Precision Drilling Corporation (PDS) vs. Its Competitors Head to Head Analysis
Precision Drilling Corporation (NYSE: PDS) is one of 18 publicly-traded companies in the “Oil & Gas Drilling” industry, but how does it contrast to its peers? We will compare Precision Drilling Corporation to related companies based on the strength of its risk, profitability, valuation, dividends, earnings, analyst recommendations and institutional ownership.
This table compares Precision Drilling Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Precision Drilling Corporation||-9.45%||-5.96%||-2.73%|
|Precision Drilling Corporation Competitors||-24.25%||-8.95%||-2.85%|
Valuation & Earnings
This table compares Precision Drilling Corporation and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Precision Drilling Corporation||$910.75 million||$202.95 million||-9.67|
|Precision Drilling Corporation Competitors||$1.42 billion||$540.19 million||-11.42|
Precision Drilling Corporation’s peers have higher revenue and earnings than Precision Drilling Corporation. Precision Drilling Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
59.7% of Precision Drilling Corporation shares are owned by institutional investors. Comparatively, 74.8% of shares of all “Oil & Gas Drilling” companies are owned by institutional investors. 1.0% of Precision Drilling Corporation shares are owned by insiders. Comparatively, 2.2% of shares of all “Oil & Gas Drilling” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
This is a breakdown of recent ratings for Precision Drilling Corporation and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Precision Drilling Corporation||0||6||7||1||2.64|
|Precision Drilling Corporation Competitors||494||1535||1243||57||2.26|
Precision Drilling Corporation presently has a consensus price target of $5.37, indicating a potential upside of 85.06%. As a group, “Oil & Gas Drilling” companies have a potential upside of 17.18%. Given Precision Drilling Corporation’s stronger consensus rating and higher possible upside, equities analysts plainly believe Precision Drilling Corporation is more favorable than its peers.
Volatility and Risk
Precision Drilling Corporation has a beta of 1.79, meaning that its stock price is 79% more volatile than the S&P 500. Comparatively, Precision Drilling Corporation’s peers have a beta of 1.89, meaning that their average stock price is 89% more volatile than the S&P 500.
Precision Drilling Corporation beats its peers on 7 of the 12 factors compared.
Precision Drilling Corporation Company Profile
Precision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment operates its rigs in Canada, the United States and internationally. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States. As of December 31, 2016, the Contract Drilling Services segment consisted of 255 land drilling rigs, including 135 in Canada, 103 in the United States, five in Mexico, four in Saudi Arabia, five in Kuwait, two in the Kurdistan region of Iraq and one in the country of Georgia.
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