Parker Drilling Company Profile (NYSE:PKD)

Analyst Ratings

Consensus Ratings for Parker Drilling (NYSE:PKD) (?)
Ratings Breakdown: 1 Hold Rating(s), 3 Buy Rating(s)
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $4.00 (93.24% upside)

Analysts' Ratings History for Parker Drilling (NYSE:PKD)
Show:
DateFirmActionRatingPrice TargetActions
4/8/2016NomuraInitiated CoverageBuy$4.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016StephensLower Price Target$3.00 -> $1.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/23/2015SidotiUpgradeNeutral -> Buy$5.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/9/2015Tudor PickeringDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/18/2015Evercore ISIUpgradeHold -> Buy$4.00 -> $5.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/5/2015Seaport Global SecuritiesReiterated RatingHold$3.20View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/9/2014MacquarieDowngradeOutperform -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/2/2014Standpoint ResearchUpgradeHold -> Buy$9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for Parker Drilling (NYSE:PKD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/2/2016Q216($0.35)$105.80 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2016Q1($0.21)($0.18)$124.59 million$143.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315($0.13)($0.10)$167.56 million$173.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2015Q215($0.12)($0.10)$167.27 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2015Q115($0.03)$0.03$208.90 million$204.08 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/19/2015Q414$0.03$0.06$230.24 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2014Q314$0.11$0.10$251.67 million$242.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2014Q2$0.10$0.12$245.59 million$254.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014Q114$0.03$0.04$226.70 million$229.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2014Q413$0.11$0.10$243.83 million$243.32 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013Q313$0.09$0.12$233.25 million$237.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$0.07$0.14$234.60 million$226.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2013Q1 2013$0.01$0.03$166.10 million$167.16 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/21/2013Q4 2012$0.05($0.03)$155.35 million$157.19 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2012Q312$0.10$0.10$168.65 million$165.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2012$0.19$0.18ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2012$0.17$0.22ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2012$0.17$0.17ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2011$0.13$0.18ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2011$0.08$0.14ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/4/2011$0.06$0.05ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2011$0.05$0.01ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Parker Drilling (NYSE:PKD)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.15)($0.15)($0.15)
Q2 20171($0.13)($0.13)($0.13)
Q3 20171($0.11)($0.11)($0.11)
Q4 20171($0.09)($0.09)($0.09)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Parker Drilling (NYSE:PKD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Parker Drilling (NYSE:PKD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/3/2016Gary R KingDirectorSell6,400$2.20$14,080.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/20/2016Jon-Al DuplantierCAOSell10,000$2.17$21,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/1/2016Jon-Al DuplantierCAOSell15,000$2.03$30,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/14/2016Jon-Al DuplantierCAOSell6,500$1.92$12,480.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/24/2016Gary G RichCEOBuy40,000$1.28$51,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/14/2015Leslie K NagyInsiderSell2,071$2.15$4,452.65View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/16/2015Leslie K NagyInsiderSell2,000$2.65$5,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2015Jon-Al DuplantierCAOSell20,000$2.85$57,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/18/2015Jon-Al DuplantierCAOSell20,000$2.82$56,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/1/2014Roger B PlankDirectorBuy10,000$3.28$32,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2014Roger B PlankDirectorBuy10,000$3.90$39,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/13/2014Gary G RichCEOBuy26,000$3.94$102,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/8/2013Rudolph ReinfrankDirectorSell25,000$8.27$206,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Parker Drilling (NYSE:PKD)
DateHeadline
07/20/16 06:39 PMParker Drilling Company (NYSE:PKD): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/19/16 06:00 PMEquity Roundup: Stock Performance Focus on Parker Drilling Company (NYSE:PKD) - Press Telegraph
07/19/16 11:59 AMETF’s with exposure to Parker Drilling Co. : July 19, 2016 -
07/18/16 11:17 AMShares Moving Down on the Week: Parker Drilling Co. (NYSE:PKD) - Engelwood Daily
07/18/16 11:17 AMTrading Performance and Target Watch for Parker Drilling Company (NYSE:PKD) - Press Telegraph
07/18/16 11:17 AMNext Weeks Broker Price Targets For Parker Drilling Company (NYSE:PKD) - Fiscal Standard
07/18/16 07:38 AMParker Drilling Announces Second Quarter 2016 Earnings Release and Conference Call Schedule - [PR Newswire] - HOUSTON, July 18, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its second quarter 2016 results after the market closes on Tuesday, August 2, 2016. In conjunction ...
