Precision Drilling (PDS) Long-Term Investments (2015 - 2026)
Precision Drilling (PDS) reported Long-Term Investments of $4.97 million for Q2 2026, down 16.2% from $5.93 million a year earlier and down 8.4% from the prior quarter.
Precision Drilling (PDS) Long-Term Investments (2015 - 2026) Analysis & Trends
At the end of FY2025, Precision Drilling posted Long-Term Investments of $5.42 million, down 12.4% from FY2024.
- Long-Term Investments has declined for three consecutive years, with a four-year compound annual growth rate of -2.1% (FY2021 to FY2025).
- By year, Long-Term Investments came in at $6.18 million in FY2024 (-16.3%), $7.39 million in FY2023 (-53.0%), $15.73 million in FY2022 (+167.0%) and $5.89 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Long-Term Investments since Q3 2024.
- Year over year, Long-Term Investments has now declined in each of the last three quarters, with an average decline of 9.0% over the last eight quarters.
- The high point for year-over-year Long-Term Investments in five years was Q4 2022 (growth of 157.3%); the low point was Q2 2024 (a decline of 59.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.43 million (Q1 2026), $5.43 million (Q4 2025) and $5.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 1.69 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 242.60 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 159.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | - |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 139.20 Mn |
| 10 | Precision Drilling | 1.07 Bn | 908.98 Mn | - | 4.97 Mn |
Historic 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 |
Precision Drilling Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "PDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();