New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 10, 2013
19:12 EDTPDSPrecision Drilling sees 2014 capital expenditures of $504M
Precision Drilling Corporation announced that planned capital expenditures for 2014 are $504M. The 2014 capital expenditure plan includes $255M for expansion capital, $192M for sustaining and infrastructure expenditures, and $57M to upgrade existing rigs. The company expects that the $504M will be split $468M in the Contract Drilling segment and $36M in the Completion and Production Services segment. Precision's expansion capital plan includes five new build drilling rigs and the completion and deployment of six previously announced new build drilling rigs. The company anticipates 2013 capital expenditures to be approximately $561M, a $48M decrease from previous guidance. Carry forward capital expenditures of $183M have been included in the 2014 capital expenditure guidance of $504M.
News For PDS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 18, 2014
14:57 EDTPDSPrecision Drilling management to meet with Jefferies
Subscribe for More Information
09:56 EDTPDSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allergan (AGN) downgraded to Market Perform from Outperform at William Blair... Wells Fargo (WFC) downgraded to Market Perform from Outperform at BMO Capital... Allergan downgraded to Neutral from Buy at Guggenheim... Allergan downgraded to Neutral from Buy at SunTrust... Basic Energy (BAS) downgraded to Neutral from Buy at SunTrust... CBS (CBS) downgraded to Neutral from Overweight at Atlantic Equities... Key Energy (KEG) downgraded to Neutral from Buy at SunTrust... Macy's (M) downgraded to Neutral from Buy at BofA/Merrill... Statoil (STO) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Market Perform from Outperform at Telsey Advisory... Urban Outfitters downgraded to Market Perform from Outperform at William Blair... Urban Outfitters downgraded to Neutral from Overweight at Atlantic Equities... Baker Hughes (BHI) downgraded to Hold from Buy at Argus.... Precision Drilling (PDS) downgraded to Market Perform at Raymond James.
08:54 EDTPDSPrecision Drilling downgraded to Market Perform at Raymond James
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use