GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Precision Drilling
Precision Drilling is one of Canada's largest oilfield services companies, providing drilling services. Its stock price is cyclical and directly dependent on oil and gas prices, which drive investment activity and demand for its drilling rigs in North America.
Share prices of companies in the market segment - Oil and gas services
Precision Drilling (PDS) is one of the largest oil and gas drilling contractors in North America, providing services and technology to energy companies. We classify it as "Oil and Gas Services." The chart below reflects the dynamics of this cyclical sector, dependent on production activity.
Broad Market Index - GURU.Markets
Precision Drilling is one of the world's largest drilling companies, providing onshore drilling services to the oil and gas industry. Its industry weight earns it a spot in the GURU.Markets index. The chart below compares its cyclical performance with the overall market.
Change in the price of a company, segment, and market as a whole per day
PDS - Daily change in the company's share price Precision Drilling
The volatility of Precision Drilling, a Canadian oilfield services company, reflects activity in the oil and gas production sector. Change_co measures sensitivity to energy prices and drilling rig demand. This parameter is important for formulas on System.GURU.Markets that analyze cyclical movements in the oilfield services industry.
Daily change in the price of a set of shares in a market segment - Oil and gas services
Precision Drilling Corporation is one of the largest drilling companies. This chart demonstrates the high volatility of the oilfield services sector. Compared to PDS, whose revenue is directly dependent on oil prices, it serves as a barometer of the industry.
Daily change in the price of a broad market stock, index - GURU.Markets
Precision Drilling is one of the largest drilling companies in North America. This business is highly dependent on drilling activity, which is tied to oil prices. The chart below illustrates the high volatility typical of the oilfield services sector and helps evaluate Precision.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Precision Drilling
Precision Drilling is one of the largest land drilling rig operators in North America. Its year-over-year performance is an accurate barometer of investment activity in the shale oil and gas industry. The chart below tells the story of this cyclical business.
Annual dynamics of market capitalization of the market segment - Oil and gas services
Precision Drilling Corporation is one of the largest drilling contractors in North America. Its business is highly cyclical and directly dependent on oil and gas prices. The chart clearly demonstrates this high volatility and dependence on oil and gas companies' capital expenditures on drilling.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Precision Drilling, as a major drilling rig operator, is at the epicenter of the energy cycle. Its stock price is closely tied to oil and gas prices and the investment plans of upstream companies. The chart is a classic cyclical story in the oilfield services sector, reflecting the health of the North American energy sector.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Precision Drilling
The dynamics of Precision Drilling, a Canadian oilfield services company, follow the cycles of the industry. Monthly fluctuations on the chart reflect demand for its drilling rigs and daily rental rates, which are directly linked to the capital expenditure plans of oil and gas companies in North America.
Monthly dynamics of market capitalization of the market segment - Oil and gas services
Precision Drilling is one of North America's largest oilfield services companies, providing drilling and well servicing services. Its business is cyclical and directly dependent on oil prices and investment in production. The chart below shows the overall dynamics of the oil and gas services sector.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Precision Drilling Corporation is a Canadian company providing onshore drilling services. Its business is directly dependent on oil and gas prices and the investment activity of extractive companies. Its shares are highly cyclical, and their performance is a barometer of the health of the North American oil and gas industry.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Precision Drilling
Precision Drilling is an oilfield services company, and its weekly performance is closely tied to oil prices. The number of active drilling rigs and investment plans of oil companies create constant short-term fluctuations, making the stock a barometer of industry activity.
Weekly dynamics of market capitalization of the market segment - Oil and gas services
Precision Drilling, as an oilfield services company, is completely dependent on the health of the energy sector. Its weekly performance almost always moves in unison with the industry. A comparison chart allows you to assess how closely its stock tracks oil prices and rig count, and whether it has an operational advantage over its competitors.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Precision Drilling, as an oilfield services company, follows the tune of oil prices, not the broader market. Comparing its weekly performance with the S&P 500 will likely reveal a weak correlation. The chart will show how the company's shares can confidently outperform the market during periods of rising energy prices, and significantly lag during periods of falling prices.
Market capitalization of the company, segment and market as a whole
PDS - Market capitalization of the company Precision Drilling
Precision Drilling's market capitalization chart is a seismograph of the oil and gas industry. Its dynamics correlate almost perfectly with oil prices and drilling activity in North America. The ups and downs on this chart are a visual history of boom and bust cycles, reflecting investor confidence in future demand for fossil fuels.
