TSX:PDEnergy Services
Assessing Precision Drilling’s Valuation After Earnings Swing To Quarterly Loss And Full-Year Profit Drop
Precision Drilling (TSX:PD) is back in focus after its latest earnings release, which showed a fourth quarter net loss alongside sharply lower full year earnings compared with the prior year’s profitability.
See our latest analysis for Precision Drilling.
The latest results come against a strong price backdrop, with the share price at CA$122.51 after a 53.73% 90 day share price return and a 52.47% 1 year total shareholder return. This suggests recent momentum has been building even as...