TSE:PD

Precision Drilling (PD.TO)

129.84
-7.49 (5.45%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
187 watching
0
Investor Insights
star iconJun 6, 2026, 12:00 am

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

Experts are optimistic about Precision Drilling (PD-T) moving forward into 2027, noting that the increase in activity in the oil market suggests a potential price rise of 5-10%. They emphasize that pure play oil producers are the best investment choice given current market conditions. The stock has shown a significant rally, potentially driven by the sanctioning of LNG Canada and the company's achievement of its debt targets, leading to a strategic pivot towards returning 50% of capital to shareholders. Furthermore, it's worth noting that Precision Drilling's free cash flow yield is projected to be around 20% next year while also implementing a buyback of 10% of its shares. Although the current spreadsheet calculations appear positive, some experts feel it's still not the right time to invest in service stocks given the cyclical nature of the industry.

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Consensus
Positive
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Valuation
Undervalued
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Similar
SLB
BUY ON WEAKNESS
Could drop. Would like it in the low $40's. A little ahead of itself.
BUY
Expecting good numbers. Treat as a trade, not as a buy and hold. Good price.
BUY
Sees a good future for it. High oil prices should encourage oil companies to drill more.
BUY
A seasonal play. Oil/gas inventories are low.
BUY
Getting to a good price.
TOP PICK
Drilling activities are very strong.
BUY
Rates for drilling are rising. Could be good in the near term.
PAST TOP PICK
(Was a top pick on Nov 5. Down 8%.) Still likes.
BUY
Shortage of oil/gas should create a big demand in drilling. Buy for a 1/2 year term.
TOP PICK
Starting to pick up. Very cheap.
DON'T BUY
Drilling season has been delayed so earnings are down.
DON'T BUY
May be at their top now.
BUY
Should do better in 2003.
DON'T BUY
Drilling season will be very short and compact, so earnings will be weak.
TOP PICK
(Was a top pick on Oct 10. Up 17%.) Good long term.
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