Precision Drilling (PD.TO)
Investor Insights
Jun 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.
Precision Drilling (PD.TO) Frequently Asked Questions
What is Precision Drilling stock symbol?
Precision Drilling is a Canadian stock, trading under the symbol PD.TO (previously PD-T on Stockchase) on the Toronto Stock Exchange (PD-CT). It is usually referred to as TSX:PD or PD.TO
Is Precision Drilling a buy or a sell?
In the last year, 2 stock analysts published opinions about PD.TO (previously PD-T on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Precision Drilling.
Is Precision Drilling a good investment or a top pick?
Precision Drilling was recommended as a Top Pick by Ross Healy on 2001-02-12. Read the latest stock experts ratings for Precision Drilling.
Why is Precision Drilling stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Precision Drilling worth watching?
2 stock analysts on Stockchase covered Precision Drilling in the last year. It is a trending stock that is worth watching.
What is Precision Drilling stock price?
On 2026-06-05, Precision Drilling (PD.TO) stock closed at a price of $129.84.