decrease of 9% to C$443.4M. Net income also reflects General and administrative increase from C$15.5M to C$45.1M (expense), Depreciation and amortization increase of 9% to C$78.2M (expense).
Employees: 5,560 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $1,738M as of Mar 31, 2024
Annual revenue (TTM): $1,394M as of Mar 31, 2024
EBITDA (TTM): $402.70M as of Mar 31, 2024
Net annual income (TTM): $168.03M as of Mar 31, 2024
Free cash flow (TTM): $223.82M as of Mar 31, 2024
Net Debt Last Fiscal Year: $718.64M as of Mar 31, 2024
Shares outstanding: 14,478,582 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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