TSE:PD

Precision Drilling (PD.TO)

117.94
+1.94 (1.67%)
as of Jul 21, 2026, 3:01:09 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
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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