PDS - Share of the company's market capitalization Precision Drilling within the market segment - Oil and gas services
Precision Drilling is one of the largest drilling companies in North America, providing services to oil and gas producers. Its share of the oilfield services sector reflects its scale and the state of drilling activity in the industry. The chart below shows how this key contractor's share changes with oil prices and investment in production.
Market capitalization of the market segment - Oil and gas services
Precision Drilling is one of the largest drilling contractors in North America. Its fleet of drilling rigs is the lifeblood of the oil and gas industry. The chart below shows the total market capitalization of the oilfield services sector. Its dynamics are directly dependent on oil prices and the investment activity of drilling companies, which drives demand for PDS services.
Market capitalization of all companies included in a broad market index - GURU.Markets
The Precision Drilling line on this chart is a seismograph for the oil and gas industry. As one of the largest drilling companies, its market capitalization directly follows oil prices and investment in production. See how its share of the global economy pulsates with the boom and bust energy cycles.
Book value capitalization of the company, segment and market as a whole
PDS - Book value capitalization of the company Precision Drilling
Precision Drilling's capital base is its massive fleet of high-tech drilling rigs. The company's book value directly reflects the value of this fleet of equipment operating in oil and gas fields. The chart shows how investments in modernization and construction of new rigs have impacted the capital base of this oilfield services giant.
PDS - Share of the company's book capitalization Precision Drilling within the market segment - Oil and gas services
Precision Drilling is an armada of steel giants in the oil fields. The company's business involves owning and operating a large fleet of modern drilling rigs. The chart directly measures the share of all physical drilling power required for oil and gas production in North America that this service giant controls.
Market segment balance sheet capitalization - Oil and gas services
Oil and gas drilling is one of the most capital-intensive businesses in the world. Precision Drilling is a prime example. Amid the vast assets of the entire oilfield services sector, its business model is entirely dependent on the ownership and efficient operation of a large fleet of expensive drilling rigs.
Book value of all companies included in the broad market index - GURU.Markets
Precision Drilling's assets comprise a fleet of hundreds of high-tech drilling rigs scattered across oil and gas fields. The company's book value is the literal weight and complexity of this "arsenal," without which modern hydrocarbon production is impossible. The chart clearly illustrates the physical scale of this oilfield services giant.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Precision Drilling
Precision Drilling's market value is not only the value of its drilling rigs but also a bet on oil prices. When the market anticipates a production boom, it is willing to pay a premium for the future revenue from these workhorses. A chart of this ratio is an excellent indicator of sentiment in the oilfield services sector.
Market to book capitalization ratio in a market segment - Oil and gas services
Precision Drilling owns a large fleet of drilling rigs. It's a classic capital-intensive business. The chart shows how the market valuation of its assets fluctuates depending on oil prices and drilling demand. In good times, the market values โโits fleet significantly above its book value.
Market to book capitalization ratio for the market as a whole
Precision Drilling owns a fleet of modern drilling rigs. It's a classic capital-intensive business, whose value is locked up in this hardware. The company's valuation is cyclical and directly dependent on oil prices and drilling investments. This metric demonstrates how the market values โโsuch heavy industrial assets, especially compared to technology sectors where intangible assets reign supreme.
Debts of the company, segment and market as a whole
PDS - Company debts Precision Drilling
For Precision Drilling, a leading drilling contractor, debt is a key tool for financing and maintaining its drilling rig fleet. Debt levels are closely tied to cycles in the oil and gas industry: during periods of growth, the company invests in equipment, while during downturns, it focuses on debt reduction, as reflected in this chart.
Market segment debts - Oil and gas services
Precision Drilling is one of the largest drilling companies providing services to oil and gas producers. This business is highly capital-intensive (drilling rigs) and cyclical. The debt load chart clearly shows how the company manages its finances based on oil prices, striving for survival during downturns and growth during booms.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Precision Drilling
Precision Drilling is a key player in the oil and gas drilling services industry. This business requires a vast fleet of expensive equipment, the upgrades and maintenance of which are often financed through debt. This chart illustrates how the company manages its debt dependence in the face of highly volatile energy prices and demand for its services.
