PDS Biotech Reports First Quarter 2025 Financial Results and Provides Clinical Programs and Corporate Update
- VERSATILE-003 Phase 3 Site Initiations Underway Multiple Abstracts Selected for Presentation at the 2025 American Society of Clinical Oncology Annual Meeting Conference call and webcast today at 8:00 a.m. Eastern Time PRINCETON, N.J.
- 05/14/2025
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PDS Health Expands CyberArk Deployment to Automate Certificate Lifecycle Management at Scale
- NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced that PDS Health, a leading integrated healthcare support organization serving more than 1,000 dental and primary care practices across the U.S., will extend its CyberArk implementation with additional machine identity security solutions. By adding CyberArk Zero Touch PKI and CyberArk Certificate Manager to its identity security program, PDS Health will moderniz.
- 05/13/2025
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PDS Biotechnology Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
- PRINCETON, N.J., May 09, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that on May 5, 2025, PDS Biotech granted a nonstatutory stock option to purchase 5,000 shares of common stock to an employee in its clinical department as a material inducement to such employee's employment and in accordance with Nasdaq Listing Rule 5635(c)(4) and PDS Biotech's 2019 Inducement Plan, as amended, which was adopted on June 17, 2019, and provides for the granting of equity awards to new employees of PDS Biotech.
- 05/09/2025
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PDS Biotech Announces Conference Call and Webcast for First Quarter 2025 Financial Results
- PRINCETON, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that the Company will host a conference call to report financial results for the quarter ended March 31, 2025, and provide a clinical programs update on Wednesday, May 14, 2025 at 8:00 a.m.
- 05/07/2025
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Precision Drilling Corporation (PDS) Q1 2025 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Lavonne Zdunich - Vice President of Investor Relations Carey Ford - Chief Financial Officer Kevin Neveu - President, Chief Executive Officer & Director Conference Call Participants Aaron MacNeil - TD Cowen Keith MacKey - RBC Capital Markets Waqar Syed - ATB Capital Markets John Gibson - BMO Capital Markets John Daniel - Daniel Energy Partners Aaron Rosenthal - JPMorgan Operator Good day and thank you for standing by. Welcome to the Precision Drilling Corporation 2025 First Quarter Results Conference Call and Webcast.
- 04/24/2025
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Precision Drilling (PDS) Misses Q1 Earnings and Revenue Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $1.53 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.88 per share a year ago.
- 04/23/2025
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Precision Drilling Announces 2025 First Quarter Unaudited Financial Results
- CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on investments and other assets, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.
- 04/23/2025
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PDS Biotech Announces Multiple Abstracts Selected for Presentation at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting
- PRINCETON, N.J., April 23, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that three abstracts on Versamune® HPV (PDS0101) have been accepted for presentation at the 2025 American Society of Clinical Oncology (“ASCO”) Annual Meeting, taking place May 30-June 3, 2025, in Chicago, Illinois.
- 04/23/2025
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Earnings Preview: Precision Drilling (PDS) Q1 Earnings Expected to Decline
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/16/2025
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PDS Biotech Announces Preclinical Influenza Data to be Presented in Symposium at IMMUNOLOGY2025™ Annual Meeting
- PRINCETON, N.J., April 16, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that preclinical immune response data with a novel Infectimune® based flu vaccine will be featured in a symposium on universal influenza vaccines at the American Association of Immunologists' IMMUNOLOGY2025™ Annual Meeting, taking place May 3-7, 2025, in Honolulu, Hawaii.
- 04/16/2025
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PDS Biotech Announces PDS01ADC Clinical Data to be Presented at the American Association for Cancer Research (AACR) Annual Meeting 2025
- NCI presentation to highlight IL-12 fused antibody drug conjugate during poster presentation PRINCETON, N.J., April 08, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that an abstract submitted by the National Cancer Institute (“NCI”) reporting clinical data on PDS01ADC, the Company's IL-12 fused antibody drug conjugate, has been accepted for presentation at the American Association for Cancer Research (“AACR”) Annual Meeting 2025, taking place April 25-30, 2025, in Chicago, Illinois.
- 04/08/2025
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Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual and Special Meeting of Shareholders
- CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) announces today the filing of its Management Information Circular (the Circular) issued in connection with the 2025 Annual and Special Meeting of Shareholders (the Annual Meeting). A copy of the Circular can be downloaded from the Company's SEDAR+ profile at www.sedarplus.ca and the Company's EDGAR profile at www.sec.gov. The Circular is also available on Precision's website at www.precisiondrilling.com.
- 04/02/2025
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PDS Biotech Reports Full Year 2024 Financial Results and Provides Clinical Programs Update
- Initiated VERSATILE-003 Phase 3 Clinical Trial Evaluating Versamune ® HPV in HPV16-Positive Head and Neck Cancer
- 03/27/2025
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Precision Drilling Corporation 2025 First Quarter Results Conference Call and Webcast
- CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2025 first quarter results after the market closes on Wednesday, April 23, 2025, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Thursday, April 24, 2025.
- 03/26/2025
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PDS Biotech Leadership to Present at 2025 CAGLA NeauxCancer Conference
- PRINCETON, N.J., March 25, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that Frank Bedu-Addo, PhD, President and Chief Executive Officer of PDS Biotech, will present at the 2025 Cancer Advocacy Group of Louisiana (CAGLA) NeauxCancer Conference in New Orleans on Friday, March 28 – Saturday, March 29, 2025.
- 03/25/2025
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PDS Biotech Announces Conference Call and Webcast for Full Year 2024 Financial Results
- PRINCETON, N.J., March 18, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that the Company will host a conference call to report financial results for the year ended December 31, 2024, and provide a clinical programs update on Thursday, March 27, 2025, at 8:00 a.m.
- 03/18/2025
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PDS Biotech Announces FDA Clearance of IND Application for Combination of Versamune® MUC1 and PDS01ADC to Treat Metastatic Colorectal Cancer
- Phase 1/2 trial evaluating the proprietary combination to be run under CRADA with the National Cancer Institute Second Versamune ® platform candidate targets MUC1-positive solid tumors U.S. Patent #12,201,685 covering methods of using combinations of the Versamune ® platform and various immunocytokines, including PDS01ADC recently issued PRINCETON, N.J., March 13, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that the U.S. Food and Drug Administration has cleared its Investigational New Drug (“IND”) application filed in January 2025 to evaluate a combination of Versamune® MUC1 (formerly PDS0103), its novel investigational MUC1-targeted immunotherapy candidate + PDS01ADC to treat MUC1-positive unresectable, metastatic colorectal carcinoma (“mCRC”) in patients who failed previous treatment.
- 03/13/2025
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PDS Biotech Leadership to Participate in March Conferences
- PRINCETON, N.J., March 11, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that Frank Bedu-Addo, PhD, President and Chief Executive Officer of PDS Biotech, will present at the Zacks SCR Life Sciences Virtual Investor Forum on Thursday, March 13, 2025, and the 2025 Cancer Advocacy Group of Louisiana (CAGLA) NeauxCancer Conference in New Orleans on Friday, March 28 – Saturday, March 29, 2025.
- 03/11/2025
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Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
- CALGARY, Alberta, March 10, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) announces that it has filed its annual disclosure documents with the securities commissions in each of the provinces of Canada and the United States Securities and Exchange Commission (SEC).
- 03/10/2025
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PDS Biotech Initiates VERSATILE-003 Phase 3 Clinical Trial Evaluating Versamune® HPV in HPV16-Positive Head and Neck Cancer
- First-ever HPV16-positive head and neck cancer Phase 3 clinical trial First-ever HPV16-positive head and neck cancer Phase 3 clinical trial
- 03/07/2025
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EMV Capital portfolio company PDS Biotechnology raises $11mln
- EMV Capital plc (AIM: EMVC) portfolio company PDS Biotechnology Corporation (Nasdaq: PDSB) has raised $11 million, through an equity funding. PDS, which is focussed on immunotherapies, sold around 7.33 million new shares in a direct offer, plus warrants which (if exercised) will bring in another $11 million.
- 02/28/2025
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PDS Biotech Announces up to $22 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
- PRINCETON, N.J., Feb. 27, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced it has entered into securities purchase agreements with new and existing healthcare focused institutional investors as well as participation from certain directors of the Company, for the purchase and sale of 7,330,121 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to an aggregate of 7,330,121 shares of common stock in a registered direct offering priced at-the-market under Nasdaq rules (the "Offering") at a combined purchase price of $1.50 for the institutional investors and $1.66 for certain directors of the Company.
- 02/27/2025
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PDS Biotech Announces Positive Clinical Data Demonstrating Compelling Survival and Clinical Responses in Recurrent/Metastatic HPV-Associated Cancers Published in JAMA Oncology
- Median Overall Survival (mOS) of 42.4 months in immune checkpoint inhibitor naïve patients; Historical published result is 7-12 months Continued survival in the cohort of HPV16-positive immune checkpoint inhibitor naïve patients - mOS not yet reached Median OS of 17 months in HPV16-positive immune checkpoint inhibitor resistant patients; Historically published result is 3-4 months Significant tumor shrinkage with confirmed objective response rate (ORR) of 75% in HPV16-positive immune checkpoint inhibitor naïve patients; Historically published result is 11-24% PRINCETON, N.J., Feb. 26, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced the publication of clinical results in the Journal of the American Medical Association (JAMA) Oncology.
- 02/26/2025
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PDS Biotech Announces Circulating Tumor DNA Results for Versamune® HPV in IMMUNOCERV Trial Published in Clinical Cancer Research
- Data confirms Versamune ® HPV has potential as a broadly effective treatment of HPV16-associated cancers – Initiation of Phase 3 trial in HPV16-positive HNSCC planned for Q1 2025
- 02/24/2025
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Precision Drilling: Accelerating Capital Returns Should Put A Floor On The Stock
- Precision Drilling Corporation underwhelmed in its Q4-2024 report. The company did deliver on its debt reduction target and cash flow should start flowing increasingly in the direction of shareholders. We go over the numbers and tell you how we are playing this.
- 02/20/2025
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PDS Biotech to Participate at B. Riley Securities Precision Oncology & Radiopharma Conference 2025
- PRINCETON, N.J., Feb. 20, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced that Frank Bedu-Addo, PhD, President and Chief Executive Officer of PDS Biotech will participate in a fireside chat at the B.
- 02/20/2025
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Precision Drilling Corporation (PDS) Q4 2024 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q4 2024 Earnings Conference Call February 13, 2025 1:00 PM ET Company Participants Lavonne Zdunich - VP, Investor Relations Carey Ford - CFO Kevin Neveu - President, CEO & Director Conference Call Participants Aaron MacNeil - TD Cowen Kurt Hallead - Benchmark Sean Mitchell - Daniel Energy Partners Keith MacKey - RBC Capital Markets Waqar Syed - ATB Capital Markets Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2024 Fourth Quarter and End of Year Results Conference Call and Webcast.
- 02/13/2025
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Precision Drilling (PDS) Misses Q4 Earnings and Revenue Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $3.45 per share a year ago.
- 02/12/2025
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Precision Drilling Announces 2024 Fourth Quarter and Year End Unaudited Financial Results
- CALGARY, Alberta, Feb. 12, 2025 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on acquisition, loss on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.
- 02/12/2025
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Precision Drilling Corporation 2024 Fourth Quarter and Year-End Results Conference Call and Webcast
- CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 fourth quarter and year-end results after the market closes on Wednesday, February 12, 2025 and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Thursday, February 13, 2025.
