PD.TO vs. TCW.TO
PD.TO (Precision Drilling Corporation) and TCW.TO (Trican Well Service Ltd.) are both stocks. Both are in the Energy sector — PD.TO in Oil & Gas Drilling, TCW.TO in Oil & Gas Equipment & Services. Over the past 10 years, PD.TO returned 0.04%/yr vs 17.22%/yr for TCW.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
PD.TO vs. TCW.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PD.TO achieves a 39.44% return, which is significantly higher than TCW.TO's 31.87% return. Over the past 10 years, PD.TO has underperformed TCW.TO with an annualized return of 0.04%, while TCW.TO has yielded a comparatively higher 17.22% annualized return.
PD.TO
- 1D
- 3.94%
- 1M
- 9.78%
- YTD
- 39.44%
- 6M
- 45.71%
- 1Y
- 117.09%
- 3Y*
- 31.26%
- 5Y*
- 23.74%
- 10Y*
- 0.04%
TCW.TO
- 1D
- -0.26%
- 1M
- 12.28%
- YTD
- 31.87%
- 6M
- 24.69%
- 1Y
- 82.12%
- 3Y*
- 37.89%
- 5Y*
- 28.11%
- 10Y*
- 17.22%
PD.TO vs. TCW.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PD.TO Precision Drilling Corporation | 39.44% | 12.02% | 22.18% | -30.61% | 132.07% | 113.52% | -42.18% | -23.63% | -37.80% | -47.95% |
TCW.TO Trican Well Service Ltd. | 31.87% | 20.63% | 29.58% | 17.53% | 32.13% | 64.88% | 47.37% | -4.20% | -70.83% | -11.30% |
Correlation
The correlation between PD.TO and TCW.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 1996 | 0.43 |
The correlation between PD.TO and TCW.TO shifts across timeframes, from 0.43 (all time) to 0.57 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PD.TO:
CA$1.78B
TCW.TO:
CA$1.65B
PD.TO:
-CA$1.13
TCW.TO:
CA$0.55
PD.TO:
0.99
TCW.TO:
1.34
PD.TO:
1.10
TCW.TO:
2.34
PD.TO:
CA$1.87B
TCW.TO:
CA$1.17B
PD.TO:
CA$628.52M
TCW.TO:
CA$225.22M
PD.TO:
CA$485.26M
TCW.TO:
CA$265.55M
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Return for Risk
PD.TO vs. TCW.TO — Risk / Return Rank
PD.TO
TCW.TO
PD.TO vs. TCW.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Precision Drilling Corporation (PD.TO) and Trican Well Service Ltd. (TCW.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PD.TO | TCW.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.39 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 5.97 | 4.41 | +1.55 |
| Martin ratioReturn relative to average drawdown | 23.01 | 12.01 | +11.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PD.TO | TCW.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.28 | 2.26 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.72 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | 0.36 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.22 | -0.17 |
Drawdowns
PD.TO vs. TCW.TO - Drawdown Comparison
The maximum PD.TO drawdown since its inception was -99.36%, roughly equal to the maximum TCW.TO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for PD.TO and TCW.TO.
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Drawdown Indicators
| PD.TO | TCW.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -98.19% | -1.17% |
Max Drawdown (1Y)Largest decline over 1 year | -19.54% | -18.90% | -0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -49.00% | -27.68% | -21.32% |
Max Drawdown (5Y)Largest decline over 5 years | -52.69% | -43.72% | -8.97% |
Max Drawdown (10Y)Largest decline over 10 years | -94.78% | -92.08% | -2.70% |
Current DrawdownCurrent decline from peak | -89.31% | -56.72% | -32.59% |
Average DrawdownAverage peak-to-trough decline | -65.62% | -51.60% | -14.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 6.93% | -1.87% |
Volatility
PD.TO vs. TCW.TO - Volatility Comparison
Precision Drilling Corporation (PD.TO) and Trican Well Service Ltd. (TCW.TO) have volatilities of 13.04% and 13.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PD.TO | TCW.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 13.25% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 27.31% | 27.15% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.55% | 36.96% | -1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.51% | 39.51% | +7.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.48% | 48.39% | +9.09% |
Dividends
PD.TO vs. TCW.TO - Dividend Comparison
PD.TO has not paid dividends to shareholders, while TCW.TO's dividend yield for the trailing twelve months is around 2.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PD.TO Precision Drilling Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.12% |
TCW.TO Trican Well Service Ltd. | 2.77% | 3.54% | 3.51% | 3.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 23.44% |
Financials
PD.TO vs. TCW.TO - Financials Comparison
This section allows you to compare key financial metrics between Precision Drilling Corporation and Trican Well Service Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PD.TO vs. TCW.TO - Profitability Comparison
PD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Precision Drilling Corporation reported a gross profit of 81.36M and revenue of 526.05M. Therefore, the gross margin over that period was 15.5%.
TCW.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trican Well Service Ltd. reported a gross profit of 64.10M and revenue of 330.27M. Therefore, the gross margin over that period was 19.4%.
PD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Precision Drilling Corporation reported an operating income of 39.62M and revenue of 526.05M, resulting in an operating margin of 7.5%.
TCW.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trican Well Service Ltd. reported an operating income of 46.01M and revenue of 330.27M, resulting in an operating margin of 13.9%.
PD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Precision Drilling Corporation reported a net income of 17.38M and revenue of 526.05M, resulting in a net margin of 3.3%.
TCW.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trican Well Service Ltd. reported a net income of 30.28M and revenue of 330.27M, resulting in a net margin of 9.2%.
Frequently Asked Questions
PD.TO and TCW.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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