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Bullboard - Stock Discussion Forum Precision Drilling Corp T.PD

Alternate Symbol(s):  PDS

Precision Drilling Inc is a Canada-based drilling company. The Company is engaged in the exploration and production of oil and natural gas. Its services include North American drilling, international drilling, oilfield equipment rentals, camp & catering services. The Company technology includes AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen.

Bullboard (TSX:PD)

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Post by bonjovi501on Oct 29, 2020 3:53pm

Sell...Sell....Sell....

these reverse splits always head lower after they do them. Sell now and buyback at a lot cheaper price. About 9 out of 10 times the share prices erodes after a reverse split. Any bets??
Post by EstevanOutsideron Oct 28, 2020 3:01am

Big insider dump filed today by CTO

Mr Goraya sold 32,000 shares in several tranches, as per Sedi filing today. Date was Oct 23.
Post by Possibleidiot01on Oct 16, 2020 4:31pm

Eric Nuttall on BNN

Has it as a top pick dependent on increased drilling and $50 oil. In the meantime cash flow positive. PRECISION DRILLING (PD TSX) Precision Drilling has had to operate in the worst possible ...more  
Post by stockfyon Aug 23, 2020 10:53am

The $25 Myth and the Sword of Damocles (Article, new link)

Some said that the previous link does not work. So here is the new link for this factual educational article regarding the $25 myth and the indebted companies that have gone broke from Seeking Alpha ...more  
Comment by horseplayon Aug 23, 2020 10:49am

RE:RE:Precision Drilling Announces Renewal of Share Buyback Progra

Executives want voting control so they can keep themselves and friends employed whilst running this potential money maker into the ground.
Post by stockfyon Aug 23, 2020 2:26am

The Sword of Damocles (ARTICLE)

Factual educational article regarding the $25 myth and the indebted companies that have gone broke from Seeking Alpha: https://seekingalpha.com/instablog/526931-value-digger/5482923-25-myth-sword-of ...more  
Comment by stockfyon Aug 23, 2020 2:23am

RE:RE:Precision Drilling Announces Renewal of Share Buyback Progra

Do you really feel comfortable with PD's leverage at almost 5 times? Let's be honest.
Comment by stockfyon Aug 23, 2020 2:22am

RE:Precision Drilling Announces Renewal of Share Buyback Progra

it does not make sense to me. PD's leverage is high and stands at about 5 times. Debt is about $1.5 billion, so PD has to reduce its debt. Buying back shares does not make sense.
Comment by Torontojayon Jul 24, 2020 8:30am

RE:RE:RE:Q2 financials out

  Total Energy ceo compensation is much lower than ceo of Precision drilling. This is true even if we adjust compensation relative to the companies' revenue streams. 
Comment by horseplayon Jul 23, 2020 9:13am

RE:RE:Q2 financials out

They could have another $20 to $30 million in cash flow if they would cut the board in half and package out the overpaid top positions. Should have promoted within for top management at half the price ...more  
Comment by Possibleidiot01on Jul 23, 2020 7:32am

RE:Q2 financials out

I would agree. Looks surprisingly good despite another big hit on revenues.
Post by Smitty2000on Jul 15, 2020 12:27pm

great stock to trade

precision drilling is a great trading stock. if you buy around here and sell anywhere over $1. Im still a believer tht oil will be heading up higher once the worlds economies open up more
Post by BePatient4nowon Jul 13, 2020 7:51pm

Breaking News, Happening Now!!!

PD.TO is one of Canadiens most promising energy stock this year. Best to you all!!!
Comment by horseplayon Jun 30, 2020 8:07pm

RE:buy it under $1

Ahhh, nope Precision is one of the worst. The executives let all the wrong staff go during covid. They kept overpaid, underworked management and let the hard working, dedicated grunts go ...more  
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