Market segment debt to market segment book capitalization - Oil and gas services
Precision Drilling is one of the largest drilling contractors in the oil and gas industry. It's a highly cyclical and capital-intensive business, making debt management critical. This chart shows how the company manages its balance sheet amid oil price volatility, comparing its debt load to the capitalization of its entire service sector.
Debt to book value of all companies in the market
Precision Drilling is a key contractor in the oil and gas industry, providing drilling rigs and services. It's a cyclical business, heavily dependent on energy prices. How does the company manage its debt during periods of growth and decline? This chart compares its borrowing strategy with overall market trends and assesses its financial flexibility.
P/E of the company, segment and market as a whole
P/E - Precision Drilling
Precision Drilling is one of Canada's largest drilling companies, providing services to oil and gas producers. This chart shows how the company's valuation is directly linked to activity in the exploration and production sector. Rising oil prices stimulate drilling, leading to increased demand for the company's services and a higher valuation.
P/E of the market segment - Oil and gas services
Precision Drilling is one of North America's largest drilling companies, providing services and technology for the oil and gas industry. Its activity is an indicator of activity in the sector. This chart shows the average rating for oilfield service companies, allowing you to compare Precision Drilling with its competitors in this cyclical industry.
P/E of the market as a whole
Precision Drilling, as an oilfield services company, is heavily dependent on energy prices and drilling volumes. To what extent is its valuation driven by these industry cycles, and to what extent is it subject to overall market sentiment, as reflected in this chart? This comparison helps us understand what matters more to investors: the oil price or overall risk appetite.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Precision Drilling
Precision Drilling is one of the largest oil and gas drilling contractors in North America. The graph illustrates the company's profitability forecasts, which are directly dependent on energy prices and investment in exploration and production. Increased drilling activity is a key driver of future revenue.
Future (projected) P/E of the market segment - Oil and gas services
Precision Drilling is one of the largest oil and gas drilling contractors in North America. The company's success is directly dependent on energy prices and investment activity in the sector. This chart reflects general forecasts for the entire oilfield services industry, allowing one to assess how Precision Drilling's future profitability expectations compare to market trends.
Future (projected) P/E of the market as a whole
Precision Drilling is one of the largest oilfield services companies providing drilling services. Its business is highly cyclical and dependent on oil and gas prices. This economic outlook chart is a leading indicator of future energy demand, which determines oil companies' investment budgets and, consequently, PDS's revenue.
Profit of the company, segment and market as a whole
Company profit Precision Drilling
Precision Drilling is one of the largest drilling contractors in North America. The company's profits are directly dependent on oil and gas prices, which drive demand for its drilling rigs. This chart clearly demonstrates how oil and gas activity and equipment fleet management efficiency impact the company's bottom line.
Profit of companies in the market segment - Oil and gas services
Precision Drilling is one of the largest players in the oil and gas drilling services industry. This sector total profit chart is a barometer of the health of the entire industry. When energy prices are high and the industry is thriving, demand for PDS drilling rigs increases, directly impacting their revenue. The cyclical nature of the chart is essentially the story of their business.
Overall market profit
Precision Drilling is one of the largest drilling companies in North America. Its business is highly cyclical and directly dependent on oil and gas prices, as well as the investment activity of mining companies. When the economy is booming, as this chart shows, energy demand rises, stimulating drilling and securing new contracts for Precision Drilling.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Precision Drilling
Precision Drilling is a key contractor in the North American oil and gas industry, providing drilling rigs and services. Their revenues are directly dependent on the activity of oil and gas producers. This chart shows analysts' estimates of future drilling demand, which serves as a barometer for the entire service industry and energy prices.
Future (predicted) profit of companies in the market segment - Oil and gas services
Precision Drilling is one of the leading drilling contractors in North America. The company's operations are cyclical and directly dependent on oil and gas prices, as well as the investment budgets of upstream companies. This chart illustrates the projected profitability of the entire oilfield services sector, which is a leading indicator of future demand for drilling rigs and PDS services.
Future (predicted) profit of the market as a whole
Precision Drilling, as a service company in the oil and gas sector, is directly affected by economic conditions. The total revenue forecast presented here is an indicator of expected energy demand. An increase foreshadows increased drilling activity and new contracts, while a decline foreshadows reduced investment in the industry.
P/S of the company, segment and market as a whole
P/S - Precision Drilling
Precision Drilling is one of the largest oil and gas drilling contractors in North America. This chart shows the company's valuation relative to its revenue, which is especially important in the cyclical oilfield services industry. Investor sentiment fluctuates with energy prices, directly impacting the value of each dollar of sales.