07/16/16 09:07 AMParker Drilling Company (PKD) is Trading Lower on Unusual Volume for July 14
07/15/16 10:58 AMCrowd Rating and Earnings Recap for Parker Drilling Company (NYSE:PKD) - Telanagana Press
07/15/16 10:58 AMCould Parker Drilling Company Gain Strenght? The Stock Reaches 52-Week Low - Consumer Eagle
07/15/16 10:58 AMHow Many Parker Drilling Company (NYSE:PKD)'s Analysts Are Bearish? - Press Telegraph
07/13/16 06:11 PMParker Drilling Company (NYSE:PKD) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/12/16 10:14 AMParker Drilling Company (NYSE:PKD) Stock Update: Check on Ratings and Target Price - Telanagana Press
07/12/16 10:14 AMStock on the Rise for the Quarter: Parker Drilling Co. (NYSE:PKD) - Engelwood Daily
07/12/16 10:14 AMParker Drilling Company (NYSE:PKD) Quarterly Accounts Payable At $114.993 Millions - RealistInvestor.com
07/12/16 09:30 AMDrilling company's former longtime chairman dies -
07/12/16 12:23 AMIn Memoriam: Robert L. Parker, Sr. - [at noodls] - b493fc87-b7ce-4c5b-9f3e-587557e5468c.pdf HOUSTON, July 11, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today the passing of Robert L. Parker, Sr., the Company's Chairman of the Board ...
07/09/16 09:00 AMHeightened Volatility Check on: Parker Drilling Co. (NYSE:PKD) - Engelwood Daily
07/09/16 09:00 AMBroker Outlook For Parker Drilling Company (NYSE:PKD) - Fiscal Standard
07/08/16 08:45 AMParker Drilling : How Rewarding Investors Believe These Oil and Gas Stocks are? - NOW Inc., MRC Global, Flotek Industries, and Parker Drilling
07/06/16 06:03 PMCan Parker Drilling Company (NYSE:PKD) Improve on the Earnings Front? - Engelwood Daily
07/06/16 06:03 PMParker Drilling Co (NYSE:PKD) Institutional Investors Sentiment Index Worsens in 2016 Q1 - Engelwood Daily
07/06/16 06:03 PMPerformance Recap and Target Perspective on Parker Drilling Company (NYSE:PKD) - Press Telegraph
07/01/16 08:36 AMNew Broker Ratings For Parker Drilling Company (NYSE:PKD) - FTSE News
06/28/16 05:46 PMEquity Research and Technical Review on Parker Drilling Company (NYSE:PKD) - Press Telegraph
06/28/16 05:46 PMParker Drilling Company (NYSE:PKD) Broker Price Targets For The Coming Week - Fiscal Standard
06/28/16 05:46 PMShare Update and Earnings Review for Parker Drilling Company (NYSE:PKD) - Press Telegraph
06/28/16 05:46 PMParker Drilling Company (NYSE:PKD) Accounts Payable Stands AT $114.993 - RealistInvestor.com
06/24/16 05:54 PMRecently Issued Stock Ratings For Parker Drilling Company (NYSE:PKD) - Fiscal Standard
06/24/16 04:42 PMETF’s with exposure to Parker Drilling Co. : June 24, 2016 -
06/22/16 10:34 AMParker Drilling Company (NYSE:PKD) Yearly Accounts Payable At $58.08 Millions - RealistInvestor.com
06/20/16 07:25 AMThis Weeks Broker Views For Parker Drilling Company (NYSE:PKD) - Fiscal Standard
06/17/16 05:40 PMParker Drilling Awarded 7-Year Contract For The Hibernia Platform, Replacing A Struggling Paragon Offshore
06/08/16 06:15 PMParker Drilling Company (PKD) Jumps 11.49% on June 08 - Equities.com
06/07/16 06:04 PMPARKER DRILLING CO. (NYSE:PKD) Financial Condition Compared to S&P 500 - CML News
06/06/16 05:47 PMKing Gary R, Director of Parker Drillingny (NYSE:PKD) sells 6,400 shares
06/03/16 01:42 PMPARKER DRILLING CO /DE/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhi -
06/03/16 08:44 AMUpcoming Earnings Report: Parker Drilling Co. (NYSE:PKD) - iStreetWire - Upcoming Earnings Report: Parker Drilling Co. (NYSE:PKD)iStreetWireParker Drilling Co. (PKD) added 0.45% to reach at the floor price of $2.21 as the company is set to share its next quarterly earnings on July 28, 2016. PKD stock trades between $2.1 and $2.21 before the earnings release. Let's take a closer look at the ...and more »
