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| Date | Value |
|---|---|
| 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 |