Precision Drilling reported a 35% drop in profit in 3Q.
Posted on 10/26/2023 at 11:43 am Precision Drilling attributed the 4.1% year-over-year increase in revenue to firmer drilling and services revenue, partially offset by lower activity. (Photo: The Canadian Press) Precision Drilling on Thursday reported third-quarter profit of $19.8 million, down 35% from $30.7 million in the same period last year, even as its … Read more