Canada’s Precision Drilling will buy Grey Wolf in a cash and stock deal worth more than $2 billion, apparently ending an extended fight for control the Houston gas driller.

CALGARY — Precision Drilling Corp. says the outlook for its business is improving enough for it to reverse cuts to its ...

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

Gain insights into Precision Drilling's Q1 2025 performance: $496M revenue, cost management focus, debt reduction goals, and growth in Canadian LNG & U.S.

Canadian oil and natural-gas driller Precision Drilling Trust has agreed to acquire U.S. drilling company Grey Wolf Inc. for about $2 billion in cash and stock, ending a long string of offers and ...

Last year, the company achieved an average market share of 9% in the U.S. and 33% in Canada. In addition, Precision has a presence in every major unconventional oil and gas basin in the United States.

Precision Drilling Corp. PDS) on Tuesday reported second-quarter net income of $11.8 million. The Calgary, Alberta-based company said it had net income of 77 cents per share.

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Precision Drilling Corp. (PDS) on Wednesday reported earnings of $24 million in its first quarter. The Calgary, Alberta-based company said it ...

Precision marketed an average United States fleet of 157 rigs during the second quarter of 2009 as compared to a fleet of 17 rigs in 2008 and quarterly revenue increased four-fold.

Company cut $25-million from capital spending program during the first quarter because of a possible dip in demand from the ...