Precision Drilling provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. Co. has two business segments: Contract Drilling Services, which operates Co.'s drilling rigs in Canada, the U.S. and internationally and provides onshore well drilling services to exploration and production companies in the oil and natural gas industry; and Completion and Production Services, which comprises a number of businesses providing completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the U.S. The PDS stock yearly return is shown above.
The yearly return on the PDS stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2015 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PDS annual return calculation with any dividends reinvested as applicable (on ex-dates).
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