Precision Drilling (TSE:PD) (NYSE:PDS) will be announcing its earnings results before the market opens on Thursday, April 26th. Analysts expect the company to announce earnings of C($0.05) per share for the quarter.
Precision Drilling (TSE:PD) (NYSE:PDS) last announced its quarterly earnings results on Thursday, February 15th. The company reported C($0.08) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.10) by C$0.02. Precision Drilling had a negative return on equity of 10.28% and a negative net margin of 13.54%. The firm had revenue of C$347.19 million during the quarter, compared to analyst estimates of C$340.06 million.
Shares of Precision Drilling stock opened at C$4.14 on Tuesday. Precision Drilling has a twelve month low of C$2.89 and a twelve month high of C$5.92.
In other news, Director Kevin A. Neveu acquired 50,000 shares of the business’s stock in a transaction on Tuesday, March 20th. The stock was bought at an average cost of C$3.55 per share, for a total transaction of C$177,500.00. Also, Director Carey Thomas Ford acquired 10,000 shares of the business’s stock in a transaction on Wednesday, March 7th. The shares were purchased at an average price of C$3.02 per share, with a total value of C$30,200.00.
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About Precision Drilling
Precision Drilling Corporation provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry.
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