Energy Prospectus

Precision Drilling -9.2% as Alberta Investment Mgt. sells 56M shares • 11:43 AM

•Precision Drilling (PDS -9.2%) plunges as Alberta Investment Management Co. sells its entire 56M-share position in PDS via an overnight marketed transaction.
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aim was the largest holder of pds, which would indicate maybe board places. that makes this smell of an internal issue? anybody have any comments on same?

Precision Drilling Raised to Sector Outperform From Sector Perform by Scotia >PD.T 12/06 08:00 AM

i think pds is a screaming buy here
jim

Precision Drilling +4.3%, recouping some losses after two upgrades • 11:56 AM

Precision Drilling (PDS +4.3%) recovers nearly half of yesterday's steep loss, as Jefferies and Raymond James issue support for the stock.
Jefferies upgrades its rating to Buy from Hold with an $11 price target, as the firm remains impressed by U.S. drilling share gains and expects next week's 2014 capex announcement to include additional newbuild awards.
RJ upgrades shares to Outperform from Market Perform with an $11.50 target, as PDS is now the lowest valued contract driller in its coverage group, and yesterday's drop presents a "provocative entry point" for investors.

My last valuation (on 11/14/13) was $10.75/share, but spike in natural gas prices should take that up a notch. I really like PDS. It is a very high quality driller/service company based in Calgary.

Precision Drilling Raised to Outperform From Mkt Perform by Raymond James >PD.T 12/09 08:24 AM