TSE:PD

Precision Drilling (PD.TO)

117.83
+1.83 (1.58%)
as of Jul 21, 2026, 2:51:28 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
Capital spending for oil/gas has improved. Should be good. Good cash flow.
DON'T BUY
Volatile. Depends on oil prices. Buy on weakness.
TOP PICK
Strong player with solid earnings. Expects demand for North American energy will grow.
DON'T BUY
BUY
Good price.
BUY
Well run. Summer is the weak period. A good long term hold.
DON'T BUY
Prefers their bonds instead.
BUY
Moving.
DON'T BUY
A little high.
WEAK BUY
Great company. Near term may be vulnerable, but good for a 3/5 year horizon.
BUY
Not a short term buy, but could be a $60/70 in 18/24 months.
TOP PICK
Energy prices should rise. Has good earnings.
WEAK BUY
Struggling because of low oil prices. Long term is positive.
PAST TOP PICK
(Was a top pick on Nov 20 up 18%) Still likes.
TOP PICK
Expects commodity prices will go up. A solid company.
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