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

Precision Drilling (PDS) has reported Restructuring Costs for 5 consecutive years, with $1.5 million the latest figure, recorded 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 retreated to $1.5 million in Q3 2020 per PDS's latest filing, 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.
• Historically, Restructuring Costs has averaged $2.8 million across 4 years, with a median of $2.0 million in 2016.
• The sharpest annual moves came in 2016 and 2020: Restructuring Costs plunged 81.09% in 2016, then soared 51.27% in 2020.
• Over 4 years, Restructuring Costs stood at $2.0 million in 2016, then tumbled by 55.65% to $902285.1 in 2018, then jumped by 436.53% to $4.8 million in 2019, then slumped by 69.77% to $1.5 million in 2020.
• According to Business Quant data, Restructuring Costs over the past three periods registered $1.5 million, $4.5 million, and $7.3 million for Q3 2020, Q2 2020, and Q1 2020 respectively.