Precision Drilling (PDS) Long-Term Investments (2016 - 2026)
Precision Drilling's (PDS) quarterly Long-Term Investments came in at $5.0 million in Q2 2026, down 16.24% YoY from $5.9 million in Q2 2025, and down 8.44% on a QoQ basis from $5.4 million in Q1 2026.
Precision Drilling (PDS) Long-Term Investments (2016 - 2026) Analysis & Trends
Precision Drilling (PDS) has 10 years of Long-Term Investments data on file, last reported at $5.0 million in Q2 2026.
- Quarterly Long-Term Investments fell 16.24% year-over-year to $5.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.0 million (down 16.24% YoY) and the FY2025 annual result came in at $21000.0, down 97.1% from the prior year.
- Long-Term Investments eased to $5.0 million in Q2 2026, from $5.4 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $15.1 million in Q4 2022 to a low of $4.8 million in Q2 2024.
- A 5-year average of $7.6 million and a median of $6.6 million in 2024 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2022 — Long-Term Investments jumped 157.26% — and 2024, when it sank 58.99%.
- Tracing PDS's Long-Term Investments over 5 years: stood at $15.1 million in 2022, then plunged by 51.39% to $7.3 million in 2023, then declined by 17.27% to $6.1 million in 2024, then dropped by 10.44% to $5.4 million in 2025, then decreased by 8.46% to $5.0 million in 2026.
- The last three Long-Term Investments figures came in at $5.0 million (Q2 2026), $5.4 million (Q1 2026), and $5.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | - |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 72.86 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 66.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 10.30 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 4.97 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 139.20 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.97 Mn |
| Mar 31, 2026 | 5.43 Mn |
| Dec 31, 2025 | 5.43 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 5.93 Mn |
| Mar 31, 2025 | 5.94 Mn |
| Dec 31, 2024 | 6.06 Mn |
| Sep 30, 2024 | 4.90 Mn |
| Jun 30, 2024 | 4.77 Mn |
| Mar 31, 2024 | 7.57 Mn |
| Dec 31, 2023 | 7.32 Mn |
| Sep 30, 2023 | 7.94 Mn |
| Jun 30, 2023 | 11.64 Mn |
| Mar 31, 2023 | 12.04 Mn |
| Dec 31, 2022 | 15.07 Mn |
| Sep 30, 2022 | 8.99 Mn |
| Jun 30, 2022 | 7.17 Mn |
| Mar 31, 2022 | 10.22 Mn |
| Dec 31, 2021 | 5.86 Mn |
| Sep 30, 2021 | 6.04 Mn |