Precision ups its capital spending

PRECISION DRILLING CORP. $4.65 (Toronto symbol PD; Aggressive Growth Portfolio, Resource sector; Shares outstanding: 293.2 million; Market cap: $1.4 billion; Price-to-sales ratio: 1.0; Dividend suspended in March 2016; TSINetwork Rating: Extra Risk; www.precisiondrilling.com) provides contract drilling services to land-based oil and gas producers, mainly in North America.
Revenue… Read More

Updating Molson Coors Canada Inc., Precision Drilling Corp. and Imperil Oil Ltd.

MOLSON COORS CANADA INC. (Toronto symbols TPX.A $99 and TPX.B $102; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.3 million; Market cap: $22.0 billion; Price-to-sales ratio: 0.7; Dividend yield: 2.0%; TSINetwork Rating: Average; www.molsoncoors.com) acquired the remaining 58% of the MillerCoors brewing joint venture in October 2016 for… Read More