This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For ...

Precision Drilling ( ($TSE:PD) ) has provided an update. Precision Drilling announced its second quarter financial results for 2025, reporting a ...

Precision Drilling Corporation (NYSE:PDS) is one of the best oil drilling stocks according to Hedge Funds, especially after a ...

Outlook For 2025, Precision plans a $225 million capital expenditure, with $175 million allocated for sustaining and infrastructure needs and $50 million for fleet upgrades and expansion. The ...

Precision Drilling Corporation has experienced a 13% increase in drilling activity in the US and Canada, with a growing market share and high utilization of its rig fleet.

International revenue per utilization day was US$47,223 compared to US$51,570 in the third quarter of 2023 due to fewer rig moves and planned rig recertifications completed in 2024.

The golden era of excess is over. For oil drillers, the game is no longer about volume; it’s about surviving in a world where ...

Big fleet Precision, a land-based driller with some exposure to international markets in Argentina, Venezuela and Brazil, has a fleet of 240 drilling rigs and 250 service rigs. The company's ...

Calgary-based Precision Drilling has stuck a C$141 million (US$103 million) deal to acquire CWC Energy Services, in a move that will boost its Canadian and US rig fleet. This is the latest of a ...

Meanwhile, the contractor's Canadian rig fleet peaked at 91 active rigs, almost 50% higher than in the first quarter of 2016. Total drilling days were also up 71% over last year.

This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of ...