Precision Drilling (PDS) Misses Q3 EPS by 20c

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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