PDS - Precision Drilling Corporation

NYSE - NYSE Delayed Price. Currency in USD

Precision Drilling Corporation

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

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees4,960

Key Executives

NameTitlePayExercisedAge
Mr. Kevin A. Neveu B.Sc, P.EngChief Exec. Officer, Pres and Director1.29MN/A56
Mr. Carey Thomas FordChief Financial Officer and Sr. VP606.89kN/AN/A
Mr. Douglas B. EvasiukSr. VP of Sales & Marketing - North America532.63k15.15kN/A
Mr. Grant HunterSr. VP of US Operations549.07kN/AN/A
Mr. Gene C. StahlPres of Drilling Operations666.04k11.65k43
Amounts are as of December 31, 2016 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 USD.

Description

Precision Drilling Corporation provides oil and natural gas drilling and related services and products. 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 and refurbishment of drilling and service rig equipment. As of December 31, 2016, this segment operated 255 land drilling rigs, including 135 in Canada; 103 in the United States; 5 in Mexico; 4 in Saudi Arabia; 5 in Kuwait; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment offers completion and workover services, and ancillary services to oil and natural gas exploration and production companies. It provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; snubbing units for pressure control services; camp and catering services; and water system services. This segment also engages in the rental of oilfield surface equipment, and wellsite accommodations. This segment operated 196 well completion and workover service rigs, and 11 snubbing units in Canada and the United States; approximately 2,200 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 43 drilling camps and 4 base camps in Canada; and 10 large-flow wastewater treatment units, 24 pump houses, and 8 potable water production units in Canada. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.

Corporate Governance

Precision Drilling Corporation’s ISS Governance QualityScore as of December 1, 2017 is 4. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 3; Compensation: 5.

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.