- 01/14/2025
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Precision Drilling Meets 2024 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates
- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release.
- 01/07/2025
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PDS Biotechnology Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
- PRINCETON, N.J., Dec. 06, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced that on December 3, 2024, PDS Biotech granted nonstatutory stock options to purchase 7,000 shares of common stock to an employee in the clinical department as a material inducement to employment with PDS Biotech and in accordance with Nasdaq Listing Rule 5635(c)(4) and PDS Biotech's 2019 Inducement Plan, as amended, which was adopted on June 17, 2019, and provides for the granting of equity awards to new employees of PDS Biotech.
- 12/06/2024
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PDS Biotech to Host Key Opinion Leader Event on December 17 at 12 p.m. ET
- Discussion topics to include pathology and prevalence of HPV16-positive head and neck cancer, VERSATILE-003 Phase 3 clinical trial design and initiation Discussion topics to include pathology and prevalence of HPV16-positive head and neck cancer, VERSATILE-003 Phase 3 clinical trial design and initiation
- 12/03/2024
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Drill Bit Market Size Will Hit USD 4.12 Billion by 2032, Owing to Increasing Demand for Precision Drilling Technologies | Report by SNS Insider
- “The global drill bit market is expanding rapidly, driven by rising demand from industries like oil & gas, mining, aerospace, and construction for durable, high-performance drilling technologies.” “The global drill bit market is expanding rapidly, driven by rising demand from industries like oil & gas, mining, aerospace, and construction for durable, high-performance drilling technologies.”
- 11/19/2024
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Precision Drilling: Capitalizing On Strong Activity In Canada
- Precision Drilling's Q3 report shows strong performance in Canada, where rig demand is at multiyear highs. While the U.S. market remains a weakness, Precision Drilling is generating adequate margins on its super spec rigs that remain in tight supply. When U.S. activity rebounds, Precision Drilling will benefit from the much higher pricing that will be necessary to balance the market.
- 11/17/2024
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EMV Capital highlights progress update from portfolio company PDS Biotech
- EMV Capital (AIM:EMVC) has noted the clinical progress update from portfolio company PDS Biotechnology alongside its third-quarter update. Frank Bedu-Addo, PDS chief executive, said: "Since our last update in August, we have been actively engaged with investors and clinicians to discuss our strategy and funding requirements for our VERSATILE-003 Phase 3 trial of Versamune® HPV + pembrolizumab compared to pembrolizumab as a potential treatment for first-line recurrent/metastatic HPV16-positive head and neck squamous cell cancer (HNSCC).
- 11/14/2024
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Patterson Dental Extends Strategic Relationship With PDS Health
- ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Dental Supply, Inc., a subsidiary of Patterson Companies, Inc. (Nasdaq: PDCO), today announced an agreement in principle between Patterson and PDS Health, a leading dental and medical support organization formerly known as Pacific Dental Services, to extend their strategic relationship through the end of 2027. The extension allows Patterson to continue as the premier distributor for all merchandise, services, technology and core equipment across PDS H.
- 11/13/2024
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PDS Biotech to Announce Third Quarter Financial Results on November 14, 2024 at 8:30 a.m. Eastern Time
- PRINCETON, N.J., Nov. 06, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced that the Company will host a conference call to report financial results for the quarter ended September 30, 2024, and provide a clinical program update on Thursday, November 14, 2024, at 8:30 a.m. Eastern Time.
- 11/06/2024
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Precision Drilling Corporation (PDS) Q3 2024 Earnings Conference Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Lavonne Zdunich - VP, IR Carey Ford - CFO Kevin Neveu - President and CEO Conference Call Participants Kurt Hallead - Benchmark Waqar Syed - ATB Capital Markets Sean Mitchell - Daniel Energy Partners John Gibson - BMO Capital Markets Keith Mackey - RBC Capital Markets Aaron MacNeil - TD Cowen Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2024 Third Quarter Conference Call.
- 10/30/2024
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Precision Drilling (PDS) Surpasses Q3 Earnings Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.08 per share a year ago.
- 10/29/2024
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Precision Drilling Announces 2024 Third Quarter Unaudited Financial Results
- CALGARY, Alberta, Oct. 29, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, loss (gain) on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.
- 10/29/2024
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Precision Drilling Corporation 2024 Third Quarter Results Conference Call and Webcast
- CALGARY, Alberta, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Wednesday, October 30, 2024.
- 10/02/2024
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PDS Biotech Announces 36-Month Overall Survival Rate of 84.4% in Locally Advanced Cervical Cancer Patients Treated with Versamune® HPV and Chemoradiation
- 100% 36-month overall survival (OS) and progression-free survival (PFS) rates in patients fully treated with Versamune ® HPV combined with chemoradiation (N=8) 88% (15/17) of patients had a complete metabolic response IMMUNOCERV Phase 2 clinical trial results presented at ASTRO Annual Meeting 2024
- 10/02/2024
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Precision Drilling: Get 20% Free Cash Flow Yield At The Cyclical Bottom
- U.S. drilling activity is at a cyclical bottom, but Canada is at multiyear highs. The Canadian exposure and its high-spec rigs allow Precision Drilling to maintain a 20% FCF yield even now. Investors can benefit from Precision Drilling's buybacks while waiting for the turnaround in the U.S.
- 09/23/2024
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PDS Biotechnology: Continuing The Holding Pattern
- PDS Biotechnology is focusing on an HPV-directed immunotherapy as its main near-term hope, with new data presented at the ESMO Congress. Strengths include promising clinical data and a focused pipeline, while risks involve typical biotech uncertainties and financial sustainability. The bottom-line summary suggests a cautious yet optimistic outlook, emphasizing the importance of upcoming clinical milestones and financial health.
- 09/23/2024
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Precision Drilling Announces Renewal of Normal Course Issuer Bid
- CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release.
- 09/13/2024
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PDS Biotech to Present Updated VERSATILE-002 Data at ESMO Congress 2024
- PRINCETON, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, will present updated data from the VERSATILE-002 trial evaluating first-line treatment with Versamune® HPV (formerly PDS0101) in combination with KEYTRUDA® (pembrolizumab) in patients with HPV16-positive recurrent/metastatic head and neck squamous cell carcinoma (HNSCC) during a poster presentation at the upcoming European Society for Medical Oncology (ESMO) Congress 2024 on September 14, 2024, in Barcelona, Spain.
- 09/09/2024
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PDS Biotech to Present at H.C. Wainwright 26th Annual Global Investment Conference
- PRINCETON, N.J., Sept. 03, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced that Frank Bedu-Addo, PhD, President and Chief Executive Officer of PDS Biotech will present at the H.C. Wainwright 26th Annual Global Investment Conference taking place September 9-11, 2024 in New York City.
- 09/03/2024
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5 Stocks With Low Price-to-Sales Ratios to Elevate Your Portfolio
- The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like BTU, PSMT, HG, PDS and GBX hold promise.
- 08/28/2024
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Is Precision Drilling (PDS) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/27/2024
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Despite Fast-paced Momentum, Precision Drilling (PDS) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Precision Drilling (PDS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/27/2024
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New Strong Buy Stocks for August 27th
- LYTS, PDS, STRL, MASI and DEC have been added to the Zacks Rank #1 (Strong Buy) List on August 27, 2024.
- 08/27/2024
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PDS Biotech to Announce Second Quarter Financial Results on August 13, 2024
- PRINCETON, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced that the Company will report financial results for the second quarter of 2024 and provide a business update on Tuesday, August 13, 2024, before the market opens. The press release will be available in the Investor Relations section of the Company's website at www.pdsbiotech.com.
- 08/07/2024
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PDS Biotech Aligns with FDA on Phase 3 Trial in HPV16-Positive First-Line Recurrent or Metastatic Head and Neck Cancer
- Company to initiate Phase 3 VERSATILE-003 trial in Q4 2024 Conference Call Today at 8:00 a.m. Eastern Time PRINCETON, N.J.
- 08/01/2024
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Precision Drilling Corporation (PDS) Q2 2024 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q2 2024 Earnings Conference Call July 31, 2024 1:00 PM ET Company Participants Lavonne Zdunich – Vice President-Investor Relations Kevin Neveu – President and Chief Executive Officer Carey Ford – Chief Financial Officer Conference Call Participants Kurt Hallead – Benchmark Luke Lemoine – Piper Sandler Aaron MacNeil – TD Cowen Waqar Syed – ATB Capital Markets Jamie Kubik – CIBC John Gibson – BMO Capital Markets Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2024 Second Quarter Conference Call.
- 07/31/2024
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PDS Biotech to Host Clinical Program Update Conference Call on August 1, 2024, at 8 a.m. Eastern Time
- PRINCETON, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers and the development of infectious disease vaccines, today announced that the Company will host a conference call to provide a clinical program update on Thursday, August 1, 2024, at 8:00 a.m. ET.
- 07/31/2024
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Precision Drilling (PDS) Surpasses Q2 Earnings and Revenue Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of a loss of $0.62 per share. This compares to earnings of $1.21 per share a year ago.
- 07/30/2024
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Precision Drilling Announces 2024 Second Quarter Unaudited Financial Results
- CALGARY, Alberta, July 30, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, loss (gain) on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.
- 07/30/2024
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Precision Drilling (PDS) Reports Next Week: Wall Street Expects Earnings Growth
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/23/2024
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Precision Drilling: Automation Makes It A Buy
- Precision Drilling Corporation is experiencing growth in service rigs, driven by Trans Mountain pipeline expansion and regulatory spending requirements, potentially accelerating demand for the stock. Recent plans to reduce debt levels and distribute 25%-35% of FCF to shareholders could further boost stock demand. The business review highlights drilling as the most relevant activity, with potential synergies from CWC Energy Services acquisition and automation technologies enhancing future drilling activities.
- 07/07/2024
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Precision Drilling Corporation 2024 Second Quarter Results Conference Call and Webcast
- CALGARY, Alberta, July 03, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024, and has scheduled a conference call to begin at 11:00 a.m. MT (1:00 p.m. ET) on the next day, Wednesday, July 31, 2024.
