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Precision Drilling Corporation Message Board

  • stocktrader486 stocktrader486 Jan 14, 2013 9:03 AM Flag

    Not a lot of exciting growth going here

    capex reduction will conserve cash for dividend and prevent any downgrades as well... assuming oil prices dont tumble.

    But there will be a reduction in growth rates... and I am willing to bet some cut backs coming...

    Next earnings report won't be too pretty also IMO with the charge offs... but this is all pure speculation as I may not see other surprises that pds may have in store.

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