2023-07-27 06:21:00 ET
- Precision Drilling press release ( NYSE: PDS ): Q2 GAAP EPS of C$1.63.
- Revenue of C$426M (+30.6% Y/Y).
- Revenue was C$426 million compared with C$326 million in the second quarter of 2022 as drilling rigs continued to reprice at higher day rates, increasing 25% in Canada and 39% in the U.S. year over year.
- Averaged 42 active rigs in Canada, an increase of 12% over the second quarter of 2022, and 51 rigs in the U.S., representing an 8% decline from the second quarter of 2022.
For further details see:
Precision Drilling GAAP EPS of C$1.63, revenue of C$426M