Precision Drilling Corporate Updates: Annual Report Release
Precision Drilling Corporation Updates Annual Disclosure Documents
Precision Drilling Corporation, a prominent player in the energy sector, recently filed its annual disclosure documents with securities commissions in Canada and the United States SEC. This filing marks a significant step in keeping its stakeholders informed about its financial health and operational objectives.
Details of the Annual Report
Precision's 2024 Annual Report highlights the audited consolidated financial statements along with management’s insights and analytics covering the fiscal year that concluded on December 31, 2024. These results were previewed earlier in February 2025, providing insights into the company's financial performance and strategic direction.
Where to Access the Documents
The newly filed Annual Report and Annual Information Form are accessible on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR+) and on Form 40-F via the SEC’s Electronic Data Gathering, Analysis and Retrieval (EDGAR) system. Stakeholders can review these documents directly to gain a comprehensive understanding of the company’s performance.
Online Availability and Contact Information
For ease of access, all related documents can also be found on Precision’s official website. Interested parties can reach out via email for any further queries or required documentation.
Corporate Meeting Announcement
In addition to the filings, Precision Drilling Corporation has scheduled its Annual and Special Meeting of Shareholders for May 15, 2025, at 10:00 a.m. MDT in a virtual-only format. These meetings are vital for shareholders to discuss the company's trajectory and upcoming initiatives.
About Precision Drilling Corporation
With a mission centered around safe and environmentally responsible drilling services, Precision Drilling Corporation stands as a leader within the energy industry. The company offers clients access to a diverse fleet of Super Series drilling rigs, ensuring high performance and value. Precision has integrated cutting-edge technological innovations, including its proprietary Alpha technology, which employs advanced automation software and analytics. This progressive approach enables Precision to deliver consistent results while being mindful of environmental impacts.
Commitment to Environmental Responsibility
The company’s EverGreen suite of environmental solutions further solidifies its dedication to reducing operational footprints in energy production. This innovation is complemented by additional well service rigs, camps, and rental equipment, all supported by a skilled team providing comprehensive technical services.
Latest Company Developments
Headquartered in Calgary, Alberta, Precision Drilling Corporation is publicly traded on the Toronto Stock Exchange as “PD” and on the New York Stock Exchange as “PDS”. The company continues to expand its operational capabilities and enhance its service offerings to meet the evolving needs of its clients.
Contact Details for Investor Relations
For further inquiries about Precision, please reach out to Lavonne Zdunich, CPA, CA, who serves as the Vice President of Investor Relations. She can be reached at 403.716.4500. Full contact details and additional information can always be accessed through the company’s website.
Frequently Asked Questions
What information is included in Precision’s Annual Report?
The Annual Report contains audited financial statements and management's insights for the previous fiscal year.
When will the Annual and Special Meeting of Shareholders occur?
The meeting is scheduled for May 15, 2025, at 10:00 a.m. MDT in a virtual format.
How can I access Precision’s financial documents?
Documents can be accessed on SEDAR+ and the SEC’s EDGAR system, as well as on Precision’s official website.
What is the mission of Precision Drilling Corporation?
Precision aims to provide safe, environmentally responsible drilling services while utilizing advanced technology.
How can I contact Precision for more information?
You can email info@precisiondrilling.com or call their Investor Relations department for assistance.
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