683

Precision Drilling (PD-T)

ON STOCKCHASE SINCE Oct 2000

Drilling Equip

oil/gas field services

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Precision Drilling
PD-T

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Signal	Opinion	Expert
WATCH	Precision Drilling(PD-T) February 4, 2019 He did a bit of tax loss selling in this sector. You can see that the $3 level is going to be problematic. It touched it in 2017 and a couple of times in 2018. It will bring in more sellers as it gets closer to that level. It is going to try to revisit the $2.26 low. If it gets through $3 it may get to $5. oil/gas field services 0 0 0 0 0 0 comments	He did a bit of tax loss selling in this sector. You can see that the $3 level is going to be problematic. It touched it in 2017 and a couple of times in 2018. It will bring in more sellers as it gets closer to that level. It is going to try to revisit the $2.26 low. If it gets through $3 it may get to $5. oil/gas field services 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $2.790 Owned Unknown

COMMENT	Precision Drilling(PD-T) January 23, 2019 All the drillers have under performed. This is probably a good entry point -- around 5 year lows. He does not love the sector, but the risk reward is enticing. He owns PD-T right now instead. He would recommend taking money off the table if the stock price strengthens due to the volatility of the energy sector. oil/gas field services 0 0 0 0 0 0 comments	All the drillers have under performed. This is probably a good entry point -- around 5 year lows. He does not love the sector, but the risk reward is enticing. He owns PD-T right now instead. He would recommend taking money off the table if the stock price strengthens due to the volatility of the energy sector. oil/gas field services 0 0 0 0 0 0 comments Peter Imhof Vice Presi, AGF Investments Inc... Price $2.600 Owned _N/A
COMMENT	Precision Drilling(PD-T) January 21, 2019 It's been in a tough sector for the last couple of years. If you are going to buy these things you should look at it as a trade instead of an investment. You can get a reasonable trade out of some of these stocks. Until we get the pipe and we can sell stuff how much drilling can we do. oil/gas field services 0 0 0 0 0 0 comments	It's been in a tough sector for the last couple of years. If you are going to buy these things you should look at it as a trade instead of an investment. You can get a reasonable trade out of some of these stocks. Until we get the pipe and we can sell stuff how much drilling can we do. oil/gas field services 0 0 0 0 0 0 comments Rick Stuchberry Portfolio , Wellington-Altus Pri... Price $2.820 Owned Unknown
WAIT	Precision Drilling(PD-T) December 18, 2018 PD has done relatively well, considering the drillers have been hammered in this sell-off. Need to see this hold at $2.80. There's been heavy tax-loss selling in oil. Don't step until January. See if resistance holds. oil/gas field services 0 0 0 0 0 0 comments	PD has done relatively well, considering the drillers have been hammered in this sell-off. Need to see this hold at $2.80. There's been heavy tax-loss selling in oil. Don't step until January. See if resistance holds. oil/gas field services 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $2.380 Owned Unknown
DON'T BUY	Precision Drilling(PD-T) December 17, 2018 He hoped they would merge with TDG.UN-T. He had TDG.UN-T on his action alert buy list. Now you have to decide what to do. PD-T is paying down debt but it is still high. The balance sheet is strained The stock price is now washed out enough that he is taking a little bit more positive view of this stock. oil/gas field services 0 0 0 0 0 0 comments	He hoped they would merge with TDG.UN-T. He had TDG.UN-T on his action alert buy list. Now you have to decide what to do. PD-T is paying down debt but it is still high. The balance sheet is strained The stock price is now washed out enough that he is taking a little bit more positive view of this stock. oil/gas field services 0 0 0 0 0 0 comments Josef Schachter President, Schachter Asset Mana... Price $2.450 Owned Unknown
DON'T BUY	Precision Drilling(PD-T) December 14, 2018 He has not held PD-T for quite a while. It has fallen below $3, which was his previous buy target. He sees the current tax loss selling impacting the entire sector and will create great opportunities. However, he thinks there are better opportunities in the E&P sector. He thinks it is cheap and you would make money, but he prefers other holdings. oil/gas field services 0 0 0 0 0 0 comments	He has not held PD-T for quite a while. It has fallen below $3, which was his previous buy target. He sees the current tax loss selling impacting the entire sector and will create great opportunities. However, he thinks there are better opportunities in the E&P sector. He thinks it is cheap and you would make money, but he prefers other holdings. oil/gas field services 0 0 0 0 0 0 comments Eric Nuttall Partner & , Ninepoint Partners... Price $2.510 Owned No
BUY	Precision Drilling(PD-T) November 16, 2018 Averaging down is not one of his favourite things, but in this case, he’s starting to like crude and nat gas. Yes, he’d put money in. The stock is cheap, nice selloff. Stock like this will benefit from a hold. (Analysts’ price target is $5.81) oil/gas field services 0 0 0 0 0 0 comments	Averaging down is not one of his favourite things, but in this case, he’s starting to like crude and nat gas. Yes, he’d put money in. The stock is cheap, nice selloff. Stock like this will benefit from a hold. (Analysts’ price target is $5.81) oil/gas field services 0 0 0 0 0 0 comments Elliott Fishman Director o, Trading Services Gro... Price $3.260 Owned Unknown
