Kevin Neveu - Precision Drilling President, Chief Executive Officer, Director
| PDS Stock | USD 67.87 0.57 0.83% |
CEO
Mr. Kevin A. Neveu is President, Chief Executive Officer, Director of Precision Drilling Corporationrationration. Mr. Neveu is President and Chief Executive Officer and a director of Precision Drilling Corporation and has held these positions since joining the company in 2007. Mr. Neveu has 36 years of experience in the oilfield services sector holding technical, marketing, management and senior leadership positions over his career. Previously, Mr. Neveu was President of the Rig Solutions Group of National Oilwell Varco in Houston and held senior management positions with it and its predecessor companies in London, Moscow, Houston, Edmonton and Calgary. Mr. Neveu currently serves as a Director of Finning International and is a former board member of Bonanza Creek Energy and Rig Net. He is also a member of the Advisory Board for the Heart and Stroke Foundation of Alberta, and an Advisor for the University of Calgarys School of Public Policy. Mr. Neveu is a past director and member of the Executive Committee for the International Association of Drilling Contractors since 2009.
| Age | 59 |
| Tenure | 15 years |
| Address | 525?8th Avenue SW, Calgary, AB, Canada, T2P 1G1 |
| Phone | 403 716 4500 |
| Web | https://www.precisiondrilling.com |
Precision Drilling Management Efficiency
The company has Return on Asset of 0.0665 % which means that on every $100 spent on assets, it made $0.0665 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2062 %, implying that it generated $0.2062 on every 100 dollars invested. Precision Drilling's management efficiency ratios could be used to measure how well Precision Drilling manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.1 in 2024, whereas Return On Capital Employed is likely to drop 0.10 in 2024. At this time, Precision Drilling's Total Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 11.2 M in 2024, whereas Intangible Assets are likely to drop slightly above 16.4 M in 2024.Similar Executives
| Found 10 records | CEO Age | ||
| Rune Lundetrae | Borr Drilling | 47 | |
| Patrick Schorn | Borr Drilling | 55 | |
| William Hendricks | Patterson UTI Energy | 59 | |
| John Lindsay | Helmerich and Payne | 63 | |
| Marc Edwards | Diamond Offshore Drilling | 58 | |
| Jeremy Thigpen | Transocean | 49 | |
| Alf Lovdal | Seadrill Limited | 58 | |
| Per Wullf | Seadrill Limited | 55 | |
| Simon Johnson | Seadrill Limited | 53 | |
| Bernie Wolford | Diamond Offshore Drilling | 64 | |
Management Performance
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0665 |
Precision Drilling Leadership Team
Elected by the shareholders, the Precision Drilling's board of directors comprises two types of representatives: Precision Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Precision. The board's role is to monitor Precision Drilling's management team and ensure that shareholders' interests are well served. Precision Drilling's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Precision Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Darren Ruhr, Senior Vice President - Corporate Services | ||
| Catherine Hughes, Independent Director | ||
| Susan MacKenzie, Independent Director | ||
| Kevin Meyers, Independent Director | ||
| BSc BSc, CEO Pres | ||
| William Donovan, Independent Director | ||
| Robert McNally, CFO and Executive VP | ||
| Lavonne Zdunich, Director Relations | ||
| Douglas Evasiuk, Senior Vice President - Sales and Marketing, North America | ||
| Gene Stahl, President of Drilling Operations | ||
| Veronica Foley, Senior Vice President, General Counsel, Corporate Secretary | ||
| Niels Espeland, President of International | ||
| Shuja Goraya, Chief Technology Officer | ||
| Kevin Neveu, President, Chief Executive Officer, Director | ||
| Carey CFA, Chief Officer | ||
| Stephen Letwin, Independent Director | ||
| David Williams, Independent Director | ||
| Ross Pickering, Senior Vice President Global Operations Excellence | ||
| Darcy Falardeau, Vice President - Precision Well Servicing | ||
| Steven Krablin, Independent Chairman of the Board | ||
| Robert Phillips, Independent Chairman of the Board | ||
| Dustin Honing, Manager Development | ||
| Allen Hagerman, Independent Director | ||
| Grant Hunter, Senior Vice President, North American Drilling Operations | ||
| John Goertzen, Ex Officer | ||
| Carey Ford, Chief Financial Officer, Senior Vice President | ||
| Brian Gibson, Independent Director | ||
| Douglas Strong, President of Completion and Production Services | ||
| Kenneth Haddad, Senior Vice President - Business Development | ||
| Michael Culbert, Independent Director | ||
| Roland Marks, VP Operations |
Precision Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Precision Drilling a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0665 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 1.89 B | ||||
| Shares Outstanding | 14.48 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 58.08 % | ||||
| Number Of Shares Shorted | 351.55 K | ||||
| Price To Earning | (6.85) X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Precision Drilling in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Precision Drilling's short interest history, or implied volatility extrapolated from Precision Drilling options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Precision Drilling using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.Note that the Precision Drilling information on this page should be used as a complementary analysis to other Precision Drilling's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Precision Stock analysis
When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Is Precision Drilling's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Precision Drilling. If investors know Precision will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Precision Drilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 37.164 | Earnings Share 14.21 | Revenue Per Share 140.894 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0665 |
The market value of Precision Drilling is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision Drilling's value that differs from its market value or its book value, called intrinsic value, which is Precision Drilling's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Precision Drilling's market value can be influenced by many factors that don't directly affect Precision Drilling's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Precision Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.