STOCK TITAN

Precision Drilling Corporation Announces Filing of Annual Disclosure Documents

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Precision Drilling Corporation has filed its annual disclosure documents for 2020 with Canadian and U.S. securities commissions. The Annual Report includes audited consolidated financial statements and management's analysis for the year ending December 31, 2020, previously revealed on February 10, 2021. These reports are accessible via SEDAR and EDGAR, as well as Precision's website. Additionally, the company's 2021 Annual Meeting of Shareholders is scheduled for May 13, 2021, in a virtual format. Precision is known for its high-performance services and advanced digital technology in the energy sector.

Positive
  • Filed annual disclosure documents with the SEC and Canadian securities commissions.
  • Annual Report includes audited financial statements for 2020.
  • Access to extensive digital technology portfolio known as 'Alpha' for efficient energy services.
Negative
  • None.

CALGARY, Alberta, March 15, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) announced that it has filed its annual disclosure documents with the securities commissions in each of the provinces of Canada and the United States Securities and Exchange Commission (“SEC”).

Precision’s 2020 Annual Report contains the audited consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2020. Precision’s financial results for the year ended December 31, 2020 were previously released on February 10, 2021.

The Annual Report and Precision’s Annual Information Form have been filed on the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR”) and on Form 40-F on the SEC’s Electronic Data Gathering, Analysis and Retrieval (“EDGAR”) system.

The documents described above are also available on Precision’s website at www.precisiondrilling.com or by emailing Precision at info@precisiondrilling.com.

Precision’s 2021 Annual Meeting of Shareholders will be held in a virtual-only format at 10:00 a.m. MDT on Thursday, May 13, 2021.

About Precision
Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as “Alpha” that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Additionally, Precision offers well service rigs, camps and rental equipment and directional drilling services all backed by a comprehensive mix of technical support services and skilled, experienced personnel. Precision is headquartered in Calgary, Alberta, Canada and is listed on the Toronto Stock Exchange under the trading symbol “PD” and on the New York Stock Exchange under the trading symbol “PDS.”

For further information, please contact:

Carey Ford, Senior Vice President & Chief Financial Officer
713.435.6100

Dustin Honing, Director, Investor Relations & Corporate Development
403.716.4500

800, 525 - 8th Avenue S.W.
Calgary, Alberta, Canada T2P 1G1
Website: www.precisiondrilling.com

 


FAQ

What are the key details of Precision Drilling's 2020 Annual Report?

Precision Drilling's 2020 Annual Report includes audited consolidated financial statements and management's discussion for the year ending December 31, 2020.

When is Precision Drilling's 2021 Annual Meeting of Shareholders?

The 2021 Annual Meeting of Shareholders for Precision Drilling is scheduled for May 13, 2021, at 10:00 a.m. MDT.

Where can I access Precision Drilling's Annual Report?

Precision Drilling's Annual Report can be accessed via SEDAR, EDGAR, and their official website.

What is the significance of Precision's digital technology portfolio, 'Alpha'?

Precision's 'Alpha' technology enhances efficiency in energy services through advanced automation software and analytics.

What stock symbols are associated with Precision Drilling?

Precision Drilling is traded under the symbol 'PD' on the Toronto Stock Exchange and 'PDS' on the New York Stock Exchange.

Precision Drilling Corporation

NYSE:PDS

PDS Rankings

PDS Latest News

PDS Stock Data

799.58M
13.76M
2.13%
57.41%
0.89%
Oil & Gas Drilling
Energy
Link
United States of America
Calgary