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Stock Market & Financial Investment News

News Breaks
December 10, 2013
19:14 EDTPDSPrecision Drilling says active drilling rig count increasing throughout Q4
Precision's active drilling rig count in both Canada and the United States has been increasing throughout Q4. Precision has 109 active drilling rigs in Canada, 93 in the United States and 12 in international locations. The company expects Precision's Canadian drilling rig count to remain at current levels until industry activity breaks for the holiday season before returning to higher activity after the first of the year. The company expects its Q1 peak activity levels to be similar to winter 2013. In the United States, the company expects recent market share gains to be maintained in the near term and activity levels to increase or decrease with industry activity. Precision currently has 200 Tier 1 rigs and will have 211 Tier 1 drilling rigs upon delivery of all announced new builds, up from 93 Tier 1 rigs in 2009. To date in 2013, the company has completed and delivered eight new build drilling rigs.
News For PDS From The Last 14 Days
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February 2, 2016
10:10 EDTPDSPrecision Drilling downgraded to Market Perform at Raymond James (pre-open)
Raymond James downgraded Precision Drilling to Market Perform from Outperform.
January 29, 2016
10:05 EDTPDSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Equity (AEL) initiated with an Outperform at RBC Capital... Calpine (CPN) initiated with a Buy at Guggenheim... Diamondback Energy (FANG) initiated with an Outperform at BMO Capital... Dynegy (DYN) initiated with a Neutral at Guggenheim... ICF International (ICFI) initiated with a Market Perform at Barrington... Juno Therapeutics (JUNO) initiated with a Buy at SunTrust... Kite Pharma (KITE) initiated with a Buy at SunTrust... Match Group (MTCH) initiated with a Neutral at Susquehanna... Medifast (MED) initiated with a Hold at Wunderlich... NRG Energy (NRG) initiated with a Buy at Guggenheim... NRG Yield (NYLD) initiated with a Neutral at Guggenheim... Nutrisystem (NTRI) initiated with a Buy at Wunderlich... Parsley Energy (PE) initiated with an Outperform at BMO Capital... Precision Drilling (PDS) initiated with a Hold at Canaccord... RSP Permian (RSPP) initiated with an Outperform at BMO Capital... Taylor Morrison (TMHC) initiated with a Neutral at Citi... Tortoise North American Energy (TYN) initiated with a Neutral at Guggenheim... WisdomTree (WETF) initiated with a Neutral at Northcoast.
07:38 EDTPDSPrecision Drilling initiated with a Hold at Canaccord
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