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Precision Drilling Corporation T.PD

Sector: Energy | Sub-Sector: Oil & Gas Equipment & Services

Precision Drilling Corp is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations.
Price: $14.75 | Change: +$0.01 | %Change: +0.07%
Volume: 1.5m | Day High/Low: 15.23/14.67 | 52 Week High/Low: 15.65/9.20

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Analyst Comment

Second stock in the clip. Despite being asked in the question, based on his response, I'm not sure if he was aware of the just released earnings. Will post  the CIBC report when I find it but really...read more
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RE:Target Price Revisions

And to top it off, Scotia comes in with $20.:)  rate and reply
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Target Price Revisions

CIBC from $18 to $19.25 sector outperform Jefferies from $15 to $28 rated a buy I'm sure more to follow. Good luck all.  rate and reply
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RE:Straight-line depreciation

thanks dk  rate and reply
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Straight-line depreciation

From 2014Q1 Earnings Release: As a result of our annual review of the estimated useful lives and method of depreciation for our property, plant and equipment, effective January 1, 2014 we are...read more
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RE:RE:RE:RE:RE:can someone please explain how this changes things thanks?

love what I'm seeeing.  rate and reply
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RE:RE:RE:RE:can someone please explain how this changes things thanks?

BNN's Andrew McCreath just called it a "great quarter" and he holds it in his funds. GLTA  rate and reply
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RE:RE:RE:can someone please explain how this changes things thanks?

we should be good here... as we enter the second wave of  seasonal strength in energy.  rate and reply
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RE:RE:can someone please explain how this changes things thanks?

Here's the Globe & Mail extract. Given the headline, they see this as positive. GLTA Precision Drilling revenue jumps 25 per cent   Thursday, July 24, 2014 Precision Drilling Corp...read more
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RE:can someone please explain how this changes things thanks?

seems odd agree...maybe the concall will enlighten  rate and reply
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can someone please explain how this changes things thanks?

The company posted a loss of C$7 million, or 2 Canadian cents per share, in the second quarter ended June 30, after it changed its method of calculating depreciation. The change reduced earnings by...read more
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This happened before the release of results. GLTA Precision Drilling Corp (NYSE:PDS) was upgraded by analysts at ISI Group from a "hold" rating to an "accumulate" rating. Previous closing price of...read more
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They bet top and net (adjusted)...plus annonced acceleration of capex this year. Good report!  rate and reply
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The big beat was Q4 of 2012, this time last year (Q2 of 2013) was also a beat, estimates were a loss of $.02 while PD came in at an even $0. http://www.theglobeandmail.com/globe-investor/markets...read more
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$.02/share per the globeandmail. Last year @ this time, the est was $.06/share and they delivered $.21/share. They should met or exceed last year. The strategic alliance recently announced, makes the...read more
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what are their earnings expected to be?  rate and reply
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better  rate and reply
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Predictions for earnings?  rate and reply
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happy owner of 1300 more shares!  rate and reply
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thats great... anyone hear of a recent downgrade on BNN?  rate and reply

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