PRECISION DRILLING Corp (PDS)
PRECISION DRILLING Corp reported revenue of CA$1.8B in fiscal 2025, down 3.1% from a year earlier. Net income was CA$1.8M, a net margin of 0.1%. Operating cash flow minus capital spending left CA$149.4M of free cash flow in fiscal 2025. At December 31, 2025 it held CA$85.8M in cash against CA$686.9M of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 9, 2026.
Key facts about PRECISION DRILLING Corp
- Net worth
- PRECISION DRILLING Corp has a market value (market cap) of $1.2B at the latest share price, and shareholders' equity of CA$1.6B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was CA$1.8B (-3.1% year on year), with net income of CA$1.8M.
- Cash flow
- In fiscal 2025 operations brought in CA$412.9M of cash; after CA$263.5M of capital spending, free cash flow was CA$149.4M.
- Latest report
- The latest periodic report (annual report (Canadian issuer), 40-F) was filed with the SEC on March 9, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What PRECISION DRILLING Corp does
PRECISION DRILLING Corp is registered with the SEC under industry code SIC 1381 (Drilling Oil & Gas Wells). Its shares trade on NYSE under the ticker PDS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | CA$1.8B | CA$1.8M | CA$0.14 | CA$149.4M |
| 2024 | CA$1.9B | CA$111.2M | CA$7.81 | CA$265.4M |
| 2023 | CA$1.9B | CA$289.2M | CA$19.53 | CA$275.6M |
| 2022 | CA$1.6B | -CA$34.3M | -CA$2.53 | CA$52.9M |
| 2021 | CA$986.8M | -CA$177.4M | -CA$13.32 | CA$63.3M |
| 2020 | CA$935.8M | -CA$120.1M | -CA$8.76 | CA$164.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PDS ranks in Energy
Latest SEC filings
What PRECISION DRILLING Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 28, 2026
- October 28, 2026
- September 29, 2026
- September 17, 2026
- August 6, 2026Passive stake changed SCHEDULE 13G/A
- July 29, 2026
- July 29, 2026
- July 14, 2026Passive stake (5% or more) SCHEDULE 13G
- July 13, 2026
- June 30, 2026
Insider trades
What the people running PRECISION DRILLING Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns PDS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| FIL Limited13G, passive with 2 related filers | 5.6% | August 6, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5.1% | July 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 135 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| National Bank of Canada | 754,968 | +3,205 |
| FIL Ltd | 719,507 | -311,308 |
| Goldman Sachs Group Inc | 542,651 | +229,396 |
| Hillsdale Investment Management Inc. | 512,747 | +25,313 |
| Aegis Financial Corp | 504,059 | 0 |
| Bank of Montreal | 398,400 | -53,865 |
| Mackenzie Financial Corp | 259,243 | +147,171 |
| Barclays PLC | 353,877 | +279,575 |
| Encompass Capital Advisors LLC | 333,371 | -17,818 |
| Arrowstreet Capital, Limited Partnership | 317,814 | -56,122 |
| Dimensional Fund Advisors LP | 316,987 | +28,974 |
| Morgan Stanley | 239,672 | -5,523 |
| American Century Companies Inc | 233,999 | +97,123 |
| Picton Mahoney Asset Management | 225,739 | +37,940 |
| Two Sigma Investments, LP | 171,317 | -23,929 |
| Driehaus Capital Management LLC | 167,700 | new |
| Quadrature Capital Ltd | 163,109 | +91,818 |
| Bank of America Corp | 159,923 | +45,217 |
| Royal Bank of Canada | 139,813 | +97,812 |
| Hartree Partners, LP | 130,000 | +47,500 |
Insiders
Questions about PDS
What does PRECISION DRILLING Corp do?
PRECISION DRILLING Corp is a company in the Energy sector, listed on NYSE as PDS. Its shares trade on NYSE under the ticker PDS.
What is PRECISION DRILLING Corp's net worth?
PRECISION DRILLING Corp has a market value (market cap) of $1.2B at the latest share price, and shareholders' equity of CA$1.6B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is PRECISION DRILLING Corp profitable?
Yes. In fiscal 2025 it reported net income of CA$1.8M on revenue of CA$1.8B, a net margin of 0.1%.
How much revenue does PRECISION DRILLING Corp make?
In fiscal 2025 PRECISION DRILLING Corp reported revenue of CA$1.8B. That is 3.1% less than a year earlier.
When did PRECISION DRILLING Corp last report?
Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 9, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the planned insider sale from October 29, 2026.
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Where the numbers come from
Financial figures are the values PRECISION DRILLING Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.