Markets
Precision Drilled More Revenue and Less EBITDA. CRA Is Now in the File
On July 28 Precision reported Q2 2026 revenue of $453 million, up 11 percent, and adjusted EBITDA of $97 million, down 10 percent. The company cut debt by $50 million and bought back $12 million of stock. It disclosed a Canada Revenue Agency reassessment on 2018 intercompany dividends.
Sep 3, 2026