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  5. PD: Hello you did mention that 50% of the earnings are from USA if that is the case what is a good entry point? [Precision Drilling Corporation]
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Q: Hello
you did mention that 50% of the earnings are from USA
if that is the case
what is a good entry point? it has been dropping
with the energy sector retreating
thanks
1-3 years outlook with Mr Trump's energy policy?
thanks
Michael
Asked by Michael on December 20, 2024
5i Research Answer:

More drilling 'should' result in more activity for the service sector, of course. PD is very cheap and seeing fundamental improvement. We would be comfortable in the $76 to $77 range. 

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