Precision Drilling (T:PD) has notable insider buying

Veronica H. Foley, a Senior Officer, acquired 1,280 Common Shares on a direct ownership basis at a price of $77.560USD through an exercise of options on May 24th, 2022. This represents a $127,332 investment into the company's shares and an account share holdings change of 27.3%.

Gene Stahl, a Senior Officer, acquired 5,240 Common Shares on a direct ownership basis at a price of $78.050USD through an exercise of options on May 24th, 2022. This represents a $524,560 investment into the company's shares and an account share holdings change of greater than 100%.

Precision Drilling is in the Oil & Gas Drilling Sub Industry Group under the Energy Sector.

Precision Drilling Corporation is a Canada-based company that provides contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. The Company operates through two segments: Contract Drilling Services and Completion and Production Services. Its Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and manufacture, sale and repair of drilling equipment. Its Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. It offers Alpha suite of technologies, which utilizes integrating data insights, human ingenuity, automation consistency and smart algorithms to drill the wells every time. It also offers EverGreen a suite of environmental solutions, which include EverGreenMonitoring, EverGreenEnergy and EverGreenHydrogen.