Name Begin: 13:00 January 1, 0000 1:40 PM ET
Precision Drilling Company (NYSE:PDS)
Q1 2025 Earnings Convention Name
April 24, 2025 13:00 ET
Firm Contributors
Lavonne Zdunich – Vice President of Investor Relations
Carey Ford – Chief Monetary Officer
Kevin Neveu – President, Chief Govt Officer & Director
Convention Name Contributors
Aaron MacNeil – TD Cowen
Keith MacKey – RBC Capital Markets
Waqar Syed – ATB Capital Markets
John Gibson – BMO Capital Markets
John Daniel – Daniel Power Companions
Aaron Rosenthal – JPMorgan
Operator
Good day and thanks for standing by. Welcome to the Precision Drilling Company 2025 First Quarter Outcomes Convention Name and Webcast.
I might now like handy the convention over to Lavonne Zdunich, Vice President of Investor Relations. Please go forward.
Lavonne Zdunich
Thanks, operator and welcome, everybody, to our first quarter convention name. Right now, I am joined by Kevin Neveu, Precision’s President and CEO; and Carey Ford, our CFO.
Yesterday, we reported our first quarter outcomes. To start the decision, Carey will evaluation these outcomes after which Kevin will present an operational replace and outlook commentary. As soon as we’ve completed our ready feedback, we’ll open the decision for questions. Please be aware, among the feedback at the moment will confer with non-IFRS monetary measures and embrace forward-looking statements that are topic to a variety of dangers and uncertainties. For extra data on monetary measures, forward-looking statements and threat components, please confer with our information launch and different regulatory filings on SEDAR and EDGAR. As a reminder, we specific our monetary leads to Canadian {dollars} until in any other case acknowledged.
With that, I will flip it over to you, Carey.
Carey Ford
Thanks, Lavonne. Precision’s Q1 monetary outcomes met our expectations for adjusted EBITDA, earnings and money stream. Adjusted EBITDA of $137 million was pushed by sturdy drilling exercise in Canada and
