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Bullboard - Stock Discussion Forum Precision Drilling Corp T.PD

Alternate Symbol(s):  PDS

Energy Oil & Gas Drilling
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.

TSX:PD - Post Discussion

Precision Drilling Corp > Adnoc Drilling IPO valued at $10B with only 96 rigs
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Post by PreludeSH on Oct 04, 2021 4:03pm

Adnoc Drilling IPO valued at $10B with only 96 rigs

https://www.bloomberg.com/news/articles/2021-10-03/adnoc-drilling-surges-in-strong-debut-for-biggest-abu-dhabi-ipo

I think this goes to show how undervalued Precision Drilling is...PD has 227 rigs vs Adnoc's 96...but Adnoc's IPO values it at $10B vs PD's current market value of $800M.
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