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
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