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

Home

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

DON'T BUY

With the decline in oil prices, there will be massive cutbacks in capital expenditures, which will impact drillers.

Wealthica Track your Stocks in your Watch List

BUY ON WEAKNESS

(Market Call Minute.) Look for an opportunity to buy but don't be in a hurry. Cheap.

SELL

This is a company that he would not be in at all. It is so sensitive to the cap X of the energy companies. Thinks it will be a few years before this one returns to its former levels.

COMMENT

Trading at about a 50% haircut to its replacement value for its rigs. 17.9% yield. Not overly bullish on many of these service companies.

DON'T BUY

15% yield. North American drillers are trading very cheap on all metrics. Really likes the new management. Has older equipment and newer companies will be more in demand.

COMMENT

Quality trust. Largest drilling and service trust in Canada. Making a big acquisition of Grey Wolf (GW-A). Previously a pristine balance sheet but will now have debt levels. Seeing drilling coming off in the US. Would be cautious.

BUY

Good time to be buying oil drilling and oil services companies. Strong demand for their services.

COMMENT

It seems they are able to keep the distribution currently. Thinks winter drilling will be fine.

Wealthica Track your Stocks in your Watch List

WAIT

Tentative hold. Wait if buying.

COMMENT

Largest oil service firm in Western Canada. Will depend on commodity prices. If you have a positive view on oil and natural gas you should continue to hold. The numbers he sees for drilling this winter don't look as good.

WAIT

One of the largest contract drillers in Canada. Recently acquired Grey Wolf (GW-A) in the US. Expects there could be tax loss selling in November when shareholders from Grey Wolf could be selling shares. Well run trust, but wait until December.

COMMENT

Wanted to build up their presence in the US and bought Grey Wolf. If the price of oil recovers in 2008/2009 winter there could be mid-teens natural gas next year.

BUY

Canadian Natural Rsrcs (CNQ-T) would probably be his Top Pick in the oil sector on the Canadian side but he also has positions in Encana (ECA-T), Suncor (SU-T) as well as Precision Drilling (PD-T).

BUY

Largest driller in Western Canada. Because of higher energy prices, drilling activity has been significantly higher in the last year. They are also expected to look for acquisitions in the US. (See Top Picks.)

HOLD

Has been disappointing. Last year, gas prices went down so drilling slowed. This spring started off slowly and earnings started picking up. Will do well with their bigger rigs on the deep drilling.

Showing 346 to 360 of 729 entries

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

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)