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Precision Drilng SEC Filings

PDS NYSE

Welcome to our dedicated page for Precision Drilng SEC filings (Ticker: PDS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Precision Drilling Corporation (PDS) SEC filings page provides access to the company’s regulatory disclosures as a foreign private issuer serving the Drilling Oil and Gas Wells industry. Headquartered in Calgary, Alberta and listed on the NYSE under PDS and the TSX under PD, Precision Drilling files annual reports on Form 40-F and furnishes current information on Form 6-K with the U.S. Securities and Exchange Commission.

Through these filings, investors can review management’s discussion and analysis, consolidated financial statements, certifications of the Chief Executive Officer and Chief Financial Officer, and other material documents such as notices of change of auditor and amendments to credit agreements. Periodic 6-K filings also include news releases on quarterly results, capital allocation updates, Normal Course Issuer Bids, and operational developments across Precision’s Super Series drilling rig fleet and Completion and Production Services segment.

On Stock Titan, each new 6-K or 40-F from Precision Drilling is captured in real time from EDGAR and paired with AI-powered summaries that explain the key points in clear language. These summaries help users quickly understand topics such as segment performance, rig utilization trends, capital spending on rig upgrades, debt levels, and share repurchase activity, without having to read every page of the underlying documents.

In addition to financial reporting, this filings page is a resource for tracking governance and compliance-related disclosures, including officer certifications and other regulatory correspondence. By combining the raw SEC filings with concise AI explanations, the page supports investors, analysts, and researchers who want to understand how Precision Drilling’s drilling, completion, and production services business is reflected in its official U.S. and Canadian reporting.

Rhea-AI Summary

Precision Drilling Corporation has received approval for a dual listing of its common shares on NYSE Texas, a fully electronic equities exchange based in Dallas. Trading on NYSE Texas under the same “PDS” ticker is expected to begin on March 2, 2026.

The company will maintain its primary listing on the New York Stock Exchange and its Toronto Stock Exchange listing under the symbol “PD”. This dual listing provides investors with another U.S. trading venue while leaving existing listings unchanged.

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Rhea-AI Summary

Precision Drilling Corporation filed a report outlining key dates and details for its upcoming annual meeting of security holders. The record date for notice and voting is March 25, 2026, and the meeting will be held as a virtual meeting on May 14, 2026.

The company will use notice-and-access for both registered and beneficial holders, with no stratification criteria. Precision Drilling will not send proxy materials directly to non-objecting beneficial owners but will pay for delivery to objecting beneficial owners.

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Rhea-AI Summary

A shareholder of PDS has filed a notice of proposed sale of 12,000 common shares through broker Charles Schwab & Co. on the NYSE, with an approximate sale date of 02/17/2026 and an aggregate market value of 1059120.00.

The filing notes that these 12,000 common shares were acquired on 12/13/2023 as equity compensation, with the same date shown as the payment date and the nature of payment also described as equity compensation. Shares of the same class outstanding were 13,779,502 at the time referenced.

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Rhea-AI Summary

Precision Drilling reported fourth quarter 2025 revenue of $478.5M, up 2% year over year, and Adjusted EBITDA of $126.4M, up 5%. The quarter swung to a net loss attributable to shareholders of $42.2M versus earnings of $14.8M a year earlier, driven by a non-cash $67M charge to decommission 31 drilling rigs and a $17M drill pipe write-down.

For 2025, revenue was $1.84B (down 3%), Adjusted EBITDA was $489.6M (down 6%), and net earnings attributable to shareholders were $1.8M compared with $111.2M in 2024. The company reduced long-term debt to $679.3M, cutting debt by $101M and ending with a Net Debt to Adjusted EBITDA ratio of 1.2 times and working capital of $186.8M.

Precision repurchased $76M of shares in 2025, shrinking basic weighted average shares by 6%. For 2026, it plans capital spending of $245M, target debt reduction of $100M, and to allocate up to 50% of free cash flow before debt repayments to share repurchases, while maintaining strong rig utilization in Canada, the U.S., and the Middle East.

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Rhea-AI Summary

Precision Drilling Corp received a Schedule 13G filing showing that FIL Limited and affiliated entities beneficially own 850,331 shares of its common stock, representing 6.5% of the class as of 12/31/2025. FIL Limited reports sole dispositive power over these shares and limited sole voting power.

Pandanus Partners, L.P. and Pandanus Associates, Inc. are also listed as reporting persons with the same 850,331 shares and 6.5% stake. The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of Precision Drilling. One or more other persons may receive dividends or sale proceeds, but no such person holds more than five percent of the outstanding common stock.

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Precision Drilling Corporation furnished a Form 6-K indicating that it has met its annual capital allocation targets and is providing related financial and operational updates. These updates are contained in an attached exhibit titled “Precision Drilling Meets Annual Capital Allocation Targets and Provides Financial and Operational Updates,” offering investors additional detail on the company’s recent performance and capital deployment.

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Precision Drilling Corporation submitted a Form 6-K as a foreign private issuer for January 2026. The filing confirms it files annual reports under Form 40-F and is signed by Chief Financial Officer Dustin D Honing. The report mainly forwards an exhibit announcing the company’s 2025 fourth quarter and year-end results conference call and webcast.

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Precision Drilling Corporation filed a Form 6-K as a foreign private issuer. The report announces a change of auditor and includes related correspondence from the successor and former auditors.

The submission lists three exhibits: 99.1 Notice of Change of Auditor, 99.2 letter from successor auditor, and 99.3 letter from former auditor.

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FAQ

What is the current stock price of Precision Drilng (PDS)?

The current stock price of Precision Drilng (PDS) is $86.94 as of February 27, 2026.

What is the market cap of Precision Drilng (PDS)?

The market cap of Precision Drilng (PDS) is approximately 1.1B.

PDS Rankings

PDS Stock Data

1.11B
12.54M
Oil & Gas Drilling
Energy
Link
Canada
Calgary

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