Investor Presentation September 2025 MDI.TSX QUALITY - SAFETY - RESULTS Forward-Looking Statements This presentation includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. All statements, other than statements of historical facts, included in this presentation that address future events, developments, or performance that the Company expects to occur (including management's expectations regarding the Company's objectives, strategies, f ...

Management to Host Webcast/Conference Call on Tuesday, September 9, 2025 at 8:00am EDTMONCTON, New Brunswick, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (TSX: MDI) (the “Company”) will release its first quarter results, ended July 31, 2025, on Monday, September 8, 2025 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a webcast/conference call o ...

Company Overview - Precision Drilling Corporation is a leading provider of safe and environmentally responsible services to the energy industry, offering access to an extensive fleet of Super Series drilling rigs [4] - The company has commercialized an industry-leading digital technology portfolio known as Alpha™, which utilizes advanced automation software and analytics to deliver efficient, predictable, and repeatable results for energy customers [4] - Precision also provides well service rigs, camps, and rental equipment, supported by a comprehensive mix of technical support services and skilled personnel [4] Upcoming Financial Results - Precision intends to release its 2025 second quarter results after the market closes on Tuesday, July 29, 2025 [1] - A conference call is scheduled for 11:00 a.m. MT (1:00 p.m. ET) on Wednesday, July 30, 2025, to discuss the results [1] - Participants can register for the conference call to receive a dial-in number and unique PIN for questions [1] Webcast and Replay - The conference call will also be webcast, and a replay will be available on Precision's website for 12 months [2]

Company Overview - High Arctic Overseas Holdings Corp. has appointed Matthew Cocks as Chief Financial Officer effective June 24, 2025, pending TSX Venture Exchange approval [1] - The company specializes in drilling and specialized well completion services, manpower solutions, and rental equipment in Papua New Guinea [5] Leadership Background - Matthew Cocks joined the company in October 2023 as VP-Finance, focusing on financial leadership and strengthening finance and accounting processes [2] - Cocks has over 20 years of experience in financial leadership roles across various sectors, including resources, construction, manufacturing, and logistics [3] - The CEO, Mike Maguire, expressed confidence in Cocks' expertise, particularly in international markets and extractive industries, which will aid in diversifying and expanding the PNG business [4] Transition of Roles - Lonn Bate served as Interim CFO since the spin-out and will now concentrate on his role as CFO of High Arctic Energy Services Inc. [4]

Fiscal 2025 Highlights - Major Drilling Group International Inc. reported total revenue of $727.6 million for fiscal year 2025, an increase of 3% from $706.7 million in the previous year [10][22] - The company achieved a Total Recordable Incident Frequency Rate (TRIFR) of 0.74, the lowest in its 45-year history, reflecting a strong safety culture [6][10] - Capital expenditures for the year totaled $72.5 million, including the acquisition of 7 new drill rigs, bringing the total rig count to 708 [7][10] Q4 2025 Summary - In Q4 2025, Major Drilling generated revenue of $187.5 million, up 12% from $168.0 million in the same quarter last year [10][14] - EBITDA for the quarter was $20.5 million, impacted by startup and mobilization costs [8][10] - Adjusted gross margins decreased to 22.8% from 26.9% in the prior year due to increased costs associated with project ramp-ups [10][18] Acquisition and Market Position - The acquisition of Explomin Perforaciones in November 2024 has strengthened Major Drilling's position in South America, contributing to a 78.5% increase in revenue from South and Central America to $88.0 million in Q4 2025 [10][16] - The company expects a 20% revenue growth in Q1 of fiscal 2026 compared to Q4 2025 levels, driven by increased exploration budgets from senior mining companies [9][10] Financial Performance - Net earnings for the year were $26.0 million, or $0.32 per share, down from $53.1 million, or $0.64 per share, in the previous year [31] - General and administrative costs increased to $78.8 million, primarily due to the addition of the Explomin group and annual wage adjustments [19][27] - The company reported a strong balance sheet with net debt of $3.9 million and total available liquidity of $123 million [8][10]

Management to Host Webcast/Conference Call on Thursday, June 12, 2025 at 8:00am EDT MONCTON, New Brunswick, May 28, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (TSX: MDI) (the "Company") will release its fourth quarter and fiscal 2025 results for the year ended April 30, 2025, on Wednesday, June 11, 2025 after the markets have closed. Webcast/Conference Call Details Major Drilling Group International Inc. is the world's leading provider of specialized drilling services primarily serving ...

