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Precision Drilling Corporation (PD.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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55.35-2.67 (-4.60%)
At close: 4:00PM EDT

Precision Drilling Corporation

525–8th Avenue SW
Suite 800
Calgary, AB T2P 1G1
403 716 4500

IndustryOil & Gas Drilling
Full Time Employees3,500

Key Executives

NameTitlePayExercisedYear Born
Mr. Kevin A. Neveu B.Sc., B.Sc, P.EngPres, CEO & Director1.86MN/A1961
Mr. Carey Thomas Ford C.F.A.Sr. VP & CFO929.05kN/AN/A
Mr. Darren J. RuhrChief Admin. Officer736.85kN/AN/A
Ms. Veronica H. FoleySr. VP, Gen. Counsel, Company Sec. & Chief Compliance Officer814.25kN/AN/A
Mr. Gene C. StahlChief Marketing Officer971.82kN/A1974
Mr. John Blair GoertzenExec. Vice-Pres and Chief Operating OfficerN/AN/A1959
Mr. Shuja U. GorayaChief Technology OfficerN/AN/AN/A
Dustin HoningMang. of Investor Relations & Corp. Devel.N/AN/AN/A
Mr. Roland H. MarksSr. VP of International Drilling OperationsN/AN/AN/A
Mr. Grant HunterSr. VP of North American Drilling OperationN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.


Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in North America and the Middle East. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land drilling, directional drilling, and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture, sale, and repair of drilling equipment. As of December 31, 2020, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; oilfield surface equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment operated 123 well completion and workover service rigs, including 113 in Canada and 10 in the United States. It also had approximately 1,400 oilfield rental items, including surface storage, small-flow wastewater treatment, power generation, and solids control equipment; 113 wellsite accommodation units; 966 drill camp beds; 822 base camp beds; and three kitchen diners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

Corporate Governance

Precision Drilling Corporation’s ISS Governance QualityScore as of April 30, 2021 is 10. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 9; Compensation: 6.

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 a 10 indicates higher governance risk.