Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Precision Drilling rated Strong Buy for stable EBITDA and growth amid energy demand shifts.

Analyst Insights
26 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Precision Drilling earns a Strong Buy rating due to its stable EBITDA near C$500 million and a market cap of C$1.01 billion. The company's vertically integrated model and focus on upgrading high-spec rigs help reduce operating costs and support sustainable reinvestment, with capital expenditures at 53% of EBITDA. Despite a general decline in industry rig counts, Precision Drilling increased its active rigs in Canada and the US, positioning itself well for rising LNG and AI-driven energy demand. Consistent cash flow, disciplined share buybacks, and attractive forward EBITDA multiples contribute to its appealing risk/reward profile.

More News

The Lemon Reps recover $3.2M for lemon law victims in 12 months with quick settlements.

The Lemon Reps recover $3.2M for lemon law victims in 12 months with quick settlements.

The Lemon Reps, a national lemon law firm based in Beverly Hills, has recovered over $3.2 million and resolved more than 1,500 defective vehicle cases in the past year. They report an average settlement time of about 90 days, helping consumers effici...

Market News
Bearish
1 hour ago
Nasdaq Closing Cross hits record $334B trading volume during June 2026 Russell US Index rebalancing.

Nasdaq Closing Cross hits record $334B trading volume during June 2026 Russell US Index rebalancing.

On June 26, 2026, the Nasdaq Closing Cross recorded a historic trading volume of 4.59 billion shares worth $334 billion in just 1.63 seconds during the semi-annual Russell US Index reconstitution. This event reflects shifts in market capitalization a...

Market News
Bullish
1 hour ago
AI/R Compass UOL named 2026 AWS Consulting Partner of the Year for Brazil

AI/R Compass UOL named 2026 AWS Consulting Partner of the Year for Brazil

AI/R Compass UOL, a subsidiary of AI/R specializing in Agentic AI, won the 2026 AWS Partner Network Award as Consulting Partner of the Year for Brazil. This award highlights the company's leadership in data engineering and complex infrastructure usin...

Market News
Bullish
2 hours ago
Top CIOs recognized at 2026 CapitalCIO ORBIE Awards for leadership and innovation in tech.

Top CIOs recognized at 2026 CapitalCIO ORBIE Awards for leadership and innovation in tech.

The 2026 CapitalCIO ORBIE Awards honored leading chief information officers from major organizations like Marriott International and NASA for their outstanding leadership and impact in technology. The event highlighted CIOs driving business transform...

Others
Neutral
3 hours ago
S&P SmallCap 600 updates include Gulfport Energy and Mobility Global additions, replacing Select Medical and Core Labs.

S&P SmallCap 600 updates include Gulfport Energy and Mobility Global additions, replacing Select Medical and Core Labs.

S&P Dow Jones Indices announced changes to the S&P SmallCap 600 index effective July 1 and 2, 2026. Gulfport Energy will replace Select Medical Holdings, which is being acquired, and Mobility Global will replace Core Laboratories, as it no longer fit...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App