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Precision Drilling Corporation (PDS) is an energy company in the petroleum extraction well creation industry, based in Calgary, Canada, with about 5,245 full-time employees.
It reported revenue of 1.90 billion CAD for fiscal year 2024, down 1.8% from fiscal year 2023, and net income of 111.20 million CAD. In Q3 2025 (the quarter ended September 30, 2025) revenue was 462.25 million CAD, down 3.1% from a year before. Its largest business segment, Contract Drilling Services, brought in 85% of segment revenue in fiscal year 2025; Canada was the largest region with 60%. Its market capitalization was $1.06 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2024; market data as of October 9, 2026.
Precision Drilling Corporation, a drilling company, provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments.
Precision Drilling reported 1.90 billion CAD in revenue for fiscal year 2024, down 1.8% from 1.94 billion CAD in fiscal year 2023. In Q3 2025 revenue was 462.25 million CAD.
Contract Drilling Services, with 1.58 billion CAD or 85% of segment revenue in fiscal year 2025. Next: Completion and Production Services (15%).
Canada: 60% of revenue by region in fiscal year 2025, followed by United States (30%).
$1.06 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (petroleum extraction well creation) include Seadrill Limited (SDRL), Borr Drilling Limited (BORR), Nabors Industries Ltd. (NBR), Unit Corporation (UNTC).