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.

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Consensus
Positive
valuation icon
Valuation
Undervalued
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TOP PICK
Canadian drillers have a big discount to the US in valuations.Drilling is picking up.
WAIT
Best time o buy is when oil/gas prices are low and drilling is down.
TOP PICK
Will be working full out drilling gas wells. Well run company. Very cheap.
BUY ON WEAKNESS
Looking to get into it over the summer when prices drop. Should do extremely well going into the winter season.
TOP PICK
Drilling is going full bore right now, especially for natural gas.
BUY
It should be good for over the next 2 years.
TOP PICK
Strong management and good balance sheet. Gas shortage will create a lot of drilling activity. They are a leader in their sector.
BUY ON WEAKNESS
Has a really strong, international platform. Gas shortage should keep them busy. Buy under $50.
TOP PICK
Expects to see an upturn in drilling activity. Good price.
TOP PICK
Expanding internatiionally. Developing new tools and technology. Good price.
BUY
Talking about a need for 20,000/22,000 new wells to be drilled just to stay even with the demand.
BUY ON WEAKNESS
Great company. Very cyclical. Drilling is going to be increasingly needed. Treat as a trading stock. Buy at $40.
BUY
Likes the drilling stocks. Cheap com;pared to its US counterparts.
BUY ON WEAKNESS
It is now out of the drilling season, so price is down. Now, and over the next few months is the time to buy before the next drilling season starts.
DON'T BUY
Will drift coming in to the spring. There won't be any great excitement.
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