P/S market segment - Oil and gas services
Precision Drilling is a key player in the oilfield services industry, generating revenue from drilling rigs and services. The company's revenue is cyclical and dependent on energy prices. This industry metric allows us to assess how the market currently values โโthe company's revenue compared to other service giants during periods of growth or decline.
P/S of the market as a whole
Precision Drilling is one of the largest oil and gas drilling contractors in North America. Its revenue is cyclical and highly dependent on energy prices. By looking at the average market revenue valuation on this chart, one can assess how investors perceive the current energy cycle: whether they see drilling stocks as a premium due to strong demand or a discount due to risk.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Precision Drilling
Precision Drilling is one of the largest oil and gas drilling contractors. Its revenue is directly dependent on energy prices and the plans of drilling companies. This metric is particularly important because it reflects the market's valuation of the company based on forecasts of future drilling activity, not on contracts already completed.
Future (projected) P/S of the market segment - Oil and gas services
Precision Drilling is one of the largest oil and gas drilling contractors, providing high-tech equipment and services to energy companies. This metric represents the average market estimate of future revenue in the oilfield services sector. It helps understand how investor expectations for Precision Drilling compare to overall industry forecasts.
Future (projected) P/S of the market as a whole
Precision Drilling is a key contractor for oil and gas giants, providing drilling rigs and personnel. This indicator reflects the market's collective expectations for future revenue. Precision Drilling's activity and contracts serve as a leading indicator for the entire energy industry, as their work is the first step in the oil and gas production chain.
Sales of the company, segment and market as a whole
Company sales Precision Drilling
This chart shows the revenue of Precision Drilling, a leading contractor providing drilling services to the oil and gas industry. The company's revenue is directly linked to the number of drilling rigs in operation and energy prices. Therefore, the data presented serves as an indicator of investment activity in the sector and demand for drilling services in North America.
Sales of companies in the market segment - Oil and gas services
Precision Drilling is one of the largest oil and gas drilling contractors in North America. This chart's dynamics are closely tied to energy prices and investment activity in the sector. The company directly influences the industry by introducing high-tech drilling rigs that improve production efficiency and set new performance standards.
Overall market sales
Precision Drilling provides drilling services for the oil and gas sector, which is closely tied to the global economy. This chart shows overall business activity, which drives energy demand. Increases in this indicator lead to increased investment in production, directly impacting the number of orders and the company's capacity utilization.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Precision Drilling
Precision Drilling is one of the largest drilling contractors in North America. The dynamics in this chart reflect analysts' collective expectations for oil and gas prices. This forecast directly impacts drilling volumes and, consequently, the company's future revenue.
Future (projected) sales of companies in the market segment - Oil and gas services
Precision Drilling is a key contractor in the North American oil and gas industry, providing drilling and well servicing services. Drilling rig utilisation and rental rates are directly dependent on the capital expenditures of oil producing companies. This chart shows the sector activity forecast, which determines PDS's cash flows.
Future (projected) sales of the market as a whole
Precision Drilling is a major player in the drilling services market, directly linked to investments in the energy sector. The dynamics presented reflect business activity forecasts, and the number of Precision Drilling rigs in operation is a leading indicator of future oil and gas production volumes, which are key to the entire economy.
Marginality of the company, segment and market as a whole
Company marginality Precision Drilling
Precision Drilling is a major player in the oilfield services industry, and its financial results are cyclical. This chart clearly shows how the company's profitability follows oil and gas prices. During periods of rising prices, its drilling rigs operate at full capacity, generating high profits that shrink during commodity market downturns.
Market segment marginality - Oil and gas services
Precision Drilling is one of Canada's largest oilfield services companies, providing drilling and well servicing services. Profitability in this cyclical industry is directly dependent on oil prices and drilling activity. This chart reflects the company's operational efficiency. Comparisons with competitors demonstrate its ability to manage costs in a changing market environment.
Market marginality as a whole
Precision Drilling is one of the largest oil and gas drilling contractors in North America. Their business is cyclical and directly dependent on energy prices. This chart illustrates the overall profit margin in the economy. It is especially important for PDS, as drilling investment increases when the corporate sector feels confident and is willing to invest in energy.
