Trainees roll pipe off the catwalk during a training session at Precision Drilling in Nisku, Alta., on Jan. 20, 2016.JASON FRANSON/The Canadian Press
Oilfield services company Precision Drilling’s loss narrowed for the third-quarter, helped by higher drilling activity across North America, the Canadian company reported on Thursday.
Net loss narrowed to $3.5 million, or 1 cent per share, from $30.6 million, or 10 cents a share, a year earlier.
Revenue fell about 2 per cent to $376 million.
Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.