TheScreener - Trinidad Drilling (TDG.) TRINIDAD DRILLING LTD. sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

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TRINIDAD DRILLING LTD. sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

The independent financial analyst theScreener just awarded an improved star rating to TRINIDAD DRILLING LTD. (CA), active in the Oil Equipment & Services industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 2 out of 4 possible stars. Given its market behaviour as risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Slightly Negative; the title, however, remains unattractive. As of the analysis date November 16, 2018, the closing price was CAD 1.61 and its target price was estimated at CAD 1.34.

17/11/2018 6 EN

Underlying

Trinidad Drilling

Trinidad Drilling is a provider of oil and gas drilling equipment. Co.'s divisions operate in the drilling sector of the North American oil and natural gas industry with operations in Canada and the United States. In addition, through joint ventures, Co. operates drilling rigs in other international markets such as Saudi Arabia and Mexico. Co.'s operations are organized into five segments: Canadian operations, United States/International operations, Joint venture operations, Manufacturing operations, and Corporate. As of Dec 31 2015, Co. had 72 drilling rigs in Canada; 67 drilling rigs in the United States and International; 10 drilling rigs in Joint Venture.

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CA8963561029 Canada

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Trinidad Drilling Ltd.: Update following upgrade to B2

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TRINIDAD DRILLING LTD. sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

Empowering Investors

2 directors bought

Trinidad Drilling Ltd.: Update following upgrade to B2

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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