PRECISION DRILLING Corp
Close on Oct 19, 2026
About Precision Drilling
Drilling Oil & Gas Wells, SIC 1381
Precision Drilling Corporation operates as a drilling and oilfield services company. The enterprise functions through two primary operating segments, Contract Drilling Services and Completion and Production Services, in addition to an International segment. Its offerings include contract drilling rigs, service rigs, drilling rig power and structural equipment, dynamic machinery, tubular products, and oilfield rental equipment. It delivers these products and equipment options directly to commercial customers through day-rate, hourly, and contracted service structures.
Geographically, the company conducts operations across Canada, the United States, and international locations, supported by entities such as Precision Drilling Canada and Precision Drilling (US) Corporation. It maintains operating facilities, vehicles, and real estate properties across these regional markets. The company is incorporated in Alberta, Canada, and maintains its principal executive headquarters in Calgary, Alberta, while operating an additional corporate office in Houston, Texas.
Summary of the business section of Precision Drilling's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PRECISION DRILLING Corp
- Headquarters
- Calgary, A0
- Address
- 150 - 6th Avenue S.W., Suite 4200 T2P 3Y7
- Phone
- (403) 716-4500
- Employees
- 7,200, Mar 27, 2009
- Industry
- Drilling Oil & Gas Wells
- Incorporated in
- A0
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Calgary, Alberta, Canada
Stock & identifiers
- Ticker
- PDS
- Exchange
- NYSE
- Shares outstanding
- 13M, Dec 31, 2025
- Stock splits
- 1-for-20 reverse, Mar 15, 2021; 1-for-20 reverse, Nov 12, 2020; 2-for-1, Jun 1, 2005; 2-for-1, Oct 15, 1997
- SEC CIK
- 1013605
- CUSIP
- 74022D407
- ISIN
- US74022D4079
- LEI
- 8945003E8R4T2TZ7G795
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
No recent ownership filings by officers or directors
Precision Drilling's leadership is listed in its proxy statement (Form DEF 14A).
Employees
Headcount reported in annual reports
“Precision had over 7,200 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 27, 2026 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 8, 2012 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 4, 2011 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 16, 2010 | Deregistration | Termination of SEC registration (Form 15) |
| Jun 3, 2010 | Name change | Name changed from PRECISION DRILLING TRUST to PRECISION DRILLING Corp |
| Jun 2, 2010 | Delisting | Notice of delisting from exchange (Form 25) |
| Sep 25, 2008 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 10, 2005 | Delisting | Notice of delisting from exchange (Form 25) |
| Nov 4, 2005 | Listing | Registration of securities on an exchange (Form 8-A) |