Pacific Drilling SA fka PACDQ

[legalizeMJ]

PACD:Q1 2016 EPS of -$0.01 beats by $0.06.

Revenue of $205.4M beats by $6.14M.

http://www.pacificdrilling.com/

Here's the link to its Q1 2016 results:
http://www.pacificdrilling.com/Investor-Relations/News/News-Details/2016/Pacific-Drilling-Announces-First-Quarter-2016-Results/default.aspx

LUXEMBOURG--(BUSINESS WIRE)-- Pacific Drilling S.A. (NYSE:PACD) today announced a net loss for first-quarter 2016 of $2.5 million or $0.01 per diluted share, compared to a net loss of $13.6 million or $0.06 per diluted share for fourth-quarter 2015 and net income of $51.7 million or $0.24 per diluted share for first-quarter 2015.

Liquidity and Capital Expenditures

During first-quarter 2016, cash flow from operations was $86.7 million. Our liquidity as of March 31, 2016 was $622.3 million, consisting of $407.3 million in cash and $215.0 million in available and undrawn liquidity under our 2013 revolving credit facility.

The Q1 results are great(better than other oil drillers/Oil companies Q1 results).
PACD has tremendous potential ahead - STRONG BUY

Go PACD $$$$$$$