HOLD	Precision Drilling(PD-T) October 26, 2018 The stock has been hit lately. Their oeprations were doing well over the past few quarters. Then, PD announced they would buy Trinidad (during a market downturn), so their stock collapsed. He's trying to understand their rationale behind that announcement. Their last quarter was weak. Hold onto itnow. The stock could snap back if Ensign tops up their bid for Trinidad. Not sure what's going to happen. oil/gas field services 0 0 0 0 0 0 comments	The stock has been hit lately. Their oeprations were doing well over the past few quarters. Then, PD announced they would buy Trinidad (during a market downturn), so their stock collapsed. He's trying to understand their rationale behind that announcement. Their last quarter was weak. Hold onto itnow. The stock could snap back if Ensign tops up their bid for Trinidad. Not sure what's going to happen. oil/gas field services 0 0 0 0 0 0 comments Peter Imhof Vice Presi, AGF Investments Inc... Price $3.280 Owned Yes
BUY	Precision Drilling(PD-T) August 28, 2018 It's cheap. Buy it now, but it'll take time. No downside risk. oil/gas field services 0 0 0 0 0 0 comments	It's cheap. Buy it now, but it'll take time. No downside risk. oil/gas field services 0 0 0 0 0 0 comments Elliott Fishman Director o, Trading Services Gro... Price $5.210 Owned Unknown
DON'T BUY	Precision Drilling(PD-T) August 17, 2018 The company has recently gained traction as demand for their Tier I rigs has increased. He is challenged to see how utilization rates can go much higher. He would prefer to own Trican (TCW-T) instead at this point. oil/gas field services 0 0 0 0 0 0 comments	The company has recently gained traction as demand for their Tier I rigs has increased. He is challenged to see how utilization rates can go much higher. He would prefer to own Trican (TCW-T) instead at this point. oil/gas field services 0 0 0 0 0 0 comments Eric Nuttall Partner & , Ninepoint Partners... Price $4.830 Owned No
DON'T BUY	Precision Drilling(PD-T) August 13, 2018 Is the largest driller in Canada. Did very well in Q2 in US, but less so in Canada. Debt has gone up, so they have some balance sheet concerns. Has other names in this sector that may be better with higher growth potential and less balance sheet concerns. oil/gas field services 0 0 0 0 0 0 comments	Is the largest driller in Canada. Did very well in Q2 in US, but less so in Canada. Debt has gone up, so they have some balance sheet concerns. Has other names in this sector that may be better with higher growth potential and less balance sheet concerns. oil/gas field services 0 0 0 0 0 0 comments Josef Schachter President, Schachter Asset Mana... Price $4.820 Owned No
COMMENT	Precision Drilling(PD-T) August 13, 2018 Oil services stocks have suffered, but it's had an uptrend for the past 12 months. It's likely it'll hold at current levels and could rise above $5.40. The sector should move up. oil/gas field services 0 0 0 0 0 0 comments	Oil services stocks have suffered, but it's had an uptrend for the past 12 months. It's likely it'll hold at current levels and could rise above $5.40. The sector should move up. oil/gas field services 0 0 0 0 0 0 comments Hap (Robert) Sn Chief Port, Castlemoore Inc.... Price $4.820 Owned Unknown
TOP PICK	Precision Drilling(PD-T) August 10, 2018 He really likes the energy space and sees PD-T putting in good earnings going forward. They have 80 rigs in the US and 60 rigs in Canada. They have seen day rates go from $18,000 per day up to $25,000 per day recently. Margins continue to improve, costs are under control, and they are putting rigs back into service. E&P capex budgets are increasing in North America and with WTI being at $65-$80 he thinks companies will continue to spend. Management continues to build a strategy to lower the debt levels. Yield 0%. (Analysts’ price target is $6.04) oil/gas field services 0 0 0 0 0 0 comments	He really likes the energy space and sees PD-T putting in good earnings going forward. They have 80 rigs in the US and 60 rigs in Canada. They have seen day rates go from $18,000 per day up to $25,000 per day recently. Margins continue to improve, costs are under control, and they are putting rigs back into service. E&P capex budgets are increasing in North America and with WTI being at $65-$80 he thinks companies will continue to spend. Management continues to build a strategy to lower the debt levels. Yield 0%. (Analysts’ price target is $6.04) oil/gas field services 0 0 0 0 0 0 comments Mike Archibald Associate , AGF Investments... Price $4.860 Owned Yes
DON'T BUY	Precision Drilling(PD-T) July 20, 2018 Troubled by this stock. Is drilling going to become increasingly more expensive? He’s highly, highly cautious. If we leave the Paris Accord, there will be a huge reduction in oil and gas exploration. If this company has to rely on continued resource exploration to be profitable, he’d be really cautious. oil/gas field services 0 0 0 0 0 0 comments	Troubled by this stock. Is drilling going to become increasingly more expensive? He’s highly, highly cautious. If we leave the Paris Accord, there will be a huge reduction in oil and gas exploration. If this company has to rely on continued resource exploration to be profitable, he’d be really cautious. oil/gas field services 0 0 0 0 0 0 comments Tim Nash Financial , The Sustainable Econ... Price $4.800 Owned No
DON'T BUY	Precision Drilling(PD-T) June 18, 2018 It is a very good company. They have very high debt. The balance sheet is severely stressed. There are other names you can go to. oil/gas field services 0 0 0 0 0 0 comments	It is a very good company. They have very high debt. The balance sheet is severely stressed. There are other names you can go to. oil/gas field services 0 0 0 0 0 0 comments Josef Schachter President, Schachter Asset Mana... Price $4.240 Owned Unknown

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