Precision Drilling
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Precision Drilling generated cash of $500,571,000, which is more than the previous year. Cash used in financing activities reached the amount of -$251,966,000 last year. Net change in cash is therefore $32,595,000.
Cash Flow
| 2014 | 680.15M | -629.98M | 329.70M |
|---|---|---|---|
| 2015 | 517.01M | -541.10M | -84.04M |
| 2016 | 122.50M | -213.92M | -218.32M |
| 2017 | 116.55M | -91.15M | -73.78M |
| 2018 | 293.33M | -100.79M | -169.08M |
| 2019 | 288.15M | -74.5M | -231.81M |
| 2020 | 226.11M | -40.51M | -145.62M |
| 2021 | 139.22M | -56.61M | -149.91M |
| 2022 | 237.10M | -144.41M | -113.17M |
| 2023 | 500.57M | -214.78M | -251.96M |
PDS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 21.58M | 40.58M | 108.77M | 74.70M | 96.62M | 65.08M | 115.70M | 444.75M | 491.48M | 80.60M |
Operating activities | ||||||||||
Net income | 289.24M | -34.29M | -177.38M | -120.13M | 6.61M | -294.27M | -132.03M | -155.55M | -363.43M | 33.15M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 297.55M | 279.03M | 282.32M | 316.32M | 333.61M | 365.66M | 377.74M | 391.65M | 486.65M | 448.66M |
Stock-based compensation expense | 6.65M | 60.09M | 31.95M | 17.76M | 19.45M | 0 | 6.79M | 28.31M | 15.59M | 16.19M |
| Deferred income tax benefit | 6.65M | 60.09M | 31.95M | 17.76M | 19.45M | 0 | 6.79M | 28.31M | 15.59M | 16.19M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 500.57M | 237.10M | 139.22M | 226.11M | 288.15M | 293.33M | 116.55M | 122.50M | 517.01M | 680.15M |
Investing activities | ||||||||||
Purchases Of Investments | -5.34M | -617K | -3.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -224.96M | -184.25M | -75.94M | -61.59M | -160.69M | -126.14M | -98.00M | -203.47M | -458.71M | -856.69M |
Acquisitions Net | -28.64M | -10.2M | 13.08M | 21.09M | 90.76M | 24.45M | 14.84M | -12.2M | 9.78M | 0 |
Cash generated by investing activities | -214.78M | -144.41M | -56.61M | -40.51M | -74.5M | -100.79M | -91.15M | -213.92M | -541.10M | -629.98M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 275K | 0 | 1.92M | 93K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -82.00M | -73.14M |
Repurchases of common stock | -29.95M | -10.01M | -4.29M | -11.31M | -25.90M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -222.01M | -112.99M | -831.59M | -284.32M | -205.21M | -168.72M | -62.79M | -677.70M | 0 | -30.67M |
Cash used in financing activities | -251.96M | -113.17M | -149.91M | -145.62M | -231.81M | -169.08M | -73.78M | -218.32M | -84.04M | 329.70M |
Net Change In Cash | 32.59M | -19.00M | -68.18M | 34.07M | -21.92M | 31.54M | -50.62M | -329.05M | -46.72M | 410.87M |
Cash at end of period | 54.18M | 21.58M | 40.58M | 108.77M | 74.70M | 96.62M | 65.08M | 115.70M | 444.75M | 491.48M |
| Data source | Data source | Data source |