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Precision Drilling ( (TSE:PD) ) has issued an update.
On October 6, 2025, Precision Drilling Corporation announced a major leadership change as part of its succession plan. Carey Ford has been appointed as the new President and CEO, succeeding Kevin Neveu, who retired after serving since 2007. The company also appointed Gene Stahl as Chief Operating Officer and Dustin Honing as Chief Financial Officer, signaling a strategic shift in its executive team.
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 Outperform.
Precision Drilling’s overall stock score reflects a stable financial position with positive technical indicators and a strong earnings call. The company’s operational efficiency and improved leverage management are significant strengths, while challenges in revenue growth and cash flow management present risks. The positive market momentum and reasonable valuation further support the stock’s attractiveness.
To see Spark’s full report on TSE:PD stock, click here.
More about Precision Drilling
Precision Drilling Corporation operates in the energy sector, providing drilling services primarily for oil and gas companies. The company focuses on delivering high-performance drilling solutions and has a significant presence in North America.
Average Trading Volume: 77,429
Technical Sentiment Signal: Buy
Current Market Cap: C$1.09B
See more insights into PD stock on TipRanks’ Stock Analysis page.