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
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BUY
Should take off. 9/10 X next years earnings.
WAIT
Volatile. Could be OK in next 2/3 months. Depends on oil prices.
DON'T BUY
Will stay down with oil prices.
SHORT
Views this stock as a short. Will lag the oil sector. When oil starts to move, then go long.
PAST TOP PICK
(Was a top pick on Nov 20 up 11.5%) There could be a cyclical dip. Buy when oil/gas starts to recover.
DON'T BUY
Will have a slower season this year.
BUY
Got hit with low oil prices. Good company. Will be volatile with oil/gas prices.
DON'T BUY
Drilling will slow down.
BUY
A premier company and at a good price.
DON'T BUY
Due to oil prices, will have a decline in activity, so will drop for the next 6 months.
DON'T BUY
Expects a pick up, but wait to see what happens to oil.
BUY
A decent entry price. If oil goes up, it could double.
BUY ON WEAKNESS
OK for a long term hold. Temporarily will go down further.
STRONG BUY
Going through a period of negative earnings. A good buying opportunity.
DON'T BUY
Expects oil will stay weak. Too high now.
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