Precision Drilling Corp. Bottom Line Advances In Q4

Precision Drilling Corp. (PD.TO) announced a profit for its fourth quarter that increased from last year

The company's earnings totaled C$146.72 million, or C$9.81 per share. This compares with C$3.48 million, or C$0.27 per share, in last year's fourth quarter.

The company's revenue for the quarter fell 0.7% to C$506.87 million from C$510.5 million last year.

Precision Drilling Corp. earnings at a glance (GAAP) :

-Earnings (Q4): C$146.72 Mln. vs. C$3.48 Mln. last year.
-EPS (Q4): C$9.81 vs. C$0.27 last year.
-Revenue (Q4): C$506.87 Mln vs. C$510.5 Mln last year.

by RTTNews Staff Writer

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