Q2 2026 saw 11% revenue growth year-over-year, driven by record Canadian activity and improving U.S. rig utilization, though margins were pressured by reactivation costs and international headwinds. Capital returns, technology investments, and debt reduction remain key priorities.Based on Precision…
Revenue grew 11% year-over-year to $453 million, driven by strong Canadian and U.S. drilling activity, while Adjusted EBITDA declined 10% due to higher costs and restructuring. Net loss was $1 million, with robust cash flow enabling debt reduction and share repurchases.Original document: Precision…
CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cau…
