Precision Drilling reports $26.9 million profit in Q2 as company reduces debt

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Canada Headlines News

Canada Latest News,Canada Headlines

Precision Drilling reverses from $25M loss reported during same period a year ago, reports $100M debt reduction since beginning of 2023.

Trainees roll pipe off a catwalk during a training session to lay down drill pipe on a rig floor at Precision Drilling in Nisku, Alta., on Friday, Jan. 20, 2016.Precision Drilling Corp. reported a second-quarter profit of $26.9 million, reversing a $24.6-million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year.

Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 64. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solana: Can bulls reach $26?Solana made a quick U-turn after the Fed's decision and reversed a portion of recent losses. But further recovery is likely only if BTC traverses this level.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Precision Drilling reports $26.9 million profit in Q2 as company reduces debtPrecision Drilling reported a second-quarter profit of $26.9 million, reversing a $24.6 million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year.
Source: CTVCalgary - 🏆 26. / 68 Read more »

Precision Drilling reports $26.9 million profit in Q2 as company reduces debt - BNN BloombergPrecision Drilling Corp. reported a second-quarter profit of $26.9 million, reversing a $24.6 million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

‘Barbie’ Delivers Warner Bros.’ Biggest Monday Box Office Ever, Beats ‘The Dark Knight’'Barbie' continues to heat up the box office after a blockbuster opening weekend that soared far beyond initial predictions. According to Variety, on Monday, July 24 — the first day after the film's opening weekend — 'Barbie' added another $26 million in ticket sales. That, noted the outlet, was the biggest-ever Monday box office for the…
Source: ETCanada - 🏆 67. / 51 Read more »

Local Crime Severity Index down in 2022The local crime scene is trending in a different direction from the national trend. In the annual Police Repor...
Source: quintenews - 🏆 76. / 51 Read more »

Precision Drilling reports $26.9 million profit in Q2 as company reduces debtPrecision Drilling reported a second-quarter profit of $26.9 million, reversing a $24.6 million loss from a year earlier as the company says it has reduced its total debt by $100 million since the beginning of the year.
Source: CTVCalgary - 🏆 26. / 68 Read more »