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    Oil & Gas Drilling
Precision Drilling Corporation

Precision Drilling Corporation

PD.TO
Precision Drilling CorporationCA flagToronto Stock Exchange
132.13
CAD
+3.09
- -
1.71BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
146.26
160.7
106.23
68.45
90.11
105
106.01
68.19
74.12
119.39
140.89
133.69
138.27
142.7
Basic EPS, GAAP
13.77
2.27
-24.82
-10.61
-9.01
-20.05
0.46
-8.76
-13.32
-2.53
21.03
7.81
0.14
-1.16
Free Cash Flow per Basic Share
-7.76
-12.07
3.98
-5.52
1.27
11.39
8.77
11.99
4.75
3.9
19.91
18.65
11.2
10.98
Dividend per Share
4.19
5
5.6
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
172.46
161.62
131.07
120.54
111.49
91.53
91.27
87.17
76.19
73.69
98.38
98.45
100.48
104.05
Tangible Book Value per Share
150.09
151.66
130.39
119.5
107.56
103.72
102.87
100.49
90.25
89.4
113.3
117.3
118.45
122.99
Basic Weighted Avg Shares
14
15
15
15
15
15
15
14
13
14
14
14
13
13
Sales/Revenue/Turnover
2,030
2,351
1,556
1,003
1,321
1,541
1,541
936
987
1,617
1,938
1,902
1,844
1,873
Operating Margin (%)
15.06
9.57
-10.2
-14.97
-5.51
-0.05
2.88
-3.73
-9.07
2.01
15.69
11.14
5.68
4.37
Depreciation Expense
333
449
487
392
378
377
334
316
282
279
298
309
318
327
Net Income, GAAP
191
33
-363
-156
-132
-294
7
-120
-177
-34
289
111
2
-15
Effective Tax Rate (%)
13.72
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
27.97
94.47
141.54
Profit Margin (%)
9.42
1.41
-23.36
-15.51
-9.99
-19.09
0.43
-12.84
-17.98
-2.12
14.93
5.85
0.1
-0.82
Working Capital
306
654
537
231
232
241
202
175
82
48
137
163
187
208
LT Debt
1,323
1,852
2,181
1,907
1,730
1,706
1,482
1,285
1,153
1,139
972
867
726
713
Total Equity
2,399
2,441
2,121
1,962
1,810
1,558
1,527
1,407
1,226
1,231
1,576
1,682
1,589
1,623
Return on Invested Capital (%)
7.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.93
0.24
-1.38
Return on Capital (%)
7.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.91
0.17
-1.76
Return on Common Equity (%)
8.31
1.39
-16.97
-8.44
-7.76
-19.76
0.5
-9.52
-16.05
-3.41
24.6
8.08
0.13
-1.1

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
18
18
19
LT Borrowings
688
679
664
LT Finance Leases
48
47
50
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
1,073
1,318
1,797

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
450
487
505
Cash, Cash Equivalents & STI
38
86
41
Accounts Receivable, Net
365
274
410
Inventories
- -
- -
53
Total Current Liabilities
285
300
297
Payables & Accruals
267
256
278
ST Debt
18
18
19
Deferred Revenue
- -
27
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.22%
3.36%
-5.54%
Free Cash Flow
73.8%
58.65%
-43.7%
Net Income, GAAP
-310.34%
-227.27%
-98.34%
Sales/Revenue/Turnover
5.78%
16.85%
-3.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
528
429
477
468
1,902
2025
496
407
462
479
1,844
2026
526
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.53
1.44
2.77
1.06
7.81
2025
2.52
1.21
- -
-3.23
0.14
2026
1.34
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Carey Thomas Ford
Full Time Employees
5,504
Sector
Energy
Industry
Oil & Gas Drilling
Address
525–8th Avenue SW Calgary AB Canada T2P 1G1
IPO Date
Jan 18, 2006
Website
precisiondrilling.com
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Business
Precision Drilling Corporation (TSX: PD) is a leading provider of contract drilling and related services to the North American oil and gas industry. The company offers a comprehensive range of services, including land drilling rigs for conventional and unconventional plays; directional and horizontal drilling technologies; automated management systems such as Alpha™ and EverGreen™ for enhanced operational efficiency; well servicing rigs; and complementary services like rental equipment, camp accommodations, and technical support. Precision operates primarily in Canada and the United States, targeting exploration and production companies in key basins such as the Western Canadian Sedimentary Basin and U.S. shale plays, with its headquarters in Calgary, Alberta, Canada, founded in 1951. In recent developments, Precision Drilling has focused on technological advancements and strategic expansions, including the deployment of its next-generation Super Triple™ drilling rigs equipped with AI-driven automation and the expansion of its Alpha™ suite with machine learning capabilities for real-time performance optimization as of 2025. The company secured significant contract renewals and new awards in the Permian and Montney basins, bolstering its backlog amid recovering oilfield activity. Additionally, Precision announced partnerships for low-emission drilling solutions and completed a fleet modernization program, reducing its rig count to a leaner, high-spec fleet of approximately 100 active land rigs while pursuing sustainability initiatives like EverGreen™ power systems.

Company News

APIChat

  • globenewswire.com

    Precision Drilling Announces 2026 First Quarter Unaudited Financial Statements