Precision Drilling (PDS) to Release Quarterly Earnings on Wednesday

Precision Drilling (NYSE:PDS) (TSE:PD) is anticipated to announce 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. Interested persons may visit the the company’s upcoming Q3 2025 earningresults 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 posted its quarterly earnings results on Tuesday, July 29th. The oil and gas company reported $0.77 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.79. Precision Drilling had a net margin of 5.67% and a return on equity of 6.21%. The company had revenue of $299.14 million for the quarter, compared to analyst estimates of $435.47 million. 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 Price Performance

NYSE:PDS opened at $54.15 on Monday. Precision Drilling has a one year low of $36.20 and a one year high of $67.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.90 and a current ratio of 1.01. The firm has a market cap of $713.10 million, a price-to-earnings ratio of 11.40 and a beta of 1.11. The firm’s fifty day moving average is $56.51 and its two-hundred day moving average is $50.16.

Institutional Trading of Precision Drilling

A number of hedge funds and other institutional investors have recently made changes to their positions in PDS. Orion Resource Partners LP acquired a new stake in Precision Drilling in the 2nd quarter valued at approximately $642,000. Lighthouse Investment Partners LLC acquired a new stake in Precision Drilling in the 2nd quarter valued at approximately $499,000. Raymond James Financial Inc. acquired a new stake in Precision Drilling in the 2nd quarter valued at approximately $57,000. Creative Planning acquired a new stake in Precision Drilling in the 2nd quarter valued at approximately $378,000. Finally, Geode Capital Management LLC increased its holdings in Precision Drilling by 20.3% in the 2nd quarter. Geode Capital Management LLC now owns 65,512 shares of the oil and gas company’s stock valued at $3,095,000 after purchasing an additional 11,056 shares during the last quarter. Institutional investors and hedge funds own 48.86% of the company’s stock.

Wall Street Analysts Forecast Growth

PDS has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Precision Drilling in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Precision Drilling from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research lowered shares of Precision Drilling from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $74.00 price target (up from $72.00) on shares of Precision Drilling in a research note on Thursday, August 14th. Finally, Royal Bank Of Canada raised their price target 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 investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company 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.