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XTSE
PD
Market cap1.08bUSD
Oct 08, Last price  
119.61CAD
1D
0.51%
1Q
5.20%
Jan 2017
-18.30%
IPO
-21.31%
Name

Precision Drilling Corp

Chart & performance

D1W1MN
XTSE:PD chart
P/E
834.58
P/S
0.83
EPS
0.14
Div yield, %
—
Shrs. gr., 5y
-0.56%
Rev. gr., 5y
20.21%
Revenues
1.84b
-3.08%
1,437,583,8771,009,200,5161,101,890,4811,197,446,0001,429,653,0001,951,027,0002,040,741,0002,029,977,0002,350,538,0001,555,624,000951,411,0001,321,224,0001,541,189,0001,541,320,000734,500,000986,847,0001,617,194,0001,937,854,0001,902,328,0001,843,704,000
Net income
2m
-98.34%
579,588,770345,775,151302,729,480161,703,00062,091,000193,477,00052,360,000191,150,00033,152,000-363,436,000-155,555,000-132,036,000-294,270,0006,618,000-94,299,843-177,386,000-34,293,000289,244,000111,195,0001,842,000
CFO
412m
-14.57%
609,743,709484,114,609343,909,665504,729,000305,395,000532,772,000635,286,000428,086,000680,159,000517,016,000122,508,000116,555,000293,334,000288,159,000226,118,000139,225,000237,104,000500,571,000482,083,000411,844,100
Dividend
Nov 04, 20150.07 CAD/sh

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Profile

Precision Drilling Corporation, a Calgary, Canada-based enterprise, provides a full suite of onshore drilling, completion, and production services. The company supports exploration and production firms in the oil and natural gas, as well as geothermal sectors, operating extensively across North America and the Middle East. Its operations are segmented into two core divisions: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services division focuses on onshore well drilling for oil and natural gas exploration and production entities. This encompasses land and turnkey drilling solutions, the sourcing and distribution of oilfield equipment, and the manufacture and repair of drilling and service rig apparatus. As of December 31, 2021, this segment managed a fleet of 227 land drilling rigs, comprising 109 in Canada, 105 in the United States, 6 in Kuwait, 4 in Saudi Arabia, 2 in the Kurdistan region of Iraq, and 1 in Georgia. This advanced fleet included 47 AlphaTM rigs featuring commercial AlphaAutomation, 18 AlphaApps, 4 grid power-capable rigs, and 60 natural gas or bi-fuel powered rigs. The Completion and Production Services segment delivers crucial support for well completion, workover, abandonment, maintenance, and re-entry preparation through its service rigs. This division also supplies wellsite accommodations, offers a range of oilfield surface equipment for lease, and provides camp and catering services to oil and natural gas exploration and production companies. By December 31, 2021, its assets featured 123 well completion and workover service rigs (113 in Canada and 10 in the United States), in addition to 1,900 oilfield rental items including surface storage, small-flow wastewater treatment, power generation, and solids control equipment. Within Canada, this segment also maintained 109 wellsite accommodation units, 943 drill camp beds, 822 base camp beds, and three kitchen diners. Precision Drilling Corporation was founded in 1951.

Key people

Carey Ford
President, Chief Executive Officer, Director · since 2025
Dustin Honing
Chief Financial Officer · since 2025
Gene Stahl
Chief Operating Officer · since 2025
Chief Technology Officer · since 2018
Darren Ruhr
Chief Administrative Officer · since 2018
Veronica Foley
Chief Legal and Compliance Officer · since 2022
Independent Director · since 2008
Independent Chairman of the Board · since 2017
Independent Director · since 2022
Independent Director · since 2017
Independent Director · since 2011
David Williams
Independent Director · since 2018
Independent Director · since 2024
IPO date
Jun 02, 2010
Employees
4,802
Domiciled in
CA
Incorporated in
CA
Headquarters & legal address
525 8th Avenue South West
Calgary, AB T2P 1G1
CA

Valuation

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