Precision Drilling

Precision Drilling Corp is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.

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Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- &#34;buy low and sell high.&#34; Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by &#34;buying high and selling higher.&#34;

Despite Fast-Paced Momentum, Precision Drilling Is Still a Bargain Stock

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Precision Drilling sees a surge in shares as Q4 results reveal C$506.9 million in revenues, driven by increased North American and international activity, with adjusted EBITDA hitting C$151.2 million. CEO Kevin Neveu outlines a bullish outlook, anticipating a 40% Y/Y increase in international rig count, driven by term contracts in Kuwait and Saudi Arabia. The company aims to reduce debt and allocate significant portions of free cash flow to share repurchases.

Precision Drilling Shares Are Rocketing Today: What&#39;s Going On?

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U.S. stocks traded higher, with the Dow Jones gaining around 100 points on Friday. Here are some big stocks recording gains in today’s session.

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Press Releases

Precision Drilling Corporation 2024 Fourth Quarter and Year-End Results Conference Call and Webcast

Precision Drilling Announces 2024 Fourth Quarter and Year End Unaudited Financial Results

General

Precision Drilling Corporation Announces Filing of Annual Disclosure Documents

Precision Drilling Corporation 2025 First Quarter Results Conference Call and Webcast

Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual and Special Meeting of Shareholders

Precision Drilling Announces 2025 First Quarter Unaudited Financial Results

Precision Drilling Corporation Holding Virtual-Only 2025 Annual and Special Meeting of Shareholders on May 15

Precision Drilling Corporation Announces Voting Results from the 2025 Annual and Special Meeting of Shareholders

Commodities

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

EnerCom Announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th Annual EnerCom Denver - The Energy Investment Conference

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Precision Drilling

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