In Canada, Precision averaged 66 active rigs in the fourth quarter, up one rig from the year-ago period. Reported daily operating margins were CAD 14,132 , versus CAD 14,559 in the fourth quarter of 2024, and management said results landed within prior guidance. Honing noted the company incurred reactivation costs tied to two Super Triple rigs mobilized from the U.S. to Canada in September; both began operations in the fourth quarter and are expected to be “fully operational throughout 2026 and beyond,” sup ...