Precision Drilling Corporation (FRA:PRE1)
Germany flag Germany · Delayed Price · Currency is EUR
57.00
+3.00 (5.56%)
At close: Dec 4, 2025

Precision Drilling Company Description

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally.

It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil, natural gas, and geothermal industry.

This segment also offers services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and repair of drilling and service rig equipment.

In addition, it operates land drilling rigs in Canada, the United States, and the Middle East. Further, the company offers automation solutions for drilling operations comprising AlphaAutomation, AlphaApps, AlphaAnalytics, and AlphaARMS; and EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreenHydrogen.

The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies.

This segment also operates well completion and workover service rigs. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Precision Drilling Corporation
Country Canada
Founded 1951
Industry Drilling Oil and Gas Wells
Employees 5,504
CEO Carey Ford

Contact Details

Address:
525–8th Avenue, S.W.
Calgary, Alberta T2P 1G1
Canada
Phone 403 716 4500
Website precisiondrilling.com

Stock Details

Ticker Symbol PRE1
Exchange Frankfurt Stock Exchange
Fiscal Year January - December
Reporting Currency CAD
SIC Code 1381

Key Executives

Name Position
Carey Ford Chief Executive Officer
Dustin Honing Chief Financial Officer
Gene Stahl Chief Operating Officer
Lavonne Zdunich Head of Investor Relations