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PDS

Precision Drilling

89.77 USD
+0.51
0.57%
At close Updated Sep 11, 4:00 PM EDT
Pre-market
After hours
90.80
+1.03
1.15%
1 day
0.57%
5 days
-1.38%
1 month
8.13%
3 months
-6.9%
6 months
-3.9%
Year to date
21.84%
1 year
57.82%
5 years
152.8%
10 years
11.93%
 

About: Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.

Employees: 5,245

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 37.5%
Neutral 62.5%
Negative 0%
Positive
Seeking Alpha
9 hours ago
Precision Drilling: U.S. Margin Recovery Could Drive A Rerating
Precision Drilling (PDS) has strengthened its balance sheet, reduced debt, and operates a premium rig fleet with increasing activity, especially in Canada. Q2 revenue grew 11% to C$452.8M, but adjusted EBITDA fell 10% due to reactivation and upgrade costs, highlighting the need for margin recovery, particularly in the U.S. Contracted rigs in both Canada and the U.S. provide greater revenue visibility, but future margin improvement, especially from U.S. rigs, remains a key catalyst and risk.
Precision Drilling: U.S. Margin Recovery Could Drive A Rerating
Positive
MarketBeat
1 month ago
Precision Drilling Q2 Earnings Call Highlights
Precision Drilling NYSE: PDS reported higher second-quarter revenue as record Canadian drilling activity and a rebound in U.S. rig utilization offset weaker international results, while the company said it remains on track to reduce debt and repurchase shares during 2026.
Precision Drilling Q2 Earnings Call Highlights
Neutral
Seeking Alpha
1 month ago
Precision Drilling Corporation (PD:CA) Q2 2026 Earnings Call Transcript
Precision Drilling Corporation (PD:CA) Q2 2026 Earnings Call Transcript
Precision Drilling Corporation (PD:CA) Q2 2026 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
Precision Drilling (PDS) Reports Q2 Loss, Beats Revenue Estimates
Precision Drilling (PDS) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of $0.43. This compares to earnings of $0.77 per share a year ago.
Precision Drilling (PDS) Reports Q2 Loss, Beats Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Precision Drilling Announces 2026 Second Quarter Unaudited Financial Statements
CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, (gain) loss on investments and other assets, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Net Capital Spending, Working Capital and Total Long-Term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.
Precision Drilling Announces 2026 Second Quarter Unaudited Financial Statements
Neutral
GlobeNewsWire
2 months ago
Precision Drilling Corporation Announces Change to Board
CALGARY, Alberta, July 13, 2026 (GLOBE NEWSWIRE) -- Precision Drilling Corporation announced today that Alice Wong has advised the Company that she will step down from the Board of Directors, effective immediately.
Precision Drilling Corporation Announces Change to Board
Neutral
GlobeNewsWire
2 months ago
Precision Drilling Corporation 2026 Second Quarter Results Conference Call and Webcast
CALGARY, Alberta, June 29, 2026 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2026 second quarter results after the market closes on Tuesday, July 28, 2026, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Wednesday, July 29, 2026.
Precision Drilling Corporation 2026 Second Quarter Results Conference Call and Webcast
Positive
Seeking Alpha
2 months ago
Precision Drilling: Exactly Where I Want To Put My Money Now
Precision Drilling earns a Strong Buy rating due to stable, resilient EBITDA near C$500 million and a market cap of C$1.01 billion. PDS's vertically integrated model and focus on high-spec rig upgrades drive lower operating expenses and sustainable reinvestment, with CapEx at 53% of EBITDA. Despite industry rig count declines, PDS increased active rigs in both Canada and the US, positioning for rising LNG and AI-driven energy demand.
Precision Drilling: Exactly Where I Want To Put My Money Now
Neutral
GlobeNewsWire
4 months ago
Precision Drilling Corporation Announces Voting Results from the 2026 Annual Meeting of Shareholders
CALGARY, Alberta, May 14, 2026 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2026 Annual Meeting of Shareholders held on May 14, 2026 (the Annual Meeting). Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors presented in the Company's Management Information Circular (the Circular), dated April 1, 2026.
Precision Drilling Corporation Announces Voting Results from the 2026 Annual Meeting of Shareholders
Neutral
Seeking Alpha
4 months ago
Precision Drilling Corporation (PD:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Precision Drilling Corporation (PD:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Precision Drilling Corporation (PD:CA) Shareholder/Analyst Call Prepared Remarks Transcript
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