CanElson Drilling Inc. news

   Watch this stock
Showing stories 1 - 10 of about 90   

Articles published

CDI 0.0000
price chart
Trinidad Drilling Ltd. and CanElson Drilling Inc. merger gives scale in ...
CALGARY - Trinidad Drilling Ltd. and CanElson Drilling Inc. announced Thursday a $505-million merger they say will give them much-needed scale in the oilfield services sector.
CanElson, Trinidad Drilling to merge in $505M deal
Trinidad Drilling acquires CanElson to set stage for oil-price recovery  The Globe and Mail
Trinidad Drilling Ltd. and CanElson Drilling Inc. Announce the Closing of ...
Trinidad Drilling Ltd. ("Trinidad") (TSX:TDG) and CanElson Drilling Inc. ("CanElson") (TSX:CDI) are pleased to announce that they have closed their previously announced strategic business combination (the "Transaction").
More pain in the oil patch: CanElson Drilling halves dividend, cuts capital ...
CALGARY - CanElson Drilling Inc. said Monday it will reduce its quarterly dividend by 50%, defer the completion of three new drilling rigs, and reduce its capital budget by 80% as a result of low crude oil and natural gas prices.
CanElson Reduces Its 2015 Capital Program by 80% and Its Quarterly Dividend ...  Marketwired (press release)
CanElson cuts dividend in half, 2015 capital budget by 80%  Proactive Investors USA & Canada
Trinidad Drilling Ltd. and CanElson Drilling Inc. to merge in $505-million ...
We encourage all readers to share their views on our articles and blog posts. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, and please keep your comments relevant and respectful.
CanElson to combine with Trinidad
On June 11, Trinidad Drilling Ltd. and CanElson Drilling Inc. announced an combination worth $505 million. However, while the value of the deal is over half a billion dollars, just a small fraction of that will be paid in cash.
CanElson Drilling and others employ novel strategies to deal with labor shortages
In January, CanElson Drilling Inc. got a new partner. As it rang in 2013, the Calgary-based energy services company announced that it had reached an agreement with File Hills Qu'Appelle Tribal Council's business arm - FHQTC Developments LP.
Analysts' Recent Ratings Updates for CanElson Drilling (CDI)
Shares of CanElson Drilling Inc. (TSE:CDI) opened at 4.29 on Friday. CanElson Drilling Inc. has a 52-week low of $3.06 and a 52-week high of $8.78.
Energy Watch: Big dividend cuts at CanElson Drilling and Lightstream Resources
TO) and CanElson Drilling (CDI.TO) to cut their dividends and capital spending plans. Oil and gas producer Lightstream is immediately suspending its monthly dividend and says its capital program spending in the first half of 2015 will be approximately ...
CanElson Drilling COO signals optimism
Chart below reflects public-market transactions of common shares or unit trusts by company officers and directors. Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors.
Related articles »  
CanElson Drilling looks set to test support
CanElson Drilling Inc. has a market capitalization of just over $490-million whereas Precision Drilling Corp has a market capitalization of $2.8-billion.
Related articles »