Rising demand lifts revenue, cuts debt for Precision Drilling Corp.

Improved demand for drilling rigs in the U.S., plus rising oil prices, led to an 8.2% revenue increase for this industry leader in the most-recent quarter.

At the same time, the company needs to bring down its debt.


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PRECISION DRILLING CORP. (Toronto symbol PD; www.precisiondrilling.com) provides contract… Read More