Precision Drilling (TSE:PD) has released an update.
Precision Drilling reported a strong third quarter for 2024, with revenues climbing to $477 million and net earnings nearly doubling from last year. The company achieved significant debt reduction and is on track to use a portion of its free cash flow for share buybacks, underscoring its financial resilience and strategic growth initiatives.
For further insights into TSE:PD stock, check out TipRanks’ Stock Analysis page.