Precision Drilling (PDS) Depreciation and Depletion (2010 - 2018)
Precision Drilling (PDS) reported Depreciation and Depletion of $4.1 million for Q4 2018, down 38.76% on a YoY basis from $6.6 million in Q4 2017, and down 93.44% quarter-over-quarter from $61.8 million in Q3 2018.
Precision Drilling (PDS) Depreciation and Depletion (2010 - 2018) Analysis & Trends
Precision Drilling has reported Depreciation and Depletion for 9 years, with the latest figure 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 19.29% from the prior year.
- Depreciation and Depletion for Q4 2018 stood at $4.1 million, down from $61.8 million in the prior quarter.
- The five-year high for Depreciation and Depletion was $87.0 million in Q3 2014, with the low at $4.1 million in Q4 2018.
- Historically, Depreciation and Depletion has averaged $52.0 million across 5 years, with a median of $63.3 million in 2017.
- Annual changes were most pronounced in 2015 — Depreciation and Depletion plunged 91.64% — and 2016, when it jumped 847.5%.
- Precision Drilling's Depreciation and Depletion stood at $21.9 million in 2014, then sank by 78.71% to $4.7 million in 2015, then jumped by 40.55% to $6.5 million in 2016, then increased by 1.09% to $6.6 million in 2017, then tumbled 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 | 156.90 Bn | 156.84 Bn | 120.82 Mn | - |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.27 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 162.30 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 42.50 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 42.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |