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 UNITED STATES
(2020
sales of $692.75 million
of which 100%
was Contract drilling services),
Archer Limited
of BERMUDA
(824.00 million Bermudian Dollars [US$824.00 million]
), and
Ensign Energy Services Incorporated
(936.82 million Canadian Dollars [US$742.92 million]
of which 62%
was Rig rental revenue).
Sales Analysis.
Precision Drilling reported sales of C$935.75 million (US$742.07 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 39.3%
versus 2019, when the company's sales were C$1.54 billion.
Contributing to the drop in overall sales was the 47.7% decline
in Completion and Production Services, from C$147.83 million to C$77.25 million.
There were also decreases in sales in
Contract Drilling Services (down 38.4% to C$861.20 million)
.