Employees in the company, segment and market as a whole
Number of employees in the company Precision Drilling
Precision Drilling is one of the largest drilling contractors. The vast majority of its employees are field personnel working on drilling rigs. This chart serves as an accurate barometer of activity in the oil and gas sector: an increase in the number of employees means more drilling rigs are in operation and fulfilling contracts.
Share of the company's employees Precision Drilling within the market segment - Oil and gas services
Precision Drilling is a key player in the oilfield services industry, providing high-tech drilling services. This metric allows us to assess a company's operational strength, reflecting its share of the industry's workforce. In this business, the number of qualified drilling crews directly determines a company's ability to fulfill contracts and its actual presence at oilfields.
Number of employees in the market segment - Oil and gas services
Precision Drilling is one of the largest oil and gas drilling contractors in North America. Employment trends in the oilfield services sector, illustrated by this chart, are a leading indicator of investment activity in the energy sector. The growth in the number of drillers and engineers is directly linked to energy prices and the expansion plans of drilling companies.
Number of employees in the market as a whole
Precision Drilling is one of the largest oil and gas drilling contractors in North America. The company's activity is directly linked to energy prices and investment in the sector. These dynamics help us understand how the state of the energy industry, in which PDS is a key player, affects overall employment and economic activity in the region.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Precision Drilling (PDS)
Precision Drilling is a Canadian oil and gas drilling contractor. This chart clearly demonstrates the industry's high capital intensity. The company's primary asset is not its people, but its fleet of modern drilling rigsโexpensive and complex equipment. The chart illustrates how much of its market capitalization, or the value of these "hard" assets, is attributed to each employee managing them.
Market capitalization per employee (in thousands of dollars) in the market segment - Oil and gas services
Precision Drilling is a leader in drilling services for the oil and gas industry. The company's business requires significant investment in modern equipment and technology, but also a significant number of skilled workers. This chart shows how the market evaluates the balance between technological equipment and human capital, reflecting the efficiency of operations per employee.
Market capitalization per employee (in thousands of dollars) for the overall market
Precision Drilling is one of the largest oilfield services companies providing drilling services. This chart shows its valuation in a capital-intensive and cyclical industry. The cost per employee is highly dependent on oil prices. This metric reflects how efficiently the company utilizes its drilling rigs and crews to generate profits for shareholders.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Precision Drilling (PDS)
Precision Drilling is one of the largest drilling rig operators in North America. It's a capital- and labor-intensive business dependent on oil and gas prices. This chart shows how efficiently the company manages its drilling crews. When drilling demand is high and the rigs are running 24/7, each employee generates significant income; during downturns, this figure drops.
Profit per employee (in thousands of dollars) in the market segment - Oil and gas services
Precision Drilling is one of Canada's largest oil and gas drilling contractors. It's a capital-intensive (rig ownership) and labor-intensive (crew) business. This metric is highly cyclical, directly dependent on energy prices, which dictate drilling demand and, consequently, personnel and equipment utilization.
Profit per employee (in thousands of dollars) for the market as a whole
Precision Drilling is one of the largest operators of land drilling rigs. It's a capital-intensive and cyclical oilfield services business, where profits are generated by expensive assets (drilling rigs), not just personnel. This chart shows how efficiently the company utilizes its rigs and drilling crews. It is directly dependent on drilling activity (oil prices) and daily rental rates, reflecting asset utilization.
Sales to employees of the company, segment and market as a whole
Sales per company employee Precision Drilling (PDS)
Precision Drilling is one of the largest drilling contractors in North America. This chart directly reflects the productivity of its drilling rigs and crews. The increase in this indicator demonstrates high equipment utilization, the implementation of more efficient drilling technologies, and the company's ability to generate maximum revenue from each asset.
Sales per employee in the market segment - Oil and gas services
For Precision Drilling, a drilling rig operator, this chart is a direct indicator of operational efficiency. It demonstrates how much revenue each employee, from engineer to drilling crew member, generates. A comparison with competitors in the oilfield services segment demonstrates how leanly and productively PDS utilizes its most important assetโits people.
Sales per employee for the market as a whole
Precision Drilling (PDS) is one of the largest drilling contractors in North America. Their business is directly dependent on the number of active drilling rigs, each of which requires a skilled crew. This chart is a direct reflection of the sector's health: it shows how effectively the company utilizes its crews to generate revenue in the cyclical oil and gas industry.
