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.

Experts generally express optimism about Precision Drilling's prospects, especially in the context of rising oil prices and increasing demand in the sector. With forecasts suggesting a price increase of 5-10% leading into 2027, the company is positioned favorably as a well-run operation. One review highlights a significant rally possibly attributed to the sanctioning of LNG Canada, with the company achieving its debt reduction targets, now focusing on returning 50% of capital to shareholders. Additionally, with a projected 20% free cash flow yield next year, the strength of its operations is reflected in its plans to buy back 10% of its stock. While there is notable positive sentiment around natural gas growth in the US, one expert cautions that the timing may not yet be optimal for investing in services stocks despite the favorable spreadsheet projections.

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Consensus
Positive
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Valuation
Undervalued
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Similar
EnCana, ECA
BUY
Activity should pick up in drilling for gas. Valuations are low, compared to US companies.
DON'T BUY
Likes, but too high a valuation now.
BUY
Leader in drilling and is expanding.
STRONG BUY
Should do very well.
BUY ON WEAKNESS
Outlook is very good. Revenues are good. Use volatility to buy on DIPS>
BUY
When it reaches $67 sell.
DON'T BUY
Valuation is an issue. Good going up, but can drop fast. Risky.
TOP PICK
A lot of cash now and into the future. Good mngmnt.
TOP PICK
Cheap at 20 X earnings. Rigs fully booked.
BUY
Oil/gas have a lot of cash and will be doing a lot of drilling. Good acquisitions being made.
DON'T BUY
Has huge upside potential but doesn't expect it to meet it.
DON'T BUY
Doing a lot of business. At a high now. A volatile area
DON'T BUY
Have had a good run, but now is the time to take profits.
TOP PICK
Likes the oil sector service.
BUY
Really like and still has some upside potential. Oil companies will have to start new developments
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