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

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Precision Drilling (PD.TO)

116.68

+1.33 (1.15%)

as of Aug 12, 2026, 8:00:00 pm Market Open.

186 watching

Investor Insights

Aug 12, 2026, 12:00 am

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

Precision Drilling (PD-T) is poised to capitalize on the increasing activity within the oil sector, with expectations of a 5-10% increase in pricing leading into 2027. Experts highlight that the company operates exceptionally well and is seen as a strong player among pure play oil producers, suggesting that they will potentially see the most significant gains in the current climate. The recent rally in the stock may be influenced by positive developments like the sanctioning of LNG Canada, and the company has successfully met its debt targets, enabling it to redistribute 50% of its capital back to shareholders. With a compelling free cash flow yield of around 20% projected for the upcoming year, Precision Drilling is actively buying back approximately 10% of its shares, indicating bullish sentiment. While there are positive indicators and growth outlooks tied to US natural gas demand, some experts suggest that service stocks are currently not at the right entry point despite favorable spreadsheet projections.

Consensus

Positive

Valuation

Undervalued

Similar

Pioneer, PXD

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

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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Most Recent Experts

Chris Blumas

at Raymond James Investment Counsel Ltd.

Shannon Saccocia, CIO, Boston Private

Boston Private

Joe Terranova

Virtus Investment Partners

Bryn Talkington

Requisite Capital Management

Brian Belski

BMO Capital Markets

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Precision Drilling (PD.TO)