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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.

TSX:PD - Post Discussion

Precision Drilling Corp > Western Energy Services
View:
Post by GoodMonkey on Mar 10, 2022 11:14am

Western Energy Services

while PD has been performing extremely well WRG has been flying under the radar and it could be a 10 bagger when the market wakes up.  WRG used to trade around $10 when price of oil was this high.
Comment by godfather34 on Mar 13, 2022 2:20pm
Not likely. WRG has been devastated with years of no capital investment in maintaining their equipment, so customers are likely to choose a rig that doesn't need much capital to get going. Furthermore there would have been significant harvesting of parts to keep the few they had running. WRG, I'd expect to continue to limp along and eventually declare bankruptcy. I'd hate to invest any ...more  
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