The Successful Investor, in the December, 2016, issue, refreshes its buy of Precision Drilling Corp., recently $5.99. The Investor and a sister publication, Stock Pickers Digest, have been in and out of three different versions of Precision from February, 2002, to September, 2016. There was also a 2-for-1 stock split in May, 2005. Assuming a $1,000 investment for each of their buys, the stock has yielded profits of $4,705 and the current $18,000 position is worth $11,584. (The position comprises $1,000 invested on Stock Pickers' recommendation, $16,000 on the Investor's and a $1,000 investment made for portfolio purposes in November, 2005.) Precision uses its 253 rigs to provide drilling services to land-based oil and gas producers, mainly in North America. It recently decided to spend $220-million this year to build new rigs and complete other upgrades. Previously, it had planned to spend just $202-million. The increase reflects higher demand for the company's new Super Triple rigs, which can reach oil and gas at greater depths than traditional rigs. The Investor is pleased that the spending increase is backed by specific customer contracts, lowering Precision's risk. The stock remains a buy.