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Stock SymbolPrecision Drilling (PD-T)
Source of InformationMarket Call (BNN TV)
T.V. Program Date2017-03-17

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.)

Price (as of program date)$6.140
Implied Signal
$ Goal
ExpertMichael Sprung
Expert's BiasCAUTIOUS
Own or RelationshipYes