Precision Drilling Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 1,937.85 million compared to CAD 1,617.19 million a year ago. Net income was CAD 289.24 million compared to net loss of CAD 34.29 million a year ago.

Basic earnings per share from continuing operations was CAD 21.03 compared to basic loss per share from continuing operations of CAD 2.53 a year ago. Diluted earnings per share from continuing operations was CAD 19.53 compared to diluted loss per share from continuing operations of CAD 2.53 a year ago.