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.

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Consensus
Positive
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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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