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| Date | Value |
|---|---|
| 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 |