Stocks in play: Precision Drilling
Announces 2022 third-quarter financial results. The company realized $429 million of revenue during the quarter, an increase of 69% over the same period last year and 32% compared to the previous quarter. Precision also generated net earnings of $31 million or $2.26 per share compared with a net loss of $38 million or $2.86 per share in third quarter of 2021. Precision Drilling shares T.PD are trading up $1.10 at $93.98.
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