Precision Drilling lifts profit by 8%

Canada’s Precision Drilling has raised its quarterly net profit by more than 8% to C$101 million ($91.6 million) in the first quarter as higher prices and increased industry activity boosted revenues.

Precision profits: Driller sees boosted bottom line
Precision profits: Driller sees boosted bottom line
Published 28 April 2014, 11:26Updated 11 October 2016, 16:28
Americas