Major Drilling Group International Inc - Company Profile
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Major Drilling Group International Inc (Major Drilling) is a leading provider of specialized drilling services in the metals and mining industry. The company offers a wide range of drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole, and surface drill and blast. Major Drilling is recognized for its expertise in delivering innovative and high-quality drilling solutions. Its services cater to a global clientele, including some of the world's largest mining companies, addressing diverse needs across various sectors. The company operates through a network of field operations and registered offices across North America, South America, Australia, Asia, Africa, and Europe. Major Drilling's target markets include mining-friendly regions worldwide. Major Drilling is headquartered in Moncton, New Brunswick, Canada.
Headquarters
Canada
Address
111 St. George Street, Suite 100, Moncton, New Brunswick, E1C1T7
Website
www.majordrilling.com
Telephone
1 506 8578636
No of Employees
5,414
Industry
Energy and Utilities
Ticker Symbol & Exchange
MDI (TSE)
Revenue (2025)
$531.1M
3%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-51.1%
(2025 vs 2024)
Market Cap*
$873.1M
Net Profit Margin (2025)
XYZ
-52.5%
(2025 vs 2024)
* As of and is in US$
Major Drilling Group International Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| GeoSolutions: | Surface: |
| AquaLink | Directional Drilling |
| Rock5 | Core Drilling |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In August, the company announced the launch of its field-ready Drillside Imaging Unit as a part of its service offering. |
| 2025 | Acquisitions/Mergers/Takeovers | In February, the company acquired a 39.8% stake in KORE GeoSystems and DGI Geoscience from Canadian Shield. |
| 2024 | Acquisitions/Mergers/Takeovers | In November, the company acquired all of the issued and outstanding shares of Explomin Perforaciones, a specialty drilling contractor. |
Competitor Comparison
| Key Parameters | Major Drilling Group International Inc | Precision Drilling Corp | Akita Drilling Ltd | Orbit Garant Drilling Inc | Midland Exploration Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Moncton | Calgary | Calgary | Val-Dor | Montreal |
| State/Province | New Brunswick | Alberta | Alberta | Quebec | Quebec |
| No. of Employees | 5,414 | 5,159 | 1,064 | 1,100 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kim Keating | Chairman | Executive Board | - | - |
| Denis Larocque | Chief Executive Officer; President; Director | Executive Board | 2015 | - |
| Ian Ross | Chief Financial Officer | Senior Management | - | - |
| Ashley Martin | Chief Operating Officer | Senior Management | - | - |
| Marc Landry | Chief Technology Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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