PRECISION DRILLING CORP

PRECISION DRILLING CORP

Precision Drilling Corporation (PDS) is a North American contract drilling and oilfield services company, primarily operating land drilling rigs and related services. With a market capitalisation around $720.34M, the business earns revenue from drilling contracts and complementary field services. Investors should know Precision’s performance is closely tied to oil and gas activity, utilisation rates and commodity prices; higher rig demand typically supports revenue and margins, while downturns can pressure cash flow. The company operates in a capital‑intensive, operationally complex industry where fleet age, technological capability and safety record matter. Key considerations for investors include fleet utilisation, dayrates, balance‑sheet strength and exposure to regulatory or environmental changes. Precision can offer leverage to energy-sector recovery but carries cyclical and execution risks. This summary is educational only and not personalised advice — values can fall as well as rise, and prospective investors should review recent financials and their own risk tolerance before acting.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Precision Drilling's stock with a target price of $98.68, indicating strong growth potential.

Above Average

Financial Health

Precision Drilling is producing solid revenue and cash flow, indicating strong operational performance.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring PDS

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Canada's New Energy Alliance

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Beyond The Barrel: The Production Playbook

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Powering Production: The Oil Services Surge

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Published: August 1, 2025

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Tapping Venezuela's Oil Reserves

Tapping Venezuela's Oil Reserves

The U.S. government has authorized Chevron to resume oil production in Venezuela, creating a potential investment opportunity. This could drive demand for oilfield services and infrastructure companies needed to restart and expand operations.

Published: July 27, 2025

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Natural Gas Drilling Revival Play

Natural Gas Drilling Revival Play

A carefully selected group of stocks poised to benefit from the recent upturn in U.S. natural gas drilling activity. Our professional analysts have identified companies across the entire natural gas value chain that could see improved performance as drilling rebounds for the first time in twelve weeks.

Published: July 20, 2025

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Why You’ll Want to Watch This Stock

📈

Cyclicality and Oil Prices

Revenue and margins often move with oil and gas prices and rig demand, so monitoring commodity trends helps gauge potential upside and downside.

Operational Efficiency Focus

Fleet age, technological capability and utilisation affect competitiveness and costs, though execution risks and maintenance needs can influence results.

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North America Exposure

Most activity is centred in North America, so regional capital spending and regulatory changes have outsized impact, while diversification may reduce local risk.

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