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
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Valuation
Undervalued
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Similar
Pioneer, PXD
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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