Name | Value |
---|---|
Revenues | 429.2M |
Cost of Revenue | 359.2M |
Gross Profit | 70.0M |
Operating Expense | 28.7M |
Operating I/L | 41.3M |
Other Income/Expense | -83.9M |
Interest Income | 0.8M |
Pretax | 31.2M |
Income Tax Expense | 10.5M |
Net Income/Loss | 20.7M |
Precision Drilling Corporation provides onshore drilling, completion, and production services to oil and natural gas exploration and production companies in North America and the Middle East. The company operates in two segments: Contract Drilling Services, offering onshore well drilling services, and Completion and Production Services, providing service rigs, oilfield surface equipment rentals, and camp and catering services. The Contract Drilling Services segment operates 227 land drilling rigs, while the Completion and Production Services segment operates 123 well completion and workover service rigs, 1,900 oilfield rental items, and various accommodation and catering facilities.