Precision Drilling Corporation

Precision Drilling Corporation provides onshore drilling services to exploration and production companies in the oil, natural gas, and geothermal industries globally. Its operations are organized into two segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services, turnkey drilling contracts, procurement and distribution of oilfield supplies, and manufacturing and repair of drilling and service rig equipment. It also provides automation solutions such as AlphaAutomation, AlphaTM, AlphaApps, AlphaAnalytics, and AlphaARMS, along with the EverGreen suite of environmental solutions. The Completion and Production Services segment delivers service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation, as well as equipment rentals and camp and catering services.

Precision Drilling Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol PDS. Its financial reporting and trading are conducted in US Dollars (USD). The company is headquartered in Calgary, Canada, and its primary operations are in Canada and the United States, serving the oil and natural gas and geothermal industries.

Precision Drilling Corporation operates in the Energy sector, specifically within the Oil & Gas Drilling industry. As a drilling company, it focuses on providing onshore drilling services to exploration and production companies. Its activities are central to the extraction of oil and natural gas, as well as geothermal energy, supporting the upstream segment of the energy industry.

Precision Drilling Corporation is headquartered in Calgary, Canada, and was founded in 1951. The company serves exploration and production companies globally, with a primary focus on the oil, natural gas, and geothermal industries. Its operations span Canada and the United States, providing onshore drilling services and related solutions to clients in these key energy markets.

Precision Drilling Corporation generates revenue through two main business segments. The Contract Drilling Services segment earns income by providing onshore well drilling services, turnkey drilling contracts, and the procurement and distribution of oilfield supplies. It also manufactures, sells, and repairs drilling and service rig equipment, and offers automation solutions like AlphaAutomation and the EverGreen suite of environmental solutions. The Completion and Production Services segment generates revenue from service rigs for well completion, workover, abandonment, and maintenance, as well as equipment rentals and camp and catering services for oil and natural gas exploration and production companies.