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

DON'T BUY

Many companies are pulling back drilling expectations for next year. This could make it very difficult.

DON'T BUY

This is a tough one for him. With the distributions coming out, they balance sheet is actually falling on his quantitative model. The model price is around $25, but we'll get hit with taxes in 2 years. Probably trading in line. Doesn't see any big upside

COMMENT

He tends to avoid the service sector except for production related companies rather than exploration companies. Good balance sheet. This one will suffer more in down periods, but will recover more quickly.

COMMENT

Generally doesn't like this one, but it has fallen so far it might be worth looking at.

DON'T BUY

If you own, you are getting close to the point where you can average down. Wait until you see some signs of natural gas basing. That could be as long as a year from now.

WAIT

Looking at this one very closely. Have cut distributions twice. Canadian drilling has been very bad. 3% of their rigs are in the US, but has accounted for 17% of their EBITDA. Outlook for earnings is very poor and the earnings are very close to the distribution.

WAIT

Had a big drop and the prices are starting to look attractive again. Very Conservative payout ratio. Would wait to see where gas prices are going.

HOLD

Softer natural gas prices have decreased drilling activities. This company will have the most upside should this cycle change.

BUY

The oilfield services have been beaten up and are trading near their bottoms. Good entry point and the support is strong. Not a lot of volume right now. Exit if it goes below $25.

DON'T BUY

His model price on this is $35.60 giving a 30% differential, which will disappear in 2 years, so are trading at what their future earnings are. (See “Today’s Commentary”.)

DON'T BUY

Foreign exchange is moving against them. Be cautious on this name. Good long term hold, but don't be in any rush to jump in.

WAIT

He likes it. It's suffering along with all the other drilling companies. Thinks it will pick up next year.

BUY

Has been hit by a 20% drop in utilization rates for all of the drillers. This one is the 100 lb. gorilla with a 30% market share. With a normalized winter, they should be a pickup in drilling activity. Could be a consolidator and continue to grow their market share.

WAIT

A play on natural gas. Current price is displaying some optimism in the market. Don't look for good news out of their quarterly reports until this winter. Price has gone up on speculation about M7A activity. All the good news is fully factored in. Wait for the summer doldrums.

HOLD

In the US they have not backed off drilling, while in Canada they have.

Showing 391 to 405 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)