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The latest update is out from Precision Drilling ( (TSE:PD) ).
On March 9, 2026, Precision Drilling Corporation announced it had filed its 2025 annual disclosure documents with securities regulators in all Canadian provinces and with the U.S. Securities and Exchange Commission. The filings, which include the 2025 Annual Report with audited financial statements and management’s discussion and analysis for the year ended December 31, 2025, were made available on SEDAR+, EDGAR via Form 40-F, and the company’s website, and Precision also scheduled its 2026 virtual-only annual shareholder meeting for May 14, 2026 at 10:00 a.m. MDT.
The move formalized previously released 2025 financial results from February 11, 2026, enhancing regulatory transparency and access to detailed performance information for investors and other stakeholders. By confirming the timing and virtual format of the upcoming annual meeting, Precision provided clarity around shareholder engagement while underscoring its ongoing compliance and disclosure practices in both Canadian and U.S. markets.
The most recent analyst rating on (TSE:PD) stock is a Hold with a C$129.00 price target. To see the full list of analyst forecasts on Precision Drilling stock, see the TSE:PD Stock Forecast page.
Spark’s Take on TSE:PD Stock
According to Spark, TipRanks’ AI Analyst, TSE:PD is a Neutral.
The score is supported by strong technical momentum and improved financial health (better profitability and lower leverage versus prior years). Offsetting this are inconsistent bottom-line results (near break-even net income in 2025) and weak/unclear valuation signals due to a highly negative P/E and no dividend yield data.
To see Spark’s full report on TSE:PD stock, click here.
More about Precision Drilling
Precision Drilling Corporation is a Calgary-based oilfield services provider to the energy industry, specializing in High Performance, High Value contract drilling through its extensive fleet of Super Series drilling rigs. The company also offers well service rigs, rental equipment, camps, and technical support, leveraging its Alpha digital automation platform and EverGreen environmental solutions, and is listed on the TSX and NYSE.
Average Trading Volume: 92,409
Technical Sentiment Signal: Buy
Current Market Cap: C$1.6B
See more insights into PD stock on TipRanks’ Stock Analysis page.