Precision Drilling Net Income
| PDS Stock | USD 89.21 2.27 2.61% |
As of the 3rd of March, Precision Drilling holds the Coefficient Of Variation of 313.27, risk adjusted performance of 0.2505, and Semi Deviation of 1.63. 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. Please check Precision Drilling information ratio, as well as the relationship between the potential upside and kurtosis to decide if Precision Drilling is priced some-what accurately, providing market reflects its current price of 89.21 per share. Given that Precision Drilling has jensen alpha of 0.6072, we recommend you to check out Precision Drilling's recent market performance to make sure the company can sustain itself at a future point.
Precision Drilling Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.1871 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 1.8 M | 1.7 M | |
| Net Income From Continuing Ops | 100.2 M | 105.2 M | |
| Net Income Applicable To Common Shares | 100.1 M | 54.1 M | |
| Net Income Per Share | 0.14 | 0.13 | |
| Net Income Per E B T | 0.03 | 0.03 |
Precision | Net Income | Build AI portfolio with Precision Stock |
The evolution of Net Income for Precision Drilling provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Precision Drilling compares to historical norms and industry peers.
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 | (20,758,287) | |
| Coefficient Of Variation | (824.53) | |
| Mean Deviation | 130,113,863 | |
| Median | 1,840,498 | |
| Standard Deviation | 171,157,638 | |
| Sample Variance | 29294.9T | |
| Range | 652.7M | |
| R-Value | (0.01) | |
| Mean Square Error | 31247T | |
| R-Squared | 0.00003 | |
| Significance | 0.98 | |
| Slope | (184,445) | |
| Total Sum of Squares | 468719T |
Precision Net Income History
Other Fundumenentals of Precision Drilling
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Precision Drilling Net Income component correlations
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
Is there potential for Energy Equipment & Services market expansion? Will Precision introduce new products? Factors like these will boost the valuation of Precision Drilling. Anticipated expansion of Precision directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Precision Drilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 0.11 | Revenue Per Share | Quarterly Revenue Growth 0.022 | Return On Assets |
Understanding Precision Drilling requires distinguishing between market price and book value, where the latter reflects Precision's accounting equity. The concept of intrinsic value - what Precision Drilling's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Precision Drilling's price substantially above or below its fundamental value.
It's important to distinguish between Precision Drilling's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Precision Drilling should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Precision Drilling's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in Precision Drilling on December 3, 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 Borr Drilling, Nabors Industries, Vitesse Energy, Teekay, Crossamerica Partners, Sable Offshore, and Core Laboratories. Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to ex... 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 | 0.2811 | |||
| Maximum Drawdown | 12.76 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 3.79 |
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 | 0.2505 | |||
| Jensen Alpha | 0.6072 | |||
| Total Risk Alpha | 0.4705 | |||
| Sortino Ratio | 0.3031 | |||
| Treynor Ratio | 0.785 |
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 March 3, 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 | 0.2505 | |||
| Market Risk Adjusted Performance | 0.795 | |||
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.63 | |||
| Downside Deviation | 1.97 | |||
| Coefficient Of Variation | 313.27 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.5 | |||
| Information Ratio | 0.2811 | |||
| Jensen Alpha | 0.6072 | |||
| Total Risk Alpha | 0.4705 | |||
| Sortino Ratio | 0.3031 | |||
| Treynor Ratio | 0.785 | |||
| Maximum Drawdown | 12.76 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 3.79 | |||
| Downside Variance | 3.87 | |||
| Semi Variance | 2.67 | |||
| Expected Short fall | (2.07) | |||
| Skewness | (0.65) | |||
| Kurtosis | 2.75 |
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 0.24, which implies the firm had a 0.24 % 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 0.51% is justified by implied risk. Please evaluate Precision Drilling's Semi Deviation of 1.63, risk adjusted performance of 0.2505, and Coefficient Of Variation of 313.27 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 19. The company holds a Beta of 0.85, which implies possible diversification benefits within a given portfolio. Precision Drilling returns are very sensitive to returns on the market. As the market goes up or down, Precision Drilling is expected to follow. 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 | 0.68 |
Good predictability
Precision Drilling has good predictability. Overlapping area represents the amount of predictability between Precision Drilling time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 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 0.68 indicates that around 68.0% of current Precision Drilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 22.75 |
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 United States 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 Drilling ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Precision Drilling's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Precision Drilling's managers, analysts, and investors.Environmental | Governance | Social |
Precision Drilling Institutional Holders
Institutional Holdings refers to the ownership stake in Precision Drilling that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Precision Drilling's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Precision Drilling's value.| Shares | Picton Mahoney Asset Management | 2025-09-30 | 246 K | Dimensional Fund Advisors, Inc. | 2025-12-31 | 210.2 K | Acadian Asset Management Llc | 2025-09-30 | 189.5 K | Ubs Group Ag | 2025-09-30 | 156.7 K | American Century Companies Inc | 2025-12-31 | 133 K | Greatmark Investment Partners Inc | 2025-12-31 | 122.5 K | Millennium Management Llc | 2025-09-30 | 118.9 K | D. E. Shaw & Co Lp | 2025-12-31 | 115.5 K | Bank Of America Corp | 2025-09-30 | 100.2 K | Fidelity International Ltd | 2025-12-31 | 850.3 K | National Bank Of Canada /fi/ | 2025-09-30 | 735.5 K |
Precision Fundamentals
| Return On Equity | 0.0019 | ||||
| Return On Asset | 0.0378 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 1.6 B | ||||
| Shares Outstanding | 12.93 M | ||||
| Shares Owned By Insiders | 2.77 % | ||||
| Shares Owned By Institutions | 64.06 % | ||||
| Number Of Shares Shorted | 292.3 K | ||||
| Price To Earning | (6.85) X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 0.64 X | ||||
| Revenue | 1.84 B | ||||
| Gross Profit | 604.05 M | ||||
| EBITDA | 489.22 M | ||||
| Net Income | 1.84 M | ||||
| Cash And Equivalents | 51.64 M | ||||
| Cash Per Share | 3.80 X | ||||
| Total Debt | 790.76 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 1.39 X | ||||
| Book Value Per Share | 89.60 X | ||||
| Cash Flow From Operations | 411.84 M | ||||
| Short Ratio | 3.43 X | ||||
| Earnings Per Share | 0.11 X | ||||
| Price To Earnings To Growth | 0.40 X | ||||
| Target Price | 101.92 | ||||
| Number Of Employees | 5.5 K | ||||
| Beta | 1.58 | ||||
| Market Capitalization | 1.18 B | ||||
| Total Asset | 2.72 B | ||||
| Retained Earnings | (898.26 M) | ||||
| Working Capital | 162.59 M | ||||
| Current Asset | 561.95 M | ||||
| Current Liabilities | 175.5 M | ||||
| Net Asset | 2.72 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.
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Additional Tools for Precision Stock Analysis
When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.