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

Precision Drilling (PDS) reported Restructuring Costs of $1.5 million for Q3 2020, down 67.76% quarter-over-quarter from $4.5 million in Q2 2020.

Precision Drilling (PDS) Restructuring Costs (2015 - 2020) Analysis & Trends

Precision Drilling has reported Restructuring Costs for 5 years, with the latest figure 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 $13.5 million, up 177.86% from the prior year.
  • Restructuring Costs for Q3 2020 stood at $1.5 million, down from $4.5 million in the prior quarter.
  • The five-year high for Restructuring Costs was $7.3 million in Q1 2020, with the low at $477912.3 in Q3 2016.
  • Historically, Restructuring Costs has averaged $2.8 million across 4 years, with a median of $2.0 million in 2016.
  • Annual changes were most pronounced in 2016 — Restructuring Costs tumbled 81.09% — and 2020, when it surged 51.27%.
  • Precision Drilling's Restructuring Costs stood at $2.0 million in 2016, then sank by 55.65% to $902285.1 in 2018, then surged by 436.53% to $4.8 million in 2019, then plunged 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 156.90 Bn 156.84 Bn 120.82 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn

Historic Data

Download Data
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