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
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 |
| 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 |