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

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Daily Stock Opinions and Ratings

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

COMMENT

Did reasonably well in the last 7-8 months. A little bit of upside left to go. Good news is integration of Grey Wolf acquisition, updating its fleet with deeper rigs and have a lot of assets in the West. Has a little bit of room to go but he is sceptical about natural gas prices holding beyond the next few months.

BUY

Likes the oil/gas service sector and this is the largest public company. Sector has been ignored but with the pickup in natural gas this is a great way to play the resurgence.

SELL

(Market Call Minute.) Very poor potential. No income because they cut their pay out.

DON'T BUY

No longer pays distributions. Concerned about natural gas long-term and he is avoiding natural gas drilling stocks.

HOLD

(Market Call Minute.) Recovered somewhat. A lot of it is gas oriented. A hold at best.

HOLD

(Market Call Minute)

BUY

One of the largest land-based drillers. Half of their 450 drills are in use. Tremendous upside leverage in this company. Hopefully they will restore the dividend at some point. He is looking at buying it.

DON'T BUY

The key to this is when gas markets recover. An international company but still has a lot of drilling rigs in the Western Canadian basin, which is primarily gas. Until gas gets up in the $6-$7 range, there won't be a big influx of drilling.

DON'T BUY

If there were an upturn in drilling, there would be a marked improvement in the price of this. That's a big if and when. It won't happen this winter. Have moved into some of the major shale plays in the US.

SELL

(Market Call Minute) Very worried about natural gas.

HOLD

Has recently shown up on his radar screen. Selling at a modest multiple of what its normalized earnings would be. Looking attractive and potentially has some good upside.

TOP PICK

Very large premium drilling company. Thinks the bottom in drilling is now past.

DON'T BUY

Has cleaned up its balance sheets and done a lot of things right but think it's fairly valued here.

COMMENT

Recovered quite a lot from its lows. Partially a reflection on the increased activity in the oil services patch. This is a leader in this field. Outlook for the business is quite good but expect distributions could be cut.

DON'T BUY

Should be one she loves, but when second quarter results came out they showed no penetration into the market.

Showing 301 to 315 of 729 entries

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)