TSE:PD

Precision Drilling (PD.TO)

118.48
+2.48 (2.14%)
as of Jul 21, 2026, 6:31:14 pm Market Open.
186 watching
0
Investor Insights
star iconJul 21, 2026, 12:00 am

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

Precision Drilling (PD-T) is experiencing positive momentum, driven by increasing activity in the energy sector and expected price increases of 5-10% leading into 2027. Experts believe that pure play oil producers will benefit the most from the current opportunities in oil, highlighting Precision Drilling as well-run and a strong company. There has been a significant rally in the stock, potentially linked to the sanctioning of the LNG Canada project for the coming year. The company achieved its debt target and is now pivoting towards returning 50% of its capital to shareholders, further bolstered by an attractive 20% free cash flow yield projected for next year. Although the spreadsheet forecasts are positive, some experts caution that while service stocks often thrive during cyclical lows, the timing may not be optimal for investment just yet. Furthermore, Precision Drilling shows good leverage to the rising demand for natural gas in the U.S., making it a key player in this growth area.

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Consensus
Positive
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Valuation
Undervalued
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Similar
APA
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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