Growth Metrics

Precision Drilling (PDS) Equity Average (2009 - 2024)

Precision Drilling posted quarterly Equity Average of $1.2 billion for Q2 2024, up 20.68% year-on-year from $997.5 million in Q3 2023, and up 1.54% on a QoQ basis from $1.2 billion in Q1 2024.

Precision Drilling (PDS) has 16 years of Equity Average data on file, last reported 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 14.42% from the prior year.
  • Equity Average for Q2 2024 stood at $1.2 billion, up from $1.2 billion in the prior quarter.
  • Across five years, Equity Average topped out at $1.2 billion in Q2 2024 and bottomed at $547755.0 in Q3 2021.
  • The 5-year median for Equity Average is $977.3 million (2022), against an average of $871.2 million.
  • The widest annual swing landed in 2021, when Equity Average slumped 99.95%; it then surged 170621.78% in 2022.
  • A 5-year view of Equity Average shows it stood at $1.1 billion in 2020, then slumped by 55.31% to $486.2 million in 2021, then soared by 90.43% to $925.9 million in 2022, then gained by 18.24% to $1.1 billion in 2023, then climbed 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 157.47 Bn 157.41 Bn 120.82 Mn -
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 4.57 Bn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 8.15 Bn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 3.19 Bn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 2.67 Bn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 2.85 Bn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 478.08 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 579.83 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 1.18 Bn

Historic Data

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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 486.22 Mn
Sep 30, 2021 547,755.03
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
Jun 30, 2019 1.18 Bn
Mar 31, 2019 1.18 Bn
Dec 31, 2018 1.25 Bn
Sep 30, 2018 1.80 Bn
Jun 30, 2018 1.85 Bn
Mar 31, 2018 1.43 Bn
Dec 31, 2017 1.45 Bn
Sep 30, 2017 1.44 Bn
Jun 30, 2017 1.44 Bn
Mar 31, 2017 1.47 Bn
Dec 31, 2016 1.49 Bn
Sep 30, 2016 1.54 Bn
Jun 30, 2016 1.54 Bn
Mar 31, 2016 1.55 Bn
Dec 31, 2015 1.71 Bn
Sep 30, 2015 1.90 Bn
Jun 30, 2015 2.00 Bn
Mar 31, 2015 2.08 Bn
Dec 31, 2014 2.24 Bn
Sep 30, 2014 2.30 Bn
Jun 30, 2014 2.27 Bn
Mar 31, 2014 2.28 Bn
Dec 31, 2013 2.24 Bn
Sep 30, 2013 2.21 Bn
Jun 30, 2013 1.13 Bn
Mar 31, 2013 1.11 Bn
Dec 31, 2012 2.25 Bn
Sep 30, 2012 2.28 Bn
Jun 30, 2012 2.24 Bn
Mar 31, 2012 2.16 Bn
Dec 31, 2011 2.12 Bn
Sep 30, 2011 2.11 Bn
Jun 30, 2010 2.60 Bn
Mar 31, 2010 2.64 Bn
Jun 30, 2009 2.22 Bn
Mar 31, 2009 2.01 Bn