TSE:PD

Precision Drilling (PD.TO)

110.18
-2.07 (1.84%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
186 watching
0
Investor Insights
star iconJun 26, 2026, 12:00 am

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

Precision Drilling (PD-T) is perceived positively by experts, particularly given the rising activity in the oil sector, which is expected to lead to a pricing increase of 5-10% in the coming years. One expert highlighted that with the current positive trajectory, pure-play oil producers stand out as the most promising investment vehicles, foreseeing significant appreciation for well-managed companies like Precision Drilling. Additionally, a recent rally in stock prices may be attributed to the upcoming sanctioning of the LNG Canada project. With the company achieving its debt targets, a strategic pivot toward returning capital to shareholders, coupled with a compelling free cash flow yield, paints a positive outlook for investors. Overall, while shares show potential, some experts advise caution, suggesting a wait-and-see approach may be prudent given the current market conditions.

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Consensus
Positive
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Valuation
Undervalued
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Similar
Noble, NE
TRADE
Fairly cyclical and dependent on oil industry spending. Very profitable. Market may be discounting the eventual rolling over at the peak of its cycle of its earnings. This may be the reason for the stagnant share price in the range.
WAIT
Charts indicate it's currently in a wedge pattern. This pattern usually breaks on the upside. Wait for a breakout on the upside.
TOP PICK
Drumming rates and oil field services are going up dramatically. Weather conditions in Alberta are very good for drilling now.
BUY
Day rates and drill utilization in drilling are rising. Should do well over the next 4/5 months. Expects a break out soon.
TOP PICK
The drilling situation in western Canada has been fantastic and is going to get better. Thinks this winter will be a record for drilling. Trades at 13 X earnings.
BUY
Now is a good time to look at owning this company. It usually does well from the fall into the spring when drilling activity picks up.
BUY
Stock hasn't done much in the last little while. Expects to see some upside this winter. Expect it to be one of the better years for the drilling companies.
WEAK BUY
Because it is so large, percentage moves are small. Prefers smaller companies.
TOP PICK
(Top pick Aug 6/03. Up 2.8%.) The utilization of rig rates have recently improved again. Well positioned for energy demands.
BUY
Going into the winter period, and drilling utilization rates will be going up. It's a good bet that there will be some good prices for drilling
PAST TOP PICK
(A top pick May 9/03. Up 1.7%.) Still likes.
TOP PICK
The drillers are extremely undervalued. Well-positioned for the next couple of years. The supply and demand for oil is still relatively tight.
BUY
The biggest driller in Canada. Good management. Making lots of money.
BUY
Doesn’t deal with service companies, but there should be a very active drilling season.
PAST TOP PICK
(Was a top pick , July 8, 2003.Up 11%.)Still buying the stock for new clients.
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