RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Precision Drilling - Stock

Precision Drilling ROCE 2024

Precision Drilling ROCE

0.2

Ticker

PD.TO

ISIN

CA74022D4075

WKN

A2QH9T

In 2024, Precision Drilling's return on capital employed (ROCE) was 0.2, a 651.85% increase from the 0.03 ROCE 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.

ROCE Details

Unraveling Precision Drilling's Return on Capital Employed (ROCE)

Precision Drilling's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Precision Drilling's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Precision Drilling's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Precision Drilling’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Precision Drilling stock

What is the ROCE (Return on Capital Employed) of Precision Drilling this year?

The ROCE of Precision Drilling is 0.2 undefined this year.

How has the ROCE (Return on Capital Employed) of Precision Drilling developed compared to the previous year?

The ROCE of Precision Drilling has increased by 651.85% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Precision Drilling?

A high Return on Capital Employed (ROCE) indicates that Precision Drilling has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Precision Drilling?

A low ROCE (Return on Capital Employed) can indicate that Precision Drilling has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Precision Drilling impact the company?

An increase in the ROCE of Precision Drilling can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

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

A decrease in ROCE of Precision Drilling can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Precision Drilling?

Some factors that can affect Precision Drilling's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of Precision Drilling is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Precision Drilling take to improve the ROCE?

To improve the ROCE, Precision Drilling can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 6.06 %. For the coming 12 months, Precision Drilling is expected to pay a dividend of 0 CAD.

What is the dividend yield of Precision Drilling?

The current dividend yield of Precision Drilling is 6.06 %.

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 0 CAD are expected. This corresponds to a dividend yield of 0 %.

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.