Shares of Precision Drilling PDS rose over 13% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were down 0.00% year over year to ($0.01), which beat the estimate of ($0.05).
Revenue of $283,095,000 lower by 13.04% year over year, which missed the estimate of $308,310,000.
Looking Ahead
Precision Drilling hasn't issued any earnings guidance for the time being.
Precision Drilling hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Apr 30, 2020
Time: 01:01 PM ET
Webcast URL: https://edge.media-server.com/mmc/p/4pizhjpz
Price Action
52-week high: $2.63
52-week low: $0.27
Price action over last quarter: down 60.88%
Company Profile
Precision Drilling is a leader in North American oil and gas services. Precision is Canada's market leader in contract drilling, and expanded in to the United States with the purchase of Grey Wolf. In addition to more than 250 land rigs, the company also offers completions, workover, maintenance, and abandonment services with more than 235 service rigs. The trust also offers equipment rentals, rig-site camps, and catering.
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