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

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Precision Drilling Corporation Announces 2015 Third Quarter Dividend and 2015 Second Quarter Financial Results

July 23, 2015 6:00 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 07/23/15 -- (Canadian dollars except as indicated)

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.

The Board of Directors of Precision Drilling Corporation (TSX: PD) (NYSE: PDS) ("Precision" or the "Corporation") has declared a dividend on its common shares of $0.07 per common share, payable on August... More