July 28th, 2021

Precision Drilling: Q2 Earnings Snapshot


By The Associated Press on July 22, 2021.

CALGARY, Alberta (AP) _ Precision Drilling Corp. (PDS) on Thursday reported a loss of $61.8 million in its second quarter.

The Calgary, Alberta-based company said it had a loss of $4.65 per share.

The oilfield services company posted revenue of $163.9 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $167.3 million.

Precision Drilling shares have more than doubled since the beginning of the year. The stock has more than doubled in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDS at https://www.zacks.com/ap/PDS

Share this story:

6
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments


0
Would love your thoughts, please comment.x
()
x