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
valuation icon
Valuation
Undervalued
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Similar
SLB
TOP PICK
A good sector to be in. Bargain basement price.
BUY
Probably near its bottom. Has good drilling technology.
TOP PICK
A good balance sheet and price is very good now.
BUY
Stock is cheap.
STRONG BUY
Good takeover candidate.
BUY
Good stock. Will still make money.
WAIT
Well managed company. Good sector. May have a bit of a pullback in the short term.
STRONG BUY
Buy under $40. Good price.
WAIT
There has been a big pull back in oil/gas service providers. No trend yet.
DON'T BUY
If economy doesn't turn around, it will stay down.
BUY
Can be volatile. Is buying under $40. Good company.
DON'T BUY
Dropping with oil. Well run company. Wait for oil to settle.
BUY
Doesn't follow closely, but should do very well with an increase in exploration.
BUY
Service stocks have had a huge pull back. At a good price. Will go up.
BUY
Volatile. Trading at 10 X earnings which is very cheap.
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