Jump to content

Precision Drilling announces Conversion to Corp and Earnings


Granitepost

Recommended Posts

Precision Drilling has announced plans to convert to a corporation by May 31 2010.  See: http://ca.us.biz.yahoo.com/iw/100212/0586735.html?.v=1   PD also reports earnings for Q4 and full year.  See:  http://ca.us.biz.yahoo.com/iw/100212/0586737.html?.v=1  

 

Revenue for Q4 was $286 milliion, up 13% from Q3 due to higher rig activity, but down 15% from Q4 2008.

 

Earnings for 2009 were .63 per unit compared to $2.23 the prior year.

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...