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.

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TSX:PD - Post Discussion

Precision Drilling Corp > Eric Nutall - BNN - PAST TOP PICK

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Post by Possibleidiot01 on Nov 21, 2024 2:45pm

Eric Nutall - BNN - PAST TOP PICK

PAST TOP PICK

(A Top Pick Nov 22/23, Up 20%)

Remember to buy a sector when it looks terrible, not when it's up 80-90% ;)

Still likes it but not as much, as drilling is weaker than thought. Selloff in oil, drop in rig count. More efficient drilling ultimately means less work. Continues to de-lever. Everyone's excited about natural gas. Massive exposure to nat gas in Canada, which has better dynamics than US. About a 3.7% weight for him.

oil / gas field services

N/A