Precision Drilling (NYSE: PDS) hits capital allocation targets, updates ops

Rhea-AI Filing Summary

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.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number: 001-14534

Precision Drilling Corporation
(Translation of registrant's name into English)

800, 525 - 8 Avenue S.W.
Calgary, Alberta
Canada T2P 1G1
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Precision Drilling Corporation
		(Registrant)
Date: January 6, 2026		/s/ Dustin D Honing
		Dustin D Honing
		Chief Financial Officer

Exhibit		DESCRIPTION
99.1		PRECISION DRILLING MEETS ANNUAL CAPITAL ALLOCATION TARGETS AND PROVIDES FINANCIAL AND OPERATIONAL UPDATES

FAQ

What did Precision Drilling (PDS) report in its January 2026 Form 6-K?

Precision Drilling reported that it met its annual capital allocation targets and provided additional financial and operational updates in an attached exhibit.

Who signed the January 2026 Form 6-K for Precision Drilling (PDS)?

The Form 6-K was signed by Dustin D Honing, who serves as the company’s Chief Financial Officer.

What exhibit is included with Precision Drilling’s January 2026 Form 6-K?

The filing includes Exhibit 99.1, titled “PRECISION DRILLING MEETS ANNUAL CAPITAL ALLOCATION TARGETS AND PROVIDES FINANCIAL AND OPERATIONAL UPDATES.”

What type of annual report filing framework does Precision Drilling (PDS) use?

Precision Drilling uses the Form 40-F framework for its annual reports as indicated in the Form 6-K.

What is the significance of the capital allocation update for Precision Drilling (PDS)?

The filing indicates that Precision Drilling achieved its annual capital allocation goals and is sharing related financial and operational information, highlighting how it deployed capital over the period.