- 07/03/2024
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Seed Health to Present New Clinical Data on 'DS-01® Daily Synbiotic' for Both Antibiotic Recovery and IBS at Digestive Disease Week 2024
- The company will present the results of two clinical trials that expand the potential health impact of its flagship 24-strain probiotic and prebiotic, DS-01® BOSTON, May 20, 2024 /PRNewswire/ -- Seed Health will present new clinical data on its flagship innovation, DS-01® Daily Synbiotic, a 24-strain probiotic and prebiotic, at the upcoming 2024 Digestive Disease Week® (DDW) meeting. The presentations will highlight the results from two randomized, double-blind, placebo-controlled clinical trials: one assessing the recovery effects of DS-01® on individuals during and following antibiotic usage, and another evaluating DS-01® in patients with irritable bowel syndrome (IBS). The findings underscore Seed's mission to transform breakthrough microbiome science into clinically validated consumer health innovations. "DS-01® was formulated to maximize genomic diversity and set an entirely new standard in probiotics," stated Zain Kassam, M.D., M.P.H, Chief Medical Officer at Seed Health. "Our latest clinical data expands DS-01®'s potential health impact, broadens its clinical use cases, and helps dispel the common perception in the medical community that all probiotics are created equal." Dirk Gevers, Ph.D., Chief Scientific Officer at Seed Health, added, "The findings presented at DDW highlight the rigorous biopharma approach we bring to everyday health. We evaluated digestive well-being by studying biopharmaceutical-type biomarkers, exploring possible mechanisms of action in IBS, and conducting deeper microbiome sequencing than typical probiotic trials following antibiotics." DDW Presentation Highlights These presentations will detail the methodology and results from the two clinical trials which have important implications for the application of microbiome science in consumer health and well-being. Seed's Health clinical data on DS-01® Daily Synbiotic for antibiotic recovery and IBS will be presented in the session "Prebiotics, Probiotics and Synbiotics in Health and Disease" on May 20, 2024, from 12:30 PM to 1:30 PM EDT. About Seed HealthSeed Health is a microbiome science company pioneering innovations in probiotics and living medicines to impact human and planetary health. Founded to realize the potential of the microbiome, our platform enables the translation of breakthrough science across a portfolio targeting health outcomes from infancy to aging. Our consumer innovations are commercialized under Seed®, an award-winning, science-first brand known for clinically validated innovations in probiotics, including DS-01® Daily Synbiotic and PDS-08® Pediatric Daily Synbiotic. Our pipeline encompasses both indication-specific and preventive applications for gastrointestinal and digestive health, women's health, skin, pediatrics, brain health, metabolic function, and healthy aging. Our environmental research is conducted under SeedLabs, which was founded to advance novel bacterial interventions to enhance biodiversity and restore ecosystems impacted by human activity. Media Contact[email protected]
- 05/20/2024
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Precision Drilling Corporation Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders
- CALGARY, Alberta, May 16, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2024 Annual and Special Meeting of Shareholders held on May 16, 2024 (the Annual Meeting). Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors presented in the Company's Management Information Circular (the Circular), dated April 3, 2024.
- 05/16/2024
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Precision Drilling Corporation (PDS) Q1 2024 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q1 2024 Earnings Conference Call April 25, 2024 2:00 PM ET Company Participants Lavonne Zdunich - Vice President, Investor Relations Kevin Neveu - President and Chief Executive Officer Carey Ford - Chief Financial Officer Conference Call Participants Aaron MacNeil - TD Cowen Cole Pereira - Stifel Luke Lemoine - Piper Sandler Keith Mackey - RBC Capital Markets Waqar Syed - ATB Capital Markets Kurt Hallead - Benchmark Tim Monachello - ATB Capital Markets John Gibson - BMO Capital Markets Operator Good day and thank you for standing by. Welcome to the Precision Drilling Corporation 2024 First Quarter Conference Call.
- 04/25/2024
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3 Potential Opportunities in the Oil & Gas Drilling Industry
- Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, HP and PDS.
- 04/25/2024
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Precision Drilling (PDS) Q1 Earnings and Revenues Miss Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $2 per share. This compares to earnings of $4.12 per share a year ago.
- 04/25/2024
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Precision Drilling Announces 2024 First Quarter Unaudited Financial Results
- CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, loss (gain) on investments and other assets, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies, see “Financial Measures and Ratios” later in this news release.
- 04/25/2024
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Cash Flow Kings: 3 Stocks Sitting on Mountains of Money
- Cash flow is a key metric for evaluating a stock, especially for long-term value investors interested in cash flow stocks. In fact, it is one of the core sources of funds for a well-run company to pay dividends.
- 04/24/2024
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Earnings Preview: Precision Drilling (PDS) Q1 Earnings Expected to Decline
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/18/2024
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Precision Drilling Corporation Announces Filing of Management Information Circular, Virtual-Only Annual and Special Meeting of Shareholders, and 2023 ESG Performance Data
- CALGARY, Alberta, April 03, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) announces today the filing of its Management Information Circular (the Circular) issued in connection with the 2024 Annual and Special Meeting of Shareholders (the Annual Meeting). A copy of the Circular can be downloaded from the Company's SEDAR+ profile at www.sedarplus.ca and the Company's EDGAR profile at www.sec.gov. The Circular is also available on Precision's website at www.precisiondrilling.com.
- 04/03/2024
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The 7 Best Energy Stocks to Buy in April 2024
- As crude oil prices once again trend higher, you may be looking to increase your exposure to energy stocks. However, for the best energy stocks to buy in April, near-term price trends are not the only factor to consider.
- 04/02/2024
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Precision Drilling Corporation 2024 First Quarter Results Conference Call and Webcast
- CALGARY, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) intends to release its 2024 first quarter results before the market opens on Thursday, April 25, 2024, and has scheduled a conference call to begin at 12:00 noon MT (2:00 p.m. ET) on the same day.
- 04/02/2024
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The 3 Most Undervalued Small-Cap Stocks to Buy in March 2024
- Generally, enterprises that fall on the low end of the capitalization spectrum are risky but if you really want to go for it, you might as well consider undervalued small-cap stocks. When you're fishing in the small pond, you're already dealing with underappreciated ideas.
- 03/13/2024
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Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
- CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (Precision) announces that it has filed its annual disclosure documents with the securities commissions in each of the provinces of Canada and the United States Securities and Exchange Commission (SEC).
- 03/04/2024
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Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript
- Precision Drilling Corporation (PDS) Q4 2023 Earnings Call Transcript
- 02/06/2024
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Precision Drilling (PDS) Q4 Earnings and Revenues Top Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $3.45 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $0.20 per share a year ago.
- 02/06/2024
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Precision Drilling Reports 2023 Fourth Quarter and Year-End Unaudited Financial Results
- CALGARY, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, loss (gain) on investments and other assets, gain on acquisition, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals, and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) and may not be comparable to similar measures used by other companies, see “Financial Measures and Ratios” later in this news release.
- 02/06/2024
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7 Energy Stocks to Double Your Money by 2025
- Industry watchers expect 2024 to be a much stronger year for energy stocks for growth than 2023. Fidelity, for example, expects energy stocks to rebound due to limited supply, healthy demand, and increasing investment In production.
- 02/01/2024
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Precision Drilling (PDS) Earnings Expected to Grow: Should You Buy?
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/30/2024
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Precision Drilling Meets 2023 Debt Repayment and Share Repurchase Targets and Provides Capital Allocation, Financial and Operational Updates
- CALGARY, Alberta, Jan. 05, 2024 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release.
- 01/05/2024
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Precision Drilling Corporation 2023 Fourth Quarter and Year-End Results Conference Call and Webcast
- CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 fourth quarter and year-end results before the market opens on Tuesday, February 6, 2024, and has scheduled a conference call to begin at 12:00 noon MT (2:00 p.m. ET) on the same day.
- 01/04/2024
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Precision Drilling Corp: Put A Driller In Your Stocking
- Precision Drilling Corp (PDS) is being undervalued in the OFS market despite projected growth in their Canadian client base for 2024. Analysts rate PDS as a buy with price targets ranging from $83 to $107, implying potential for a 2-bagger from current prices. PDS is the leading drilling contractor in Canada and expects a strong start to 2024 with customer demand exceeding previous levels.
- 12/22/2023
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3 Phenomenal Bargain Energy Stocks That Are No-Brainer Buys Right Now
- Rig company Precision Drilling is selling at less than its liquidation value. Brookfield Infrastructure is a dirt-cheap growth stock.
- 11/21/2023
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Precision Drilling: Bullish On Canadian Oilfield Services Stocks Going Into 2024
- Echoing the events from this past spring, land drillers have sold off again and have possibly created another buying opportunity. The Canadian players Precision Drilling and Ensign Energy appear particularly undervalued, given that oilfield activity in Canada stands at multi-year highs. Precision Drilling can be bought at 3x next year's EBITDA or 5x next year's earnings; Wall Street expects 60% upside.
- 11/19/2023
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Michael Burry stock portfolio performance update
- The investing world saw only a few names gain as much notoriety as Michael Burry.
- 11/01/2023
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Precision Drilling Corporation (PDS) Q3 2023 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q3 2023 Earnings Conference Call October 26, 2023 2:00 PM ET Company Participants Lavonne Zdunich - Director of Investor Relations Carey Ford - Senior Vice President & Chief Financial Officer Kevin Neveu - President & Chief Executive Officer Conference Call Participants Aaron MacNeil - TD Cowen Luke Lemoine - Piper Stanley Kurt Hallead - Benchmark Keith Mackey - RBC Capital Markets Cole Pereira - Stifel Waqar Syed - ATB Capital Markets Sean Mitchell - Daniel Energy Partners Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2023 Third Quarter Conference Call.
- 10/26/2023
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Precision Drilling (PDS) Lags Q3 Earnings Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $1.08 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.56 per share a year ago.
- 10/26/2023
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Analysts Estimate Precision Drilling (PDS) to Report a Decline in Earnings: What to Look Out for
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/19/2023
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Precision Drilling Corporation 2023 Third Quarter Results Conference Call and Webcast
- CALGARY, Alberta, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 third quarter results before the market opens on Thursday, October 26, 2023, and has scheduled a conference call to begin at 12:00 noon MT (2:00 p.m. ET) on the same day.
- 10/04/2023
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Precision Drilling (PDS) Acquires CWC, Fortifies Portfolio
- Precision Drilling (PDS) anticipates realizing annual operating savings of around C$20 million following the integration of CWC Energy Services.
- 09/11/2023
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Precision Drilling: On The Move For Better Returns
- Precision Drilling Corporation provides onshore drilling and production services to E&P companies in the oil and gas industry. The company has the opportunity to leverage free cash flow generation through higher rig activity and better rates. Precision Drilling is focused on reducing debt, increasing operating efficiency, and implementing organic innovations to boost rig efficiency.
- 08/22/2023
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Precision Drilling (PDS) Q2 Earnings and Revenues Top Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to loss of $1.42 per share a year ago.
- 07/27/2023
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3 Stocks to Beat on Q2 Earnings Despite XOM's Downbeat View
- Investors should not steer clear of energy companies as there are several firms like PBF Energy (PBF), Precision Drilling (PDS) and Baker Hughes (BKR) that can beat earnings estimates in Q2.
- 07/10/2023
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Precision Drilling Corporation 2023 Second Quarter Results Conference Call And Webcast
- CALGARY, Alberta, July 06, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 second quarter results before the market opens on Thursday, July 27, 2023, and has scheduled a conference call to begin at 12:00 noon MT (2:00 p.m. ET) on the same day.
- 07/06/2023
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Precision Drilling Corporation: Improving Drilling Activity And Margin Expansion
- Precision Drilling Corporation: Improving Drilling Activity And Margin Expansion
- 06/26/2023
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3 Well-Positioned Stocks in the Oil & Gas Drilling Industry
- With the outlook for energy activity holding up despite some concerns, the Zacks Oil and Gas - Drilling companies like SDRL, PTEN and PDS are worth considering.
- 05/31/2023
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Precision Drilling (PDS) Beats Q1 Earnings and Revenue Estimates
- Precision Drilling (PDS) came out with quarterly earnings of $4.12 per share, beating the Zacks Consensus Estimate of $2.96 per share. This compares to loss of $2.57 per share a year ago.
- 04/26/2023
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Precision Drilling Corporation 2023 First Quarter Results Conference Call and Webcast
- CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2023 first quarter results before the market opens on Wednesday, April 26, 2023, and has scheduled a conference call to begin at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 04/03/2023
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3 Oil & Gas Drilling Stocks to Make It Through Macro Headwinds
- Despite the choppy activity trends associated with the Zacks Oil and Gas - Drilling industry, we advise focusing on fundamentally sound companies like HP, NBR and PDS.
