$PDS

A Business Journal list of Orange County dental companies says PDS Health (formerly Pacific Dental Services) became the No. 1 dental firm by employee count, with 1,381 workers, up 6.8%. OC headcount fell 2% to 5,126. Envista drove much of the decline, while Envista reported 12-month revenue up 8% to $2.7B and shares up about 36% to above $28.

Precision Drilling Corp. reported Q2 revenue up 11% to $452.8 million for the quarter ended June 30. The company said Canadian drilling activity rose 22% year over year, with 61 average active rigs, above the sector’s 16% rise. North American rig demand increased, while international operations in Saudi Arabia and Kuwait faced lower revenues. Precision posted a net loss of about $1 million.

Precision Drilling Corporation (TSX:PD, NYSE:PDS) reported 2026 Q2 unaudited results. Revenue rose 11% to $453 million from $407 million a year earlier. Adjusted EBITDA fell 10% to $97 million. Net loss attributable to shareholders was $1 million versus net earnings of $16 million. Cash from operations was $146 million, reducing debt by $50 million and repurchasing $12 million.

Indian equity benchmarks extended losses. The BSE Sensex fell 561.46 points (0.72%) to 77,054.94 and the Nifty 50 dropped 158.95 points (0.66%) to 24,052.05, pressured by a Brent crude rise to $86.79 (+4.19%), higher WPI (9.87%) and CPI (4.38%). HCL Tech (-4.63%) and SBI Funds Management IPO activity were also noted.

Precision Drilling Corporation said Alice Wong will step down from its board effective immediately. Wong has served as a director since 2024 and sat on the Audit Committee, the Human Resources and Compensation Committee, and the Health, Safety, Environment Council. Precision thanked her and noted its TSX ticker PD and NYSE ticker PDS.

U.S. shale producers have the lowest drilled-but-uncompleted well (DUC) inventory on record, limiting rapid crude output gains as exports and refinery runs rise amid the U.S.-Israeli war on Iran. U.S. crude stocks fell 12.4 million barrels to 806.8 million (lowest since Jan 2025), per government data. EIA estimates 4,972 DUCs in April (down for 14 months). EIA raised 2026 crude forecast to 13.65 mbpd.

Precision Drilling Corporation reminds shareholders of its virtual 2026 Annual Meeting scheduled for Thursday, May 14, 2026, at 10:00 a.m. MST. Shareholders can access the meeting online, ask questions, and vote in real-time, with guests able to listen. Additional information and contact details for questions about participation are provided.

Precision Drilling Corporation reported a 6% increase in Q1 2026 revenue to $526,051 thousand, driven by higher drilling activity in Canada and the U.S. However, net earnings attributable to shareholders fell by approximately half to $17,376 thousand, and Adjusted EBITDA declined by 10% to $123,947 thousand, primarily due to increased share-based compensation, depreciation, and international reactivation costs. The company plans to reduce debt by $100 million in 2026 and allocate up to 50% of free cash flow to share repurchases, while increasing its capital spending outlook to $265 million for the year.

Precision Drilling Corporation announced its 2026 first-quarter results, showing a 6% increase in revenue to $526 million due to higher utilization in Canadian and U.S. drilling operations. Despite a decrease in Adjusted EBITDA and net earnings attributed to higher share-based compensation and depreciation, the company reduced debt by $25 million and repurchased $4 million in common shares. Precision also revised its 2026 capital budget to $265 million, driven by rig upgrades and increased activity expectations in North America.

Wall Street Zen has upgraded Precision Drilling (NYSE:PDS) from a "hold" to a "buy" rating. This upgrade aligns with a "Moderate Buy" consensus among analysts, who have an average price target of $102.50 for PDS. The company recently reported earnings per share of $1.37, beating estimates, though revenue missed expectations, and the stock currently trades around $87.42 with a negative trailing P/E.