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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.


TSX:PD - Post by User

Bullboard Posts
Post by RichyRich$on Dec 15, 2014 4:21pm
275 Views
Post# 23232669

Sold Gold Mining... In Precision Drilling Now

Sold Gold Mining... In Precision Drilling NowI'm sick of the volatility with gold mining and most of them have negative EPS. At least PD has positive earnings, an attractive P/E of 8.5, and the price to book is only .72. I was thinking what Warren Buffett would do and it became clear as helll that he would choose an attractive P/E over negative earnings! He doesn't like gold regardless. But at least oil's an essential product and Precision’s services necessary. Many believe oil dropped more due to technical reasons and this price not reflecting the true fundamentals. How long do you guys think until PD hits double digits again? Many analysts were saying it was a steal at $9.00 just a month ago.
Bullboard Posts