- 03/09/2023
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Helmerich & Payne Stock, A Lot More Upside Than Meets the Eye
- China's economy has woken up from its long COVID slumber. The 12-month trend for one of the most reliable economic activity indicators, the Caixin Manufacturing PMI, has crossed into expansion levels for the first time since.
- 03/06/2023
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7 Speculative Stocks to Buy on the Market's Red Ink
- With the market struggling with economic uncertainties, hardened gamblers may want to consider speculative stocks to buy. Primarily, the market fallout that began in earnest last year imposed damage almost across the board.
- 03/01/2023
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Here's Why Precision Drilling (PDS) is Poised for a Turnaround After Losing -23.54% in 4 Weeks
- Precision Drilling (PDS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 02/10/2023
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Is the Options Market Predicting a Spike in Precision Drilling (PDS) Stock?
- Investors need to pay close attention to Precision Drilling (PDS) stock based on the movements in the options market lately.
- 02/10/2023
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Precision Drilling Corporation (PDS) Q4 2022 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q4 2022 Earnings Conference Call February 9, 2023 2:00 PM ET Company Participants Lavonne Zdunich - Director of Investor Relations Carey Ford - Senior Vice President & Chief Financial Officer Kevin Neveu - President & Chief Executive Officer Conference Call Participants Waqar Syed - ATB Capital Markets Keith MacKey - RBC Capital Markets Cole Pereira - Stifel Andrew Bradford - Raymond James Kurt Hallead - Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Precision Drilling Corporation 2022 Fourth Quarter and Year-End Results Conference Call.
- 02/09/2023
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Precision Drilling (PDS) Q4 Earnings Miss Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of -89.53% and 3.86%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/09/2023
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3 Oil and Gas Stocks with Huge Prospects in 2023
- While many investors now believe inflation and elevated energy prices are in the rear-view mirror there are still catalysts that can cause energy prices to rally in 2023
- 01/13/2023
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Precision Drilling (PDS) Upgraded to Strong Buy: Here's What You Should Know
- Precision Drilling (PDS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 01/11/2023
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Precision Drilling Corporation 2022 Fourth Quarter and Year-End Results Conference Call and Webcast
- CALGARY, Alberta, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 fourth quarter and year-end results before the market opens on Thursday, February 9, 2023, and has scheduled a conference call to begin at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 01/09/2023
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Precision Drilling (PDS) Is Attractively Priced Despite Fast-paced Momentum
- Precision Drilling (PDS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/09/2023
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BP Appears to be a Solid Investment Bet Now: Here's Why
- Attractive oil price is aiding BP's upstream operations.
- 12/21/2022
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Why it is Worth Adding MPLX Stock to Your Portfolio Now
- Being a leading midstream energy player, MPLX has the least exposure to commodity price fluctuations.
- 12/15/2022
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3 Good Buying Opportunities in the Oil & Gas Drilling Industry
- The ever-improving fundamentals in the Zacks Oil and Gas - Drilling industry amid a robust commodity price environment has provided enough growth tailwinds for operators like HP, PTEN and PDS.
- 12/14/2022
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4 Oil & Gas Stocks That Gained More Than 100% This Year
- With high oil and gas prices, the energy market witnessed ramped-up drilling activities in prolific basins across the globe this year. Frontrunners in the industry include PDS, NEX, NINE & YPF.
- 12/07/2022
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How Precision Drilling (PDS) Stock Stands Out in a Strong Industry
- Precision Drilling (PDS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 11/22/2022
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Despite Fast-paced Momentum, Precision Drilling (PDS) Is Still a Bargain Stock
- Precision Drilling (PDS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/21/2022
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Fast-paced Momentum Stock Precision Drilling (PDS) Is Still Trading at a Bargain
- Precision Drilling (PDS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/03/2022
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Precision Drilling Corporation (PDS) Q3 2022 Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q3 2022 Earnings Conference Call October 27, 2022 2:00 PM ET Company Participants Lavonne Zdunich - Director of Investor Relations Carey Ford - Senior Vice President & Chief Financial Officer Kevin Neveu - President & Chief Executive Officer Conference Call Participants Aaron MacNeil - TD Securities Waqar Syed - ATB Capital Markets Cole Pereira - Stifel Keith MacKey - RBC John Daniel - Daniel Energy Partners Operator Good day and thank you for standing by. Welcome to the Precision Drilling Corporation 2022 Third Quarter Results Conference Call.
- 10/27/2022
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Precision Drilling (PDS) Q3 Earnings and Revenues Beat Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of 50% and 6.71%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2022
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Precision Drilling Corporation 2022 Third Quarter Results Conference Call and Webcast
- CALGARY, Alberta, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 third quarter results before the market opens on Thursday, October 27, 2022, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day. To participate in the live call please register at the URL link below:
- 10/03/2022
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Precision Drilling Has Become Less Risky But Remains Unattractive
- PDS currently enjoys a strong tailwind thanks to the sanctions of western countries on Russia. PDS should be praised for prioritizing a healthy balance sheet.
- 09/13/2022
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Is Precision Drilling (PDS) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/01/2022
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Is Precision Drilling (PDS) Outperforming Other Oils-Energy Stocks This Year?
- Here is how Precision Drilling (PDS) and Petrobras (PBR) have performed compared to their sector so far this year.
- 08/30/2022
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Precision Drilling (PDS) Is Attractively Priced Despite Fast-paced Momentum
- Precision Drilling (PDS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 08/03/2022
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Wall Street Analysts See a 50% Upside in Precision Drilling (PDS): Can the Stock Really Move This High?
- The average of price targets set by Wall Street analysts indicates a potential upside of 49.5% in Precision Drilling (PDS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 08/01/2022
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Precision Drilling (PDS) Reports Q2 Loss, Tops Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of 16.47% and 9.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2022
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Precision Drilling Corporation 2022 Second Quarter Results Conference Call and Webcast
- CALGARY, Alberta, July 07, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 second quarter results before the market opens on Wednesday, July 27, 2022, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day. To participate in the live call please register at the URL link below:
- 07/07/2022
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Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q1 2022 Results - Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS ) Q1 2022 Results Conference Call April 28, 2022 2:00 PM ET Company Participants Carey Ford - Senior Vice President and Chief Financial Officer Kevin Neveu - President and Chief Executive Officer Conference Call Participants Taylor Zurcher - Tudor, Pickering, Holt Aaron MacNeil - TD Securities Waqar Syed - ATB John Gibson - BMO Capital Markets Cole Pereira - Stifel Keith MacKey - RBC Capital Markets Josef Schachter - Schachter Energy Operator Good day and thank you for standing by. Welcome to the Precision Drilling Corporation 2022 First Quarter Results Conference Call and Webcast.
- 04/30/2022
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Precision Drilling (PDS) Reports Q1 Loss, Tops Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of -221.25% and 6.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2022
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Precision Drilling Corporation 2022 First Quarter Results Conference Call and Webcast
- CALGARY, Alberta, April 06, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2022 first quarter results before the market opens on Thursday, April 28, 2022, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 04/06/2022
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Precision Drilling (PDS) Stock Jumps 6.2%: Will It Continue to Soar?
- Precision Drilling (PDS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 03/09/2022
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Precision Drilling - Drill, Baby, Drill
- 100% technical buy signals. 10 new highs and up 48.97% in the last month.
- 03/08/2022
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10 Canadian Energy Stocks to Buy Now
- Alberta announced it will balance its 2022/2023 budget, the first Canadian province to do so. That's great news for Canadian energy stocks.
- 02/28/2022
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Stocks This Week: Buy Precision Drilling And Chevron Texaco
- The February OPEX week is not one of the stronger ones, and the following week is decidedly bearish.
- 02/13/2022
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Precision Drilling Corp Brands, Inc. (PDS) CEO Kevin Neveu on Q4 2021 Results - Earnings Call Transcript
- Precision Drilling Corp Brands, Inc. (PDS) CEO Kevin Neveu on Q4 2021 Results - Earnings Call Transcript
- 02/10/2022
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Precision Drilling (PDS) Reports Q4 Loss, Tops Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of -27.34% and 4.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/10/2022
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Precision Drilling Corporation 2021 Fourth Quarter and End of Year Results Conference Call and Webcast
- CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2021 fourth quarter results before the market opens on Thursday, February 10, 2022 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 01/19/2022
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Strength Seen in Precision Drilling (PDS): Can Its 11% Jump Turn into More Strength?
- Precision Drilling (PDS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 01/18/2022
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Precision Drilling: Good Buying Opportunity
- Precision is currently sitting on the 200-day moving average after falling 30% since mid-October. Precision is cleaning up its balance sheet and will be in a very good spot if we continue to see higher oil prices.
- 12/30/2021
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3 Capital-Intensive Stocks to Consider
- When looking for value opportunities among capital-intensive businesses, investors may want to consider the three stocks listed below, as their price-to-tangible book value ratios are more appealing than their respective industry medians.
- 10/31/2021
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Precision Drilling Corp Brands, Inc. (PDS) CEO Kevin Neveu on Q3 2021 Results - Earnings Call Transcript
- Precision Drilling Corp Brands, Inc. (PDS) CEO Kevin Neveu on Q3 2021 Results - Earnings Call Transcript
- 10/21/2021
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Precision Drilling (PDS) Reports Q3 Loss, Misses Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of -71.97% and -3.28%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/21/2021
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Precision Drilling Corporation 2021 Third Quarter Results Conference Call and Webcast
- CALGARY, Alberta, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2021 third quarter results before the market opens on Thursday, October 21, 2021 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 10/04/2021
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Precision Announces Renewal of Normal Course Issuer Bid
- CALGARY, Alberta, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) announced today that the Toronto Stock Exchange (the “TSX”) has approved its intention to implement a normal course issuer bid (“NCIB”) through the facilities of the TSX, the New York Stock Exchange (the “NYSE”) and alternative trading platforms for a portion of its common shares (“Common Shares”). The NCIB effectively renews the existing NCIB, which is scheduled to terminate on August 26, 2021. Precision believes the NCIB continues to represent another tool for the Company to enhance the value of its underlying shares.
- 08/20/2021
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Cathedral Energy Services and Precision Drilling Announce Business Transaction, Strategic Alliance and Newly Appointed Board Member
- CALGARY, Alberta, July 23, 2021 (GLOBE NEWSWIRE) -- Cathedral Energy Services Ltd. (TSX:CET) (“Cathedral”) and Precision Drilling Corporation (TSX: PD, NYSE: PDS) (“Precision”) are pleased to announce the closing of Cathedral's acquisition of Precision's directional drilling business (the “Transaction”) for a purchase price of $6,350,000. The Transaction includes operating assets and personnel of Precision's directional drilling business (including its operations facility in Nisku, Alberta), along with an additional $3 million cash investment by Precision to support growth and expansion of Cathedral, including continuing the buildout of RapidFireTM measurement-while-drilling guidance systems and nDuranceTM drilling motors. Additionally, the Transaction is expected to enhance margins as expenses related to rental equipment used by Precision are replaced with proprietary Cathedral tools.
- 07/23/2021
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Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q2 2021 Results - Earnings Call Transcript
- Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q2 2021 Results - Earnings Call Transcript
- 07/22/2021
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Precision Drilling (PDS) Reports Q2 Loss, Lags Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of -11.51% and -2.03%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/22/2021
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Precision Drilling Corporation Announces 2021 Second Quarter Unaudited Financial Results
- CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to Adjusted EBITDA, Covenant EBITDA, Operating Earnings (Loss), Funds Provided by (Used in) Operations and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures used by other companies, see “Non-GAAP Measures” later in this news release.
