May 9, 2012 / 10:13 AM / in 6 years

Calfrac profit rises as drilling boom continues

May 9 (Reuters) - Calfrac Well Services Ltd’s quarterly profit rose, helped by continued drilling boom in North America.

The company’s first-quarter net income attributable to shareholders rose to C$70.8 million, or C$1.59 per share, from C$49.1 million, or C$1.11 per share, a year earlier.

Revenue rose 41 percent to C$474.1 million.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below