PDS Stock Summary and Trading Ideas (Precision Drilling | NYSE:PDS)

Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.

Precision Drilling trades on the NYSE stock market under the symbol PDS.

As of October 30, 2026, PDS stock price declined to $105.80 with 150,565 million shares trading.

PDS has a beta of -0.89, meaning it tends to be less sensitive to market movements. PDS has a correlation of 0.07 to the broad based SPY ETF.

PDS has a market cap of $1.33 billion. This is considered a Small Cap stock.

Last quarter Precision Drilling reported $380 million in Revenue and $1.18 earnings per share. This fell short of revenue expectation by $-282,000 and missed earnings estimates by -$.06.

In the last 3 years, PDS traded as high as $112.03 and as low as $36.20.

The top ETF exchange traded funds that PDS belongs to (by Net Assets): DISV, DFIS, CCNR, DFAX, DFIC.

PDS has outperformed the market in the last year with a price return of +80.4% while the SPY ETF gained +11.0%. PDS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +44.7% and +26.6%, respectively, while the SPY returned +3.9% and -2.1%, respectively.

PDS support price is $104.77 and resistance is $110.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PDS shares will trade within this expected range on the day.