- 07/22/2021
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Precision Drilling Announces Release of Second Annual Corporate Responsibility Report, Creation of Environmental Team and Launch of EverGreen™ Brand
- CALGARY, Alberta, July 15, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce several key Environmental, Social and Governance (ESG) accomplishments aligned with our High Performance, High Value strategy and one of our three 2021 strategic priorities to “demonstrate leading ESG performance”.
- 07/15/2021
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Precision Drilling Corporation 2021 Second Quarter Results Conference Call and Webcast
- CALGARY, Alberta, July 08, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2021 second quarter results before the market opens on Thursday, July 22, 2021, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 07/08/2021
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Precision Drilling Corporation Announces Closing of Offering of US$400,000,000 of 6.875% Senior Notes Due 2029 and Redemption of 7.75% Senior Notes Due 2023 and 5.25% Senior Notes Due 2024
- CALGARY, Alberta, June 15, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) announced today the closing of its previously announced private offering of US$400 million aggregate principal amount of 6.875% Senior Notes due 2029 (the “Notes”), issued at a price equal to 99.253% of the face value, in a transaction that was exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Notes are guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries of Precision that also guarantee Precision's revolving credit facility and certain other future indebtedness. As previously announced, Precision will use the net proceeds from the offering, together with unutilized capacity under its revolving credit facility to: (i) redeem in full US$286 million aggregate principal amount of its 7.750% Senior Notes due 2023 (the “2023 Notes”) and (ii) redeem in full US$263 million aggregate principal amount of its 5.250% Senior Notes due 2024 (“2024 Notes”). The redemption of the 2023 Notes and 2024 Notes will occur on June 16, 2021 and interest will cease to accrue on the 2023 Notes and 2024 Notes on that date.
- 06/15/2021
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Precision Drilling Corporation Announces Pricing of Private Offering of US$400,000,000 of Senior Notes Due 2029
- CALGARY, Alberta, June 02, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) announced today that it has priced US$400,000,000 aggregate principal amount of its 6.875% Senior Notes due 2029 (the “Notes”), issued at a price equal to 99.253% of the face value, in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precision's revolving credit facility and certain other future indebtedness. Precision plans to use the net proceeds from the offering, together with unutilized capacity under its revolving credit facility, to: (i) redeem in full US$286 million aggregate principal amount of its 7.750% Senior Notes due 2023 (“2023 Notes”); and (ii) redeem in full US$263 million aggregate principal amount of its 5.250% Senior Notes due 2024 (“2024 Notes”), with conditional redemption notices for such redemptions issued yesterday.
- 06/02/2021
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Precision Drilling Corporation Announces Proposed Private Offering of US$400,000,000 of Senior Notes and Conditional Early Redemption of 7.75% Senior Notes Due 2023 and 5.25% Senior Notes Due 2024
- CALGARY, Alberta, June 01, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) announced today that it intends, subject to market and other conditions, to offer US$400,000,000 aggregate principal amount of senior notes due 2029 (the “Notes”) in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precision's revolving credit facility and certain other future indebtedness. Precision plans to use the net proceeds from the offering, together with unutilized capacity under its revolving credit facility, to: (i) redeem in full US$286 million aggregate principal amount of its 7.750% Senior Notes due 2023 (“2023 Notes”); and (ii) redeem in full US$263 million aggregate principal amount of its 5.250% Senior Notes due 2024 (“2024 Notes”). The redemption of the 2023 Notes and the 2024 Notes is conditional upon the completion of the Notes offering.
- 06/01/2021
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Precision Drilling Corporation Announces the Results of the 2021 Annual Meeting of Shareholders
- CALGARY, Alberta, May 13, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2021 Annual Meeting of Shareholders held on May 13, 2021 (the “Annual Meeting”). Shareholders approved the election of all 8 (7 of whom are independent) of the nominee directors presented in the Company's Management Information Circular, dated March 31, 2021.
- 05/13/2021
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Precision Drilling Corporation's (PDS) CEO Kevin Neveu on Q1 2021 Results - Earnings Call Transcript
- Precision Drilling Corporation's (PDS) CEO Kevin Neveu on Q1 2021 Results - Earnings Call Transcript
- 04/22/2021
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Precision Drilling (PDS) Reports Q1 Loss, Tops Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of 4.48% and 0.68%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/22/2021
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Precision Drilling Corporation Announces 2021 First Quarter Unaudited Financial Results
- CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to Adjusted EBITDA, Covenant EBITDA, Operating Earnings (Loss), Funds Provided by (Used in) Operations and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures used by other companies, see “Non-GAAP Measures” later in this news release.
- 04/22/2021
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Precision Drilling (PDS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Precision Drilling (PDS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/15/2021
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Precision Drilling Corporation 2021 First Quarter Results Conference Call and Webcast
- CALGARY, Alberta, April 06, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2021 first quarter results before the market opens on Thursday, April 22, 2021, and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 04/06/2021
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Precision Drilling Announces Filing of Management Information Circular and Virtual-Only Annual Meeting of Shareholders
- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release.
- 03/31/2021
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Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
- CALGARY, Alberta, March 15, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) announced that it has filed its annual disclosure documents with the securities commissions in each of the provinces of Canada and the United States Securities and Exchange Commission (“SEC”).
- 03/15/2021
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Precision Drilling Corp: Up Big With More Room To Grow
- PDS has rebounded sharply from recent lows, and is currently near one-year highs. The company has done a great job with cost reduction, debt reduction, and with pricing power can begin to raise day-rates.
- 02/16/2021
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Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q4 2020 Results - Earnings Call Transcript
- Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q4 2020 Results - Earnings Call Transcript
- 02/10/2021
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Precision Drilling (PDS) Reports Q4 Loss, Misses Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of 7.89% and -0.80%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/10/2021
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Precision Drilling Corporation Announces 2020 Fourth Quarter and Year End Unaudited Financial Results
- CALGARY, Alberta, Feb. 10, 2021 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to Adjusted EBITDA, Covenant EBITDA, Operating Earnings (Loss), Funds Provided by (Used in) Operations and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures used by other companies, see “Non-GAAP Measures” later in this news release. Amounts presented are in Canadian dollars, unless otherwise stated.
- 02/10/2021
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Analysts Estimate Precision Drilling (PDS) to Report a Decline in Earnings: What to Look Out for
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/03/2021
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Precision Drilling Corporation 2020 Fourth Quarter and End of Year Results Conference Call and Webcast
- CALGARY, Alberta, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) intends to release its 2020 fourth quarter results before the market opens on Wednesday, February 10, 2021 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
- 01/19/2021
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Precision Drilling Announces 2020 Debt Repayments Exceeding Guidance and Increases Long-Term Debt Reduction Target Through 2022
- CALGARY, Alberta, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or “the Company”) (TSX:PD; NYSE:PDS) provides a series of announcements including: 1) debt repayment update; 2) increase in long-term debt reduction target; 3) liquidity update; and 4) drilling activity update.
- 01/05/2021
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3 Capital-Intensive Stocks to Consider
- When looking for value opportunities amid companies operating in capital-intensive industries, one strategy investors may want to consider is to look for stocks whose price-to-tangible-book-value ratios are more appealing than their peers.
- 12/29/2020
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Precision Drilling: Time To Shine
- Rig counts are increasing back to levels not seen since mid-May as the price of oil rises to $45 US. Precision still has high debt levels, but the company is aggressively working to reduce them.
- 11/29/2020
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Precision Drilling Announces Share Consolidation
- CALGARY, Alberta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) announces that it is proceeding with a 20:1 consolidation of the common shares of the Company (the “Consolidation”). Notice has been provided to the Toronto Stock Exchange (“TSX”), and the New York Stock Exchange (“NYSE”) and Precision's common shares are expected to begin trading on the TSX and NYSE, on a consolidated basis, on or about November 12, 2020.
- 10/29/2020
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Precision Drilling Corporation: Rig Fleet Can Make A Slow Recovery
- PDS looks to strengthen its rig fleet in North America in 2H 2020; however, low day rates will continue to affect PDS's top line and margin in the near term.
- 09/08/2020
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What Michael Burry (Of 'The Big Short') Added During The COVID-19 Bounce Back
- Burry performed very well prior to and during the great recession. Now he is back and his portfolio is made public every quarter.
- 08/17/2020
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Zacks Industry Outlook Highlights: PDS, RIG, NBR, HP and OAS
- Zacks Industry Outlook Highlights: PDS, RIG, NBR, HP and OAS
- 08/13/2020
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Here's What Precision Drilling Corporation's (TSE:PD) Shareholder Ownership Structure Looks Like
- A look at the shareholders of Precision Drilling Corporation (TSE:PD) can tell us which group is most powerful...
- 08/03/2020
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Precision Drilling Corporation (PDS) Q2 2020 Earnings Call Transcript
- PDS earnings call for the period ending June 30, 2020.
- 07/24/2020
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Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q2 2020 Results - Earnings Call Transcript
- Precision Drilling Corporation (NYSE:PDS) Q2 2020 Earnings Conference Call July 23, 2020, 02:00 PM ET Company Participants Dustin Honing - Manager, IR and Corporate Development Kevin Neveu - President and CEO Carey Ford - SVP and CFO Conference Call Participants Kurt Hallead - RBC Taylor Zurcher - Tudor, Pickering, Holt Waqar Syed - ATB Capital Markets Ian Gillies - Stifel Jeff Fetterly - Peters & Co.
