Precision Drilling Corporation (PDS)

67.87 -0.57 (-0.83%) At close: 04:00PM EDT

Precision Drilling Corporation

525–8th Avenue SW
Suite 800
Calgary, AB T2P 1G1
Canada
403 716 4500
https://www.precisiondrilling.com

Sector(s): Energy
Industry: Oil & Gas Drilling
Full-time employees: 5,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kevin A. Neveu B.Sc., P.Eng	President, CEO & Director	1.98M	N/A	1961
Mr. Carey Thomas Ford C.F.A.	Chief Financial Officer	874.92k	N/A	N/A
Mr. Shuja U. Goraya	Chief Technology Officer	799.99k	N/A	N/A
Ms. Veronica H. Foley	Chief Legal & Compliance Officer	796.94k	N/A	N/A
Mr. Gene C. Stahl	President of North American Drilling	888.08k	N/A	1974
Mr. Darren J. Ruhr	Chief Administrative Officer	419.42k	N/A	N/A
Ms. Lavonne Zdunich	Director of Investor Relations	N/A	N/A	N/A
Dustin Honing	Manager of Investor Relations & Corporate Development	N/A	N/A	N/A
Mr. Grant Hunter	Senior Vice President of North American Drilling Operation	533.41k	N/A	N/A
Mr. Ross Steven Pickering	Senior Vice President of Global Operations Excellence	N/A	N/A	1946

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the geothermal, oil and natural gas industry. This segment offers services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and repair of drilling and service rig equipment. In addition, it operates land drilling rigs in Canada, the United States, and the Middle East, as well as operates AlphaAutomation, AlphaApps, and AlphaAnalytics data services. The company offers EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreen Fuel Cell. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment operates well completion and workover service rigs in Canada and the United States. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Corporate governance

Precision Drilling Corporation’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 7; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.