Short shares by company, segment and market as a whole
Shares shorted by company Precision Drilling (PDS)
Precision Drilling is one of the largest drilling contractors in North America. Its business is entirely dependent on oil and gas prices and producer activity. This chart reflects bearish bets. Bears are likely anticipating lower energy prices, which would lead to reduced drilling budgets and impact PDS's revenue.
Shares shorted by market segment - Oil and gas services
Precision Drilling is a major Canadian drilling contractor. They supply oil and gas companies with drilling rigs and personnel. This chart shows bearish sentiment. "Shorts" here are betting on falling oil and gas prices. If prices fall, companies cut drilling budgets, leaving Precision's rigs idle.
Shares shorted by the overall market
Precision Drilling (PDS) is one of the largest Canadian companies providing drilling rigs and services to the oil and gas sector. Their business depends on drilling activity in North America. This chart shows their bets against oil and gas prices. Bears expect producers to cut drilling budgets, leading to a drop in demand for PDS rigs and lower tariffs for their services.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Precision Drilling (PDS)
Precision Drilling is a Canadian oilfield services company (drilling rigs). The business is highly cyclical and dependent on drilling activity. This chart, above 70, may reflect a drilling peak or rising oil prices. The oversold zone (<30) is often associated with falling oil prices, which leads to reduced drilling budgets.
RSI 14 Market Segment - Oil and gas services
Precision Drilling (PDS) is a Canadian oilfield services company and one of the largest owners of land rigs in North America. RSI_14_Seg for "Oil and Gas Services" shows whether the entire well servicing sector is overheated. This helps determine whether PDS's growth is due to its "smart" rigs or simply the overall drilling boom.
RSI 14 for the overall market
Precision Drilling (PDS), a drilling services provider, sees this chart as a proxy for future energy demand. Market euphoria signifies economic growth, high demand for oil, and active drilling. Market panic is a harbinger of a recession, a drop in fuel demand, and, consequently, a freeze in drilling activity.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast PDS (Precision Drilling)
Precision Drilling (PDS) is one of the largest drilling rig operators in North America, serving the oil and gas industry. This chart shows the average 12-month forecast of analysts. It reflects their collective view of drilling activity (rig count) and daily rates, which are directly dependent on oil and gas prices.
The difference between the consensus estimate and the actual stock price PDS (Precision Drilling)
Precision Drilling is one of the largest Canadian operators of onshore drilling rigs in North America and the Middle East. This chart illustrates the analyst community's opinion on the company's future. It measures the distance between the current price and the consensus target price, indicating whether experts believe drilling activity will increase.
Analyst consensus forecast for stock prices by market segment - Oil and gas services
Precision Drilling (PDS) is one of the largest land drilling contractors in North America, owning a fleet of high-tech drilling rigs. This chart shows analysts' overall expectations for the oilfield services sector. It reflects whether experts believe drilling activity and rig rental rates will increase.
Analysts' consensus forecast for the overall market share price
Precision Drilling is one of Canada's largest drilling companies, providing high-tech drilling rigs (super triple rigs) to the oil and gas industry in the US and Canada. This chart shows overall market sentiment. For PDS, whose business is 100% driven by the oil price, it's important to understand how these expectations (energy demand) impact drilling activity and rig rental rates. (348)
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Precision Drilling
Precision Drilling (PDS) is one of the largest onshore drilling rig operators in North America (Canada and the US). They don't produce oil, but rather act as a contractor hired to drill wells. This chart is a barometer of rig counts. Its dynamics depend entirely on the capital expenditures (CapEx) of shale producers, which dictate demand and rates for their premium drilling rigs.
AKIMA Market Segment Index - Oil and gas services
Precision Drilling (PDS) is a Canadian onshore drilling giant (like HP and PTEN); the company owns a massive fleet of high-tech drilling rigs (Super Triple) in the US and Canada. This aggregate metric evaluates companies. The chart shows the sector average. This is a benchmark: how does this large-scale (and hyper-cyclical) model (PDS) differentiate it from the average oilfield services competitor?
The AKIM Index for the overall market
Precision Drilling is a major Canadian drilling contractor with a significant presence in the US. It is known for its high-tech rigs. This chart, reflecting the market average, is a backdrop. It helps assess how the PDS, a barometer of oil and gas company activity in North America, compares to the overall macroeconomic picture.