- 07/23/2020
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Precision Drilling: Q2 Earnings Insights
- Shares of Precision Drilling (NYSE:PDS) rose 6% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 225.00% year over year to ($0.13), which missed the estimate of ($0.05).Revenue of $136,873,000 declined by 49.89% from the same period last year, which missed the estimate of $308,310,000.Outlook Precision Drilling hasn't issued any earnings guidance for the time being.Precision Drilling hasn't issued any revenue guidance for the time being.Details Of The Call Date: Jul 23, 2020View more earnings on PDSTime: 02:00 PMET Webcast URL: https://edge.media-server.com/mmc/p/4asb2584Technicals 52-week high: $1.8552-week low: $0.27Price action over last quarter: Up 32.80%Company Description 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.See more from Benzinga * Earnings Scheduled For July 23, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/23/2020
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Precision Drilling (PDS) Reports Q2 Loss, Tops Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of 8.33% and 3.60%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/23/2020
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Precision Drilling Corporation Announces 2020 Second Quarter Unaudited Financial Results
- CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to Adjusted EBITDA, Covenant EBITDA, Operating Earnings (Loss), Funds Provided by (Used in) Operations and Working Capital. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures used by other companies, see “Non-GAAP Measures” later in this news release. Precision Drilling announces 2020 second quarter financial results: * Revenue of $190 million was a decrease of 47% compared with the second quarter of 2019. * Net loss of $49 million or negative $0.18 per diluted share compared with a net loss of $14 million or negative $0.05 per diluted share in 2019. * Earnings before income taxes, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, impairment reversal, gain on asset disposals and depreciation and amortization (Adjusted EBITDA, see “NON-GAAP MEASURES”) of $58 million as compared with $81 million in the second quarter of 2019. * Generated cash and funds provided by operations (see “NON-GAAP MEASURES”) of $104 million and $27 million, respectively. * Second quarter ending cash balance was $175 million, an increase of $78 million from March 31, 2020. * Second quarter capital expenditures were $24 million. * Reduced our unsecured senior notes balance by $5 million and drew $5 million under our Senior Credit Facility. * In U.S., recognized US$8 million of idle but contracted rig revenue and US$8 million of contract cancellation fees of which US$2 million pertained to second quarter contracted days. * Recognized restructuring charges of $6 million and Government of Canada wage subsidies of $9 million. * To secure our liquidity position, on April 9, 2020, we amended our Senior Credit Facility to provide temporary covenant relief through March 31, 2022.Precision’s President and CEO Kevin Neveu stated:“The immediate and decisive steps the Precision team has executed during this pandemic and economic crisis have delivered very strong financial and operational results. Our actions have further strengthened and positioned the company both financially and competitively for an eventual industry recovery. During the second quarter we generated $58 million in Adjusted EBITDA and cash from operations of $104 million with our results further supported by field performance and operational excellence in all parts of our business. Also during the quarter, we improved our liquidity position by increasing our cash balance to $175 million bringing our total liquidity available to nearly $900 million, which supports our ability to persevere through a prolonged market downturn and capture value in a market recovery.”“During the quarter, we executed structural cost reductions beyond those previously announced, which we expect will lead to an additional $14 million in annualized savings. We now expect our total annualized fixed cost reductions to be 35%, an increase from our previous target of 30% and our normalized general and administrative expense savings to exceed $30 million. We expect these cash preservation measures, combined with capital expenditure reductions and Canadian wage subsidy program, will reduce total 2020 cash outflows by up to $150 million, an increase from our previously communicated target of over $100 million. We will continue to explore every avenue to reduce our costs and spending and conserve cash to keep Precision on track to meet long-term debt reduction goals and support our High Performance, High Value competitive strategy.”“Second quarter U.S. operating results reflected improved field margins delivered with tightly managed expenses and strong contract book performance, both critical in this challenged environment. While industry activity appears to be flattening, visibility remains limited for the second half of the year. In Canada, Precision achieved 36% market share during the second quarter driven by our Super Triple rig fleet, which is well-positioned for pad style development drilling activity in the Montney and Duvernay. We expect the third quarter seasonal rebound in Canada to remain muted with limited visibility into long-term customer demand. While global international rig activity is contracting sharply, we expect Precision’s six rigs under long-term contract in Kuwait and the Kingdom of Saudi Arabia to remain stable sources of revenue. Additional rig deployment and re-contracting opportunities will be delayed until the customers in these regions fully return to work.”“Precision’s Alpha technologies continue to demonstrate exceptional field results, driving strong customer interest and field adoption of our broad portfolio of digital solutions. During the second quarter, we commercialized two additional drilling apps for a total of six commercial apps this year and we have 12 more under development. This year we have utilized AlphaApps on over 110 wells throughout North America, generating 890 AlphaApp days. Additionally, we are utilizing AlphaAnalytics for an integrated oil company in the Delaware basin and reduced drilling time on a 28-day horizontal well by 4.1 days, setting a new efficiency benchmark. In the Haynesville basin, we applied AlphaAnalytics to a separate customer’s full fleet of rigs and delivered an 8% improvement in drilling times compared to results achieved in the first quarter. AlphaAnalytics, AlphaApps and the AlphaAutomation platform are functioning on over half of our active North American fleet today and the drilling performance enhancements are inarguable. We believe the Alpha digital enablement of the drilling rig process to be the single most important technology transformation our customers can leverage to reduce their well construction costs and we believe this may be the ideal market to capitalize on these initiatives.”“We will remain focused on the continued execution of our strategic priorities, including our 2020 deleveraging targets while preserving our strong liquidity position. We will concentrate on maximizing cash flow, stringently managing costs, leveraging our high-quality fleet and collaborating with our customers to utilize our Alpha portfolio to maximize efficiencies and deliver predictable, repeatable results” concluded Mr. Neveu.IMPACT OF COVID-19In March 2020, the novel coronavirus (“COVID-19”) outbreak was declared a pandemic by the World Health Organization. Governments worldwide, including those countries in which Precision operates, have enacted emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused a material disruption to businesses globally resulting in an economic slowdown and decreased demand for oil. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions; however, the long-term success of these interventions is not yet determinable.As a result of the decrease in demand, worldwide inventories of oil have increased significantly. However, in the second quarter voluntary production restraint from national oil companies and governments of oil-producing nations along with curtailments in the U.S. and Canada have shifted global oil markets from a position of over supply to inventory draws. The situation remains dynamic and the ultimate duration and magnitude of the impact on the economy and the financial effect on the Corporation remains unknown at this time.SELECT FINANCIAL AND OPERATING INFORMATIONFinancial Highlights For the three months ended June 30, For the six months ended June 30, (Stated in thousands of Canadian dollars, except per share amounts)2020 2019 % Change 2020 2019 % Change Revenue189,759 359,424 (47.2)569,243 793,467 (28.3) Adjusted EBITDA(1)58,465 81,037 (27.9)160,369 189,004 (15.2) Operating earnings (loss)(1)(19,189)5,569 (444.6)3,410 67,643 (95.0) Net earnings (loss)(48,867)(13,801)254.1 (54,144)11,213 (582.9) Cash provided by operations104,478 106,035 (1.5)179,431 146,622 22.4 Funds provided by operations(1)26,639 40,950 (34.9)107,956 136,943 (21.2) Capital spending: Expansion and upgrade12,111 33,595 (63.9)13,764 99,712 (86.2) Maintenance and infrastructure11,816 9,874 19.7 21,648 14,719 47.1 Intangibles- 26 (100.0)57 464 (87.7) Proceeds on sale(5,021)(24,575)(79.6)(10,711)(82,452)(87.0) Net capital spending18,906 18,920 (0.1)24,758 32,443 (23.7) Net earnings (loss) per share: Basic(0.18)(0.05)256.4 (0.20)0.04 (600.0) Diluted(0.18)(0.05)256.4 (0.20)0.04 (600.0) (1)See “NON-GAAP MEASURES”. Operating Highlights For the three months ended June 30, For the six months ended June 30, 20202019% Change 20202019% Change Contract drilling rig fleet227232(2.2)227232(2.2) Drilling rig utilization days: U.S.2,7436,994(60.8)7,72714,117(45.3) Canada8342,413(65.4)6,6036,757(2.3) International687728(5.6)1,4151,448(2.3) Revenue per utilization day: U.S.(1) (US$)29,37023,42525.4 25,82823,31210.8 Canada(2) (Cdn$)22,94021,6136.1 21,63322,490(3.8) International (US$)54,77951,5426.3 54,52950,7467.5 Operating cost per utilization day: U.S. (US$)14,17214,803(4.3)14,40614,584(1.2) Canada (Cdn$)13,89817,414(20.2)14,19615,840(10.4) Service rig fleet123123- 123123- Service rig operating hours4,70229,540(84.1)39,06772,438(46.
- 07/23/2020
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Analysts Estimate Precision Drilling (PDS) to Report a Decline in Earnings: What to Look Out for
- Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/16/2020
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Precision Drilling Corporation 2020 Second Quarter Results Conference Call and Webcast
- CALGARY, Alberta, July 06, 2020 -- Precision Drilling Corporation (“Precision”) intends to release its 2020 second quarter results before the market opens on Thursday, July 23,.
- 07/06/2020
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Precision Drilling Corporation Gains Ground In Tough Times
- Despite the activity slowdown, PDS is likely to hold onto its market share in the U.S. and Canada in Q2. However, its rig fleets will drop in Q2 in North Americ
- 06/25/2020
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Precision Drilling Is Highly Risky Despite Its Depressed Stock Price
- PDS has seen its active rig count collapse during the ongoing downturn, which has been caused by coronavirus. The company was struggling even before the pandemi
- 06/22/2020
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Hedge Funds Never Been Less Bullish On Precision Drilling Corp (PDS)
- In this article you are going to find out whether hedge funds think Precision Drilling Corp (NYSE:PDS) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
- 06/12/2020
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Shares of several energy companies are trading lower as oil prices dip. Concerns of a second wave of the coronavirus have caused economic uncertainty and clouded demand outlook, while a recent build in US crude inventories has led to continued oversupply concerns.
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Shares of several oil and gas companies are trading lower after API reported an 8.42 million barrel build in crude oil inventories.
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Shares of several oil & gas companies are trading higher after OPEC+ agreed to extend production cuts into July.
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Shares of several energy companies are trading higher amid a gain in oil prices following positive US jobs data and as investors await the upcoming OPEC+ conference, hoping for output cuts.
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Shares of several energy companies are trading higher despite slight weakness in oil. Oil has been on watch as investors await clarity on OPEC+ output cut plans.
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Piper Sandler Maintains Neutral on Precision Drilling, Raises Price Target to $0.6
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A Comeback in U.S. Shale Is At Least a Year Away, Oil CEO Says
- (Bloomberg) -- Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.Precision Drilling Corp. Chief Executive Officer Kevin Neveu said activity in U.S. shale basins is in for a “prolonged downturn,” with drilling not rebounding until late in the second quarter of 2021 at the earliest, or the end of next year at the latest. That projection assumes governments respond to secondary Covid-19 outbreaks with less drastic measures than they used in recent months.And if history is any guide, the eventual recovery will be abrupt as drillers respond to a shortage of supply and rising prices, he said.“By the time our customers get a signal that they need more oil, it’s almost too late,” Neveu said in an interview. “We’ll have to ramp up very quickly and very abruptly. I wouldn’t expect anything different this time.”Precision Drilling, based in Calgary, has 236 rigs worldwide, with about 110 in Canada, 110 in the U.S. and the balance in other international locations. Currently, only 10 of the company’s Canadian rigs and 26 of its U.S. rigs are operating.During the last oil-price crash that started in 2014, the U.S. rig count tumbled for almost two years, bottoming out at 316 in May 2016. As prices rebounded, the tally more than doubled within a year and continued climbing to 887 in November 2018.Since that peak, drilling activity waned as investors pushed producers to focus on profitability over output gains, then fell off a cliff starting in February as the twin shocks of the Covid-19 pandemic and the Saudi-Russian price skirmish sent oil prices to record lows. Last week, the number of oil rigs at work in the U.S. slipped to the lowest since 2009.U.S. shale fields will lead the drilling recovery because they can bring production back quickly, with oil flowing in about three months from the time a rig is deployed, Neveu said.‘On the Chin’“They’re taking it on the chin right now, and certainly production is slowing down and activity is slowing down, but it’s so quick and so easy to get that production flowing again that I think it will be one of the first places the E&P; companies go,” he said.The next rebound in output also could be sharper than previous ones because digitization and automation on rigs allows crews to get the machines back to maximum efficiency in one to two months, about half the time it took before, Neveu said.Depending on how severe the supply shortage gets, the U.S. could see activity bounce back to levels it hasn’t seen since last year, he said.“Getting back to 800 rigs in the U.S. is plausible,” Neveu said. “If oil prices were in the $60 to $70 range, it could back to where it was pre Covid-19 and pre-Russia-Saudi price war.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/27/2020
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Precision Drilling’s Digital Technology Leadership Recognized With Recent Awards for Innovation and Technology
- CALGARY, Alberta, May 26, 2020 -- Precision Drilling Corporation (“Precision” or “the Company”) (TSX:PD; NYSE:PDS) has been named the 2020 Energy Excellence Awards “Innovation.
