PRE1 Stock Chart & Stats
€74.50
€2.00(3.25%)
At close: 4:00 PM EST
€74.50
€2.00(3.25%)
Day’s Range― - ―
52-Week Range€44.80 - €89.00
Previous CloseN/A
Volume0.00
Average Volume (3M)17.00
Market Cap
€914.71M
Enterprise Value€2.47K
Total Cash (Recent Filing)€41.46M
Total Debt (Recent Filing)€732.07M
Price to Earnings (P/E)―
Beta-0.47
Next Earnings
Oct 22, 2026EPS Estimate
1.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.18
Shares Outstanding12,941,241
10 Day Avg. Volume45
30 Day Avg. Volume17
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
€102.80Price Target Upside37.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)4.71
Revenue Forecast (FY)€1.25B
Bulls Say, Bears Say
Bulls Say
Cash Generation & Positive FCFConsistent operating cash flow (~$413M TTM) and positive free cash flow (~$144M TTM) create a durable internal funding source. This liquidity supports capex, targeted buybacks and debt reduction without reliance on volatile equity markets, cushioning the company through industry cycles.
Improved Leverage And LiquidityMeaningful leverage improvement (debt-to-equity ~0.45 TTM) and reported liquidity (> $502M) materially reduce solvency risk. Lower leverage strengthens financial flexibility to fund reactivations or multi-year contracts, supports management's net-debt-to-EBITDA targets and enables disciplined capital allocation.
Operational Tech & Robotics AdvantageDeployment of Alpha robotic rigs and a new remote operations center delivers structural productivity gains, reducing labor and safety costs while increasing utilization. These automation advantages are scalable, improving long-term unit economics and differentiating service offerings across commodity cycles.
Bears Say
Earnings Volatility & Recent Net LossNet income swung from profitability in 2023–2024 to near-breakeven and a small loss in the TTM period, reflecting volatile bottom-line performance. Persistent earnings swings weaken ROE, reduce predictability of free cash flow for reinvestment or buybacks, and complicate multi-year planning.
U.S. Margin Pressure From ReactivationsReactivation costs (~US$1,500–$2,000/day) have materially depressed U.S. operating margins and are expected to linger while rigs are brought back online. This structural drag limits near-term margin recovery, reducing segment cash conversion and constraining capacity for accelerated debt paydown or higher shareholder returns.
Potential Large CRA Tax ReassessmentA 2018 CRA reassessment with disclosed exposure up to $155M plus interest poses a material legal and cash risk. Required upfront payments to contest could accelerate cash taxes, strain liquidity and disrupt planned debt reduction, buybacks and capital programs over 2026–2027 if amounts become payable.
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 €44.80 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 €914.71M.
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 85 days.
How were Precision Drilling Corp’s earnings last quarter?
Precision Drilling Corp released its earnings results on Jul 29, 2026. The company reported -€0.346 earnings per share for the quarter, missing the consensus estimate of €0.306 by -€0.651.
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 1.37.
How many shares outstanding does Precision Drilling Corp have?
Precision Drilling Corp has 12,941,241 shares outstanding.
What happened to Precision Drilling Corp’s price movement after its last earnings report?
Precision Drilling Corp reported an EPS of -€0.346 in its last earnings report, missing expectations of €0.306. Following the earnings report the stock price went down -8.772%.
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
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€102.80 (37.98% Upside)
€102.80 (37.98% Upside)
Blogger Sentiment
Bullish
DE:PRE1 Sentiment 80%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth €1.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.36%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-2.80%
Trailing 12-Months
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
€102.80
▲(37.98% Upside)
Technical Analysis
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