Soreide Law Group is currently conducting an investigation on behalf of clients whose brokers recommended investing in Precision Drilling Corporation (NYSE:PDS).
Precision Drilling Corporation provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. The Completion and Production Services segment offers completion and workover services, and services to oil and natural gas exploration and production companies. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Precision Drilling Corporation (PDS) is trading around $4.81 per share. The current share price indicates the stock is -20.89% away from its one year high and is moving 97.94% ahead of its one year low.
52 week range: 2.43 - 6.08
Precision Drilling Corporation on Friday reported a loss of $36.3 million in its third quarter. The Calgary, Alberta-based company said it had a loss of 12 cents per share. Losses, adjusted for non-recurring gains, were 13 cents per share. The oilfield services company posted revenue of $154.8 million in the period, which missed forecasts.
Contact Soreide Law Group if your broker or financial advisor recommended this high-risk oil and gas stock for your otherwise conservative portfolio and you incurred losses that were devastating to your long-range goals. Call and speak to a lawyer at no-cost for a consultation regarding the possibility of recovering your investment losses at: 888-760-6552.
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