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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: $14.92 | Change: +$0.18 | %Change: +1.22%
Volume: 1.1m | Day High/Low: 15.23/14.77 | 52 Week High/Low: 15.65/9.20


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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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Upgrade

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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RE:RE:RE:RE:RE:RE:RE:RE:RE:CIBC

They bet top and net (adjusted)...plus annonced acceleration of capex this year. Good report!  rate and reply
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RE:RE:RE:RE:RE:RE:RE:RE:CIBC

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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RE:RE:RE:RE:RE:RE:RE:CIBC

$.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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RE:RE:RE:RE:RE:RE:CIBC

what are their earnings expected to be?  rate and reply
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RE:RE:RE:RE:RE:CIBC

better  rate and reply
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RE:RE:RE:RE:CIBC

Predictions for earnings?  rate and reply
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RE:RE:RE:CIBC

happy owner of 1300 more shares!  rate and reply
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RE:RE:CIBC

thats great... anyone hear of a recent downgrade on BNN?  rate and reply
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RE:CIBC

Looking at this morning's summary of the companies in the sector, I see that they have again raised their target for PD (this time from $17.25 to $18.00). GLTA  rate and reply
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RE:Another Upgrade

They raised their target from $15.50 to $16.50. GLTA  rate and reply
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Another Upgrade

Welcome aboard motherearth. GLTA   Target Up Precision Drilling Corporation Raymond James Outperform 07/17/14  rate and reply