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Precision Drilling Corp T.PD

Alternate Symbol(s):  PDS

Precision Drilling Corporation is a Canada-based provider of contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. The Company operates through two segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. Its technologies include AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. The Company provides services primarily in Canada, the United States and certain international locations.


TSX:PD - Post by User

Post by lifeisgood1010on Jan 14, 2025 3:27pm
82 Views
Post# 36403763

CDN drillers ranked by activity levels

CDN drillers ranked by activity levels
Here is an update as of today for the activity levels.

These numbers comes from the riggertalk web site.

As you can see,all the majors players are very active.

And like i wrote previously,this sector won't be affected AT ALL if Trump go ahead and
impose tariffs.

Debt levels 

Here are the numbers as of Q3

Akita 30%
Precision 46%
Ensign 72%


Here is the ranking as of Jan. 14th

Akita:82.35%. 14 of 17 rigs working
Precision: 80.61% 79 of 98 rigs working

Ensign:77.94% 53 of 68 rigs working
Stampede :70.59% 12 of 17 rigs working
Savanna: 53.06% 26 of 49 rigs working
Horizon: 55.88% 19 of 34 rigs working.




Here is the ranking  as of Nov. 25th

Akita:76.5%. 13 of 17 rigs working
Precision: 76.5% 75 of 98 rigs working

Ensign:62.9% 44 of 70 rigs working
Stampede :58.8% 10 of 17 rigs working
Savanna: 43.9% 25 of 57 rigs working
Horizon: 38.2% 13 of 34 rigs working.



Ranking as of Oct. 25th

Akita:76.5%. 13 of 17 rigs working
Ensign:73% 52 of 71 rigs working
Precision: 73% 72 of 98 rigs working
Savanna: 42% 24 of 57 rigs working
Horizon: 33% 12 of 36 rigs working
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