06/02/16 08:49 AMParker Drilling Secures Amendment To Its 2015 Credit Facility - Seeking Alpha - Seeking AlphaParker Drilling Secures Amendment To Its 2015 Credit FacilitySeeking AlphaThis article is an update of my preceding article about Parker Drilling's (NYSE:PKD) published on May 31, 2016. ... The Company has no borrowings outstanding under the facility and as of March 31, 2016 had $12.8 million of outstanding letters of credit.Parker Drilling Gets Its Credit Facility AmendedBenzingaParker Drilling Company (NYSE:PKD) Stock Rating ReviewThe PostStock in a Downward Trend: Parker Drilling Co. (NYSE:PKD)Franklin IndependentFTSE News -PR Newswire (press release)all 5 news articles »
06/01/16 06:21 PMParker Drilling Gets Its Credit Facility Amended - Benzinga - Parker Drilling Gets Its Credit Facility AmendedBenzingaParker Drilling Company PKD 1.36% disclosed that it agreed to the terms with its lenders on an amendment to its 2015 Secured Credit Agreement. According to the company, the terms of the Amendment provided covenant relief and flexibility to help ...Parker Drilling Company (NYSE:PKD) Stock Rating ReviewThe PostStock in a Downward Trend: Parker Drilling Co. (NYSE:PKD)Franklin IndependentNew Broker Ratings For Parker Drilling Company (NYSE:PKD)FTSE NewsPR Newswire (press release)all 4 news articles »
06/01/16 11:57 AMParker Drilling Gets Its Credit Facility Amended - Parker Drilling Company (NYSE: PKD) disclosed that it agreed to the terms with its lenders on an amendment to its 2015 Secured Credit Agreement. According to the company, the terms of the Amendment provided covenant relief and flexibility to help navigate the prolonged industry downturn. Parker Drilling said that it has no borrowings outstanding under its credit facility and as of March 31, 2016, it had $12.8 million of outstanding letters of credit. The company's Chairman, President and CEO, Gary Rich, commented, "This amendment contains significant covenant relief that should provide the Company with improved financial flexibility during this current market downturn. Although our borrowing ...Full story available on Benzinga.com
06/01/16 08:44 AMTarget Price and Stock Performance Rundown for Parker Drilling Company (NYSE:PKD) - HNN - Target Price and Stock Performance Rundown for Parker Drilling Company (NYSE:PKD)HNNKeeping an eye on share activity using multiple views may be helpful when tracking stock performance. Equity investors have the ability to track short or long term share performance. During the latest trading session, Parker Drilling Company (NYSE:PKD) ...and more »
05/31/16 11:26 AMPARKER DRILLING CO /DE/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits -
05/30/16 11:05 PMStock Review and Earnings Check on Parker Drilling Company (NYSE:PKD) - HNN - Stock Review and Earnings Check on Parker Drilling Company (NYSE:PKD)HNNCompany earnings are a good way to evaluate the company profitability. Currently, sell-side analysts are expecting Parker Drilling Company (NYSE:PKD) to report quarterly EPS of $-0.22. The company's next earnings report is expected to be published on ...and more »
05/30/16 11:05 PMStock Review and Earnings Check on Parker Drilling Company (NYSE:PKD) - HNN - Stock Review and Earnings Check on Parker Drilling Company (NYSE:PKD)HNNCompany earnings are a good way to evaluate the company profitability. Currently, sell-side analysts are expecting Parker Drilling Company (NYSE:PKD) to report quarterly EPS of $-0.22. The company's next earnings report is expected to be published on ...and more »
