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Explore Mitchell Services (ASX:MSV): Delivering record quarterly earnings & a world first in drilling at BHP with 423 views, 3 likes, and 0 comments. Experience the impact of this video content that has captured audience attention.

Mitchell Services (ASX:MSV) operates rigs for miners across Australia and has just reported record quarterly earnings, along with a world first in drilling for BHP Group (ASX:BHP) through its Loop decarbonisation business. The driller, a name in Australian mining since 1969, is seeing strong demand from gold and copper miners as high prices lift drilling budgets. Mitchell Services Chief Executive Officer Andrew Elf joins The Stock Network's Lel Smits to discuss the record September quarter, the BHP well and the push to put more rigs to work. 1. Lifting quarterly earnings to a record at Mitchell Services Mitchell Services reported record earnings for the September quarter, with revenue, EBITDA and profit before tax all well up on a year ago. What drove the increase? 2. Intersecting well from inside an open-cut pit for BHP Your Loop business joint venture drilled from inside an open-cut pit to hit a vertical well more than a kilometre and a half away. What made that so hard, why is it a world first and what could it mean for coal miners cutting methane? 3. Adding rigs on gold and copper demand Mitchell Services has signed contracts for more underground rigs and sees a path to a much higher rig count this financial year. With largely fixed costs, what could that mean for earnings ahead? _ _ _ Subscribe to TSN's YouTube channel for the latest stock content: https://www.youtube.com/channel/UCEEVNCMFSRxFa0Bb2wKLS0g?sub_confirmation=1 _ _ _ Follow TSN for the latest stock news and interviews: Twitter: https://twitter.com/thestocknet Instagram: https://www.instagram.com/thestocknetwork/ LinkedIn: https://www.linkedin.com/company/the-stock-network/ TikTok: https://www.tiktok.com/@thestocknet?lang=en Facebook: https://www.facebook.com/TheStockNet/ _ _ _ Connect with our host Lel Smits online - @LelSmits - Twitter / X: https://twitter.com/lelsmits - Instagram: https://www.instagram.com/lelsmits/ - LinkedIn: https://www.linkedin.com/in/leldesmits/ - TikTok: https://www.tiktok.com/@lelsmits?lang=en - Facebook: https://m.facebook.com/lelsmits/ - Threads: https://www.threads.net/@lelsmits _ _ _ Disclaimer The material contained in this post is general in nature only and does not constitute personal financial or legal advice. None of our material should be regarded as advice and you should not rely on any of the content of this post without first obtaining specific professional advice. We give no warranty to the accuracy, reliability or completeness of information that is contained in this post and exclude liability for any loss. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other author, agency, organisation, employer or company. We are not liable for any comment published by users and reserve the right to delete any comment for any reason whatsoever. We have commercial relationships with some of our contributors, and we may receive payment or other benefits from this post. Please see The Stock Network website for our full content disclaimer. _ _ _ Visit TSN's website to sign up for regular stock updates: www.thestocknetwork.com.au _ _ _

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