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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:59 EDTPDSPrecision Drilling upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Precision Drilling to Buy citing improved commodity pricing and a clearer path forward on LNG related drilling. The firm raised its price target for shares to C$16 from C$14.
News For PDS From The Last 14 Days
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October 27, 2014
15:00 EDTPDSPrecision Drilling says expects number of rigs to rise through 2015
Says recent oil price slide is "concerning," but doesn't expect a reduction in drilling near term. Says winter drilling season should be strong. Says will deliver around 3 rigs per month over next several quarters. Says "could not be more pleased" with current strategy. Comments from company's Q3 earnings conference call.
14:08 EDTPDSPrecision Drilling sees FY14 CapEx $908M, down from prior view of $934M
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06:06 EDTPDSPrecision Drilling raises Q4 dividend by 17% to 7c per share
The board of Precision Drilling has declared a dividend on its common shares of 7c per common share, a 17% increase over the prior quarter. The dividend is payable on November 24, to shareholders of record on November 14.
06:05 EDTPDSPrecision Drilling reports Q3 EPS 18c, consensus 17c
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October 16, 2014
09:38 EDTPDSPrecision Drilling upgraded to Action List Buy from Buy at TD Securities
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