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Precision Drilling ( (TSE:PD) ) has issued an update.
Precision Drilling Corporation announced its 2025 Annual and Special Meeting of Shareholders to be held virtually on May 15, 2025. The company highlighted its successful 2024 performance, achieving strong cash flow, debt reduction, and increased shareholder returns. Precision Drilling’s strategic focus on technology and environmental solutions has positioned it as a market leader, with significant growth in its Canadian and international operations. The company plans to continue enhancing shareholder value through increased capital returns and further debt reduction in 2025.
More about Precision Drilling
Precision Drilling Corporation operates in the oilfield services industry, providing drilling and related services. The company focuses on delivering high-performance, high-value solutions through its Super Series rigs, AlphaTM technologies, and EverGreenTM environmental solutions, primarily serving the North American and international markets.
YTD Price Performance: -24.27%
Average Trading Volume: 112,698
Technical Sentiment Signal: Buy
Current Market Cap: $638.4M
For a thorough assessment of PD stock, go to TipRanks’ Stock Analysis page.