TSE:PD

Precision Drilling (PD.TO)

116.68
+1.33 (1.15%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
186 watching
0
Investor Insights
star iconAug 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 icon
Consensus
Positive
valuation icon
Valuation
Undervalued
review icon
Similar
Pioneer, PXD
BUY
Feels there is upside on the stock. Earnings are good. Trades at a discount to the big 3 in the US. Their international division shows a lot of promise. Reasonably priced on earnings.
BUY
Was considering, but the recent runup caused him to look elsewhere. Prefers Ensign which trades at a significant valuation discount to this one. Expects drilling activity will be high.
BUY
Will probably peak out at around $75-$80. Will continue to be busy.
BUY
Earnings just reported were pretty good. A little bit of problems still in the technical services group. All indications are that they are going to have a blow-out year.
TRADE
Management has done a great job. Internation name.
BUY
Good cash flow should continue to do well.
BUY
The price has been quite soft lately so they have been buying more. Drilling industry is doing exceptionally well.
BUY
Likes the stock.
DON'T BUY
Should track similarly to the oil/gas securities. Would wait for a lower price before buying.
PAST TOP PICK
(A top pick Oct 2/03. Up 25.5%.) Still likes. Drilling story still looks pretty good.
HOLD
Oil service companies is one of their favourite ways of participating in the oil/gas sector. A premier company. Fully priced at 15 X earnings.
DON'T BUY
A great company. Drilling looks good for 2004 so sees some support for the stock price but not sure how sustainable it is.
BUY
Sells at a price/earnings ratio of 15/16 times. Cheap, compared to its US peers.
PAST TOP PICK
(Past top pick Jan 12/ 2004 up under $1) Going to do well. Set up attractively.
TOP PICK
Good technology. Valuations, compared to US peers is very good. A growing business in general.
Showing 541 to 555 of 729 entries