Major Drilling
Toronto symbol MDI, is one of the world's largest drilling service companies serving the mining industry.
PASON SYSTEMS $11.74 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 82.3 million; Market cap: $966.2 million; Dividend yield: 3.4%) rents equipment for monitoring and managing oil and gas rigs. It also sells communication systems, such as its satellite system, which companies use to remotely collect data from their drilling operations. Pason serves oil and gas producers and …read more »
Major Drilling, symbol MDI on Toronto, is a large contract-drilling firm that mainly serves the mining industry.
In the three months ended July 31, 2011, Major’s revenue rose 49.9%, to $164.2 million from $109.5 million a year earlier. Earnings per share jumped 257.1%, to $0.25 from $0.13.
During the quarter, many of Major’s customers increased their drilling activity to take …read more »
PASON SYSTEMS $12.77 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 91.3 million; Market cap: $1.0 billion; Dividend yield: 2.8%) rents equipment for monitoring and managing oil and gas rigs. It also sells communications systems, such as its satellite system, which companies use to remotely collect data from their drilling operations. Pason serves oil and gas companies and …read more »
Major Drilling, symbol MDI on Toronto, is a large contract-drilling firm that mainly serves the mining industry. Major Drilling is one of the stocks we analyze in Stock Pickers Digest, our newsletter that contains stock investing tips for the part of your portfolio you devote to aggressive investing.
In the three months ended April 30, 2011, the company’s revenue jumped 41.0%, …read more »
TOROMONT INDUSTRIES LTD. $18.99 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 76.4 million; Market cap: $1.5 billion; Dividend yield: n/a) has completed its spinoff of ENERFLEX LTD., $13.49 (Toronto symbol EFX; TSINetwork Rating: Extra Risk) (403-387-6377; www.enerflex.com; Shares outstanding: 76.4 million; Market cap: $1.0 billion; Dividend yield: n/a).
Toromont shareholders received shares of the new Toromont and …read more »
PASON SYSTEMS $14.75 (Toronto symbol PSI; TSINetwork Rating: Speculative) (403-301-3400; www.pason.com; Shares outstanding: 81.5 million; Market cap: $1.2 billion; Dividend yield: 2.4%) rents equipment that its customers use to monitor and manage land-based oil rigs. It also sells communications systems, such as its satellite system, which companies use to remotely collect data from their drilling operations. The company serves oil …read more »
MAJOR DRILLING. $14.31 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264- 3986; Shares outstanding: 23.7 million; Market cap: $339.3 million) is a large drilling company that mainly serves the mining industry.
In the three months ended October 31, 2008, Major Drilling’s revenues rose 22.4%, to $191 million from $156.1 million. Excluding one-time items, its earnings rose 28.5%, to $29.3 million, or …read more »
MAJOR DRILLING. $50.73 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264- 3986; Shares outstanding: 23.7 million; Market cap: $1.2 billion) is one of the world’s largest drilling service companies serving the mining industry.
In the three months ended April 30, 2008, Major Drilling’s revenues rose 34.1%, to a record $170 million from $129 million. Excluding one-time items, earnings rose 42.1%, to …read more »
MAJOR DRILLING. $59.65 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264- 3986; Shares outstanding: 23.6 million; Market cap: $1.4 billion) is one of the world’s largest drilling service companies serving the mining industry.
In the three months ended October 31, 2007, Major Drilling’s revenues rose 53.3%, to a record $156.1 million from $101.8 million. Excluding one-time items, earnings rose 76.1%, to …read more »
MAJOR DRILLING. $47.60 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264- 3986; Shares outstanding: 23.4 million; Market cap: $1.1 billion) is one of the world’s largest drilling service companies serving the mining industry.
In the three months ended April 30, 2007, Major Drilling’s revenues rose 45.1%, to a record $129 million from $89 million. Earnings rose 91.5%, to a record $17.8 …read more »
