About Precision Drilling
Precision Drilling is a company based in Calgary (Canada) founded in 1951. It operates as a Managed Services and Technology-as-a-Service. Precision Drilling has completed 2 acquisitions, including Axis Energy Services and CWC Energy Services. Precision Drilling offers products and services including Alpha Suite, EverGreen Suite, and Onshore Drilling Services.
- Annual Revenue$1.34 B (USD)-3.08as on Dec 31, 2025
- Net Profit$1.34 M (USD)-98.34as on Dec 31, 2025
- EBITDA$357.6 M (USD)-6.06as on Dec 31, 2025
- Latest Funding Round$400M (USD), Debt – Conventional
Nov 2017
- Investments & AcquisitionsAxis Energy Services
& 1 more
Products & Services of Precision Drilling
Precision Drilling offers a comprehensive portfolio of products and services, including Alpha Suite, EverGreen Suite, and Onshore Drilling Services.
Automation and AI are used to optimize drilling operations.
Emissions are reduced through smart monitoring and alternative energy.
Onshore drilling services are provided for oil and gas.
Apps and channels of Precision Drilling
its YouTube channel Precision Drilling has 1.08K subscribers and 30 videos.
Videos from Precision Drilling
The most watched videos on Precision Drilling's YouTube channel, Precision Drilling (1.08K subscribers). Click a video to play it here.
More on Precision Drilling.
Funding Insights of Precision Drilling
- Total Rounds 1
- Last Round Debt – Conventional — $400M
- First Round $400M
(Nov 2017)
All 1 funding rounds of Precision Drilling with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $400M | Debt – Conventional | – | – | – |
People of Precision Drilling
1 people are tracked at Precision Drilling (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kevin Neveu | CEO | Leadership |
Complete people profiles for Precision Drilling
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IPO & Listings of Precision Drilling
Precision Drilling is a publicly listed company on the TSX with ticker symbol PD in Canada, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date15 Nov 1996
- Listed onNYSE: PDS
- Listed entityPrecision Drilling Corporation
- Exchange sectorIndustrial services
- ISINCA74022D4075
- Share price120.02 CAD (+0.34% on the day) · 2026-10-09
- Market capitalisation1,505,587,301.00 CAD
- Price to earnings23.3
- EPS (diluted, trailing year)-2.49 CAD
- Volume (last session)30,828
Financials of Precision Drilling
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.84B CAD | 1.8M CAD | 489.6M CAD |
| 2024 | 1.90B CAD | 111.2M CAD | 521.2M CAD |
| 2023 | 1.94B CAD | 289.2M CAD | 611.1M CAD |
| 2022 | 1.62B CAD | -34.3M CAD | 311.6M CAD |
| 2021 | 986.9M CAD | -177.4M CAD | 168.8M CAD |
Detailed financial statements for Precision Drilling
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Precision Drilling
Precision Drilling has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Axis Energy Services and CWC Energy Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Well drilling and servicing company | cwcenergyservices.com | Calgary, Canada | 2000 | Sep 2023 | $103.2M | |
Oil and gas well services are provided through drilling solutions. | axisenergyservices.com | Calgary, Canada | 2023 | Sep 2011 | $79.44M |
Complete acquisition details for Precision Drilling
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Timeline of Precision Drilling
5 dated milestones of Precision Drilling across 72 years, from founding to its latest funding, stage changes and deals.
- Founded Precision Drilling is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Axis Energy Services.
- Funding First funding round of $400.0M.
- Acquisition Acquires CWC Energy Services.
Web traffic of Precision Drilling
The website of Precision Drilling (precisiondrilling.com) receives about 77.8K visits a month and ranks #548,171 among all websites worldwide, #7,759 in Energy Industry.
- Monthly visits77.8K
▲ 52.1% vs previous month
- Unique visitors24.6K
per month
- Global rank#548,171
among all websites
- Category rank#7,759
Heavy Industry and Engineering · Energy Industry
- Bounce rate43%
- Pages per visit3.3
- Average visit1 min 43 sec
- DevicesDesktop 45% · Mobile 55%
Websites whose visitors overlap most with Precision Drilling. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trinidaddrilling.com | 100% | – | – | View details | |
| nabors.com | 100% | 132.4K | #311,609 | View details | |
| noblecorp.com | 100% | 38K | #899,447 | View details | |
| ensignenergy.com | 99% | 20.1K | #1,249,044 | View details | |
toughnecks.com | toughnecks.com | 98% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Precision Drilling
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- 24 similar websites
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Latest news on Precision Drilling
Complete news archive for Precision Drilling
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Similar companies to Precision Drilling
10 companies that operate in the same segment as Precision Drilling (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | – | USD 35.69 B | 110,000 | |
MET Group is engaged in energy trading and renewable production. | 2012 | Zug, Zug, Switzerland | USD 58.74 M | USD 33.52 M | – | |
bp is recognized as a global energy company. | 1909 | United States | – | USD 185.5 B | 100,500 | |
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | – | USD 16.73 B | 14,700 | |
Provider of oil & gas downstream services | 1997 | United States | – | USD 13.55 B | 10,680 | |
Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Frequently Asked Questions about Precision Drilling
Precision Drilling was founded in 1951 and raised its 1st funding round 66 years after it was founded.
Precision Drilling is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Kevin Neveu is the current CEO of Precision Drilling.
Annual revenue of Precision Drilling is $1.34B as on Dec 31, 2025.
Precision Drilling is engaged in providing onshore drilling services for the oil and gas industry across North America and internationally. Operations are supported by advanced technologies like the Alpha suite, which includes automation and AI to optimize drilling efficiency. Environmental impact is addressed through the EverGreen suite, focusing on emission reduction via smart monitoring and alternative energy solutions. Services are extended to well servicing, equipment rentals, and camp and catering solutions. The company operates in multiple sectors within the energy industry, delivering innovative and sustainable drilling solutions.
Precision Drilling offers Alpha Suite, EverGreen Suite, and Onshore Drilling Services.
Yes, Precision Drilling is publicly traded on TSX under the ticker symbol PD.
Precision Drilling has made 2 acquisitions, including Axis Energy Services, and CWC Energy Services.
Precision Drilling operates through Precision Drilling Corporation.