Precision Drilling Stock Forecast for 2023 - 2025 - 2030

Updated on 04/22/2024

Stock Rating
12
Price Target
C$126.00
Consensus
Outperform
Upside
39.63%
Analysts
7
Stock Rating
12
Upside
39.63%
Analysts
7
Price Target
C$126.00

Precision Drilling Stock Forecast and Price Target

The average price target of C$126.00 for Precision Drilling's stock set by seven distinguished analysts in recent weeks would represent a potential upside of approximately 39.63% from the last closing price in April, 2024 if reached by the end of the year. This potential increase is based on a high estimate of C$135.00 and a low estimate of C$115.00. Even if you are not interested in PD stock, it is still crucial to be aware of its competitors.

C$126.00

39.63% Upside

Outperform
Outperform

Precision Drilling Fair Value Forecast for 2023 - 2025 - 2030

Precision Drilling's Price has seen impressive growth In the last four years, rising from C$0.00 to C$0.00 – a growth of 100.00%. In the next year, analysts believe that Fair Value will reach C$96.05 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
C$96.05
2025 Fair Value Forecast
C$105.04
2026 Fair Value Forecast
C$114.87
2027 Fair Value Forecast
C$125.63
2028 Fair Value Forecast
C$137.39
2029 Fair Value Forecast
C$150.24
2030 Fair Value Forecast
C$164.31
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FTI Stock Forecast TechnipFMC Outperform 18
$25.38 Buy/Sell $24.79 8.35%
CLH Stock Forecast Clean Harbors Outperform 16
$195.45 Buy/Sell $184.89 10.26%
ENSG Stock Forecast The Ensign Group Outperform 18
$117.23 Buy/Sell $119.25 13.45%
NOV Stock Forecast National Oilwell Varco Inc Outperform 9
$18.59 Buy/Sell $25.13 29.10%
KEX Stock Forecast Kirby Buy 14
$99.14 Buy/Sell $99.20 19.02%

Precision Drilling Revenue Forecast for 2023 - 2025 - 2030

Precision Drilling's Revenue has seen impressive growth In the last three years, rising from C$935.75M to C$1.94B – a growth of 107.09%. In the next year, analysts believe that Revenue will reach C$2.19B – an increase of 13.04%. For the next seven years, the forecast is for Revenue to grow by 15.17%.

2024 Rev Forecast
C$2.19B
2025 Rev Forecast
C$2.30B
2026 Rev Forecast
C$2.36B
2027 Rev Forecast
C$2.00B
2028 Rev Forecast
C$2.07B
2029 Rev Forecast
C$2.15B
2030 Rev Forecast
C$2.23B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
PTEN Stock Forecast Patterson-UTI Energy Outperform 10
$11.34 Buy/Sell $16.25 41.09%
SM Stock Forecast SM Energy Outperform 11
$48.85 Buy/Sell $47.38 10.54%
TDW Stock Forecast Tidewater Buy 7
$89.26 Buy/Sell $79.40 3.63%

Precision Drilling Dividend per Share Forecast for 2023 - 2025 - 2030

Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HP Stock Forecast Helmerich & Payne Hold 13
$41.23 Buy/Sell $44.33 11.57%
RIG Stock Forecast Transocean Outperform 10
$5.81 Buy/Sell $8.59 20.48%
LBRT Stock Forecast Liberty Energy Outperform 13
$22.12 Buy/Sell $23.37 17.54%

Precision Drilling Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
C$0.32B
2025 FCF Forecast
C$0.35B
2026 FCF Forecast
C$0.31B
2027 FCF Forecast
C$0.28B
2028 FCF Forecast
C$0.26B
2029 FCF Forecast
C$0.29B
2030 FCF Forecast
C$0.30B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SPM Stock Forecast Saipem SpA Outperform 7
2.22€ Buy/Sell 2.24€ 26.13%
AROC Stock Forecast Archrock Outperform 16
$19.50 Buy/Sell $17.25 7.69%
GPOR Stock Forecast Gulfport Energy Outperform 10
$155.82 Buy/Sell $158.13 18.73%

Precision Drilling EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Precision Drilling's EBITDA has seen an increase, rising from C$244.08M to C$605.53M. This represents a growth of 148.09%. Analysts predict that Precision Drilling's EBITDA will increase in the upcoming year, reaching C$677.90M. This would represent an increase of 11.95%. Over the next seven years, experts predict that Precision Drilling's EBITDA will grow at a rate of 6.04%.

2024 EBITDA Forecast
C$0.68B
2025 EBITDA Forecast
C$0.72B
2026 EBITDA Forecast
C$0.74B
2027 EBITDA Forecast
C$0.55B
2028 EBITDA Forecast
C$0.52B
2029 EBITDA Forecast
C$0.59B
2030 EBITDA Forecast
C$0.64B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
OII Stock Forecast Oceaneering International Outperform 10
$22.63 Buy/Sell $25.83 6.05%
VTLE Stock Forecast Vital Energy Outperform 12
$54.57 Buy/Sell $72.42 15.45%
HLX Stock Forecast Helix Energy Solutions Group Buy 10
$10.84 Buy/Sell $15.00 38.38%

Precision Drilling EBIT Forecast for 2023 - 2025 - 2030

Precision Drilling's EBIT has seen growth In the last three years, going from C$-60.86M to C$307.97M – a gain of 606.03% In the next year, analysts believe that EBIT will reach C$370.78M – an increase of 20.39%. For the next seven years, the forecast is forEBIT to grow by 10.31%.

2024 EBIT Forecast
C$0.37B
2025 EBIT Forecast
C$0.42B
2026 EBIT Forecast
C$0.37B
2027 EBIT Forecast
C$0.28B
2028 EBIT Forecast
C$0.27B
2029 EBIT Forecast
C$0.32B
2030 EBIT Forecast
C$0.34B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NBR Stock Forecast Nabors Industries Hold 12
$76.00 Buy/Sell $120.60 38.16%
VTOL Stock Forecast Bristow Group Buy 9
$25.10 Buy/Sell $39.50 55.38%
TK Stock Forecast Teekay - 12
$8.36 Buy/Sell $0.00 -100.00%

Precision Drilling EPS Price Prediction Forecast for 2023 - 2025 - 2030

Precision Drilling's EPS has seen impressive growth In the last four years, rising from C$-7.44 to C$0.00 – a growth of 100.00%. In the next year, analysts believe that EPS will reach C$14.92 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
C$14.92
2025 EPS Forecast
C$17.47
2026 EPS Forecast
C$17.12
2027 EPS Forecast
C$19.60
2028 EPS Forecast
C$18.94
2029 EPS Forecast
C$18.49
2030 EPS Forecast
C$18.07
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
TTI Stock Forecast TETRA Technologies Buy 10
$4.42 Buy/Sell $7.80 69.68%
OSG Stock Forecast Overseas Shipholding Group - 8
$6.03 Buy/Sell $13.00 -100.00%
BDI Stock Forecast Black Diamond Group Buy 13
C$8.79 Buy/Sell C$11.33 36.52%