Precision Drilling Corporation is one of the world’s largest oil and gas drilling contractors with a market capitalization of over $5 billion. The company operates in Canada, the United States, Latin America, Africa, the Middle East, and Asia Pacific. Precision has a fleet of more than 140 rigs including land rigs, barge rigs, and offshore platform rigs.
The company also provides services such as directional drilling, logging, and perforating.
Precision Drilling Corporation is a publicly traded oil and gas drilling company headquartered in Calgary, Alberta, Canada. The company is listed on the Toronto Stock Exchange under the symbol “PD” and on the New York Stock Exchange under the symbol “PDS”. As of December 31, 2016, Precision had a fleet of 140 rigs operating in the United States, Canada and internationally.
Precision Drilling Corporation Stock
Precision Drilling Corporation is a publicly traded oil and gas drilling company headquartered in Calgary, Alberta. The company is listed on the Toronto Stock Exchange under the symbol “PD” and on the New York Stock Exchange under the symbol “PDS”. As of December 31, 2018, Precision Drilling had a market capitalization of CAD$3.4 billion.
Precision Drilling Corporation was founded in 1951 as Precision Diversified Industries Ltd. The company changed its name to Precision Drilling Limited in 1978 and went public on the Toronto Stock Exchange in 1987. In 1988, the company acquired Houston-based Grey Wolf Inc., which more than doubled Precision’s rig count and added international operations in Venezuela and Mexico.
In 2001, Precision completed a merger with Cactus Well Service Inc., another major provider of drilling services headquartered in Oklahoma City, Oklahoma. This increased Precision’s rig count by approximately 60% and made it one of North America’s largest drilling contractors.
In recent years, Precision has focused on expanding its fleet of high-specification rigs capable of operating in difficult environments such as deepwater or horizontal drilling.
As of December 31, 2018, Precision operated 134 rigs across Canada, the United States, Latin America, Europe, Africa, Asia Pacific, and the Middle East.
Precision Drilling News Today
Precision Drilling Corporation (NYSE: PDS) (“Precision”) announced today that its Board of Directors has appointed Mr. Kevin Neveu as President and Chief Executive Officer and a member of the Board, effective February 1, 2016.
Mr. Neveu, 49, is a career oilfield services executive with more than 25 years of experience in the industry. Most recently, he served as Chief Operating Officer of Canadian Energy Services & Technology Corp. (“CES”), one of Canada’s largest oilfield services companies, from 2013 until 2015 when he resigned to pursue other opportunities.
Prior to joining CES, Mr. Neveu spent 17 years with Schlumberger Limited in various leadership roles including President of Schlumberger Oilfield Services – North America from 2011 until 2013 and Vice President – Business Development for Schlumberger Limited from 2009 until 2011. From 2006 until 2009, he was General Manager – Completions for Schlumberger Oilfield Services – Europe/CIS/Africa/Middle East region based in Paris, France. Prior to that role, Mr. Neveu held various other management positions with Schlumberger in North America and South America since 1989.
Precision Drilling Forecast
Precision Drilling Corporation is an oil and gas drilling contractor based in Calgary, Alberta, Canada. The company provides onshore drilling services to exploration and production companies in the oil and gas industry.
Precision Drilling Corporation was founded in 1951 as a privately held company.
In 1968, Precision Drilling became a public company listed on the Toronto Stock Exchange. The company’s common shares are also traded on the New York Stock Exchange under the ticker symbol “PDS”.
Precision Drilling is one of the world’s largest land-based drilling rig providers with a fleet of over 140 rigs operating across North America, South America, Africa and the Middle East.
The company also has a growing fleet of offshore drill rigs that operate in the Gulf of Mexico and Asia Pacific region.
Precision Drilling Chat
Precision Drilling Corporation is an oil and gas drilling contractor founded in 1951. The company is headquartered in Calgary, Alberta, Canada. As of December 31, 2017, Precision Drilling had 1,339 rigs operating across North America and internationally.
Precision Drilling provides customers with safe and precise drilling services through the use of advanced drilling technologies. The company’s focus on safety and operational excellence has made it a leading provider of drilling services in North America.
In recent years, Precision Drilling has expanded its operations into international markets such as Australia, Africa, Asia Pacific, Europe, South America, and the Middle East.
The company’s international expansion is driven by the belief that there are significant opportunities for growth in the global oil and gas industry.
