
Precision Drilling Corp
TSX:PD

Gross Margin
Precision Drilling Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
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Precision Drilling Corp
TSX:PD
|
1B CAD |
34%
|
|
CN |
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China Oilfield Services Ltd
SSE:601808
|
41B CNY |
16%
|
|
US |
![]() |
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK |
43%
|
|
US |
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Noble Corp (Cayman Island)
NYSE:NE
|
4.1B USD |
43%
|
|
SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
14.1B SAR |
38%
|
|
BM |
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Valaris Ltd
NYSE:VAL
|
3.2B USD |
0%
|
|
CH |
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Transocean Ltd
NYSE:RIG
|
2.5B USD |
37%
|
|
DK |
M
|
Maersk Drilling A/S
F:72D
|
1.9B EUR |
30%
|
|
US |
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Patterson-UTI Energy Inc
NASDAQ:PTEN
|
2.1B USD |
25%
|
|
SA |
A
|
Arabian Drilling Co
SAU:2381
|
6.9B SAR |
19%
|
|
BM |
![]() |
Seadrill Ltd
NYSE:SDRL
|
1.7B USD |
32%
|
Precision Drilling Corp
Glance View
Precision Drilling Corp. engages in the provision od onshore drilling, completion, and production services to the oil and natural gas industry. The company is headquartered in Calgary, Alberta and currently employs 3,900 full-time employees. The company went IPO on 2010-06-02. The firm's segments include Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. The company provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries. The company provides well completion, workover, abandonment and re-entry preparation services to oil and natural gas exploration and production companies. The company also provides digital technology offerings.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Precision Drilling Corp's most recent financial statements, the company has Gross Margin of 33.8%.