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Precision Drilling ( (TSE:PD) ) has shared an update.
On October 6, 2025, Precision Drilling Corporation announced the appointment of Carey Ford as President and CEO, succeeding Kevin Neveu, who retired after 18 years with the company. Ford, who has been with Precision since 2011 and served as CFO since 2016, is expected to lead the company into its next growth phase. The Board also appointed Gene Stahl as COO and Dustin Honing as CFO, reinforcing a strong leadership team to continue advancing Precision’s technology-driven strategy and sustainable value delivery.
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 is a leading provider in the energy industry, offering high-performance, environmentally responsible drilling services. The company is known for its extensive fleet of Super Series drilling rigs and its industry-leading digital technology portfolio, Alpha, which enhances efficiency and predictability. Precision also offers well service rigs, camps, rental equipment, and environmental solutions under its EverGreen suite, all supported by skilled personnel.
YTD Price Performance: -10.80%
Average Trading Volume: 77,243
Technical Sentiment Signal: Buy
Current Market Cap: C$1.11B
For detailed information about PD stock, go to TipRanks’ Stock Analysis page.