Precision Drilling Corporation

DB:PRE1 Stock Report

Market Cap: €806.4m

Precision Drilling Management

Management criteria checks 3/4

Precision Drilling's CEO is Carey Ford, appointed in Oct 2025, has a tenure of less than a year. total yearly compensation is CA$2.93M, comprised of 21.4% salary and 78.6% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth €4.23M. The average tenure of the management team and the board of directors is 6.5 years and 7.8 years respectively.

Key information

Carey Ford

Chief executive officer

CA$2.9m

Total compensation

CEO salary percentage21.36%
CEO tenureless than a year
CEO ownership0.5%
Management average tenure6.5yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Carey Ford's remuneration changed compared to Precision Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

CA$59m

Jun 30 2025n/an/a

CA$105m

Mar 31 2025n/an/a

CA$109m

Dec 31 2024CA$3mCA$625k

CA$111m

Sep 30 2024n/an/a

CA$243m

Jun 30 2024n/an/a

CA$224m

Mar 31 2024n/an/a

CA$230m

Dec 31 2023CA$3mCA$616k

CA$289m

Sep 30 2023n/an/a

CA$146m

Jun 30 2023n/an/a

CA$157m

Mar 31 2023n/an/a

CA$105m

Dec 31 2022CA$2mCA$567k

-CA$34m

Sep 30 2022n/an/a

-CA$65m

Jun 30 2022n/an/a

-CA$134m

Mar 31 2022n/an/a

-CA$185m

Dec 31 2021CA$2mCA$519k

-CA$177m

Sep 30 2021n/an/a

-CA$188m

Jun 30 2021n/an/a

-CA$178m

Mar 31 2021n/an/a

-CA$151m

Dec 31 2020CA$2mCA$537k

-CA$120m

Sep 30 2020n/an/a

-CA$84m

Jun 30 2020n/an/a

-CA$59m

Mar 31 2020n/an/a

-CA$24m

Dec 31 2019CA$2mCA$542k

CA$7m

Compensation vs Market: Carey's total compensation ($USD2.13M) is above average for companies of similar size in the German market ($USD1.18M).

Compensation vs Earnings: Carey's compensation has been consistent with company performance over the past year.

CEO

Carey Ford

less than a year
Tenure
CA$2,926,569
Compensation

Mr. Carey Thomas Ford, CFA has been the Chief Executive Officer and Director since October 2025 and serves as its President and was Chief Financial Officer of Precision Drilling Corporation since April 201...

Leadership Team

NamePositionTenureCompensationOwnership
Carey Ford
Presidentless than a yearCA$2.93m0.52%
€ 4.2m
Gene Stahl
Chief Operating Officerless than a yearCA$2.65m0.55%
€ 4.5m
Shuja Goraya
Chief Technology Officer7.5yrsCA$2.17m0.26%
€ 2.1m
Veronica Foley
Chief Legal & Compliance Officer9.7yrsCA$2.09m0.30%
€ 2.4m
Dustin Honing
Chief Financial Officerless than a yearno datano data
Darren Ruhr
Chief Administrative Officer7.5yrsCA$1.41m0.51%
€ 4.1m
Lavonne Zdunich
Vice President of Investor Relationsno datano datano data
Grant Hunter
Senior Vice President of North American Drilling Operation19yrsCA$1.39mno data
Ross Pickering
Senior Vice President of Global Operations Excellence6.5yrsno datano data
Thomas Alford
President of Well Servicing1yrno data0.0076%
€ 61.3k
6.5yrs
Average Tenure
61yo
Average Age

Experienced Management: PRE1's management team is seasoned and experienced (6.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Carey Ford
Presidentless than a yearCA$2.93m0.52%
€ 4.2m
Steven Krablin
Independent Chairman of the Board10.7yrsCA$411.07k0.035%
€ 281.1k
William Donovan
Independent Director17.1yrsCA$301.45k0.070%
€ 563.3k
David Williams
Independent Director7.3yrsCA$289.12k0.025%
€ 204.6k
Kevin Meyers
Independent Director14.3yrsCA$301.45k0.044%
€ 356.1k
Susan MacKenzie
Independent Director8.3yrsCA$301.45k0.024%
€ 197.4k
Lori Lancaster
Independent Director3.3yrsCA$280.90kno data
Alice Wong
Independent Director1.7yrsCA$182.87k0.013%
€ 106.8k
7.8yrs
Average Tenure
67yo
Average Age

Experienced Board: PRE1's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/02 11:35
End of Day Share Price 2026/01/02 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Precision Drilling Corporation is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Capital Markets
Waqar SyedATB Capital Markets
Sean MeakimBarclays