- 05/26/2020
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Precision Drilling's Digital Technology Leadership Recognized With Recent Awards for ...
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Precision Drilling Corporation Announces Voting Results From the 2020 Annual and Special Meeting of Shareholders
- CALGARY, Alberta, May 14, 2020 -- Precision Drilling Corporation (“Precision”) announces that all resolutions considered by shareholders at its 2020 Annual and Special Meeting.
- 05/14/2020
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Shares of several energy companies are trading higher as oil prices continue to rebound on hopes of output cuts as well as some US states reopening their economies, which could lift demand.
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Precision Drilling Corporation Holding Virtual-Only 2020 Annual and Special Meeting of Shareholders on May 14
- Precision Drilling Corporation (“Precision”) reminds shareholders that it is holding its 2020 Annual and Special Meeting of Shareholders (“Annual Meeting”) on Thursday, May 14, 2020 at 10:00 a.m. MT. The virtual-only meeting format will provide all shareholders an equal opportunity to participate in the Annual Meeting regardless of their geographic location or concerns related to COVID-19. Registered shareholders and duly appointed proxyholders who participate in the Annual Meeting online will be able to listen to the Annual Meeting, ask questions and vote, all in real time, provided that they are connected to the internet.
- 05/04/2020
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Precision Drilling Corporation Holding Virtual-Only —…—… Annual and Special Meeting of ...
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Precision Drilling Corporation (PDS) Q1 2020 Earnings Call Transcript
- Ladies and gentlemen, thank you for standing by, and welcome to the Precision Drilling Corporation 2020 First Quarter Results Conference Call and Webcast. Participating today on the call with me are Kevin Neveu, President and Chief Executive Officer; and Carey Ford, Senior Vice President and Chief Financial Officer.
- 05/01/2020
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72 Biggest Movers From Yesterday
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61 Stocks Moving In Thursday's Mid-Day Session
- Gainers
AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares climbed 76.1% to $4.05 after jumping 160% on Wednesday.
QEP Resources, Inc. (NYSE: QEP) shares climbed 46.2% to $1.05...
- 04/30/2020
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Precision Drilling: Q1 Earnings Insights
- Shares of Precision Drilling (NYSE: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, 2020View more earnings on PDSTime: 01:01 PM ETWebcast URL: https://edge.media-server.com/mmc/p/4pizhjpzPrice Action 52-week high: $2.6352-week low: $0.27Price 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.See more from Benzinga * Morning Market Stats in 5 Minutes * Price Over Earnings Overview: NIO * Stocks That Hit 52-Week Lows On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 04/30/2020
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Precision Drilling Corporation Announces 2020 First Quarter Unaudited Financial Results
- CALGARY, Alberta, April 30, 2020 -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full.
- 04/30/2020
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Brokerages Set Precision Drilling Corp (TSE:PD) Price Target at C$1.53
- Shares of Precision Drilling Corp (TSE:PD) (NYSE:PDS) have earned an average recommendation of “Buy” from the fourteen analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The […]
- 04/30/2020
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Precision Drilling (PDS) Reports Q1 Loss, Tops Revenue Estimates
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CIBC Lowers Precision Drilling (TSE:PD) Price Target to C$1.50
- Precision Drilling (TSE:PD) (NYSE:PDS) had its price objective cut by equities research analysts at CIBC from C$1.75 to C$1.50 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. CIBC’s price objective would indicate a potential upside of 200.00% from the company’s current price. Several other research analysts also recently issued reports […]
- 04/24/2020
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Junk Bond Market Gushing With Deals Despite Historic Oil Drop
- (Bloomberg) — U.S. high-yield companies, undeterred by the historic plunge in oil prices and a renewed jump in credit risk, are tapping the bond market for new funds, while those in Europe st…
- 04/23/2020
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Things Look Grim For Precision Drilling Corporation (TSE:PD) After Today's Downgrade
- Today is shaping up negative for Precision Drilling Corporation (TSE:PD) shareholders, with the analysts delivering a...
- 04/21/2020
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Piper Sandler Weighs in on Precision Drilling Corp's Q1 2020 Earnings (TSE:PD)
- Precision Drilling Corp (TSE:PD) (NYSE:PDS) – Analysts at Piper Sandler decreased their Q1 2020 earnings per share (EPS) estimates for shares of Precision Drilling in a report issued on Tuesday, April 14th. Piper Sandler analyst I. Macpherson now anticipates that the company will earn ($0.04) per share for the quarter, down from their previous estimate […]
- 04/18/2020
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Pre & Post COVID-19 Market Estimates - Workover Rigs Market 2019-2023 | Increased Workover Operations to Boost Growth | Technavio
- The global workover rigs market will grow at a CAGR of over 5% during 2018-2023
- 04/17/2020
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Precision Drilling (TSE:PD) Price Target Cut to C$0.80
- Precision Drilling (TSE:PD) (NYSE:PDS) had its price target dropped by research analysts at AltaCorp Capital from C$1.10 to C$0.80 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. AltaCorp Capital’s target price indicates a potential upside of 70.21% from the stock’s previous close. A number of other research firms have also […]
- 04/17/2020
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Piper Sandler Downgrades Precision Drilling to Neutral, Lowers Price Target to $0.3
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Precision Drilling (PDS) Catches Eye: Stock Jumps 9.4%
- Precision Drilling (PDS) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 04/14/2020
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How Do Precision Drilling Corporation’s (TSE:PD) Returns Compare To Its Industry?
- Today we are going to look at Precision Drilling Corporation (TSE:PD) to see whether it might be an attractive...
- 04/13/2020
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Nabors (NBR) Jumps: Stock Rises 9.3%
- Nabors (NBR) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 04/13/2020
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Nabors (NBR) Jumps: Stock Rises 9.3%
- Nabors (NBR) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 04/13/2020
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Transocean (RIG) Looks Good: Stock Adds 12.5% in Session
- Transocean (RIG) saw a big move last session, as its shares jumped more than 12% on the day, amid huge volumes.
- 04/13/2020
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Transocean (RIG) Looks Good: Stock Adds 12.5% in Session
- Transocean (RIG) saw a big move last session, as its shares jumped more than 12% on the day, amid huge volumes.
- 04/13/2020
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Transocean (RIG) Looks Good: Stock Adds 12.5% in Session
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Franklin Resources Inc. Sells 175,008 Shares of Precision Drilling Corp (NYSE:PDS)
- Franklin Resources Inc. lowered its stake in shares of Precision Drilling Corp (NYSE:PDS) (TSE:PD) by 11.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,374,421 shares of the oil and gas company’s stock after selling 175,008 shares during the period. Franklin Resources […]
- 04/12/2020
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PRECISION DRILLING CORPORATION 2020 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST
- CALGARY, Alberta, April 09, 2020 -- Precision Drilling Corporation (“Precision”) intends to release its 2020 first quarter results before the market opens on Thursday, April.
- 04/09/2020
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Precision Drilling (TSE:PD) Stock Price Down 6%
- Precision Drilling Corp (TSE:PD) (NYSE:PDS)’s share price dropped 6% during trading on Tuesday . The stock traded as low as C$0.46 and last traded at C$0.47, approximately 1,400,460 shares changed hands during trading. A decline of 23% from the average daily volume of 1,828,922 shares. The stock had previously closed at C$0.50. PD has been […]
- 04/09/2020
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How is Coronavirus Affecting the Oil & Gas Drilling Industry?
- How is Coronavirus Affecting the Oil & Gas Drilling Industry?
- 04/08/2020
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How is Coronavirus Affecting the Oil & Gas Drilling Industry?
- Sector consolidation, adoption of superior technologies, profitable collaborations, among other strategic strides, will certainly help boost future prospects of the drilling companies.
- 04/08/2020
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Precision Drilling Corporation -- Moody's announces completion of a periodic review of ratings of Precision Drilling Corporation
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Precision Drilling Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.
- 04/02/2020
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PRECISION DRILLING ANNOUNCES FILING OF MANAGEMENT INFORMATION CIRCULAR, VIRTUAL-ONLY ANNUAL AND SPECIAL SHAREHOLDER MEETING AND PROPOSED SHARE CONSOLIDATION
- For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. CALGARY, Alberta, April 01, 2020 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or “the Company”) (TSX:PD; NYSE:PDS) announces today the filing and publication of its Management Information Circular (the “Circular”) issued in connection with the 2020 Annual and Special Meeting (the “Annual Meeting”) and its proposed share consolidation. A copy of the Circular can be downloaded from the Company’s SEDAR profile at www.sedar.com and the Company’s EDGAR profile at www.sec.gov/edgar.shtml.
- 04/01/2020
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PRECISION DRILLING ANNOUNCES FILING OF MANAGEMENT INFORMATION CIRCULAR, VIRTUAL-ONLY ANNUAL AND ...
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Precision Drilling Corporation -- Moody's downgrades Precision Drilling's CFR to B2
- "The rating downgrade reflects our expectation that the dramatic reduction in capital spending from oil and gas producers will lead to a decline in Precision's EBITDA and an increase in leverage" commented Moody's Analyst Jonathan Reid. Precision benefits from: 1) good liquidity that is supported by positive free cash flow in 2020 which we expect will be allocated to debt reduction; 2) broad North American diversification and presence in Middle East markets; and 3) its high quality rig fleet. Precision's cash at December 31, 2019 was roughly C$75 million and the US$500 million secured revolving credit facility due November 2023 was undrawn.
- 03/31/2020
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Precision Drilling (TSE:PD) PT Lowered to C$0.50
- Precision Drilling (TSE:PD) (NYSE:PDS) had its price target cut by analysts at Citigroup from C$0.80 to C$0.50 in a research note issued on Wednesday, BayStreet.CA reports. Citigroup‘s price objective would suggest a potential upside of 8.70% from the company’s previous close. PD has been the topic of several other research reports. Evercore decreased their price […]
- 03/27/2020
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Evercore Lowers Precision Drilling (TSE:PD) Price Target to C$1.50
- Precision Drilling (TSE:PD) (NYSE:PDS) had its price objective dropped by research analysts at Evercore from C$2.00 to C$1.50 in a report issued on Wednesday, BayStreet.CA reports. Evercore’s target price would indicate a potential upside of 226.09% from the company’s previous close. A number of other equities research analysts also recently commented on PD. AltaCorp Capital […]
- 03/27/2020
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PRECISION DRILLING ANNOUNCES RECEIPT OF CONTINUED LISTING STANDARD NOTICE FROM NYSE
- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or “the Company”) (TSX:PD; NYSE:PDS) announces that on March 24 it received formal notice of non-compliance with the New York Stock Exchange (the “NYSE”) share price continued listing standards, which require a listed common stock to maintain a minimum average closing price of US$1.00 per share for 30 consecutive trading days.
- 03/25/2020
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Analysts' Opinions Are Mixed on These Materials Stocks: Alcoa (AA), Holly Energy Partners (HEP) and Essential Energy Services (OtherEEYUF)
- Analysts have been eager to weigh in on the Materials sector with new ratings on Alcoa (AA), Holly Energy Partners (HEP) and Essential Energy Services
- 03/25/2020
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Tudor Pickering Keeps Their Hold Rating on Precision Drilling (PDS)
- In a report released today, Taylor Zurcher from Tudor Pickering reiterated a Hold rating on Precision Drilling (PDS). The company's shares closed last
- 03/25/2020
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Precision Drilling Reports Received Formal Notice Of Non-Compliance With NYSE For $1/Share Closing Price Requirement
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PRECISION DRILLING ANNOUNCES COVID-19 RESPONSE, REDUCTIONS IN CAPITAL EXPENDITURE PLAN AND FIXED COSTS, AND UPDATES ITS LIQUIDITY POSITION AND STRATEGIC PRIORITIES
- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. CALGARY, Alberta, March 24, 2020 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or “the Company”) (TSX:PD; NYSE:PDS) provides a series of announcements in response to the COVID-19 pandemic and current market conditions.
