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

Go back to Precision Drilling Corporation Announces 2015 Fourth Quarter Dividend and 2015 Third Quarter Financial Results

Cowen Cuts Price Target on Precision Drilling (PDS) Following 3Q15

October 23, 2015 7:44 AM EDT

Cowen reiterated an Outperform rating on Precision Drilling (NYSE: PDS), and cut the price target to $5.30 (from $5.80), following the company's 3Q15 earnings results. PDS reported Adjusted EBITDA of $111MM compared to $110MM consensus.

Analyst Marc Bianchi commented, "Canada should have less... More

Precision Drilling (PDS) Declares $0.07 Quarterly Dividend; 6.3% Yield

October 22, 2015 6:39 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 November 18, 2015, to stockholders of record on November 6, 2015, with an ex-dividend date of November 4, 2015.

The annual yield on the dividend is 6.3 percent.

For a... More

Precision Drilling (PDS) Misses Q3 EPS by 20c

October 22, 2015 6:38 AM EDT

Precision Drilling (NYSE: PDS) reported Q3 EPS of ($0.30), $0.20 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $364 million versus the consensus estimate of $399.74 million.

For earnings history and earnings-related data on Precision Drilling (PDS) click here.

... More