Precision Drilling is attractively priced at a forward P/E of 10.5x with a Piotroski F-Score of 9/9 and strong technical positioning, but below-average business quality and 3 earnings misses in the last 4 quarters create a risk profile that exceeds the available upside at current prices.
Thesis pillars
- Deep Value Energy Driller↑Improving
- Piotroski Balance Sheet Strength↑Improving
- Earnings Miss Pattern↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026· older than 90 days
Precision Drilling Corporation (PDS) Stock Analysis
Breakout setup · Inst Constrain edge
Energy · Oil & Gas Drilling
Sell if holding. Engine safety override at $91.53: Quality below floor (3.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10. Specifically: Elevated put/call ratio: 1.40; Below-average business quality.
Precision Drilling Corporation, a drilling company, provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services;... Read more
Sell if holding. Engine safety override at $91.53: Quality below floor (3.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10. Specifically: Elevated put/call ratio: 1.40; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Score 5.8/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 104d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated Nov 3, 2026Recent Developments — Precision Drilling Corporation
Latest news
- NEWS Piper Sandler Maintains Overweight on Precision Drilling, Raises Price Target to $115 — benzinga Nov 3, 2026 positive
- NEWS UPDATE: Precision Drilling Q3 EPS $1.18 Misses $1.24 Estimate, Sales $379.918M Miss $380.200M Estimate — benzinga Oct 28, 2026 negative
- NEWS Reported Earlier, Precision Drilling Q3 EPS $1.18 Misses $1.24 Estimate, Sales $379.918M Miss $380.200M Estimate — benzinga Oct 28, 2026 negative
- NEWS Precision Drilling Q1 2026 earnings preview - MSN — MSN Apr 29, 2026 neutral
- NEWS PDS Ltd Opens 7.76% Higher in Sharp Gap Up, But Can the Technicals Support It? - Markets Mojo — Markets Mojo Apr 27, 2026 positive
Latest item Nov 3, 2026 · Generated 2026-11-05T11:44:08Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $91.53: Quality below floor (3.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10. Specifically: Elevated put/call ratio: 1.40; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Prior stop was $85.12. Score 5.8/10, moderate confidence.
Analyst target $88.58 reached (−3.2% from $91.53); no take-profit level is published. Prior stop was $85.12. Stop-loss: $85.12.
Target reached (-3.2% upside); Quality below floor (3.3 < 4.0).
Precision Drilling Corporation trades at a P/E of N/A (forward 10.0). TrendMatrix value score: 8.5/10. Verdict: Sell.
18 analysts rate PDS, with a consensus score of 4.1/5. 3 analysts publish price targets averaging $104.
What does Precision Drilling Corporation do?Precision Drilling Corporation, a drilling company, provides onshore drilling services to exploration and production...
Precision Drilling Corporation, a drilling company, provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil, natural gas, and geothermal industry. This segment also offers services, including turnkey drilling contracts; and procurement and distribution of oilfield supplies, as well as manufacture, sale, and repair of drilling and service rig equipment. In addition, the company offers automation solutions for drilling operations comprising AlphaAutomation, AlphaTM, AlphaApps, AlphaAnalytics, and AlphaARMS; and EverGreen suite of environmental solutions. The Completion and Production Services segment provide service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment also operates well completion and workover services. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.