Precision Drilling (NYSE: PDS) Q2 2026 growth, margins and CRA tax dispute
Precision Drilling reported an 11% increase in Q2 2026 revenue, reaching $452.8 million, driven by strong Canadian and U.S. drilling activity. However, Adjusted EBITDA declined by 10% to $97.1 million due to higher U.S. rig reactivation costs, international margin pressure, and restructuring charges, resulting …