Precision Drilling Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 52 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very low.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 113.76.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.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
52 / 97
Overall Ranking
177 / 4521
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
Neutral
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 0.96, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 0.00 shares, decreasing 100.00% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.17.
Analyst Rating
Based on
6
analysts
Buy
Current Rating
113.760
Target Price
+53.71%
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.