PRE1 Stock Chart & Stats
€69.50
€0.00(0.00%)
At close: 4:00 PM EDT
€69.50
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€45.40 - €89.00
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€988.99M
Enterprise Value€2.04K
Total Cash (Recent Filing)€66.29M
Total Debt (Recent Filing)€697.02M
Price to Earnings (P/E)―
Beta-0.58
Next Earnings
Oct 22, 2026EPS Estimate
1.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.48
Shares Outstanding12,746,458
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio-7.16
Price to Book (P/B)0.83
Price to Sales (P/S)0.71
P/FCF Ratio8.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€100.03Price Target Upside43.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)4.71
Revenue Forecast (FY)€1.27B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationPositive operating and free cash flow provide internal funding for maintenance capital, debt reduction, and selective growth investment. Cash conversion has remained supportive even when reported earnings were weak, giving Precision greater resilience through cyclical drilling conditions and reducing reliance on external financing.
Improved Balance SheetMeaningfully lower leverage improves financial flexibility and reduces balance-sheet risk for a cyclical drilling contractor. A healthier capital structure can help Precision sustain operations during softer activity, fund targeted fleet upgrades, and retain more cash for shareholder returns as conditions improve.
Expanding Activity And Contract CoverageGrowth in contracted rigs and customers strengthens revenue visibility beyond spot activity and demonstrates broader commercial relationships. A larger contract book can support fleet utilization, improve operating consistency, and reinforce Precision’s competitive position with producers across its principal markets.
Bears Say
Material Profitability DeteriorationThe swing from strong profitability to a small TTM loss indicates that earnings power has weakened despite relatively stable revenue. Lower margins reduce retained cash available for investment and debt repayment, while making results more sensitive to dayrates, utilization, costs, and customer spending.
U.S. Margin PressureReactivating rigs is currently absorbing part of the benefit from higher U.S. activity, leaving margins below prior levels. Although management expects improvement toward roughly US$10,000 in Q4, continued cost pressure could limit near-term EBITDA recovery and weaken returns on deployed equipment.
CRA Reassessment ExposureA substantial tax reassessment could create accelerated cash obligations and reduce funds available for capital spending, debt reduction, or buybacks. The potential payment is material relative to the company’s cash generation, adding financial uncertainty even with improved leverage and reported liquidity.
Precision Drilling News
PRE1 FAQ
What was Precision Drilling Corp.’s price range in the past 12 months?
Precision Drilling Corp. lowest stock price was €45.40 and its highest was €89.00 in the past 12 months.
What is Precision Drilling Corp.’s market cap?
Precision Drilling Corp.’s market cap is €988.99M.
When is Precision Drilling Corp.’s upcoming earnings report date?
Precision Drilling Corp.’s upcoming earnings report date is Oct 22, 2026 which is in 38 days.
How were Precision Drilling Corp.’s earnings last quarter?
Precision Drilling Corp. released its earnings results on Jul 29, 2026. The company reported -€0.343 earnings per share for the quarter, missing the consensus estimate of €0.303 by -€0.646.
Is Precision Drilling Corp. overvalued?
According to Wall Street analysts Precision Drilling Corp.’s price is currently Undervalued.
Does Precision Drilling Corp. pay dividends?
Precision Drilling Corp. does not currently pay dividends.
What is Precision Drilling Corp.’s EPS estimate?
Precision Drilling Corp.’s EPS estimate is 1.3.
How many shares outstanding does Precision Drilling Corp. have?
Precision Drilling Corp. has 12,746,458 shares outstanding.
What happened to Precision Drilling Corp.’s price movement after its last earnings report?
Precision Drilling Corp. reported an EPS of -€0.343 in its last earnings report, missing expectations of €0.303. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Precision Drilling Corp.?
Currently, no hedge funds are holding shares in DE:PRE1
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Precision Drilling Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€100.03 (43.93% Upside)
€100.03 (43.93% Upside)
Blogger Sentiment
Bullish
DE:PRE1 Sentiment 67%
Sector Average 60%
Sector Average 60%
Insider Transactions
Sold Shares
Worth €588.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
57.82%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-4.39%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Precision Drilling Corp.
Precision Drilling Corporation, a Calgary, Canada-based enterprise, provides a full suite of onshore drilling, completion, and production services. The company supports exploration and production firms in the oil and natural gas, as well as geothermal sectors, operating extensively across North America and the Middle East. Its operations are segmented into two core divisions: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services division focuses on onshore well drilling for oil and natural gas exploration and production entities. This encompasses land and turnkey drilling solutions, the sourcing and distribution of oilfield equipment, and the manufacture and repair of drilling and service rig apparatus. As of December 31, 2021, this segment managed a fleet of 227 land drilling rigs, comprising 109 in Canada, 105 in the United States, 6 in Kuwait, 4 in Saudi Arabia, 2 in the Kurdistan region of Iraq, and 1 in Georgia. This advanced fleet included 47 AlphaTM rigs featuring commercial AlphaAutomation, 18 AlphaApps, 4 grid power-capable rigs, and 60 natural gas or bi-fuel powered rigs. The Completion and Production Services segment delivers crucial support for well completion, workover, abandonment, maintenance, and re-entry preparation through its service rigs. This division also supplies wellsite accommodations, offers a range of oilfield surface equipment for lease, and provides camp and catering services to oil and natural gas exploration and production companies. By December 31, 2021, its assets featured 123 well completion and workover service rigs (113 in Canada and 10 in the United States), in addition to 1,900 oilfield rental items including surface storage, small-flow wastewater treatment, power generation, and solids control equipment. Within Canada, this segment also maintained 109 wellsite accommodation units, 943 drill camp beds, 822 base camp beds, and three kitchen diners. Precision Drilling Corporation was founded in 1951.
PRE1 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed clear operational progress and execution against strategic priorities — notable revenue growth (Q2 +11%), record Canadian rig activity, expanded contracts and customers, robotics and remote operations advancements, strong cash from operations and active debt reduction — all of which support a positive trajectory. Offsetting items include a decline in EBITDA versus prior year, a small net loss, U.S. margin pressure from reactivation costs, international rate softness and a material tax reassessment risk from the CRA. Management provided forward guidance for margin recovery into Q4, reaffirmed capital discipline (full‑year CapEx $265M) and balance sheet targets, and highlighted liquidity and buyback plans, suggesting confidence in execution despite near-term headwinds.View all DE:PRE1 earnings summariesPRE1 Stock 12 Month Forecast
Average Price Target
€100.03
▲(43.93% Upside)
Technical Analysis
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