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

HOLD

Company had other problems as well, with the fall of natural gas prices. Given the Capital Expenditures cuts by some of the expiration companies, their cash flow was destined to decline anyways.

BUY

The longer-term outlook is quite positive based on today's price. Trading at, or slightly below their corporate peers. Their short-term fortunes are going to be determined by the price of gas.

BUY ON WEAKNESS

Very good 3rd quarter results, slightly above analysts expectations. Some concerns on a possible distribution cut next year. Conservative management. By on weakness.

DON'T BUY

Expects cutbacks in drilling programs over the next year. As one of the largest, but older fleets out there. As companies cut back their drilling, they will move newer and better drilling rigs on to their properties.

TOP PICK

Debt-free and has an attractive yield. Expanding into the US. Well run. A defensive kind of oil play.

BUY

Every time there is a cyclical downturn in natural gas, investors think there will be no more drilling. There will be, and they're giving stocks away. This includes all the drillers such as Ensign (ESI-T), Precision Drilling (PD.UN-T) and Calfrac Well Services (CFW-T).

BUY

One of the blue-chip names. Has dropped from around $40 to about $33. Under $33 is not a bad purchase. Cyclical. 10% yield.

DON'T BUY

He has been de-emphasising the oil service side in the current environment. When commodity prices start to fluctuate like there has been, service companies tend to get hit fairly hard.

HOLD

Has been a lot of pressure on drillers because of the price decline in natural gas. Looking out 2-3 years, they should fare quite well, but in the very short term, this and other drilling companies may take some further heat. Doesn't think the distribution is at risk.

WAIT

Has come off with the other services stocks. Basically, it will stay soft/weak as long as the energy picture is slightly negative. Feels it will be a great buying opportunity sometime in the next few months.

PAST TOP PICK

(A Top Pick Aug 16/06. Down 20%.) A little more concerned about drilling companies then he was. Still holding.

HOLD

Industry is slowing down. Predicts a little more downside. Stay with it if you own. Entry point should be a little lower than here. Long term you will see over $40.00.

TOP PICK

Good time to buy Precision drilling. In the next year they will be drilling at full capacity. In the long term it will be a good investment.

HOLD

Has a great yield, if you own it hold onto it. This stock is dependent on the weather and gas prices.

DON'T BUY

With natural gas dropping, drilling will have to pull back. Shorter term, this is not good for this company. Great company, great long-term fundamentals.

Showing 436 to 450 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)