Precision Drilling Corporation operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Precision Drilling with three other
Oil and Gas Field Services in North America:
Diamond Offshore Drilling, Inc.
of the United States
(2018
sales of $1.06 billion
of which 100%
was Contract Drilling),
Noble Corporation PLC
of the United States
($1.04 billion
of which 51%
was Drillships), and
Seadrill Ltd
which is
based in Bermuda
(1.25 billion Bermudan Dollars [US$1.25 billion]
of which 64%
was Floaters).
Sales Analysis.
Precision Drilling reported sales of C$1.54 billion (US$1.17 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 16.6%
versus 2017, when the company's sales were C$1.32 billion.
Sales of Contract Drilling Services saw an increase
of
19.0% in 2018, from
C$1.17 billion to C$1.40 billion.
Not all segments of Precision Drilling experienced an increase in sales in 2018:
sales of Completion and Production Services fell 2.2% to C$150.76 million.