Apr. 30 at 3:00 PM
$PDS Q1 '26 Earnings Results & Recap
• Reported GAAP EPS of
$1.34 down -46.83% YoY
• Reported revenue of
$526.05M up 5.99% YoY
• Precision Drilling revised its 2026 capital budget to
$265 million from
$245 million, driven by rig upgrades and higher expected activity in Canada and the U.S., with Q2 Canadian margins expected between
$12,000-
$13,000.
