RE:RE:Eric Nuttall TOP PICK
Precision Drilling(PD-T)
22/04/2024
He prefers drilling to pumping because the former has far fewer competitors and pricing has been firm amid weak nat gas prices. The Canadian market is much stronger than the U.S. It boasts 31% free cash flow yield in 2025, and they will return 30-40% of that. Will hit their debt targets. he owns nearly 10% of the company. The outlook for LNG is positive. He sees 137% upside.
(Analysts’ price target is $124.11)
Oil / Gas Field Services
Eric Nuttall
$90.240
Owned