MDI
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 »
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 »
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 $22.40 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264-3986; Shares outstanding: 23.8 million; Market cap: $532.9 million; Dividend yield: 1.8%) reports that its revenue jumped 46.6% in the three months ended April 30, 2010, to $97.4 million from $66.4 million a year earlier. The company earned $3.2 million, or $0.14 a share. A year earlier, it lost $4.6 …read more »
MAJOR DRILLING $26.07 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264-3986; Shares outstanding: 23.7 million; Market cap: $619.1 million; Dividend yield: 1.4%) has bought SMD Services of Huntsville, Alabama, for $4 million.
The purchase is small for Major Drilling, but it lets the company enter the environmental and geotechnical drilling businesses. Environmental drillers recover soil and groundwater samples to determine if …read more »
MAJOR DRILLING $28.70 (Toronto symbol MDI; SI Rating: Speculative) (www.majordrilling.com; 1-866-264-3986; Shares outstanding: 23.7 million; Market cap: $680.9 million; Dividend yield: 1.4%) is a large contract-drilling company that mainly serves the mining industry.
Major Drilling’s shares have moved up from $23 in mid-December, even though the company reported lower revenue and earnings in the latest quarter.
In the three months …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 »
One of the best ways to find bargain stocks is to look for undervalued stocks that have “hidden assets”. These are assets that attract far less investor interest that they deserve. That gives the buyers of these undervalued stocks a bargain. It may also attract takeover bids.
If these hidden assets were sold, spun off, or utilized more efficiently, they …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 »
