(PDS) Precision Drilling - Ratings and Ratios

Precision Drilling Corporation (NYSE:PDS) stands as a prominent provider of onshore drilling and completion services, catering to the oil, natural gas, and geothermal industries across North America and the Middle East. Established in 1951 and headquartered in Calgary, Canada, the company has cultivated a robust presence, underpinned by its two primary operational segments: Contract Drilling Services and Completion and Production Services.

The Contract Drilling Services segment is integral to PDSs operations, offering land and turnkey drilling services, alongside the procurement and distribution of essential oilfield supplies. This segment also encompasses the manufacturing and repair of drilling equipment, enhancing the companys operational efficiency. PDSs fleet includes rigs deployed in Canada, the U.S., and the Middle East, complemented by digital solutions such as AlphaAutomation, AlphaApps, and AlphaAnalytics, which streamline operations through data-driven insights.

The Completion and Production Services segment further diversifies PDSs offerings, providing critical services for well completion, workovers, and maintenance. This segment also includes equipment rentals and support services like camps and catering, primarily serving clients in Canada and the U.S. Additionally, PDS addresses environmental concerns through its EverGreen suite, offering monitoring, energy solutions, and fuel cell technologies, aligning with the industrys shift towards sustainability.

From a financial perspective, PDS presents an