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| Date | Value |
|---|---|
| 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 |