Precision Drilling (PDS) to Release Quarterly Earnings on Wednesday

Precision Drilling (NYSE:PDS) (TSE:PD) is expected to be announcing its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.95 per share and revenue of $471.3840 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, October 23, 2025 at 1:00 PM ET.

Precision Drilling (NYSE:PDS) (TSE:PD) last released its quarterly earnings data on Tuesday, July 29th. The oil and gas company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.79. The company had revenue of $299.14 million for the quarter, compared to the consensus estimate of $435.47 million. Precision Drilling had a return on equity of 6.21% and a net margin of 5.67%. On average, analysts expect Precision Drilling to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Precision Drilling Stock Up 1.0%

NYSE PDS opened at $54.75 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33. The stock’s 50 day moving average is $56.51 and its two-hundred day moving average is $50.26. The company has a market capitalization of $721.08 million, a price-to-earnings ratio of 11.53 and a beta of 1.11. Precision Drilling has a 1-year low of $36.20 and a 1-year high of $67.35.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PDS. Cubist Systematic Strategies LLC bought a new position in Precision Drilling in the 1st quarter worth approximately $45,000. Raymond James Financial Inc. bought a new position in Precision Drilling in the 2nd quarter worth approximately $57,000. Creative Planning bought a new position in Precision Drilling in the 2nd quarter worth approximately $378,000. Lighthouse Investment Partners LLC bought a new position in Precision Drilling in the 2nd quarter worth approximately $499,000. Finally, Orion Resource Partners LP bought a new position in Precision Drilling in the 2nd quarter worth approximately $642,000. Institutional investors own 48.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on PDS shares. Piper Sandler reaffirmed an “overweight” rating and set a $74.00 price objective (up from $72.00) on shares of Precision Drilling in a report on Thursday, August 14th. Wall Street Zen upgraded shares of Precision Drilling from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of Precision Drilling in a research note on Wednesday, October 8th. Zacks Research cut shares of Precision Drilling from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Finally, Royal Bank Of Canada lifted their target price on shares of Precision Drilling from $89.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Precision Drilling has a consensus rating of “Moderate Buy” and an average price target of $87.00.

About Precision Drilling

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.