TSE:PD

Precision Drilling (PD.TO)

124.26
-3.17 (2.49%)
as of Sep 4, 2026, 3:17:34 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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Similar
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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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