Precision Drilling (PDS)

• Market cap: $760M
• 1 day: -0.70%
• 5 days: 5.20%
• 1 month: 9.29%
• 3 months: 32.76%
• 6 months: 9.27%
• Year to date: -9.95%
• 1 year: -23.42%
• 5 years: 283.85%
• 10 years: -29.86%
• Sector: Energy
• Industry: Oil & Gas Drilling

About: Precision Drilling Corp is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.

Employees: 5,504

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

3% less capital invested

Capital invested by funds: $262M [Q1] → $253M (-$8.98M) [Q2]

4.64% less ownership

Funds ownership: 44.51% [Q1] → 39.87% (-4.64%) [Q2]

11% less funds holding

Funds holding: 118 [Q1] → 105 (-13) [Q2]

34% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 29

44% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 45

60% less call options, than puts

Call options by funds: $3.7M | Put options by funds: $9.21M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $74 30% upside
• Avg. target: $87 53% upside
• High target: $100 76% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Piper Sandler Derek Podhaizer	30% upside $74	Overweight Maintained	14 Aug 2025
RBC Capital Keith Mackey	76% upside $100	Outperform Maintained	31 Jul 2025