Precision Drilling Corp. intends to release its 2022 first quarter results before the market opens on Thursday, April 28, 2022, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT on the same day. The conference call dial in numbers are 844-515-9176 or 614-999-9312 or a live webcast is accessible on our website at www.precisiondrilling.com. An archived version of the webcast will be [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. CALGARY, Alberta, March 30, 2022 [...]
Precision Drilling Corp. announced that it has filed its annual disclosure documents with the securities commissions in each of the provinces of Canada and the United States Securities and Exchange Commission . Precision's 2021 Annual Report contains the audited consolidated financial statements and management's discussion and analysis for the year ended December 31, 2021. Precision's financial results for the year ended [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. This news release contains references to Adjusted EBITDA on repurchase of [...]
Precision Drilling Corp. intends to release its 2021 fourth quarter results before the market opens on Thursday, February 10, 2022 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT on the same day. The conference call dial in numbers are 844-515-9176 or 614-999-9312 or a live webcast is accessible on our website at www.precisiondrilling.com An archived version of the webcast will be [...]
Precision Drilling Corp. provides a series of announcements including: 1) An introduction to its capital allocation framework through 2025; 2) 2021 debt reduction and year-end liquidity updates; and 3) Operations update for drilling activity, Alpha™ technologies and EverGreen™ solutions. Capital Allocation Framework Through 2025 Precision's debt reduction plans will continue with the goal of repaying over $400 million in [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. This news release contains references to Adjusted EBITDA on repurchase of [...]
Precision Drilling Corp. intends to release its 2021 third quarter results before the market opens on Thursday, October 21, 2021 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT on the same day. The conference call dial in numbers are 844-515-9176 or 614-999-9312 or a live webcast is accessible on our website at www.precisiondrilling.com. An archived version of the webcast will be [...]
Precision Drilling Corp. announced today that the Toronto Stock Exchange has approved its intention to implement a normal course issuer bid through the facilities of the TSX, the New York Stock Exchange and alternative trading platforms for a portion of its common shares . The NCIB effectively renews the existing NCIB, which is scheduled to terminate on August 26, 2021. Precision believes the NCIB continues to represent [...]
Cathedral Energy Services Ltd. and Precision Drilling Corp. are pleased to announce the closing of Cathedral's acquisition of Precision's directional drilling business for a purchase price of $6,350,000. The Transaction includes operating assets and personnel of Precision's directional drilling business , along with an additional $3 million cash investment by Precision to support growth and expansion of Cathedral [...]
This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. This news release contains references to Adjusted EBITDA, Covenant EBITDA [...]
Precision Drilling Corp. is pleased to announce several key Environmental, Social and Governance accomplishments aligned with our High Performance, High Value strategy and one of our three 2021 strategic priorities to "demonstrate leading ESG performance". Yesterday, Precision released our second annual Corporate Responsibility Report. The report highlights the Company's progress in ESG efforts, and provides an outline of [...]
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