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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

Post by drunk@noonon Jan 01, 2024 1:07pm
156 Views
Post# 35806108

LNG start up will be a cash cow for cdn oil services. My

LNG start up will be a cash cow for cdn oil services. My concern is this is canada, and therefore I think people are being far too optimistic when they are talking about commercial shippments starting to effect gas demand at any time in 2024. The time table stated by mananagement is middle of the decade, and they talk about 85% complete currently. Seems to me considering the number of years they've already been at it, 15% will take awhile.  On top of that, who  knows how many road blocks/ delays the green/ woke/ trudeau loving S-heads, natives/ and marxist courts will come up with.<br /> I find forecasts of meaningful lng pipe-filling in the first half of 2024 as nothing but a fairy-tale
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