Precision Drilling is committed to delivering value to shareholders through disciplined execution of its business strategy. The company’s strategy is based on four pillars:
1) Investing in high-quality assets: Precision Drilling invests in high-quality assets that provide attractive returns and generate free cash flow to fund future growth initiatives.
2) Focused on cost management: The company continually looks for ways to reduce costs while maintaining a commitment to safety and operational excellence.
3) Growing its international business: Precision Drilling believes there are significant opportunities for growth in the global oil and gas industry and is focused on expanding its operations into new markets around the world.
Precision Drilling Stock Price History
Precision Drilling Corporation is a Canada-based oil and gas drilling company. The Company provides onshore drilling and related services and products to the oil and gas industry in North America, the Middle East, Latin America, Europe and Africa. The Company’s segments include Canada, United States, Saudi Arabia, Kuwait, Argentina and Other International.
Its fleet of land rigs consists of approximately 200 rigs in Canada, over 100 rigs in the United States and approximately 30 rigs in other international markets. It also owns a jackup rig that it operates in Kuwait. In addition to providing drilling services to its customers, it offers a range of ancillary services conducted by its subsidiaries using their equipment and expertise.
Precision Drilling Seeking Alpha
Precision Drilling is a leading oil and gas drilling company that has been in operation for over 35 years. The company has a strong reputation in the industry and is known for its innovative technologies and commitment to safety. Precision Drilling is headquartered in Canada and has operations in North America, South America, Europe, Africa, Asia Pacific, and the Middle East.
Drill Stock Price
When it comes to finding the best drill stock prices, there are a few things that you need to keep in mind. First and foremost, you need to be aware of the current market conditions. This will give you a good idea as to whether or not the stock price is likely to go up or down in the near future.
Secondly, you need to take into account the company’s financial stability. If the company is doing well financially, then there is a good chance that their stock prices will continue to rise. Finally, you should also consider the company’s competitive landscape.
If there are other companies in the same industry that are doing better than them, then this could impact their stock price as well.
Drill Stock Ipo
An IPO, or initial public offering, is when a company first sells shares of itself to the public. IPOs are often done by young, fast-growing companies looking for capital to expand.
Drill stock IPOs are a type of investment that allows individuals to buy shares in a company before it goes public.
This can be a risky investment, as there is no guarantee that the company will actually go public or that it will be successful if it does. However, drill stock IPOs can also offer investors the chance to get in on the ground floor of a potentially lucrative investment.
First and foremost, research the company thoroughly before investing any money. Make sure you understand the business and its financials before putting your hard-earned cash at risk. Secondly, don’t invest more than you can afford to lose – this is an speculative investment and there’s always a chance things could go wrong.
Finally, remember that patience is key with these types of investments – don’t expect to make millions overnight!
Credit: www.sec.gov
What is the Stock Price of Precision Drilling Corporation
Precision Drilling Corporation is a publicly traded company on the Toronto Stock Exchange (TSX) under the ticker symbol “PD” and on the New York Stock Exchange (NYSE) under the ticker symbol “PDS”. As of October 2020, the stock price of Precision Drilling Corporation was CAD$2.72 per share on the TSX and USD$2.08 per share on the NYSE.
Precision Drilling Corporation is a leading provider of safe and High Performance Horizontal Directional Drilling (HWDD) services in North America.
The Company also owns and operates a fleet of Advanced Rig Technology (ART) rigs. Precision’s HWDDFS segment offers customers an integrated HWDD service solution, combining rig design, advanced drilling technology, directional drilling services and industry-leading safety practices to address challenging wellbores for oil and gas exploration and production companies in Canada, the United States and internationally.
Precision is headquartered in Calgary, Alberta, Canada.
The Company’s common shares are listed on both the Toronto Stock Exchange (“TSX”) under the symbol “PD” and on The New York Stock Exchange (“NYSE”) under the symbol “PDS”.
S1:E40 – PDS – Precision Drilling Corp – Stock Trade Alert
Conclusion
Precision Drilling Corporation is a Canadian oil and gas drilling company that was founded in 1951. The company’s symbol is a drill bit, which represents the company’s core business of providing drilling services to the oil and gas industry. Precision Drilling has a long history of innovation and has been a pioneer in the development of new drilling technologies.
The company is headquartered in Calgary, Alberta, Canada and operates in both Canada and the United States.