The decline in Revenue, EBITDA etc. The drop does not surprise me.
TDG is highly focused on North America while Mexico is the company's only international exposure.
I think they have to get the message and expand to the international markets through the acquisition of grossly undervalued international players like TID and growing EBITDA.
TID (Tuscany International Drilling) drills in Africa and South America where the demand for drilling rigs exceeds by far the supply and the estimated EBITDA for 2013 is ~ $80 million.