Precision Drilling Puts Rigs to Work and Beats Expectations

Demand for rigs in North America is still growing, but that growth rate has slowed down significantly since the first half of the year. That means rig companies like Precision Drilling (NYSE: PDS) have to fight tooth and nail for additional work and contracts. Based on the company's most recent results, which were better than expected, it looks like it is making progress. Here's a look at Precision Drilling's third quarter.

Image source: Getty Images.

Data source: Precision Drilling earnings release.

Source: Fool.com