Precision Drilling Announces 2025 Shareholder Meeting Results

An announcement from Precision Drilling ( (TSE:PD) ) is now available.

On May 15, 2025, Precision Drilling Corporation announced the voting results from its 2025 Annual and Special Meeting of Shareholders. All eight nominee directors, seven of whom are independent, were elected with strong support from shareholders. Additionally, all other items of business, including a non-binding advisory vote on executive compensation, were approved. The results reflect shareholder confidence in the company’s leadership and strategic direction.

The most recent analyst rating on (TSE:PD) stock is a Buy with a C$125.00 price target. To see the full list of analyst forecasts on Precision Drilling stock, see the TSE:PD Stock Forecast page.

Spark’s Take on TSE:PD Stock

According to Spark, TipRanks’ AI Analyst, TSE:PD is a Outperform.

Precision Drilling is well-positioned with strong financial metrics and an undervalued stock relative to its P/E ratio. However, inconsistent revenue growth and recent operational challenges temper the outlook. The mixed sentiment from the earnings call reflects both strategic progress and ongoing challenges, resulting in a moderate overall score.

To see Spark’s full report on TSE:PD stock, click here.

More about Precision Drilling

Precision Drilling Corporation is a leading provider of high-performance, high-value services to the energy industry. The company offers an extensive fleet of Super Series drilling rigs and has developed a digital technology portfolio called Alpha, which utilizes advanced automation software and analytics. Precision is committed to reducing the environmental impact of its operations through its EverGreen suite of environmental solutions. The company also provides well service rigs, camps, and rental equipment, supported by technical support services and skilled personnel. Precision is headquartered in Calgary, Alberta, Canada, and is listed on the Toronto Stock Exchange and the New York Stock Exchange.

Average Trading Volume: 152,748

Technical Sentiment Signal: Sell

Current Market Cap: C$865.5M

For an in-depth examination of PD stock, go to TipRanks’ Stock Analysis page.