Precision Drilling provides onshore drilling, completion and production services to exploration and production companies in the oil and natural gas and geothermal industries. Co. has two business segments: Contract Drilling Services, which provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries, operating in Canada, the U.S. and internationally; and Completion and Production Services, which provides well completion, workover, abandonment and re-entry preparation services to oil and natural gas exploration and production companies in Canada and the U.S. We show 13 historical shares outstanding datapoints in our coverage of PDS's shares outstanding history.
Understanding the changing numbers of PDS shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PDS versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PDS by allowing them to research PDS shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
