Precision Drilling books Q4 losses

Canada’s Precision Drilling reported a net loss for the fourth quarter and lower profits for the full year despite higher revenues as asset decommissioning and goodwill impairments ate up earnings.

Drill decline: Precision Drilling braces for lower activity in 2015
Drill decline: Precision Drilling braces for lower activity in 2015
Published 12 February 2015, 12:30Updated 12 February 2015, 12:36
Americas