Precision Drilling (PDS) Capital Expenditures (2009 - 2026)
Precision Drilling's (PDS) quarterly Capital Expenditures came in at -$55.2 million in Q2 2026, down 44.95% YoY from -$100.3 million in Q2 2025, and down 16.47% on a QoQ basis from -$47.4 million in Q1 2026.
Precision Drilling (PDS) Capital Expenditures (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Capital Expenditures data on file, last reported at -$55.2 million in Q2 2026.
- Quarterly Capital Expenditures fell 44.95% year-over-year to -$55.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$211.4 million (down 25.21% YoY) and the FY2025 annual result came in at $224.5 million, up 20.48% from the prior year.
- Capital Expenditures declined to -$55.2 million in Q2 2026, from -$47.4 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$28.1 million in Q2 2024 to a low of -$58.4 million in Q4 2025.
- A 5-year average of -$42.1 million and a median of -$41.5 million in 2024 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures plunged 331.17% — and 2024, when it increased 26.95%.
- Tracing PDS's Capital Expenditures over 5 years: 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 gained by 5.43% to -$55.2 million in 2026.
- The last three Capital Expenditures figures came in at -$55.2 million (Q2 2026), -$47.4 million (Q1 2026), and -$58.4 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 204.53 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 24.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 155.92 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 69.77 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 25.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 8.30 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 125.61 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | -55.21 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 105.50 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 31.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -55.21 Mn |
| Jun 30, 2026 | -55.21 Mn |
| 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 |