Precision Drilling (PDS) Tops Q1 EPS by 9c

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Precision Drilling Corporation Announces 2016 First Quarter Financial Results

April 25, 2016 6:00 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 04/25/16 -- Precision Drilling Corporation (TSX: PD) (NYSE: PDS)

(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.

For the first quarter of 2016, we recorded earnings before income taxes, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, and... More