Trinidad Drilling Limited operates within the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Trinidad Drilling Limited with three other
companies in this sector in Canada:
PHX Energy Services Corporation
sales of 148.40 million Canadian Dollars [US$119.39 million]
of which 100%
was Drilling Services),
Western Energy Services Corporation
(124.44 million Canadian Dollars [US$100.11 million]
of which 68%
was Contract Drilling), and
High Arctic Energy Services Incorporation
(208.00 million Canadian Dollars [US$167.34 million]
of which 70%
was Drilling Services).
During the year ended December of 2016, sales at
Trinidad Drilling Limited were C$362.14 million (US$291.35 million).
decrease of 34.4%
versus 2015, when the company's sales were C$551.90 million.
Contributing to the drop in overall sales was the 53.9% decline
in Manufacturing Operations, from C$125.13 million to C$57.65 million.
There were also decreases in sales in
Operating Segment - Us International Ope (down 32.8% to C$205.93 million)
Operating Segment - Canadian Operations (down 24.7% to C$152.24 million)
Operating Segment - Corporate (down 17.4% to C$1.05 million)