Precision Drilling Corporation (PD:CA) Q2 2026 Earnings Call Transcript

Precision Drilling Corporation (PD:CA) Q2 2026 Earnings Call July 29, 2026 1:00 PM EDT

Lavonne Zdunich - Vice President of Investor Relations

Thank you, operator, and welcome, everyone. Today, I'm joined by Carey Ford, President and CEO, and Dustin Honing, our CFO. Yesterday, we reported our second quarter results, highlighted by robust heavy oil drilling and well service activity in Canada and improving rig utilization in the U.S. Carey and Dustin will review these results, provide an operational update and outlook commentary. Once we have finalized our prepared remarks, we will open the call for questions.

Please note that some comments today will refer to non-IFRS financial measures and include forward-looking statements, which are subject to a number of risks and uncertainties. For more information on financial measures, forward-looking statements and risk factors, please refer to our news release and other regulatory filings available on SEDAR+ and EDGAR. As a reminder, we express our financial results in Canadian dollars unless otherwise stated. Carey, over to you.

Carey Ford - President, CEO & Director

Thank you, Lavonne, and good morning and good afternoon. Before I hand