TSE:PD

Precision Drilling (PD.TO)

123.74
-3.69 (2.90%)
as of Sep 4, 2026, 7:16:22 pm Market Open.
186 watching
0
Investor Insights
star iconSep 4, 2026, 12:00 am

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

Precision Drilling (PD-T) is viewed positively by experts, who highlight a strong performance in the oil and natural gas sectors. There is optimism about pricing increasing by 5-10% as the activity in the space continues to rise, indicating a bullish outlook heading into 2027. The rally in the company's stock might be linked to favorable legislative changes, such as the sanctioning of LNG Canada, which suggests improved market conditions. Additionally, the company has successfully achieved its debt targets, allowing for a strategic pivot toward returning 50% of capital to shareholders, especially through stock buybacks. Overall, despite some experts noting a current lack of exposure to service stocks due to high trading multiples, they acknowledge that Precision Drilling is well-run and positioned well for future growth in U.S. natural gas markets.

consensus icon
Consensus
Positive
valuation icon
Valuation
Undervalued
review icon
Similar
Noble,NBL
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