CanElson Drilling Inc. (CanElson) is engaged in the manufacture, acquisition, operation and sale of drilling rigs for the oil and gas industry. The Company operates in two segments: Oilfield services and rig construction and retrofit.
The stock has a PE ratio of 7.4 and yields almost 5% and is considered cheap by several firms that have rated it a buy. The stock looks even more attractive now on recent weakness.
|Target||National Bank Financial||$7.50 « $6.60||05/09/12|
|Target||PI Financial||Buy||$7.00 « $6.75||05/09/12|
|Target||National Bank Financial||$6.60 « $7.00||04/16/12|
|Target||Paradigm Research||$7.25 « $6.75||03/13/12|
|Target||PI Financial||Buy||$7.00 « $6.00||03/13/12|