Precision Drilling expects weak oil demand to continue into 2021 [Toronto Globe and Mail (Ontario, Canada)]
Precision Drilling Corporation (PDS)
Last precision drilling corporation earnings: 4/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
precisiondrilling.com/investor-relations/default.aspx
Company Research
Source: Toronto Globe and Mail
Precision Drilling expects weak oil demand to continue into 2021 Trainees roll pipe off the catwalk during a training session at Precision Drilling in Nisku, Alta., on Jan. 20, 2016. JASON FRANSON/The Canadian Press Trainees roll pipe off the catwalk during a training session at Precision Drilling in Nisku, Alta., on Jan. 20, 2016. Precision Drilling Corp. reported a loss in its first quarter and warned that it expected a significant and sustained drop in customer demand for oil and gas services well into next year as a result of the recent plunge in oil prices. The drilling company says the COVID-19 pandemic and the oil price war between Russia and Saudi Arabia has resulted in the deepest downturn the oil and gas services industry has ever experienced. Precision says it lost $5.3 million or two cents per diluted share for the quarter ended March 31 compared with a profit of $25.0 million or eight cents per diluted share a year earlier. Revenue totalled $379.5 million, down from $4
Show less
Read more
Impact Snapshot
Event Time:
PDS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PDS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PDS alerts
High impacting Precision Drilling Corporation news events
Weekly update
A roundup of the hottest topics
PDS
News
- Precision Drilling (NYSE:PDS) (TSE:PD) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Precision Drilling (NYSE:PDS) (TSE:PD) was upgraded by analysts at Atb Cap Markets to a "strong-buy" rating.MarketBeat
- Precision Drilling (NYSE:PDS) (TSE:PD) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Precision Drilling (NYSE:PDS) (TSE:PD) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Precision Drilling (NYSE:PDS) (TSE:PD) had its price target raised by analysts at Piper Sandler from $74.00 to $79.00. They now have an "overweight" rating on the stock.MarketBeat
PDS
Earnings
- 10/22/25 - Miss
PDS
Sec Filings
- 10/24/25 - Form 6-K
- 10/23/25 - Form 6-K
- 10/23/25 - Form 6-K
- PDS's page on the SEC website