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Precision Drilling (PD-T) opinion on 2017-03-17

Last Price Recorded: 3.4300 on 2017-11-16

ON STOCKCHASE SINCE Oct 2000

oil/gas field services
TOP PICK

Michael Sprung
Precision Drilling was $6.140 at time of opinion
Owned : Yes

Has gone through a very difficult environment, but he likes what management has done in that environment. This is Canada’s largest tier #1 contract driven company, with growing operations in the Middle East. They’ve spent a fortune in technology in upgrading equipment, and now we are beginning to hear that contracts are being renewed for longer periods and day rates are firming up a little. It has a lot of leverage to an improving environment. (Analysts’ price target is $9.)

CAUTIOUS

All opinions for PD-T (648)

177 BUY
31 BUY on WEAKNESS
70 COMMENT
118 DON'T BUY
57 HOLD
3 PARTIAL SELL
34 PAST TOP PICK
11 SELL
1 SHORT
2 SPECULATIVE BUY
10 STRONG BUY
75 TOP PICK
3 VAGUE
32 WAIT
8 WATCH
16 WEAK BUY
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All opinions for PD-T (648)

177 BUY
31 BUY on WEAKNESS
70 COMMENT
118 DON'T BUY
57 HOLD
3 PARTIAL SELL
34 PAST TOP PICK
11 SELL
1 SHORT
2 SPECULATIVE BUY
10 STRONG BUY
75 TOP PICK
3 VAGUE
32 WAIT
8 WATCH
16 WEAK BUY
View All

More experts covering PD-T

SAVE
Add PD-T to Watch List

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