05/30/16 01:53 PMTarget Check and Stock Performance Recap Parker Drilling Company (NYSE:PKD) - HNN - Target Check and Stock Performance Recap Parker Drilling Company (NYSE:PKD)HNNIn recent session activity, Parker Drilling Company (NYSE:PKD) shares have traded -1.32%. Monitoring the stock price relative to moving averages may provide enhanced perspective on share performance. After a recent check, the stock has been recorded ...and more »
05/28/16 11:59 AMParker Drilling says customer extends Sakhalin contract - Seeking Alpha - PennEnergyParker Drilling says customer extends Sakhalin contractSeeking AlphaThe new contract extends through June 2019 and covers a newly constructed fourth customer-owned extended-reach drilling rig; the prior contract term was set to expire in Q3 2017. PKD says it expects the extension and the new rig to add at least $180M ...Parker Drilling Company (NYSE:PKD) Closes At $2.28Investor NewswireAre Analysts Bullish Parker Drilling Company (NYSE:PKD) After Last Week?Wall Street Hints and NewsParker Drilling Receives $180 Mln Contract Extension For Project on Sakhalin Island, Russia (NYSE:PKD)Sonoran Weekly ReviewPR Newswire (press release) -Finance Dailyall 9 news articles »
05/26/16 03:30 PMParker Drilling Announces Extension of Sakhalin O&M Contract and Addition of a New O&M Rig - [PR Newswire] - HOUSTON, May 26, 2016 /PRNewswire/ -- Parker Drilling Company (PKD) announced today that its customer awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia. The O&M contract term now extends through June 2019 and also covers a newly constructed fourth customer-owned extended-reach drilling (ERD) rig. The extension, inclusive of the additional new rig, is expected to add in excess of $180 million in revenue backlog over the course of the contract and brings the company's operations on Sakhalin Island to a total of five rigs, including one Parker-owned rig.
05/26/16 12:05 PMAre These Oil and Gas Attractive to Investors? - Seventy Seven Energy, Forum Energy Technologies, Core Laboratories, and Parker Drilling - So today, ActiveWallSt.com has decided to shift focus back on the industry, and today's picks are: Seventy Seven Energy Inc. (NYSE: SSE), Forum Energy Technologies Inc. (NYSE: FET), Core Laboratories N.V. (NYSE: CLB), and Parker Drilling Co. (NYSE ...
05/24/16 02:30 PMETF’s with exposure to Parker Drilling Co. : May 24, 2016 -

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About Parker Drilling

Parker Drilling logoParker Drilling Company (Parker Drilling) is a provider of contract drilling, and drilling-related services and rental tools. The Company's business consists of two business lines: drilling services and rental tools services. Its Rental Tools Services business includes its Rental Tools segment, and its Drilling Services business includes its U.S. (Lower 48) Drilling, and International & Alaska Drilling segments. The Company's U.S. (Lower 48) Drilling segment provides drilling services with its Gulf of Mexico barge drilling rig fleet and through U.S. (Lower 48) based O&M services. Its International & Alaska Drilling segment provides drilling services, with Company-owned rigs, as well as through O&M contracts, and project related services. In its Rental Tools Services business, it provides rental equipment and services to exploration and production (E&P) companies, drilling contractors and service companies on land and offshore in the United States and select international markets.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Drilling
  • Exchange: NYSE
  • Symbol: PKD
  • CUSIP: 70108110
Key Metrics:
  • Previous Close: $2.07
  • 50 Day Moving Average: $2.26
  • 200 Day Moving Average: $2.07
  • P/E Ratio: N/A
  • P/E Growth: -0.11
  • Market Cap: $254.80M
  • Beta: 1.58
  • Current Year EPS Consensus Estimate: $-1.25 EPS
  • Next Year EPS Consensus Estimate: $-0.77 EPS
Additional Links:
Parker Drilling (NYSE:PKD) Chart for Friday, July, 29, 2016