Growth Metrics

Precision Drilling (PDS) Depreciation and Depletion (2009 - 2018)

Precision Drilling posted quarterly Depreciation and Depletion of $4.1 million for Q4 2018, down 38.76% year-on-year from $6.6 million in Q4 2017, and down 93.44% on a QoQ basis from $61.8 million in Q3 2018.

Precision Drilling (PDS) has 10 years of Depreciation and Depletion data on file, last reported at $4.1 million in Q4 2018.

  • For the quarter ending Q4 2018, Depreciation and Depletion fell 38.76% year-over-year to $4.1 million; the trailing twelve-month figure through Dec 2018 stood at $134.6 million (down 32.47% YoY), and the FY2018 full-year result was $18.4 million, down 20.96% from the prior year.
  • Depreciation and Depletion for Q4 2018 stood at $4.1 million, down from $61.8 million in the prior quarter.
  • Across five years, Depreciation and Depletion topped out at $87.0 million in Q3 2014 and bottomed at $4.1 million in Q4 2018.
  • The 5-year median for Depreciation and Depletion is $63.3 million (2017), against an average of $52.0 million.
  • The widest annual swing landed in 2015, when Depreciation and Depletion slumped 91.64%; it then jumped 847.5% in 2016.
  • A 5-year view of Depreciation and Depletion shows it stood at $21.9 million in 2014, then plunged by 78.71% to $4.7 million in 2015, then surged by 40.55% to $6.5 million in 2016, then rose by 1.09% to $6.6 million in 2017, then slumped by 38.76% to $4.1 million in 2018.
  • The last three Depreciation and Depletion figures came in at $4.1 million (Q4 2018), $61.8 million (Q3 2018), and $62.2 million (Q2 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (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 1.27 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 162.30 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 - 37.80 Mn

Historic Data

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DateValue
Dec 31, 2018 4.05 Mn
Dec 31, 2018 4.05 Mn
Sep 30, 2018 61.77 Mn
Sep 30, 2018 61.77 Mn
Jun 30, 2018 62.15 Mn
Jun 30, 2018 62.15 Mn
Dec 31, 2017 6.62 Mn
Dec 31, 2017 6.62 Mn
Sep 30, 2017 64.31 Mn
Sep 30, 2017 64.31 Mn
Jun 30, 2017 63.26 Mn
Jun 30, 2017 63.26 Mn
Mar 31, 2017 65.10 Mn
Mar 31, 2017 65.10 Mn
Dec 31, 2016 6.55 Mn
Dec 31, 2016 6.55 Mn
Sep 30, 2016 66.47 Mn
Sep 30, 2016 66.47 Mn
Jun 30, 2016 67.04 Mn
Jun 30, 2016 67.04 Mn
Mar 31, 2016 61.40 Mn
Mar 31, 2016 61.40 Mn
Dec 31, 2015 4.66 Mn
Dec 31, 2015 4.66 Mn
Sep 30, 2015 86.85 Mn
Sep 30, 2015 86.85 Mn
Jun 30, 2015 7.08 Mn
Jun 30, 2015 7.08 Mn
Mar 31, 2015 83.97 Mn
Mar 31, 2015 83.97 Mn
Dec 31, 2014 21.88 Mn
Dec 31, 2014 21.88 Mn
Sep 30, 2014 87.01 Mn
Sep 30, 2014 87.01 Mn
Jun 30, 2014 84.66 Mn
Jun 30, 2014 84.66 Mn
Mar 31, 2014 83.63 Mn
Mar 31, 2014 83.63 Mn
Dec 31, 2013 75.97 Mn
Dec 31, 2013 75.97 Mn
Sep 30, 2013 72.60 Mn
Sep 30, 2013 72.60 Mn
Jun 30, 2013 61.99 Mn
Jun 30, 2013 61.99 Mn
Mar 31, 2013 73.20 Mn
Mar 31, 2013 73.20 Mn
Dec 31, 2012 79.05 Mn
Dec 31, 2012 79.05 Mn
Sep 30, 2012 7.67 Mn
Sep 30, 2012 7.67 Mn
Jun 30, 2012 6.04 Mn
Jun 30, 2012 6.04 Mn
Mar 31, 2012 8.02 Mn
Mar 31, 2012 8.02 Mn
Mar 31, 2011 64.22 Mn
Mar 31, 2011 64.22 Mn
Dec 31, 2010 43.04 Mn
Dec 31, 2010 43.04 Mn
Sep 30, 2010 38.99 Mn
Sep 30, 2010 38.99 Mn
Jun 30, 2010 4.43 Mn
Jun 30, 2010 4.43 Mn
Mar 31, 2010 50.30 Mn
Mar 31, 2010 50.30 Mn
Dec 31, 2009 30.20 Mn
Dec 31, 2009 30.20 Mn
Sep 30, 2009 23.33 Mn
Sep 30, 2009 23.33 Mn
Jun 30, 2009 3.17 Mn
Jun 30, 2009 3.17 Mn
Mar 31, 2009 30.55 Mn
Mar 31, 2009 30.55 Mn