Precision Drilling Announces 2026 Second Quarter Unaudited Financial Statements

July 29, 2026 - 06:06

CALGARY, Alberta, July 28, 2026 -- Precision Drilling Corporation has published its unaudited financial results for the second quarter of 2026. The report includes certain financial measures and ratios, such as Adjusted EBITDA, which are used to provide a clearer picture of the company's operational performance.

The company notes that this news release contains forward-looking information and statements as defined under applicable securities laws. These statements are based on current expectations and involve known and unknown risks. Precision Drilling advises readers to review the cautionary statement regarding forward-looking information included in the full release for a complete understanding of the potential risks and uncertainties.

Management highlights that the financial results reflect ongoing market conditions in the drilling sector. The company continues to focus on operational efficiency and capital discipline. While the report covers the three months ending June 30, 2026, executives caution that actual results may differ materially from projections due to factors such as commodity price volatility, changes in customer demand, and regulatory developments.

A full breakdown of the financial statements, including balance sheets and cash flow data, is available in the official filing. Precision Drilling remains committed to providing transparent updates to shareholders as the fiscal year progresses.