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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 ...

6/ 10Solid

Cyborg Score thesis

Solid mid-cap energy services provider with digital differentiation through Alpha technology, facing near-term margin pressure...

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Industry Oil & Gas Equipment & Services - Onshore Drilling
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: October 19, 2026
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Precision Drilling Corporation OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Precision Drilling Corporation Overview

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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

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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

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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

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Precision Drilling Corporation.

  • Recently approved for dual listing on NYSE Texas effective March 2, 2026, while maintaining primary NYSE listing and TSX symbol PD - expanding capital market access
  • Q4 2025 revenue of $479M with Adjusted EBITDA of $126M showed resilience despite lower international activity
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Recent developments

Material events tracked by the AskCyborg corpus.

  • Feb 2026NYSE Texas dual listing approval, effective March 2, 2026
  • Feb 2026Q4 2025 results announced with $479M revenue and $42M net loss including non-cash rig decommissioning charges
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Onshore Drilling ServicesDiversified drilling contractor with global presence→Drilling and Pressure Pumping ServicesOnshore drilling and pressure pumping provider in North America→Oilfield Services and EquipmentWell services and rental equipment provider→

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Industry context

Precision Drilling Corporation operates in Oil & Gas Equipment & Services - Onshore Drilling. See how the rest of the sector scores on the Cyborg framework.

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How AskCyborg research is made

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AI-generated research summary based on public sources; it may contain errors or omissions. Not investment advice. Not reviewed or endorsed by the companies covered. Report an error: legal@askcyborg.com · Terms of Service

Frequently asked questions

What does Precision Drilling Corporation do?+
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 ...
What is Precision Drilling Corporation's Cyborg Score?+
Precision Drilling Corporation has a Cyborg Score of 6/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Precision Drilling Corporation's main competitors?+
Named competitors include Onshore Drilling Services, Drilling and Pressure Pumping Services, Oilfield Services and Equipment. The full competitive landscape is in the AskCyborg report.
How can I get the full Precision Drilling Corporation research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Precision Drilling Corporation research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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