Rig Upgrades In North America Will Boost Automated Drilling Efficiency

Published
11 Mar 25
Updated
08 Aug 25
AnalystConsensusTarget's Fair Value
CA$96.75
22.0% undervalued intrinsic discount
08 Aug
CA$75.42
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1Y
-21.1%
7D
0.8%

Author's Valuation

CA$96.8

22.0% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on04 Aug 25
Fair value Increased 5.59%

Precision Drilling has seen a notable improvement in profitability, with net profit margin more than doubling and the future P/E halving, supporting the upward revision of its consensus analyst price target from CA$91.62 to CA$96.75. What's in the News Precision Drilling completed the repurchase of 937,593 shares (6.79%) for CAD 70 million under its announced buyback program.

Shared on01 May 25
Fair value Decreased 1.64%

Shared on24 Apr 25
Fair value Increased 1.94%

AnalystConsensusTarget has decreased profit margin from 4.1% to 2.1% and increased future PE multiple from 19.0x to 34.5x.

Shared on17 Apr 25
Fair value Decreased 16%

Shared on09 Apr 25
Fair value Decreased 1.62%

AnalystConsensusTarget has decreased discount rate from 10.1% to 8.9%.

Shared on02 Apr 25
Fair value Decreased 0.76%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 2.77%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.