Precision Drilling (PDS) Tops Q2 EPS by 10c

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Cowen Cuts Price Target to $6.50 on Precision Drilling (PDS) Following 2Q

July 24, 2015 9:38 AM EDT

Cowen maintained an Outperform rating on Precision Drilling (NYSE: PDS), and cut the price target to $6.50 (from $8.00), following 2Q. Analyst Marc Bianchi continues to view the stock as an attractive way to gain exposure to global unconventional energy development.

Bianchi commented, "PD has differentiated exposure to areas... More

Precision Drilling (PDS) Declares $0.07 Quarterly Dividend; 5.5% Yield

July 23, 2015 6:42 AM EDT

Precision Drilling (NYSE: PDS) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.

The dividend will be payable on August 21, 2015, to stockholders of record on August 10, 2015, with an ex-dividend date of August 6, 2015.

The annual yield on the dividend is 5.5 percent.

For a... More