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
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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