Precision Drilling’s Strong Q3 2024 Financial Performance
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Precision Drilling’s Strong Q3 2024 Financial Performance

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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.

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