Precision Drilling Corporation (PDS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Precision Drilling Corporation 2026 Second Quarter Results Conference Call-In Webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you'll need to press star-1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star-1-1 again. Please be advised, today's conference is being recorded. I want to attend the conference over to your speaker today, Lavonne Zdunich, Vice President of Investor Relations. Please go ahead. 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 CDARplus and EDGAR. As a reminder, we express our financial results in Canadian dollars unless otherwise stated. Carey, over to you. Thank you, Lavonne, and good morning and good afternoon. Before I hand the call over to Dustin, I would like to make a few comments on the progress toward our 2026 strategic...