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Precision Drilling ( (TSE:PD) ) just unveiled an update.
On October 22, 2025, Precision Drilling Corporation announced a change in its auditing firm from KPMG LLP to PricewaterhouseCoopers LLP. The decision, made after a tender process and approved by the Board of Directors, reflects a strategic move to ensure continued compliance and transparency in financial reporting. KPMG will complete its duties following the audit of the company’s 2025 financial statements, with no disagreements or issues reported during their tenure.
The most recent analyst rating on (TSE:PD) stock is a Buy with a C$74.00 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 Neutral.
Precision Drilling’s overall score reflects a stable financial position with some challenges, particularly in revenue and cash flow trends. The positive earnings call highlights strong operational performance and future growth prospects, which are offset by mixed technical indicators. The valuation suggests the stock is fairly priced, contributing to a moderate overall score.
To see Spark’s full report on TSE:PD stock, click here.
More about Precision Drilling
Precision Drilling Corporation operates in the oil and gas industry, providing drilling and related services to energy companies. The company focuses on delivering high-performance, reliable drilling solutions to its clients, positioning itself as a leader in the North American market.
Average Trading Volume: 76,100
Technical Sentiment Signal: Buy
Current Market Cap: C$1.08B
For detailed information about PD stock, go to TipRanks’ Stock Analysis page.