Growth Metrics

Precision Drilling (PDS) Restructuring Costs (2015 - 2020)

Precision Drilling posted quarterly Restructuring Costs of $1.5 million for Q3 2020, down 67.76% on a QoQ basis from $4.5 million in Q2 2020.

Precision Drilling (PDS) has 5 years of Restructuring Costs data on file, last reported at $1.5 million in Q3 2020.

  • For the quarter ending Q3 2020, Restructuring Costs changed N/A year-over-year to $1.5 million; the trailing twelve-month figure through Dec 2020 stood at $13.3 million (up 175.26% YoY), and the FY2020 full-year result was $13.9 million, up 185.52% from the prior year.
  • Restructuring Costs for Q3 2020 stood at $1.5 million, down from $4.5 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $7.3 million in Q1 2020 and bottomed at $477912.3 in Q3 2016.
  • The 4-year median for Restructuring Costs is $2.0 million (2016), against an average of $2.8 million.
  • The widest annual swing landed in 2016, when Restructuring Costs sank 81.09%; it then surged 51.27% in 2020.
  • A 4-year view of Restructuring Costs shows it stood at $2.0 million in 2016, then plunged by 55.65% to $902285.1 in 2018, then soared by 436.53% to $4.8 million in 2019, then tumbled by 69.77% to $1.5 million in 2020.
  • The last three Restructuring Costs figures came in at $1.5 million (Q3 2020), $4.5 million (Q2 2020), and $7.3 million (Q1 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

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DateValue
Sep 30, 2020 1.46 Mn
Jun 30, 2020 4.54 Mn
Mar 31, 2020 7.32 Mn
Mar 31, 2019 4.84 Mn
Jun 30, 2018 902,285.09
Dec 31, 2016 2.03 Mn
Sep 30, 2016 477,912.33
Jun 30, 2016 1.25 Mn
Mar 31, 2016 2.51 Mn
Dec 31, 2015 5.32 Mn
Sep 30, 2015 2.53 Mn
Jun 30, 2015 2.50 Mn
Mar 31, 2015 5.80 Mn