Precision Drilling (PDS) Current Deferred Revenue (2018 - 2024)
Precision Drilling posted quarterly Current Deferred Revenue of $25.9 million for Q4 2024, down 23.5% year-on-year from $33.8 million in Q1 2024, and down 23.5% on a QoQ basis from $33.8 million in Q4 2023.
Precision Drilling (PDS) has 3 years of Current Deferred Revenue data on file, last reported at $25.9 million in Q4 2024.
- For the quarter ending Q4 2024, Current Deferred Revenue fell 23.5% year-over-year to $25.9 million; the trailing twelve-month figure through Dec 2024 stood at $25.9 million (down 23.5% YoY), and the FY2024 full-year result was $25.9 million, down 23.5% from the prior year.
- Current Deferred Revenue for Q4 2024 stood at $25.9 million, down from $33.8 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $33.8 million in Q4 2023 and bottomed at $25.9 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 25.88 Mn |
| Dec 31, 2023 | 33.83 Mn |
| Jun 30, 2018 | -194,000.00 |