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
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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
STRONG BUY
Natural gas reserves are still declining and demand is growing.
BUY
Drilling has grown substantially in the last while and should continue.
BUY
Drilling should pick up.
BUY
Good company. Expanding internationally. Good price.
TOP PICK
(Was a top pick on July 2. Down 11.5%)
PAST TOP PICK
(Was a top pick on July 3. Down 6%) Still likes. Great management.
BUY ON WEAKNESS
TOP PICK
There will be a strong demand for drilling very soon. Growing globally. Cheap.
BUY
Expects gas prices will pick up.
BUY ON WEAKNESS
Would buy in the $40 range. Strong balance sheet.
TOP PICK
Now has an international exposure. Good long term.
TOP PICK
Should benefit from oil/gas recovery. Good price.
TOP PICK
(Was a top pick on May 30. Down 6.8%) Likes the energy sector.
BUY ON WEAKNESS
Top quality. Expects good growth. Buy on weakness.
TOP PICK
(Was a top pick on Feb 18. Up 43%) Shifting into international play. Good management.
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