Stampede Drilling Inc (TSE:SDI) has released an update.
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Stampede Drilling Inc. reported a 5% revenue drop to $24,262 for Q3 2024, mainly due to fewer operating days, impacting net income and adjusted EBITDA. Despite the challenges, the company saw a significant 170% rise in free cash flow and continued its share repurchase program, buying back 3,145 common shares during the quarter.
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