Precision Drilling (PDS) Equity Average (2011 - 2024)

Precision Drilling (PDS) reported Equity Average of $1.2 billion for Q2 2024, up 20.68% on a YoY basis from $997.5 million in Q3 2023, and up 1.54% quarter-over-quarter from $1.2 billion in Q1 2024.

Precision Drilling (PDS) Equity Average (2011 - 2024) Analysis & Trends

Precision Drilling has reported Equity Average for 14 years, with the latest figure at $1.2 billion in Q2 2024.

  • For the quarter ending Q2 2024, Equity Average rose 20.68% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2024 stood at $1.2 billion (up 20.68% YoY), and the FY2024 full-year result was $1.2 billion, up 13.34% from the prior year.
  • Equity Average for Q2 2024 stood at $1.2 billion, up from $1.2 billion in the prior quarter.
  • The five-year high for Equity Average was $1.2 billion in Q2 2024, with the low at $937708.4 in Q2 2021.
  • Historically, Equity Average has averaged $926.6 million across 5 years, with a median of $990.8 million in 2023.
  • Annual changes were most pronounced in 2021 — Equity Average sank 99.92% — and 2022, when it soared 99462.06%.
  • Precision Drilling's Equity Average stood at $1.1 billion in 2020, then fell by 9.53% to $984.2 million in 2021, then dropped by 5.93% to $925.9 million in 2022, then gained by 18.24% to $1.1 billion in 2023, then rose by 9.95% to $1.2 billion in 2024.
  • The last three Equity Average figures came in at $1.2 billion (Q2 2024), $1.2 billion (Q1 2024), and $1.1 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 4.57 Bn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 8.15 Bn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 3.19 Bn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 2.67 Bn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 2.85 Bn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 478.08 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 579.83 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 1.21 Bn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 3.17 Bn

Historic Data

Download Data
DateValue
Jun 30, 2024 1.20 Bn
Mar 31, 2024 1.19 Bn
Dec 31, 2023 1.09 Bn
Sep 30, 2023 1.02 Bn
Jun 30, 2023 997.46 Mn
Mar 31, 2023 948.71 Mn
Dec 31, 2022 925.89 Mn
Sep 30, 2022 935.14 Mn
Jun 30, 2022 933.60 Mn
Mar 31, 2022 957.22 Mn
Dec 31, 2021 984.21 Mn
Sep 30, 2021 498.54 Mn
Jun 30, 2021 937,708.35
Mar 31, 2021 539.96 Mn
Dec 31, 2020 1.09 Bn
Sep 30, 2020 1.09 Bn
Jun 30, 2020 1.12 Bn
Mar 31, 2020 1.16 Bn
Dec 31, 2019 1.17 Bn
Sep 30, 2019 1.17 Bn