Precision Drilling (PDS) Restructuring Costs (2009 - 2020)
Precision Drilling's (PDS) quarterly Restructuring Costs came in at $1.5 million in Q3 2020, down 67.76% on a QoQ basis from $4.5 million in Q2 2020.
Precision Drilling (PDS) Restructuring Costs (2009 - 2020) Analysis & Trends
Precision Drilling (PDS) has 6 years of Restructuring Costs data on file, last reported at $1.5 million in Q3 2020.
- Quarterly Restructuring Costs changed N/A year-over-year to $1.5 million in Q3 2020, while the trailing twelve-month figure through Dec 2020 was $13.3 million (up 175.26% YoY) and the FY2020 annual result came in at $13.5 million, up 177.86% from the prior year.
- Restructuring Costs eased to $1.5 million in Q3 2020, from $4.5 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $157.2 million in Q4 2018 to a low of $543117.1 in Q3 2016.
- A 4-year average of $20.1 million and a median of $2.5 million in 2016 frame the typical range for Restructuring Costs.
- Annual changes were most pronounced in 2016 — Restructuring Costs plunged 78.51% — and 2020, when it surged 51.27%.
- Tracing PDS's Restructuring Costs over 4 years: stood at $543117.1 in 2016, then soared by 28851.3% to $157.2 million in 2018, then tumbled by 96.92% 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 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 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 |
| Dec 31, 2018 | 157.24 Mn |
| Jun 30, 2018 | 902,285.09 |
| Sep 30, 2016 | 543,117.07 |
| 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 |
| Dec 31, 2009 | -32.63 Mn |
| Sep 30, 2009 | -26.78 Mn |