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Trinidad Drilling Ltd (TDG.TO)

TDG.TO on Toronto Stock Exchange

1.81CAD
19 Jan 2018
Change (% chg)

$0.04 (+2.26%)
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$1.77
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$1.72
Volume
568,257
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Latest Key Developments (Source: Significant Developments)

Trinidad Drilling Ltd Lowers G&A Guidance By Nearly 20 pct
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Trinidad Drilling Ltd ::‍CO IS LOWERING ITS GUIDANCE FOR 2018 GENERAL AND ADMINISTRATIVE (G&A) EXPENSES TO $43 MILLION​.. OUTLINES RECENT RIGMINDER PROGRESS, LOWERS G&A GUIDANCE BY NEARLY 20%.TRINIDAD DRILLING -‍NEW 2018 GUIDANCE REPRESENTS A REDUCTION OF ABOUT 20% FROM PRIOR 2018 GUIDANCE AND 25% REDUCTION FROM EXPECTED 2017 G&A EXPENSES​.  Full Article

Trinidad Drilling Announces The Extension And Amendment Of Its Credit Facility
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Trinidad Drilling Ltd ::TRINIDAD DRILLING LTD. ANNOUNCES THE EXTENSION AND AMENDMENT OF ITS CREDIT FACILITY.TRINIDAD DRILLING LTD - ‍AGREED TO EXTEND MATURITY OF COMPANY'S EXISTING CREDIT FACILITY BY TWO YEARS, EXTENDING MATURITY DATE TO DECEMBER 12, 2020​.TRINIDAD DRILLING LTD - MINOR AMENDMENTS WERE MADE TO FACILITY AND SIZE OF CREDIT FACILITY REMAINS UNCHANGED AT C$100 MILLION AND US$100 MILLION​.TRINIDAD DRILLING-EXPECTS BANK EBITDA TO CASH INTEREST EXPENSE COVENANT TO BE POSITIVELY IMPACTED IN 2018 BY LOWER INTEREST RATE ON ITS SENIOR NOTES​.  Full Article

Trinidad Drilling announces amendments to its credit facility, debt covenants
Monday, 27 Jun 2016 

Trinidad Drilling Ltd : Trinidad Drilling Ltd announces amendments to its credit facility and debt covenants and provides operational update . Says given current market expectations, Trinidad expects to be able to operate within its debt covenants . Agreed to amend credit agreement governing its credit facility including reducing size of facility .Agreed to amend credit agreement governing credit facility including relaxing or eliminating certain of financial covenants.  Full Article

Trinidad Drilling Q1 earnings per share C$0.05
Tuesday, 10 May 2016 

Trinidad Drilling Ltd : Qtrly revenue $107.6 million versus $194. 4 million . Says in 2016, expects to spend approximately $30.0 million in capital expenditure . Trinidad Drilling Ltd. Reports first quarter results; solid operating margins and lower debt levels, despite weak industry conditions . Q1 earnings per share C$0.05 .Q1 earnings per share view C$0.05 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Trinidad Drilling Ltd Lowers G&A Guidance By Nearly 20 pct

* ‍CO IS LOWERING ITS GUIDANCE FOR 2018 GENERAL AND ADMINISTRATIVE (G&A) EXPENSES TO $43 MILLION​