Precision Drilling Corporation reported revenue of USD 479 million for the fourth quarter (Q4) of 2025. Adjusted EBITDA for the period was USD 124.50 million, representing 30.3 percent of revenue. Operating expenses for the quarter totaled USD 274.72 million, while general and administrative expenses were USD 11.06 million. For the full year (FY) 2025, Precision Drilling Corporation allocated USD 176 million to debt reduction and share repurchases and invested USD 263 million in equipment and technology-driven initiatives. Full-year operating expenses amounted to USD 1.05 billion, and general and administrative expenses were USD 41.36 million. Adjusted EBITDA for the year was USD 488.80 million, accounting for 31.0 percent of revenue. During Q4 2025, the company noted higher rig activity in the U.S., partially offset by lower international activity. Precision Drilling Corporation highlighted its position as the second-most-active North American driller, with 123 rigs operating across regions from northern British Columbia to south Texas and from New Mexico to Pennsylvania. The company stated its intention to build on these trends in 2026 and emphasized ongoing investment in equipment and technology to differentiate its services.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Precision Drilling Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9653399-en) on February 11, 2026, and is solely responsible for the information contained therein.