Topic
mining-services
1 stories related to this topic, newest first.
themarketherald.com.aufinance38 days ago
Orbit Garant Drilling Reports Q3 Revenue of $51.4M but Posts Net Loss Amid Weather and Mobilization Costs
The drilling services company achieved its highest third-quarter revenue in history and a 67 percent utilization rate, the highest in more than 10 years. Severe winter weather in Canada and costs tied to new long-term contracts weighed on profitability, producing a $1.2 million n…