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Precision Drilling (TSX:PD) Growth Rank : 7 (As of May. 04, 2024)


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What is Precision Drilling Growth Rank?

Precision Drilling has the Growth Rank of 7.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Precision Drilling's Growth Rank

For the Oil & Gas Drilling subindustry, Precision Drilling's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Precision Drilling's Growth Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Precision Drilling's Growth Rank distribution charts can be found below:

* The bar in red indicates where Precision Drilling's Growth Rank falls into.



Precision Drilling Growth Rank Related Terms

Thank you for viewing the detailed overview of Precision Drilling's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Precision Drilling (TSX:PD) Business Description

Traded in Other Exchanges
Address
150 6th Avenue SW, Suite 4200, Calgary, AB, CAN, T2P3Y7
Precision Drilling Corpd is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.

Precision Drilling (TSX:PD) Headlines