Precision Drilling (PDS) Capital Expenditures (2009 - 2026)

Precision Drilling (PDS) reported Capital Expenditures of -$47.4 million for Q1 2026, down 13.42% on a YoY basis from -$54.7 million in Q1 2025, and up 18.81% quarter-over-quarter from -$58.4 million in Q4 2025.

Precision Drilling (PDS) Capital Expenditures (2009 - 2026) Analysis & Trends

Precision Drilling has reported Capital Expenditures for 18 years, with the latest figure at -$47.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 13.42% year-over-year to -$47.4 million; the trailing twelve-month figure through Mar 2026 stood at -$194.2 million (down 22.31% YoY), and the FY2025 full-year result was -$188.6 million, down 19.17% from the prior year.
  • Capital Expenditures for Q1 2026 stood at -$47.4 million, up from -$58.4 million in the prior quarter.
  • The five-year high for Capital Expenditures was -$28.1 million in Q2 2024, with the low at -$58.4 million in Q4 2025.
  • Historically, Capital Expenditures has averaged -$41.3 million across 5 years, with a median of -$41.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Capital Expenditures plunged 331.17% — and 2024, when it increased 26.95%.
  • Precision Drilling's Capital Expenditures stood at -$42.2 million in 2022, then plunged by 36.72% to -$57.7 million in 2023, then advanced by 26.95% to -$42.2 million in 2024, then tumbled by 38.46% to -$58.4 million in 2025, then rose by 18.81% to -$47.4 million in 2026.
  • The last three Capital Expenditures figures came in at -$47.4 million (Q1 2026), -$58.4 million (Q4 2025), and -$50.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -47.40 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 103.85 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 28.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 116.63 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 62.86 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 13.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 21.05 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 164.95 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -300,000.00
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 100.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -47.40 Mn
Mar 31, 2026 -47.40 Mn
Dec 31, 2025 -58.38 Mn
Dec 31, 2025 -58.38 Mn
Sep 30, 2025 -50.37 Mn
Sep 30, 2025 -50.37 Mn
Jun 30, 2025 -38.09 Mn
Jun 30, 2025 -38.09 Mn
Mar 31, 2025 -41.79 Mn
Mar 31, 2025 -41.79 Mn
Dec 31, 2024 -42.16 Mn
Dec 31, 2024 -42.16 Mn
Sep 30, 2024 -46.77 Mn
Sep 30, 2024 -46.77 Mn
Jun 30, 2024 -28.09 Mn
Jun 30, 2024 -28.09 Mn
Mar 31, 2024 -41.21 Mn
Mar 31, 2024 -41.21 Mn
Dec 31, 2023 -57.72 Mn
Dec 31, 2023 -57.72 Mn