- 03/24/2020
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PRECISION DRILLING ANNOUNCES COVID-–9 RESPONSE, REDUCTIONS IN CAPITAL EXPENDITURE PLAN AND ...
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CORRECTION: PDS Biotech Reports CFO Andrew Saik To Resign; Pres, CEO Frank Bedu-Addo To Replace; Ticker For Initial Headline Was Listed As 'PDS'; This Was Incorrect
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Precision Drilling (PDS) Gets a Hold Rating from Tudor Pickering
- Tudor Pickering analyst Taylor Zurcher reiterated a Hold rating on Precision Drilling (PDS) yesterday. The company's shares closed last Monday at $0.32,
- 03/20/2020
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Stocks That Hit 52-Week Lows On Thursday
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Here's Why Magellan Midstream Should be on Your Watchlist
- Magellan Midstream (MMP) generates stable fee-based revenues on a strong portfolio of midstream assets.
- 03/12/2020
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Matador (MTDR) to Trim Drilling Program as Oil Price Plunges
- By the first half of 2020, Matador (MTDR) intends to reduce its drilling program to three rigs from six.
- 03/12/2020
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Energy outlook after oil rebounds from worst loss since 1991
- President of Pacer ETFs Sean O’Hara joins Yahoo Finance’s Seana Smith on The Ticker to discuss the energy sector, after oil prices lost a fifth of their value yesterday.
- 03/10/2020
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Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
- CALGARY, Alberta, March 09, 2020 -- Precision Drilling Corporation (“Precision”) announced that it has filed its annual disclosure documents with the securities commissions in.
- 03/10/2020
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Enzo Biochem, Precision Drilling, WPX Energy Shares Halted On Circuit Breakers
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Precision Drilling Corporation Announces Filing of Annual Disclosure Documents
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BP Continues to Bank on Upstream Projects, Debt Levels High
- BP has a strong portfolio of upstream projects, which have been backing impressive production growth.
- 03/06/2020
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Southwestern Energy (SWN) Q4 Earnings Beat, Reserves Grow
- Higher liquids production aids Southwestern Energy's (SWN) Q4 earnings.
- 03/04/2020
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Precision Drilling (PDS) Tops Q4 Earnings and Revenue Estimates
- Precision Drilling (PDS) delivered earnings and revenue surprises of 200.00% and 3.02%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 02/13/2020
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Precision Drilling Corporation Announces 2019 Fourth Quarter and Year End Unaudited Financial Results
- CALGARY, Alberta, Feb. 13, 2020 -- (Canadian dollars except as indicated) This news release contains “forward-looking information and statements” within the meaning of.
- 02/13/2020
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Precision Drilling Q4 EPS $0.00 vs $(0.68) In Same Qtr. Last Year, Sales $372.301M Beat $308.31M Estimate
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Power Over Ethernet (POE) Controllers Global Market Report —…–9 Industry Analysis, Size, ...
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Precision Drilling Corporation 2019 Fourth Quarter and End of Year Results Conference Call and Webcast
- CALGARY, Alberta, Jan. 27, 2020 -- Precision Drilling Corporation (“Precision”) intends to release its 2019 fourth quarter results before the market opens on Thursday, February.
- 01/27/2020
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Precision Drilling Corporation —…–9 Fourth Quarter and End of Year Results Conference ...
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69 Energy Stocks Moving In Thursday's Session
-
Gainers
• Rosehill Resources, Inc. (NASDAQ:ROSE) stock surged 7.4% to $1.31 during Thursday's regular session.
• Kinder Morgan, Inc. (NYSE:KMI) shares rose 3....
- 01/23/2020
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7 Oil & Gas Drilling Stocks Moving In Wednesday's Session
- Gainers
• Unit, Inc. (NYSE:UNT) shares rose 9.3% to $0.51 during Wednesday's regular session. According to the most recent rating by Raymond James, on January 06, the...
- 01/22/2020
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Shares of several oil and gas companies are trading higher after China announced it will lower import tariffs on several US products. This has offset concerns of Russia easing output cuts.
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Shares of oil & gas companies are trading higher on preliminary Phase One US-China trade agreement.
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Shares of oil & gas companies are trading higher following multiple positive US-China trade developments, including a tweet from President Trump suggesting the US is 'very close' to a deal.
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Shares of oil and gas companies are trading higher after OPEC and OPEC+ agreed to further oil production cuts.
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Precision Drilling Leans On Technological Upgrades To Beat The Challenges
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Wolfe Research Initiates Coverage On Precision Drilling with Peer Perform Rating
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Stocks That Hit 52-Week Lows On Wednesday
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Precision Announces Full Commercialization of Automation Offering & Roll-Out of Alpha Brand
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Precision CEO Supports Alberta Government Announcement to Exempt New Conventional Wells From ...
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Precision Drilling shares are trading higher after the company reported better-than-expected Q3 EPS results.
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Precision Drilling Q3 EPS $(0.01) Beats $(0.05) Estimate, Sales $285.42M Miss $308.31M Estimate
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Precision Drilling shares are trading lower after ScotiaBank downgraded the stock from Sector Perform to Sector Underperform.
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Stocks That Hit 52-Week Lows On Wednesday
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Morgan Stanley Maintains Overweight on Precision Drilling, Lowers Price Target to $2
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Citi Downgrades Precision Drilling to Neutral
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Shares of several oil & gas companies are trading lower following a build in US crude inventories as well as continued Saudi progress in restoring production following September 14 attacks.
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Shares of several oil & gas companies are trading lower after weak manufacturing data from Europe and Japan was released, potentially signaling low global demand for oil. Saudi Arabia is also restoring oil output faster than anticipated.
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Canada's S&P/TSX index sheds eight energy stocks
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Top 10 Movers Via Benzinga Pro's Screener Tool For Mid-Day of Wednesday., September 04, 2019
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5 Energy Stocks Moving In Wednesday's Pre-Market Session
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Stocks That Hit 52-Week Lows On Monday
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Shares of several oil & gas companies are trading lower on escalated trade tensions after China announced it plans to impose a 5%-10% tariff rate on $75 billion worth of U.S. goods.
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Encompass Capital Advisors LLC Buys Occidental Petroleum Corp, Cimarex Energy Co, Whiting ...
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Mid-Afternoon Market Update: Crude Oil Up Over 2%; Qiwi Shares Rises After Q2 Results
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Precision Drilling Is Not A Good Bet For A Reversal
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Stocks That Hit 52-Week Lows On Thursday
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Stocks That Hit 52-Week Lows On Wednesday
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Stocks That Hit 52-Week Lows On Tuesday
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Stocks That Hit 52-Week Lows Of Monday
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Stocks That Fell Through 52-Week Lows Wednesday
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New 52-Week Lows For Monday Morning
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Stocks That Managed to Breach 52-Week Lows Friday
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Precision Drilling Q2 EPS $(0.04) Beats $(0.05) Estimate, Sales $273.162M Miss $308.31M Estimate
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Precision Drilling (PDS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
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Shares of several oil companies are trading lower after data showed a large build in US gasoline inventories.
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Ewing Morris Quarterly Letter Q2 2019
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Shares of several oil companies are trading lower after amid multiple catalysts. Tropical storm Barry has moved inland, posing less of a threat to gulf oil production. Weak economic data out of China has also caused demand concerns.
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Shares of several oil companies are trading higher as oil prices rise after API and EIA data showed a larger-than-expected crude draw for the week ended July 5.
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Shares of several oil & gas companies are trading lower as oil prices dipped on demand concerns from ongoing U.S.-China trade tensions; the trade tensions continue to drag the world economy, ultimately lowering the demand for oil.
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Shares of several Oil and Gas companies are trading lower as concerns that the global economy could be slowing outweigh news of an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.
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Shares of several oil companies are trading higher as oil prices rally after the US and China agreed to restart trade negotiations. Additionally, OPEC said it would extend output cuts into 2020, which is longer than previously expected.
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Mid-Day Market Update: Crude Oil Up 5.5%; Carnival Shares Plunge
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Precision Drilling Corporation Announces Year-To-Date Debt Repayment of $125M To Reach The Mid-Point Of Targeted 2019 Debt Reduction Range
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Shares of many oil and gas companies are trading higher as crude oil has remained largely over $63 per barrel for the last four sessions.
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Precision Drilling's Faith In The Canadian Market Will Keep It Muted In The Short Term
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Precision Drilling Corporation Announces Voting Results From the —…–9 Annual and Special ...
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Precision Drilling Corporation (PDS) CEO Kevin Neveu on Q1 2019 Results - Earnings Call Transcript
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Precision Drilling Q1 EPS $0.00 vs $(0.05) Est., Sales $434M Beat $308.31M Estimate
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Precision Drilling Q1 2019 Earnings Preview
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Precision Drilling Corporation Announces Webcast of —…–9 Annual and Special Meeting of ...
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Precision Drilling (PDS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
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Precision Drilling +3% on sale of its snubbing assets to High Arctic Energy
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Precision Drilling Corporation —…–9 First Quarter Results Conference Call and Webcast
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Precision Drilling to Sell 5 Idle Drilling Rigs for $48M
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Jefferies Downgrades Precision Drilling to Hold, Lowers Price Target to $2.60
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Precision Drilling Corporation Is Building A Stronger Base
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Precision Drilling Corporation 2018 Q4 - Results - Earnings Call Slides
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Precision Drilling Q4 EPS $0.00 vs $(0.05) Estimate, Sales $427.01M Up From $347.187M YoY
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Precision Drilling Q4 2018 Earnings Preview
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Precision Drilling (PDS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
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Precision Drilling Sees 2019 Capital Expenditures $169M
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Precision Drilling extends credit facility, says cut debt by $150M in 2018
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Stocks Which Set New 52-Week Low The Last Trading Session, Fri., Dec. 7, 2018
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Stocks Which Set New 52-Week Low Yesterday, Thurs., Nov. 29, 2018
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Scotiabank Downgrades Precision Drilling to Underperform
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Ensign Energy wins bid for Trinidad Drilling; Precision seeks $20M breakup fee
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Precision Drilling Issues Press Release Highlighting Belief Trinidad Shareholders Should Not Tender Their Shares To Ensign
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The Proposed PDS-TDG Merger Can Change The Drilling Market Landscape
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Bloomberg: Ensign in 'pole position' to buy Trinidad Drilling after ultimatum
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Precision Drilling Corporation Announces Transaction Update, Preliminary —…–9 Financial ...
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Precision Drilling Announces Early Termination of the Hart-Scott-Rodino Waiting Period for its Acquisition of Trinidad Drilling
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CLARIFICATION On Precision Drilling Q3 Earnings Headline: Figures Were Initially Reported In Canadian Dollars But Incorrectly Compared To Analyst Estimates In US Dollars; Co. Missed On Both Top And Bottom Lines
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Precision Drilling to buy Trinidad Drilling in $1B deal
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