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Precision Drilling: Q2 Earnings Snapshot

Precision Drilling: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2024, 03:46 AM ET
Last Updated - Jul 31, 2024, 03:46 AM EDT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Precision Drilling Corp. (PDS) on Tuesday reported profit of $15.1 million in its second quarter.

On a per-share basis, the Calgary, Alberta-based company said it had net income of $1.05.

The oilfield services company posted revenue of $313.7 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $309 million.

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