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Stock impact report

Precision Drilling Meets Annual Capital Allocation Targets and Provides Financial and Operational Updates

Precision Drilling Corporation (PDS) 
Last precision drilling corporation earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
CALGARY, Alberta, Jan. 06, 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 "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) is pleased to announce a series of positive updates reflecting the strength of its financial performance and disciplined capital allocation strategy, including: 1) the achievement of its 2025 debt reduction target and year end liquidity update; 2) commitment to its capital allocation framework; and 3) a financial and operational update. 2025 Debt Repayment and Year End Liquidity Update Precision reduced debt by $101 million in 2025, achieving its annual debt reduction goal. As at December 31, 2025, Precision’ Show less Read more
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