Trinidad Drilling (TSX:TDG) Buyback Yield % : 0.00 (As of Jun. 19, 2024)

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What is Trinidad Drilling Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Trinidad Drilling's current buyback yield was 0.00%.

Trinidad Drilling Buyback Yield % Historical Data

The historical data trend for Trinidad Drilling's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Trinidad Drilling Buyback Yield % Chart

Trinidad Drilling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Buyback Yield %

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-12.68

2.35

1.77

-32.16

Trinidad Drilling Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Buyback Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Trinidad Drilling's Buyback Yield %

For the Oil & Gas Drilling subindustry, Trinidad Drilling's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trinidad Drilling's Buyback Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trinidad Drilling's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Trinidad Drilling's Buyback Yield % falls into.

Trinidad Drilling Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Trinidad Drilling's Buyback Yield for the fiscal year that ended in Dec. 2017 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	149.5)	/	464.8786
	=	-32.16%

Trinidad Drilling's annualized Buyback Yield for the quarter that ended in Sep. 2018 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0)	*	4	/	505.8973
	=	0.00%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Sep. 2018) data.

Trinidad Drilling Buyback Yield % Related Terms

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Trinidad Drilling (TSX:TDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinidad Drilling Ltd (TSX:TDG) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.trinidaddrilling.com

Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.