CEO on BNN Precision Drilling cuts 2023 capex due to softer U.S. market: CEO Kevin Neveu
Kevin Neveu, president and CEO of Precision Drilling, tells BNN Bloomberg that strength in the Canadian and international markets could make up for a weaker U.S. market this year. He says their well service operations are handicapped by the tight labour market. He expects strong FCF for 2023 and says, 'We’re going to pay down debt in a meaningful way.'
https://www.bnnbloomberg.ca/video/precision-drilling-cuts-2023-capex-due-to-softer-u-s-market-ceo-kevin-neveu~2675554