Trinidad Drilling (TSX:TDG) Net Issuance of Preferred Stock : C$0.0 Mil (TTM As of Sep. 2018)

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What is Trinidad Drilling Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

Trinidad Drilling's net issuance of preferred for the three months ended in Sep. 2018 was C$0.0 Mil. The number is 0, which means that Trinidad Drilling has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

Trinidad Drilling's net issuance of preferred for the trailing twelve months (TTM) ended in Sep. 2018 was C$0.0 Mil.

Trinidad Drilling Net Issuance of Preferred Stock Historical Data

The historical data trend for Trinidad Drilling's Net Issuance of Preferred Stock 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 Net Issuance of Preferred Stock Chart

Trinidad Drilling Annual Data

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Net Issuance of Preferred Stock

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Trinidad Drilling Quarterly Data
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Trinidad Drilling Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

Trinidad Drilling Net Issuance of Preferred Stock Related Terms

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Trinidad Drilling (TSX:TDG) Business Description

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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.