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Stocks in play: Precision Drilling

Baystreet.ca - Baystreet - Tue Feb 6, 9:02AM CST

Announces strong 2023 fourth-quarter results plus 2024 capital budget and shareholder return targets: Revenue and Adjusted EBITDAwere $507 million and $151 million, respectively, as compared with $511 million and $91 million in 2022. Net earnings were $147 million ($10.42 per share) as compared with $3 million ($0.27 per share) in 2022. Precision Drilling shares T.PD are trading up $6.63 at $86.50.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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