Precision Drilling Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 37 out of 100 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 152.19.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Precision Drilling Corp's Score
Industry at a Glance
Industry Ranking
37 / 100
Overall Ranking
172 / 4566
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
Precision Drilling Corp Highlights
StrengthsRisks
Precision Drilling Corporation is a Canada-based provider of contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. The Company operates through two segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. Its technologies include AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. The Company provides services primarily in Canada, the United States and certain international locations.
Overvalued
The company’s latest PB is 0.86, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 8.74M shares, decreasing 13.88% quarter-over-quarter.
Analyst Rating
Based on
6
analysts
Buy
Current Rating
152.193
Target Price
+96.02%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Precision Drilling Corporation is a Canada-based provider of contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. The Company operates through two segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. Its technologies include AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. The Company provides services primarily in Canada, the United States and certain international locations.