Is PRECISION DRILLING Corp (PDS) Halal?

NYSE Energy Canada $1.3B
✗ NOT HALAL
Confidence: 90/100
PRECISION DRILLING Corp (PDS) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 75.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. PRECISION DRILLING Corp operates in the Energy sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 75.1%
/ 30%
6.2%
/ 30%
32.0%
/ 30%
0.12%
/ 5%
✗ NOT HALAL
DJIM 75.1%
/ 33%
6.2%
/ 33%
32.0%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
MSCI 30.0%
/ 33%
2.5%
/ 33%
12.8%
/ 33%
0.12%
/ 5%
✓ HALAL
S&P 75.1%
/ 33%
6.2%
/ 33%
32.0%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
FTSE 30.0%
/ 33%
2.5%
/ 33%
12.8%
/ 50%
0.12%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
1008.1
Forward: 14.0
EPS
$0.10
P/B Ratio
1.1
EV/EBITDA
4.1
EV: $2.0B
Revenue
$1.9B
Growth: 2.2%
Beta
1.6
High volatility
Current Ratio
1.6

Profitability

Gross Margin 32.8%
Operating Margin 7.9%
Net Margin 0.1%
Return on Equity (ROE) 0.2%
Return on Assets (ROA) 3.8%

Cash Flow & Balance Sheet

Operating Cash Flow$482M
Free Cash Flow$265M
Total Debt$744M
Debt-to-Equity46.8
Current Ratio1.6
Total Assets$2.7B

Price & Trading

Last Close$101.69
50-Day MA$87.56
200-Day MA$65.49
Avg Volume126K
Beta1.6
52-Week Range
$36.20
$103.80

About PRECISION DRILLING Corp (PDS)

CEO
Mr. Carey Thomas Ford C.F.A.
Employees
5,245
Sector
Energy
Industry
Oil & Gas Drilling
Country
Canada
Exchange
NYSE
Market Cap
$1.3B
Currency
USD

Precision Drilling Corporation, a drilling company, provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil, natural gas, and geothermal industry. This segment also offers services, including turnkey drilling contracts; and procurement and distribution of oilfield supplies, as well as manufacture, sale, and repair of drilling and service rig equipment. In addition, the company offers automation solutions for drilling operations comprising AlphaAutomation, AlphaTM, AlphaApps, AlphaAnalytics, and AlphaARMS; and EverGreen suite of environmental solutions. The Completion and Production Services segment provide service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment also operates well completion and workover services. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

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Frequently Asked Questions

Is PRECISION DRILLING Corp (PDS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PRECISION DRILLING Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is PRECISION DRILLING Corp's debt ratio?

PRECISION DRILLING Corp's debt ratio is 75.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 30.0%.

What are PRECISION DRILLING Corp's key financial metrics?

PRECISION DRILLING Corp has a market capitalization of $1.3B, trailing P/E ratio of 1008.1, and revenue of $1.9B. The company maintains a gross margin of 32.8% and a net margin of 0.1%. Return on equity stands at 0.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.