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

Home

Daily Stock Opinions and Ratings

Precision Drilling (PD.TO)

124.62

-2.81 (2.21%)

as of Sep 4, 2026, 8:00:00 pm Market Open.

186 watching

Investor Insights

Sep 4, 2026, 12:00 am

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

Precision Drilling is poised to benefit significantly from the rising activity levels in the oil sector, with experts predicting a price increase of 5-10% leading into 2027. The company has made substantial strides, particularly with the recent approval of the LNG Canada project, which has prompted a positive market response. Its achievements in meeting debt targets have allowed it to focus on returning capital to shareholders, with plans to buy back 10% of its stock. Analysts note that Precision Drilling's free cash flow yield for the upcoming year is approximately 20%, indicating a compelling investment opportunity. Additionally, the company possesses strong leverage to the growing demand for US natural gas, positioning it well for future growth as the market expands.

Consensus

Positive

Valuation

Undervalued

Similar

WMB

BUY ON WEAKNESS

We are in the spring break up when demand is at its lowest level. No reason to be chasing the stock right here.

WAIT

Recently did a very significant financing with Alberta. Much better shape than 3 months ago

DON'T BUY

Bad outlook for 12 months. Doesn’t suggest this. Distribution is not coming back any time soon.

HOLD

Had a nice run. Bounced back in what looked to be like a death watch on it. The challenge is, it is gas weighted.

DON'T BUY

Biggest driller in Canada, but the utilization of this industry is down to very low levels. Has quite a debt load. Stock will languish until there is a recovery in gas prices. Will be a survivor.

WAIT

Think they will survive and there will have to be a lot more drilling done. Chart indicates it is bottoming. Entry point would be a little further on when the worst of the recession is over.

DON'T BUY

A premier player and will do well once drilling activity picks up. More bullish on oil itself and the big internationals such as Talisman (TLM-T), Nexen (NXY-T), Suncor (SU-T) and Canadian Natural Resources (CNQ-T). Drilling sector will lag. (See Top Picks.)

WAIT

If you have a long-term horizon, drilling will pick up at some point. It has to come back. Probably not a bad time, but when will there earnings show? Thinks it's still early.

DON'T BUY

Doesn't like the drillers because nobody wants to drill with the low oil price environment. There is also a surplus of natural gas.

DON'T BUY

Outlook is not great in the short term for drillers. Natural gas prices have to start to appreciate than the producers have to decide to drill more wells. Things should be improving by next year.

DON'T BUY

(Market Call Minute.) Stay away from the drillers.

HOLD

Present management is expanding the company again. It should be all right, but you are waiting for a cycle return on the whole oil services sector.

SELL

(Market Call Minute.) Balance sheet issue. Need to refinance.

DON'T BUY

Drilling activity has come to a virtual standstill and outlook is weak. Made an acquisition of Grey Wolf at a very healthy price and terms of the debt are quite restrictive. If you own, you might want to hold for a couple of years until the drilling cycle comes back.

DON'T BUY

Timing of the acquisition of Grey Wolf (GW-A) was unfortunate. Cut their distribution. Oil service companies are high beta oil companies and oil companies are high beta. A lot of volatility.

Showing 331 to 345 of 729 entries

Most Recent Experts

Brian Madden

First Avenue Investment Counsel

Kim Bolton

Black Swan Dexteritas

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Precision Drilling (PD.TO)