RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Precision Drilling Stock

Precision Drilling Equity 2024

Precision Drilling Equity

1.58 B CAD

Ticker

PD.TO

ISIN

CA74022D4075

WKN

A2QH9T

In 2024, Precision Drilling's equity was 1.58 B CAD, a 28.05% increase from the 1.23 B CAD equity in the previous year.

Precision Drilling Aktienanalyse

What does Precision Drilling do?

Precision Drilling Corp is a leading company in the oil and gas drilling equipment and services sector, based in Calgary, Canada. The company has a long history dating back to 1951 when founder Hank Swartout established Precision Drilling Co Ltd. Since then, the company has expanded its operations in Canada and the USA and is now a major player in the global market for oil and gas exploration and production. Precision Drilling Corp's business model is based on providing drilling equipment and services to oil and gas exploration and production companies. The company operates a wide range of activities, including drilling oil and gas wells, supplying drilling equipment and services, renting equipment, and conducting maintenance and repair work on drilling equipment. The company has several business segments, including drilling equipment, drilling services, and equipment rental. The drilling equipment segment includes a variety of products such as drilling rigs, drilling machines, drill collars, drilling tools, and other accessories. The drilling services department includes various types of drilling, including conventional land and offshore drilling, horizontal and directional drilling, as well as deep and ultra-deep drilling. Precision Drilling Corp also provides equipment rental services for the oil and gas industry. This allows customers to rent state-of-the-art equipment flexibly without long lead times and high investment costs. The company also maintains a workshop where customer equipment is serviced, repaired, and regularly overhauled. An important aspect of Precision Drilling Corp's business model is its commitment to sustainability and environmental protection. In recent years, the company has made significant investments in the development of technologies aimed at reducing the environmental impact of oil and gas drilling and production. This includes technologies to reduce methane emissions, reuse water, and use renewable energy to power drilling equipment. Precision Drilling Corp is also a pioneer in the use of automation technology for drilling equipment. This allows the company to perform safer, more efficient, and cost-effective drilling operations with less human labor required. Furthermore, automation technology has the potential to increase worker safety as it replaces hazardous manual labor processes. Overall, Precision Drilling Corp is a significant player in the global market for oil and gas exploration and production. The company has earned an excellent reputation through its dedicated commitment to sustainability and environmental protection, pioneering work in the adoption of automation technology, and focus on customer satisfaction. As the demand for oil and gas continues to grow, Precision Drilling Corp will play a crucial role in meeting this demand while ensuring it is done in a sustainable and environmentally friendly manner. Please, provide feedback for the translation. Precision Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Precision Drilling's Equity

Precision Drilling's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Precision Drilling's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Precision Drilling's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Precision Drilling's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Precision Drilling’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Precision Drilling stock

What is the equity of Precision Drilling this year?

Precision Drilling has equity of 1.58 B CAD this year.

What was the equity of Precision Drilling compared to the previous year?

The equity of Precision Drilling has increased/decreased by 28.05% increased compared to the previous year.

What impact does a high equity have on investors of Precision Drilling?

A high equity is advantageous for investors of Precision Drilling as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Precision Drilling?

A low equity can be a risk for investors of Precision Drilling, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Precision Drilling affect the company?

An increase in equity of Precision Drilling can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Precision Drilling affect the company?

A reduction in equity of Precision Drilling can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Precision Drilling?

Some factors that can affect the equity of Precision Drilling include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Precision Drilling so important for investors?

The equity of Precision Drilling is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Precision Drilling take to change the equity?

To change equity, Precision Drilling can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Precision Drilling pay?

Over the past 12 months, Precision Drilling paid a dividend of 5.6 CAD . This corresponds to a dividend yield of about 6.39 %. For the coming 12 months, Precision Drilling is expected to pay a dividend of 13.48 CAD.

What is the dividend yield of Precision Drilling?

The current dividend yield of Precision Drilling is 6.39 %.

When does Precision Drilling pay dividends?

Precision Drilling pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Precision Drilling?

Precision Drilling paid dividends every year for the past 5 years.

What is the dividend of Precision Drilling?

For the upcoming 12 months, dividends amounting to 13.48 CAD are expected. This corresponds to a dividend yield of 15.38 %.

In which sector is Precision Drilling located?

Precision Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Precision Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Precision Drilling from 11/18/2015 amounting to 0.07 CAD, you needed to have the stock in your portfolio before the ex-date on 11/4/2015.

When did Precision Drilling pay the last dividend?

The last dividend was paid out on 11/18/2015.

What was the dividend of Precision Drilling in the year 2023?

In the year 2023, Precision Drilling distributed 0 CAD as dividends.

In which currency does Precision Drilling pay out the dividend?

The dividends of Precision Drilling are distributed in CAD.

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Andere Kennzahlen von Precision Drilling

Our stock analysis for Precision Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Precision Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.