Precision Drilling Corporation: Business Overview, Financials & Competitive Analysis
Precision Drilling Corporation scores 6/10 on the AskCyborg Cyborg Score (Solid). Solid mid-cap energy services provider with digital differentiation through Alpha technology, facing near-term margin pressure but positioned to benefit from market recovery. The company has a market capitalization of $1.53B and demonstrated resilience in volatile energy markets. However, 2025 revenue declined 3.08% to $1.84B with earnings dropping 98.34%, indicating.
What is Precision Drilling Corporation's industry? Precision Drilling Corporation (precisiondrilling.com) operates in Oil & Gas Equipment & Services - Onshore Drilling. AskCyborg classifies Precision Drilling Corporation under Oil & Gas Equipment & Services - Onshore Drilling in its company registry.
Precision Drilling provides onshore drilling, completion, and production services to the oil and natural gas industry. Founded in 1951 and headquartered in Calgary, Canada, the company operates a substantial fleet of ...
Cyborg Score thesis
Solid mid-cap energy services provider with digital differentiation through Alpha technology, facing near-term margin pressure...
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Get Current Report FreePrecision Drilling Corporation Overview
Pro stress-test →Precision Drilling provides onshore drilling, completion, and production services to the oil and natural gas industry. Founded in 1951 and headquartered in Calgary, Canada, the company operates a substantial fleet of drilling rigs and service equipment across North America and international markets.
Strategic Profile
Pro stress-test →The company is a leading provider of High Performance, High Value services offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results. The company differentiates itself through technological innovation and environmental solutions alongside traditional drilling services.
Competitive Landscape
Pro stress-test →Precision operates through Contract Drilling Services (rig drilling, equipment manufacturing and distribution) and Completion and Production Services (service rigs, equipment rental, camp services). The company competes in the onshore drilling services market with other major service providers including Nabors, Patterson-UTI, and other regional operators.
Industry Context
Precision Drilling Corporation operates in Oil & Gas Equipment & Services - Onshore Drilling.
Key facts
Founded: 1951 · Headquarters: Calgary, Canada · Employees: 5,504 · Revenue: $1.84B · Market cap: $1.53B