Crescent Capital BDC, Inc. (CCAP) is a business development company. The Zacks Consensus Estimate for its current year earnings has been revised 1.9% downward over the last 60 days. Helmerich & Payne, Inc. (HP) is a drilling services and solutions company for the exploration and production business. The Zacks Consensus Estimate for its current year earnings has been revised 30.9% downward over the last 60 days. Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Boot Barn Holdings, In ...

Financial Data and Key Metrics Changes - The company generated quarterly revenues of just over $1 billion, with total direct operating costs at $702 million and general and administrative expenses approximately $81 million for the quarter [16][17]. - Gross capital expenditures for the second quarter were $159 million, aligning with expectations, while cash flow from operations was $56 million, negatively impacted by nonrecurring transaction-related costs and working capital challenges [18][27]. - The company maintains cash and short-term investments of $196 million, with an undrawn credit facility of $950 million, ensuring adequate liquidity for operations and debt repayment [27]. Business Line Data and Key Metrics Changes - In the North America Solutions segment, the average contracted rig count was 149, with revenues of $600 million, unchanged from the first quarter, and a direct margin of approximately $266 million, slightly stronger than the previous quarter [19][20]. - The International Solutions segment ended the quarter with 76 rigs working and a contracted drilling backlog of approximately $4 billion, generating a direct margin of $27 million, significantly impacted by rig suspensions in Saudi Arabia [20][22]. - The Offshore Solutions segment generated $26 million in direct margins, with a current backlog of $2.5 billion, benefiting from the KCAD acquisition [12][20]. Market Data and Key Metrics Changes - The company expects softer oil prices to lower the industry rig count as market volatility overrides potential incremental demand, with over 50% of customers preferring performance-based contracts [8][19]. - The average rig count in the North American Solutions segment is projected to range between 143 and 149 for the third quarter, with a revenue backlog of approximately $700 million [21][22]. Company Strategy and Development Direction - The company aims to execute its international growth strategy following the KCAD acquisition, which has positioned it as a global leader with the largest active rig count in the industry [5][6]. - The focus is on enhancing value and performance for customers and shareholders by prioritizing safety, drilling efficiency, and reliability [13][14]. - The company plans to realign cost structures, secure value-added synergies, and reduce debt on its balance sheet while remaining optimistic about scaling in prolific oil and gas regions [14][27]. Management's Comments on Operating Environment and Future Outlook - Management acknowledges headwinds from OPEC production increases and US tariff initiatives, but remains bullish about the long-term outlook for oil and gas markets, expecting demand to continue increasing [7][8]. - The company is focused on integrating operations and minimizing costs while addressing challenges in Saudi operations, with expectations for improvement in results as integration progresses [11][20]. - Management emphasizes the importance of performance-based contracts and technology solutions in driving efficiency and reliability for customers [9][22]. Other Important Information - The company is capturing synergies post-acquisition and has identified additional cost savings exceeding the original $25 million target by 2026 [26]. - The projected depreciation expense for the full year is around $595 million, with general and administrative expenses expected to be approximately $280 million [25][26]. Q&A Session Summary Question: What is the current state of the Saudi market regarding rig suspensions? - Management indicated uncertainty about the completion of the suspension cycle but noted that historically, rigs have returned to work after suspensions [30][32]. Question: How will the dynamics of rig suspensions and legacy HP rigs affect fiscal Q4? - Management expects a positive inflection in margins for Q4 as legacy HP rigs come online, offsetting the impact of suspensions [34][36]. Question: What is the expected contribution from the eight rigs in Saudi Arabia? - The anticipated contribution is around $25 million annually, with potential for this number to increase due to operational synergies [42][44]. Question: Will there be pressure on day rates in the domestic market due to rig count declines? - Management acknowledged the potential for pricing concessions but emphasized the importance of maintaining margins through performance-based contracts [52][102]. Question: Are there plans to relocate land rigs from Saudi Arabia to other markets? - Management confirmed that relocating rigs to neighboring countries is a possibility if they do not return to work [87][88]. Question: Is there potential for an increase in performance-based contracts? - While the current adoption rate is stable, management is actively pushing for more performance-based contracts as a means to provide value to customers [89][92].

Sunoco LP (SUN) reported first-quarter 2025 earnings of $1.21 per unit, which missed the Zacks Consensus Estimate of $1.69. However, the bottom line improved from the year-ago quarter’s $1.06 per unit. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Total quarterly revenues of $5.18 billion missed the Zacks Consensus Estimate of $5.32 billion. The top line also decreased from $5.50 billion reported in the year-ago quarter.The year-over-year increase in earnings can be attributed to ...