PRECISION DRILLING Ownership

PRE1 Stock  EUR 41.80  0.40  0.97%   
The market capitalization of PRECISION DRILLING is €919.07 Million. Over half of PRECISION DRILLING's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in PRECISION DRILLING. Please watch out for any change in the institutional holdings of PRECISION DRILLING as this could mean something significant has changed or is about to change at the company. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRECISION DRILLING P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in PRECISION Stock please use our How to Invest in PRECISION DRILLING guide.

PRECISION Stock Ownership Analysis

About 55.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 10.15. PRECISION DRILLING last dividend was issued on the 4th of November 2015. The entity had 1:20 split on the 12th of November 2020. Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in North America and the Middle East. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. PRECISION DRILLING operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3500 people. To find out more about PRECISION DRILLING P contact the company at 403 716 4500 or learn more at http://www.precisiondrilling.com.

PRECISION DRILLING Outstanding Bonds

PRECISION DRILLING issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PRECISION DRILLING uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PRECISION bonds can be classified according to their maturity, which is the date when PRECISION DRILLING P has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Currently Active Assets on Macroaxis

Other Information on Investing in PRECISION Stock

PRECISION DRILLING financial ratios help investors to determine whether PRECISION Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PRECISION with respect to the benefits of owning PRECISION DRILLING security.