PRECISION DRILLING Corp
No SEC Form 4 filings for $PDS in the last 30 days.
See all $PDS insider activity →Precision Drilling (TSX: PD, NYSE: PDS) received approval for a Normal Course Issuer Bid to buy back up to 1,229,799 shares (10% of public float) by September 20, 2027. The company has already repurchased 668,674 shares at an average price of CAD$102.54. Purchases will be funded from available resources and may commence on September 21, 2026.
PDS Biotechnology raised $22.6 million in equity funding, causing its shares to rise. The company recently announced the departure of its Chief Operating Officer, Stephan Toutain. The stock has seen significant volatility, with a 30% increase over 5 days and a 40.93% gain year-to-date, but a 62.65% decline over a longer period.
The U.S. has granted North American Blue Energy Partners (NABEP) 100-year concessions for 17 Venezuelan oil fields with 65 billion barrels of reserves. The U.S. gains equity and governance rights. NABEP plans to deploy 52 drilling rigs, with some already acquired from Helmerich & Payne, Patterson-UTI Energy, and Precision Drilling. China has responded, asserting its legal rights in Venezuela. Halliburton and ExxonMobil are key players in the potential U.S.-led oil development.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning PDS (PRECISION DRILLING Corp). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent PDS coverage spans earnings, corporate actions and sector analysis.
The buyback signals confidence in cash resources and may support the share price, especially if the market perceives the repurchase as undervaluation.
The capital raise provides near‑term liquidity and may support upcoming R&D milestones.
Exposure to a large foreign oil project.
Potential short-term stock volatility as investors assess the impact of the CFO departure.
Management’s Q1 growth and working-capital guidance, plus profitability expectations from new sourcing-as-a-service contracts, are the key near-term drivers for PDS’s outlook.
AlphAI scores every news story that mentions PDS with an AI model for sentiment and relevance, and aggregates insider trades from PRECISION DRILLING Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.
Precision Drilling (TSX: PD, NYSE: PDS) received approval for a Normal Course Issuer Bid to buy back up to 1,229,799 shares (10% of public float) by September 20, 2027. The company has already repurchased 668,674 shares at an average price of CAD$102.54. Purchases will be funded from available resources and may commence on September 21, 2026.
2 min readPDS Biotechnology raised $22.6 million in equity funding, causing its shares to rise. The company recently announced the departure of its Chief Operating Officer, Stephan Toutain. The stock has seen significant volatility, with a 30% increase over 5 days and a 40.93% gain year-to-date, but a 62.65% decline over a longer period.
1 min readThe U.S. has granted North American Blue Energy Partners (NABEP) 100-year concessions for 17 Venezuelan oil fields with 65 billion barrels of reserves. The U.S. gains equity and governance rights. NABEP plans to deploy 52 drilling rigs, with some already acquired from Helmerich & Payne, Patterson-UTI Energy, and Precision Drilling. China has responded, asserting its legal rights in Venezuela. Halliburton and ExxonMobil are key players in the potential U.S.-led oil development.
2 min readPDS Biotechnology announced that Lars Boesgaard will step down as CFO on September 12. The company has not yet named a replacement. Boesgaard's departure may impact investor confidence in the company's leadership stability.
1 min readPDS Ltd’s Q1 2027 earnings call highlighted 15% revenue growth to Rs 3,444 crore and a stronger order book, with management expecting continued revenue and GMV momentum. The CEO cited new sourcing-as-a-service contracts with up to US$330 million annual potential and said working capital improved structurally to about one day. Finance costs were discussed in relation to early payment discounts.
7 min readPDS Limited reported Q1 FY27 consolidated results, with revenue up 14.8% YoY to ₹3,444 crore. The company said GMV rose 11.1% to ₹5,146 crore and the order book increased 23% to ₹6,095 crore. Gross margin expanded 63 bps, PAT grew 42.7%, net debt fell 73% to ₹29 crore, and net working capital improved to 1 day.
4 min readPDS Limited reported Q1FY27 consolidated net profit of ₹285.9 crore, up 43% YoY, on revenue from operations of ₹34,437.2 crore, up 14.8% YoY. Consolidated EBITDA rose 15.4% to ₹695.1 crore. The company also dissolved dormant Design COE USA Inc effective July 22, 2026, with no material financial impact.
6 min readA 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.
7 min readPrecision 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.
6 min readPrecision 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.
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