Current PDS Stock Info

Targets 2018 upgrades to stay below $34 million
Precision Drilling Corporation (ticker: PDS) had fourth quarter 2017 revenues of CDN$347 million, an increase of 15% over Q4 2016. Precision posted a Q4 2017 net loss of CDN$47 million, or (CDN$0.16) per share, compared with a net loss of CDN$31 million (CDN$0.10 per share) in the fourth quarter of 2016.

During the current quarter, Precision Drilling incurred an asset impairment charge for $15 million, related to its Mexico contract drilling business, that after tax, increased the company’s ne...

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