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Precision Drilling Corp. (TSE:PD)
TSX:PD
Earnings Data
Report Date
Feb 05, 2026Before Open (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
2.16Last Year’s EPS
1.06Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with strong operational performance and strategic initiatives in place. Despite a few challenges, especially in Canadian drilling activity and contract churn, the company's technological advancements, leadership transition, and financial metrics indicate a robust position for future growth.Company Guidance
Leadership Transition and Strategic Continuity
Precision Drilling announced the retirement of Kevin Neveu and the appointment of Carey Ford as CEO. The leadership transition involved promoting internal candidates, ensuring continuity and stability in management.
Debt Reduction and Capital Allocation
The company achieved its debt reduction target, reducing debt by $101 million, and is on track to allocate 35% to 45% of free cash flow to share buybacks, having repurchased $54 million worth of shares.
Operational Growth in U.S.
U.S. drilling activity increased with an average of 36 rigs, up by 3 rigs from the previous quarter, due to strong performance in gas-weighted basins.
Capital Budget Increase
The capital budget for 2025 was increased by $20 million to $260 million, allowing for 5 additional contracted rig upgrades, indicating strong demand projections.
Technological Advancements
Precision's technology initiatives, such as the Alpha and EverGreen platforms, are showing positive results with 90% of active Super Triple rigs running Alpha technology.
Strong Financial Metrics
Adjusted EBITDA was $118 million, equating to $129 million before share-based compensation, and daily operating margins were resilient, within prior guidance ranges.
TSE:PD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:PD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Oct 22, 2025 | C$78.83 | C$82.26 | +4.35% |
Jul 29, 2025 | C$72.47 | C$77.45 | +6.87% |
Apr 23, 2025 | C$58.97 | C$59.78 | +1.37% |
Feb 12, 2025 | C$80.35 | C$79.04 | -1.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Precision Drilling Corp. (TSE:PD) report earnings?
Precision Drilling Corp. (TSE:PD) is schdueled to report earning on Feb 05, 2026, Before Open (Confirmed).
What is Precision Drilling Corp. (TSE:PD) earnings time?
Precision Drilling Corp. (TSE:PD) earnings time is at Feb 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PD EPS forecast?
TSE:PD EPS forecast for the fiscal quarter 2025 (Q4) is 2.16.