Head-To-Head Comparison: Precision Drilling Corporation (NYSE:PDS) versus Its Competitors

Precision Drilling Corporation (NYSE: PDS) is one of 18 public companies in the “Oil & Gas Drilling” industry, but how does it weigh in compared to its rivals? We will compare Precision Drilling Corporation to related businesses based on the strength of its institutional ownership, analyst recommendations, risk, dividends, valuation, profitability and earnings.

Profitability

This table compares Precision Drilling Corporation and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Precision Drilling Corporation -12.38% -7.10% -3.22%
Precision Drilling Corporation Competitors -18.41% -8.37% -2.62%

Institutional & Insider Ownership

61.4% of Precision Drilling Corporation shares are held by institutional investors. Comparatively, 74.9% of shares of all “Oil & Gas Drilling” companies are held by institutional investors. 1.0% of Precision Drilling Corporation shares are held by insiders. Comparatively, 2.2% of shares of all “Oil & Gas Drilling” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Precision Drilling Corporation and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Precision Drilling Corporation 0 7 7 1 2.60
Precision Drilling Corporation Competitors 492 1506 1228 57 2.26

Precision Drilling Corporation currently has a consensus price target of $5.58, indicating a potential upside of 113.79%. As a group, “Oil & Gas Drilling” companies have a potential upside of 20.38%. Given Precision Drilling Corporation’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Precision Drilling Corporation is more favorable than its rivals.

Earnings and Valuation

This table compares Precision Drilling Corporation and its rivals gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Precision Drilling Corporation $910.75 million $202.95 million -7.46
Precision Drilling Corporation Competitors $1.42 billion $540.19 million -6.87

Precision Drilling Corporation’s rivals have higher revenue and earnings than Precision Drilling Corporation. Precision Drilling Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

Precision Drilling Corporation has a beta of 1.79, suggesting that its stock price is 79% more volatile than the S&P 500. Comparatively, Precision Drilling Corporation’s rivals have a beta of 1.89, suggesting that their average stock price is 89% more volatile than the S&P 500.

About Precision Drilling Corporation

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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