TSE:PD

Precision Drilling (PD.TO)

123.74
-3.69 (2.90%)
as of Sep 4, 2026, 7:16:22 pm Market Open.
186 watching
0
Investor Insights
star iconSep 4, 2026, 12:00 am

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

Precision Drilling (PD-T) is viewed positively by experts, who highlight a strong performance in the oil and natural gas sectors. There is optimism about pricing increasing by 5-10% as the activity in the space continues to rise, indicating a bullish outlook heading into 2027. The rally in the company's stock might be linked to favorable legislative changes, such as the sanctioning of LNG Canada, which suggests improved market conditions. Additionally, the company has successfully achieved its debt targets, allowing for a strategic pivot toward returning 50% of capital to shareholders, especially through stock buybacks. Overall, despite some experts noting a current lack of exposure to service stocks due to high trading multiples, they acknowledge that Precision Drilling is well-run and positioned well for future growth in U.S. natural gas markets.

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Consensus
Positive
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Valuation
Undervalued
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Similar
Noble,NBL
BUY
Has a lot of drilling rigs in the oil service sector. She has been very bullish on this sector for the last 6 months. She is still buying.
HOLD
Similar chart to all the drillers. Went through a difficult time and has been successful since. He would prefer one of the other drillers, but hold it. Prefers TCW or Pheonix.
PAST TOP PICK
PAST TOP PICK
WEAK BUY
These stocks have not participated in the recovery. Prefers TCW.
DON'T BUY
Fairly significantly exposed to natural gas. 20% of their shallow rigs are not drilling. No dividend. Looks like it will be struggling for a while.
PAST TOP PICK
(A Top Pick Nov 11/09. Down 1.23%.) Sold his holdings.
DON'T BUY
Cardium, Monte frac and US frac plays have been very active but unfortunately, conventional wells have not been doing as well. Will depend on the commodity price.
COMMENT
This would be his preference in their sector because of their size, exposure to both the Canadian and US drilling markets. Will be a long time before it gets back to the $25-$30 level.
DON'T BUY
Not his favourite in the drilling. He would prefer the horizontal (fraqing) drillers. Generating decent cash flow. Less money is going into natural gas now.
SELL
Rig count peaked at 1600 and she thinks 900-1000 will be sufficient because horizontal drilling gives 3 or 4 times more production than vertical. Earnings are coming down. Could be a quick trade but she wouldn't hold it.
HOLD
Likes the drilling companies but we need a little more evidence of the global turnaround to really get going.
WEAK BUY
Doesn't think there is a lot of upside in this one. Cheap and can ultimately go higher but in the drilling sector you want to be in things that are growing fast such as fraqing and shallow drilling plays. Gives a decent yield and valuation is relatively cheap.
BUY
Oil service industry has not been robust in the last couple of years but going forward it should be in a better position. Likes it going forward for the long-term but would like it cheaper than what it is. If you have a three-year outlook, you could buy it today.
TOP PICK
Oil patch is coming back and natural gas prices are strengthening so the well drilling business is on its way back. Have great financing. Has another huge leg up in it.
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