TSX:PDEnergy Services
How Investors Are Reacting To Precision Drilling (TSX:PD) Profit Slide And Aggressive Buyback Pivot
Precision Drilling Corporation has reported past fourth-quarter 2025 sales of CA$478.51 million, up slightly year over year, but swung from net income of CA$14.8 million to a net loss of CA$42.18 million, alongside a sharp drop in full-year profitability despite relatively stable revenue.
While overall earnings weakened, management’s plan to direct more free cash flow to share buybacks and the call for a Special Shareholders Meeting in March 2026 highlight a renewed focus on capital...