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Enter Symbol:
Precision Drilling Corporation (PDS) [hlAlert]

down 57.72 %

Precision Drilling Corporation (PDS) rated Accumulate with price target $13 by Global Hunter Securities

Posted on: Thursday,  Oct 13, 2011  8:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate Precision Drilling Corporation (NYSE: PDS) on 10/13/2011, when the stock price was $10.55.
Since then, Precision Drilling Corporation has lost 57.73% as of 10/09/2015's recent price of $4.46.
If you would have followed this Global Hunter Securities's recommendation on PDS, you would have lost 57.72% of your investment in 1457 days.

Precision Drilling Trust (the Trust or Precision) is engaged in land drilling in North America with drilling rigs operating in gas basin. The Company operates in two business segments: contract drilling services and completion and production services. Precision operated 374 land rigs, 229 service rigs and 100 camps along with catering, rental, snubbing and wastewater services. During the year ended December 31, 2008, Precision?s fleet consisted of 374 rigs with 220 in Canada, 151 in the United States, two in Mexico and one in Chile. On December 23, 2008, the Company acquired Grey Wolf, Inc. (Grey Wolf). Its subsidiaries include Grey Wolf Inc., Kenting Energy Services Inc., LRG Oilfield Services Ltd. McKenzie Caterers (1984) Ltd., Rostel Industries Ltd. and Columbia Oilfield Supply Ltd.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2011 8:25 AM Buy
10.55 13.00
as of 12/30/2011
1 Week down  -2.93 %
1 Month down  -11.16 %
3 Months down  -2.74 %
1 YTD down  -2.74 %

(*) Stock Price at the time of the recommendation.
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