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Precision Drilling Trust

11:47 AM EST - Precision Drilling Trust : reported fourth-quarter net loss of $24.89 million or $0.09 per unit, compared to net income of $92.38 million or $0.66 per unit last year. Operating loss was $25 million, compared to operating earnings of $111.53 million in the prior-year quarter. Revenue declined to $286.07 million from $335.05 million in the same quarter a year earlier. Precision Drilling Trust shares T.PD.UN are trading down $0.19 at $8.62.