Precision Drilling Stock Net Income
| PD Stock | CAD 118.86 1.06 0.88% |
As of the 25th of February, Precision Drilling holds the Semi Deviation of 1.51, coefficient of variation of 328.27, and Risk Adjusted Performance of 0.2409. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Precision Drilling, as well as the relationship between them.
Precision Drilling Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.9581 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 1.8 M | 1.7 M | |
| Net Income From Continuing Ops | 128 M | 134.4 M | |
| Net Income Applicable To Common Shares | 127.9 M | 134.3 M | |
| Net Income Per Share | 0.14 | 0.13 | |
| Net Income Per E B T | 0.03 | 0.03 |
Precision | Net Income |
Evaluating Precision Drilling's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Precision Drilling's fundamental strength.
Latest Precision Drilling's Net Income Growth Pattern
Below is the plot of the Net Income of Precision Drilling over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Precision Drilling financial statement analysis. It represents the amount of money remaining after all of Precision Drilling operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Precision Drilling's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.84 M | 10 Years Trend |
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Net Income |
| Timeline |
Precision Net Income Regression Statistics
| Arithmetic Mean | (22,278,006) | |
| Coefficient Of Variation | (771.90) | |
| Mean Deviation | 131,902,113 | |
| Median | 1,842,000 | |
| Standard Deviation | 171,964,355 | |
| Sample Variance | 29571.7T | |
| Range | 652.7M | |
| R-Value | (0.01) | |
| Mean Square Error | 31540.6T | |
| R-Squared | 0.000083 | |
| Significance | 0.97 | |
| Slope | (311,049) | |
| Total Sum of Squares | 473147.8T |
Precision Net Income History
Precision Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Precision Drilling is extremely important. It helps to project a fair market value of Precision Stock properly, considering its historical fundamentals such as Net Income. Since Precision Drilling's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Precision Drilling's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Precision Drilling's interrelated accounts and indicators.
Click cells to compare fundamentals
Precision Drilling 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Precision Drilling's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Precision Drilling.
| 11/27/2025 |
| 02/25/2026 |
If you would invest 0.00 in Precision Drilling on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Precision Drilling or generate 0.0% return on investment in Precision Drilling over 90 days. Precision Drilling is related to or competes with Trican Well, Pason Systems, Cardinal Energy, Kelt Exploration, Meren Energy, Spartan Delta, and Ensign Energy. Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services... More
Precision Drilling Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Precision Drilling's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Precision Drilling upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.2507 | |||
| Maximum Drawdown | 12.49 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.71 |
Precision Drilling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precision Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precision Drilling's standard deviation. In reality, there are many statistical measures that can use Precision Drilling historical prices to predict the future Precision Drilling's volatility.| Risk Adjusted Performance | 0.2409 | |||
| Jensen Alpha | 0.5376 | |||
| Total Risk Alpha | 0.346 | |||
| Sortino Ratio | 0.2568 | |||
| Treynor Ratio | 0.8811 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Precision Drilling's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Precision Drilling February 25, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2409 | |||
| Market Risk Adjusted Performance | 0.8911 | |||
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 1.97 | |||
| Coefficient Of Variation | 328.27 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.08 | |||
| Information Ratio | 0.2507 | |||
| Jensen Alpha | 0.5376 | |||
| Total Risk Alpha | 0.346 | |||
| Sortino Ratio | 0.2568 | |||
| Treynor Ratio | 0.8811 | |||
| Maximum Drawdown | 12.49 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.71 | |||
| Downside Variance | 3.89 | |||
| Semi Variance | 2.29 | |||
| Expected Short fall | (1.78) | |||
| Skewness | (0.67) | |||
| Kurtosis | 3.43 |
Precision Drilling Backtested Returns
Precision Drilling appears to be very steady, given 3 months investment horizon. Precision Drilling maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the firm had a 0.28 % return per unit of risk over the last 3 months. By analyzing Precision Drilling's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please evaluate Precision Drilling's Risk Adjusted Performance of 0.2409, semi deviation of 1.51, and Coefficient Of Variation of 328.27 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Precision Drilling holds a performance score of 22. The company holds a Beta of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Precision Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Precision Drilling is expected to be smaller as well. Please check Precision Drilling's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Precision Drilling's historical price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
Precision Drilling has good predictability. Overlapping area represents the amount of predictability between Precision Drilling time series from 27th of November 2025 to 11th of January 2026 and 11th of January 2026 to 25th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Precision Drilling price movement. The serial correlation of 0.74 indicates that around 74.0% of current Precision Drilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 53.78 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Precision Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Precision Drilling reported net income of 1.84 M. This is 99.92% lower than that of the Energy Equipment & Services sector and 100.46% lower than that of the Energy industry. The net income for all Canada stocks is 99.68% higher than that of the company.
Precision Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Precision Drilling's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Precision Drilling could also be used in its relative valuation, which is a method of valuing Precision Drilling by comparing valuation metrics of similar companies.Precision Drilling is currently under evaluation in net income category among its peers.
Precision Fundamentals
| Return On Equity | 0.0019 | ||||
| Return On Asset | 0.0378 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 1.77 B | ||||
| Shares Outstanding | 12.93 M | ||||
| Shares Owned By Insiders | 2.77 % | ||||
| Shares Owned By Institutions | 64.03 % | ||||
| Number Of Shares Shorted | 368.41 K | ||||
| Price To Earning | (7.36) X | ||||
| Price To Book | 0.64 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 1.84 B | ||||
| Gross Profit | 604.05 M | ||||
| EBITDA | 489.62 M | ||||
| Net Income | 1.84 M | ||||
| Cash And Equivalents | 80.58 M | ||||
| Cash Per Share | 0.27 X | ||||
| Total Debt | 791.41 M | ||||
| Debt To Equity | 102.00 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 122.49 X | ||||
| Cash Flow From Operations | 412.18 M | ||||
| Short Ratio | 3.68 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Price To Earnings To Growth | 0.33 X | ||||
| Target Price | 136.25 | ||||
| Number Of Employees | 5.5 K | ||||
| Beta | 1.58 | ||||
| Market Capitalization | 1.58 B | ||||
| Total Asset | 2.73 B | ||||
| Retained Earnings | (898.99 M) | ||||
| Working Capital | 162.59 M | ||||
| Net Asset | 2.73 B |
About Precision Drilling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Precision Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Precision Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Precision Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Precision Drilling
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Precision Drilling position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Precision Drilling will appreciate offsetting losses from the drop in the long position's value.Moving together with Precision Stock
| 0.87 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.8 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.9 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Precision Stock
The ability to find closely correlated positions to Precision Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Precision Drilling when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Precision Drilling - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Precision Drilling to buy it.
The correlation of Precision Drilling is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Precision Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precision Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Precision Drilling can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.