Precision Drilling (PD.TO) Buy, Sell or Hold

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Daily Stock Opinions and Ratings

Precision Drilling (PD.TO)

129.84

-7.49 (5.45%)

as of Jun 5, 2026, 8:00:00 pm Market Open.

187 watching

Investor Insights

Jun 6, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts are optimistic about Precision Drilling (PD-T) moving forward into 2027, noting that the increase in activity in the oil market suggests a potential price rise of 5-10%. They emphasize that pure play oil producers are the best investment choice given current market conditions. The stock has shown a significant rally, potentially driven by the sanctioning of LNG Canada and the company's achievement of its debt targets, leading to a strategic pivot towards returning 50% of capital to shareholders. Furthermore, it's worth noting that Precision Drilling's free cash flow yield is projected to be around 20% next year while also implementing a buyback of 10% of its shares. Although the current spreadsheet calculations appear positive, some experts feel it's still not the right time to invest in service stocks given the cyclical nature of the industry.

Consensus

Positive

Valuation

Undervalued

Similar

SLB

BUY

Sees it going to about $20. Just bought it. Numbers look good. Model $21.68, 56% upside.

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COMMENT

Staying away from the drillers right now because he sees better value in some of the producers.

COMMENT

In a nice up trend. It was a laggard. While the other oil stocks were moving this one was horizontal. Formed a nice base and has now moved up and above the 200 day moving average. Believes it has significantly higher upside targets.

DON'T BUY

Switch from Molycorp (MCP-N)? Depends on your risk tolerance. Moly is a more steady dividend payer while Precision ebbs and flows with oil field services. You typically want to Buy oil field services in November/December and Sell about now. Now coming into their worst quarter.

DON'T BUY

Current price fully reflects the earnings out to 2012. Likes the drillers and the servicing companies but prefers others.

COMMENT

Came a long way in a relatively short time. Lately day rates have gone up quite a bit on rigs resulting in the stock price moving up precipitously. Wouldn’t Buy at these prices, but hasn’t taken profits yet, but is considering doing so. Upside is limited.

HOLD

Oil and gas really took a hit and gas prices collapsed. Had a number of drilling companies with idle rigs. They have worked their way through that and now they’re making very good money on the rigs they have. Expect that drilling companies will continue to do well.

COMMENT

The leading and largest of the drilling companies. Have a great and new fleet. Currently trying to pay down their debt. Next, cash flow might go towards new rigs, etc. They will never be a high dividend paying security.

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STRONG BUY

This is the top of his list of 3000 names right now. You cannot argue with the momentum of this stock. It’s just correcting back to its trend line. Now is the time to build to a full position.

BUY

Benefiting from a strong increase in activity the western Canadian sedentary basin as well as the US. Very strong in terms of rig count and activity. There is a lot of focus on drilling with oil going through $100. Doesn’t anticipate that they will reinstate a dividend soon.

BUY

Run up since October is pretty straight. The only dip was about $1 in March. Great looking chart. Nice base last year. Fundamentals are extremely strong. $15-$16 is pretty easy. Exit point would be at $12.50. (See Top Picks.)

COMMENT

Oil prices are up. Looking for oil in safe areas of the world is the paramount thing for investors. This one has taken off and it’s difficult to get into. Consider a half position. You might also want to consider Trican Well Service (TCW-T) with 70% of their business in the fracturing business..

BUY

Oil service seasonality is from end of Jan until end of May. Even though market is going lower, this one went into a 2.5 year high today. A big increase in the money being spend on oil services in 2011 from last year. Stick with it until May.

BUY

Drillers and service sector will be a beneficiary for what’s going on. Exploration companies are going to hire drilling companies. Prefers Trican. This cycle has a long way to go.

BUY

Wouldn’t be one of her all time favourite service companies but she likes it here. With present oil prices there will be lots of drilling. Cheap (See Top Picks.)

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Precision Drilling (PD.TO)