Security
Precision Drilling Corporation · PD
PDTSXCommon stockCurrentCIK 1013605Updated Oct 30, 2026
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TSX:PD on TradingView ↗About the company
Precision is a leading provider of safe, efficient, and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. As we mark our 75th anniversary in 2026, Precision continues to build on a legacy of operational excellence, innovation, and disciplined execution. Precision offers an industry-leading digital technology portfolio known as AlphaTM technologies that leverages advanced automation software and analytics to generate more efficient, predictable, and repeatable results for our customers. Our drilling services are further enhanced by our EverGreenTM suite of environmental solutions, which bolsters our commitment to reducing the environmental impact of our operations. Additionally, Precision's services include a broad range of well service rigs, camps, and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.
In the news
Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual Meeting of Shareholders ↗
Precision Drilling Corporation Announces Dual Listing on NYSE Texas ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · CADSource
Source
Source
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Profit or LossCAD | 3,094,000Source | 111,330,000Source | 289,244,000Source | -34,293,000Source |
| Additional Financial Items | ||||
| AdjustmentsForCurrentTaxOfPriorPeriodCAD | 2,343,000Source | -3,036,000Source | -4,945,000Source | 1,718,000Source |
| AdjustmentsForFinanceCostsCAD | 57,197,000Source | 69,753,000Source | 83,414,000Source | 87,813,000Source |
| AdjustmentsForIncomeTaxExpenseCAD | 52,827,000Source | 43,229,000Source | -23,465,000Source | 20,150,000Source |
| AdjustmentsForUnrealisedForeignExchangeLossesGainsCAD | -1,654,000Source | 2,442,000Source | -866,000Source | 638,000Source |
| IncreaseDecreaseInWorkingCapitalCAD | 22,526,000Source | -18,711,000Source | 32,838,000Source | 45,890,000Source |
| InterestPaidClassifiedAsOperatingActivitiesCAD | 63,491,000Source | 72,241,000Source | 83,037,000Source | 85,678,000Source |
| InterestReceivedClassifiedAsOperatingActivitiesCAD | 1,234,000Source | 1,967,000Source | 1,176,000Source | 310,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesCAD | 14,867,000Source | 13,271,000Source | 9,423,000Source | 7,134,000Source |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesCAD | 39,038,000Source | 30,395,000Source | 23,841,000Source | 37,198,000Source |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesCAD | 24,000Source | 51,000Source | 1,789,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseCAD | 114,440,000Source | 132,421,000Source | 122,188,000Source | 180,988,000Source |
| Total RevenueCAD | 1,843,704,000Source | 1,902,328,000Source | 1,937,854,000Source | 1,617,194,000Source |
| Additional Financial Items | ||||
| ApplicableTaxRatenumber | 0.24Source | 0.24Source | 0.24Source | 0.24Source |
| BasicEarningsLossPerShareCAD/shares | 0.14Source | 7.81Source | 21.03Source | -2.53Source |
| CurrentTaxExpenseIncomeCAD | 3,307,000Source | 7,470,000Source | 4,494,000Source | 4,362,000Source |
| DeferredTaxExpenseIncomeCAD | 49,520,000Source | 35,759,000Source | -27,959,000Source | 15,788,000Source |
| DeferredTaxExpenseIncomeRecognisedInProfitOrLossCAD | 49,520,000Source | 35,759,000Source | -27,959,000Source | 15,788,000Source |
| DepreciationAndAmortisationExpenseCAD | 317,904,000Source | 309,314,000Source | 297,557,000Source | 279,035,000Source |
| DepreciationRightofuseAssetsCAD | 9,804,000Source | 9,674,000Source | 8,300,000Source | 7,265,000Source |
| DilutedEarningsLossPerShareCAD/shares | 0.14Source | 7.81Source | 19.53Source | -2.53Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesCAD | -18,202,000Source | -42,828,000Source | -32,063,000Source | -133,647,000Source |
| FinanceCostsCAD | 57,197,000Source | 69,753,000Source | 83,414,000Source | 87,813,000Source |
| IncomeTaxExpenseContinuingOperationsCAD | 52,827,000Source | 43,229,000Source | -23,465,000Source | 20,150,000Source |
| InterestExpenseOnLeaseLiabilitiesCAD | 4,125,000Source | 4,245,000Source | 3,784,000Source | 2,934,000Source |
| PostemploymentBenefitExpenseDefinedContributionPlansCAD | — | — | — | 11,000,000Source |
| ProfitLossAttributableToNoncontrollingInterestsCAD | 1,252,000Source | 135,000Source | — | — |
| ProfitLossAttributableToOwnersOfParentCAD | 1,842,000Source | 111,195,000Source | — | — |
| ProfitLossBeforeTaxCAD | 55,921,000Source | 154,559,000Source | 265,779,000Source | -14,143,000Source |
| ProfitLossFromOperatingActivitiesCAD | — | — | 611,118,000Source | 311,605,000Source |
| RevenueFromInterestCAD | 1,618,000Source | 2,220,000Source | 1,392,000Source | 323,000Source |
Filing attachments
pds-ex99_1.htm · 6-K · 2026-04-01
Exhibit 99.1 Exhibit 99.1 NOTICE OF OUR 2026 ANNUAL MEETING OF SHAREHOLDERS WHAT: 2026 Annual Meeting of Shareholders (the Meeting) of Precision Drilling Corporation WHEN: Thursday, May 14, 2026, at 10:00 a.m. Mountain Daylight Time (MDT) WHERE: Virtual-only Meeting via live audio webcast online at https://meetnow.global/M9JFRVX ──────────────────────────────────────────────────────────────────────────────────────── This year, we will be holding the Meeting in a virt…
Read attachment ↗pds-ex99_1.htm · 6-K · 2026-03-09
Exhibit 99.1 PRECISION DRILLING Throughout this Annual Report, the terms, we, us, our, Corporation, Company, Precision and Precision Drilling mean Precision Drilling Corporation and our subsidiaries and include any partnerships of which we are a part. Information in the Annual Report is as of March 6, 2026, unless specified otherwise. All amounts are in Canadian dollars unless specified otherwise. TABLE OF CONTENTS i Corporate Information i Board of Directors i…
Read attachment ↗pds-ex99_1.htm · 40-F · 2026-03-09
PRECISION DRILLING ANNUAL INFORMATION FORM Throughout this Annual Information Form (AIF), the terms, we, us, our, Corporation, Company, Precision and Precision Drilling mean Precision Drilling Corporation and, where indicated, all our consolidated subsidiaries and any partnerships of which we and/or our subsidiaries are a part. Information in the AIF is as of December 31, 2025 unless specified otherwise. All amounts are in Canadian dollars unless specified otherwise. TABLE OF CONTENTS 1 …
Read attachment ↗pds-ex99_2.htm · 40-F · 2026-03-09
Exhibit 99.2 ABOUT PRECISION Precision is a leading provider of safe, efficient, and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. As we mark our 75th anniversary in 2026, Precision continues to build on a legacy of operational excellence, innovation, and disciplined execution. Precision offers an industry-leading digital technology portfolio known as AlphaTM technologie…
Read attachment ↗