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Precision Drilling Corp (TSE:PD)
:PD
Earnings Data
Report Date
Oct 23, 2025Before Open (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
1.48Last Year’s EPS
2.63Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with strong financial performance, increased drilling activity, and strategic debt reduction. However, there were challenges such as a decline in revenue and well service hours, as well as market oversupply in specific segments.Company Guidance -
Q3 2025
Exceeded Financial Expectations
Precision's Q2 financial results exceeded expectations for adjusted EBITDA, earnings, and cash flow. Adjusted EBITDA was $108 million, and net earnings were $16 million or $1.21 per share.
Strong U.S. Drilling Activity
Increased U.S. drilling activity with an average of 33 rigs in Q2, up by 3 rigs from the previous quarter. Operating days increased by 13%.
Debt Reduction and Share Repurchases
Strong cash flow supported debt reduction of $74 million and share repurchases of $14 million. Since 2022, debt has been reduced by $525 million.
Increased Customer Demand and Contracts
Locked in additional term contracts in North America, with increased customer demand for Super Triple rigs and pad-equipped Super Single rigs.
Improved Outlook and Capital Plan
The outlook for 2025 improved with increased capital spending from $200 million to $240 million, driven by customer demand for rig upgrades.
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 |
|---|---|---|---|
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% |
Oct 29, 2024 | C$79.50 | C$85.09 | +7.03% |
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 Oct 23, 2025, Before Open (Confirmed).
What is Precision Drilling Corp (TSE:PD) earnings time?
Precision Drilling Corp (TSE:PD) earnings time is at Oct 23, 2025, 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 (Q3) is 1.48.