Precision Drilling Corporation Announces Dual Listing on NYSE Texas

The company will maintain its primary listing on the New York Stock Exchange and add a secondary listing on the new NYSE Texas exchange.

Published on Feb. 27, 2026

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Precision Drilling Corporation, a leading provider of drilling services to the energy industry, announced that its common shares have been approved for dual listing on NYSE Texas, a new fully electronic equities exchange headquartered in Dallas, Texas. The company will maintain its primary listing on the New York Stock Exchange and trade with the same 'PDS' ticker symbol on NYSE Texas, effective March 2, 2026. Precision's shares will also continue to trade on the Toronto Stock Exchange under the symbol 'PD'.

Why it matters

The dual listing on NYSE Texas provides Precision Drilling with additional exposure and access to investors in the important Texas energy market, which is a key region for the company's operations. The new exchange is expected to offer enhanced liquidity and trading opportunities for Precision's shares.

The details

Precision Drilling is a leading provider of drilling services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. The company has also commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. In addition to its drilling services, Precision offers well service rigs, rental equipment, and camps backed by technical support services and experienced personnel.

  • Precision's common shares have been approved for dual listing on NYSE Texas, effective March 2, 2026.
  • Precision will maintain its primary listing on the New York Stock Exchange (NYSE).

The players

Precision Drilling Corporation

A leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs.

NYSE Texas

A fully electronic equities exchange headquartered in Dallas, Texas that launched in March 2025.

New York Stock Exchange (NYSE)

The primary stock exchange where Precision Drilling's common shares will continue to trade.

Toronto Stock Exchange

The exchange where Precision Drilling's common shares will also continue to trade under the symbol 'PD'.

Lavonne Zdunich, CPA, CA

Vice President, Investor Relations at Precision Drilling Corporation.

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What they’re saying

“Precision will maintain its primary listing on the New York Stock Exchange (NYSE) and trade with the same 'PDS' ticker symbol on NYSE Texas, effective March 2, 2026.”

— Lavonne Zdunich, CPA, CA, Vice President, Investor Relations (Globe Newswire)

What’s next

Precision Drilling's common shares will begin trading on the NYSE Texas exchange on March 2, 2026, providing the company with additional exposure and access to investors in the important Texas energy market.

The takeaway

The dual listing on NYSE Texas represents an important strategic move for Precision Drilling, allowing the company to further expand its presence and reach in the key Texas energy market while maintaining its primary listing on the prestigious New York Stock Exchange.