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Precision Drilling (PDS) Competitors

$74.56
+1.88 (+2.59%)
(As of 05/31/2024 ET)

PDS vs. HP, HPK, BORR, NBR, ICD, AMNI, VAL, RIG, PTEN, and NOG

Should you be buying Precision Drilling stock or one of its competitors? The main competitors of Precision Drilling include Helmerich & Payne (HP), HighPeak Energy (HPK), Borr Drilling (BORR), Nabors Industries (NBR), Independence Contract Drilling (ICD), American Noble Gas (AMNI), Valaris (VAL), Transocean (RIG), Patterson-UTI Energy (PTEN), and Northern Oil and Gas (NOG). These companies are all part of the "oils/energy" sector.

Precision Drilling vs.

Precision Drilling (NYSE:PDS) and Helmerich & Payne (NYSE:HP) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, community ranking, profitability, valuation, risk, earnings, media sentiment and dividends.

Helmerich & Payne received 91 more outperform votes than Precision Drilling when rated by MarketBeat users. However, 65.58% of users gave Precision Drilling an outperform vote while only 54.52% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Precision DrillingOutperform Votes
602
65.58%
Underperform Votes
316
34.42%
Helmerich & PayneOutperform Votes
693
54.52%
Underperform Votes
578
45.48%

Precision Drilling currently has a consensus price target of $48.00, indicating a potential downside of 35.62%. Helmerich & Payne has a consensus price target of $42.00, indicating a potential upside of 10.35%. Given Helmerich & Payne's higher possible upside, analysts plainly believe Helmerich & Payne is more favorable than Precision Drilling.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Precision Drilling
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
Helmerich & Payne
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90

Precision Drilling has a beta of 2.08, suggesting that its share price is 108% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500.

Helmerich & Payne has a net margin of 12.84% compared to Precision Drilling's net margin of 12.00%. Helmerich & Payne's return on equity of 13.21% beat Precision Drilling's return on equity.

Company Net Margins Return on Equity Return on Assets
Precision Drilling12.00% 10.10% 5.19%
Helmerich & Payne 12.84%13.21%8.31%

48.9% of Precision Drilling shares are held by institutional investors. Comparatively, 96.1% of Helmerich & Payne shares are held by institutional investors. 1.0% of Precision Drilling shares are held by insiders. Comparatively, 4.4% of Helmerich & Payne shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Precision Drilling had 2 more articles in the media than Helmerich & Payne. MarketBeat recorded 2 mentions for Precision Drilling and 0 mentions for Helmerich & Payne. Precision Drilling's average media sentiment score of 0.65 beat Helmerich & Payne's score of 0.00 indicating that Precision Drilling is being referred to more favorably in the media.

Company Overall Sentiment
Precision Drilling Positive
Helmerich & Payne Neutral

Helmerich & Payne has higher revenue and earnings than Precision Drilling. Precision Drilling is trading at a lower price-to-earnings ratio than Helmerich & Payne, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Precision Drilling$1.44B0.75$214.27M$11.386.55
Helmerich & Payne$2.75B1.37$434.10M$3.5010.87

Summary

Helmerich & Payne beats Precision Drilling on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PDS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PDS vs. The Competition

MetricPrecision DrillingDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$1.08B$1.24B$8.49B$17.79B
Dividend YieldN/A3.64%11.64%3.55%
P/E Ratio6.556.1511.4325.81
Price / Sales0.752.7777.8411.40
Price / Cash2.778.799.5718.95
Price / Book0.890.803.005.90
Net Income$214.27M-$199.48M$976.81M$976.46M
7 Day Performance5.33%1.58%1.53%0.62%
1 Month Performance8.34%4.43%5.80%4.79%
1 Year Performance70.58%2.74%9.75%24.00%

Precision Drilling Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
2.9608 of 5 stars
$38.06
+3.1%
$42.00
+10.4%
+19.9%$3.76B$2.75B10.876,200Analyst Revision
HPK
HighPeak Energy
1.5903 of 5 stars
$15.78
+1.0%
$23.60
+49.6%
+22.4%$2.02B$1.11B12.7348Short Interest ↑
High Trading Volume
BORR
Borr Drilling
2.3757 of 5 stars
$6.89
+2.7%
$9.00
+30.6%
-5.9%$1.05B$771.60M40.532,869Dividend Announcement
Short Interest ↓
NBR
Nabors Industries
1.7789 of 5 stars
$74.76
+4.0%
$124.75
+66.9%
-14.6%$799.93M$3.05B-5.4112,000Positive News
ICD
Independence Contract Drilling
0.2268 of 5 stars
$1.45
flat
N/A-47.7%$22.05M$210.11M-0.44450Analyst Forecast
News Coverage
Gap Down
AMNI
American Noble Gas
0 of 5 stars
$0.04
+113.0%
N/A-26.1%$907,000.00$120,000.00-0.293Gap Up
VAL
Valaris
3.3287 of 5 stars
$77.40
+2.4%
$99.20
+28.2%
+27.3%$5.60B$1.78B6.775,985Positive News
RIG
Transocean
2.0484 of 5 stars
$6.20
+5.1%
$7.70
+24.2%
+1.2%$5.08B$2.83B-11.925,800
PTEN
Patterson-UTI Energy
4.8269 of 5 stars
$11.02
+4.2%
$15.67
+42.2%
+7.3%$4.43B$4.15B16.2110,600Options Volume
NOG
Northern Oil and Gas
4.0221 of 5 stars
$40.93
+2.2%
$48.00
+17.3%
+36.8%$4.14B$2.17B6.6338Positive News

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This page (NYSE:PDS) was last updated on 6/2/2024 by MarketBeat.com Staff

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