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Precision Drilling Corp T.PD

Alternate Symbol(s):  PDS

Precision Drilling Inc is a Canada-based drilling company. The Company is engaged in the exploration and production of oil and natural gas. Its services include North American drilling, international drilling, oilfield equipment rentals, camp & catering services. The Company technology includes AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen.


TSX:PD - Post by User

Post by retiredcfon Apr 27, 2023 7:04am
197 Views
Post# 35416365

CEO on BNN

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

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