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
0
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
DON'T BUY
Outlook is positive. May be a time to take a profit
DON'T BUY
Had a great run, but probably at its high now.
BUY
Expects oil drillers to continue showing high numbers
DON'T BUY
Cyclical. Now a little high. But if oil/gas prices remain high, could have some growth
BUY
Growth will continue. Should be a good year
DON'T BUY
Oil companies now have a lot of cash & will be spending on drilling but have already reached their level
STRONG BUY
Earnings lower than expected (wet season) At a good level, but prefers Ensign
STRONG BUY
Good quality company. Should be lots of upside.
DON'T BUY
Oil SERVICE stocks very volatile. Good news already in and only a little upside
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