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
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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