Pacific Drilling S.A. is an international offshore drilling contractor. The Company provides offshore drilling services to the oil and natural gas industry through the use of high-specification rigs. The Company's primary business is to contract its high-specification rigs, related equipment and work crews, primarily on a day rate basis, to drill wells for its clients. The Company is engaged in drillships segment. The Company focuses on the high-specification segment of the floating rig market. The Company considers high-specification requirements to include rigs in water depths of approximately 7,500 feet or projects requiring advanced operating capabilities, such as hook-loads (>800 tons), accommodations (over 200 beds), mud storage and pumping capacity, and deck-load and space capabilities. The Company's contract drillships operate in the deepwater regions of the United States, Gulf of Mexico and Nigeria.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Drilling - NEC
- Sub-Industry: N/A
- Symbol: NYSE:PACD
- CUSIP: N/A
- Web: www.pacificdrilling.com
- Market Cap: $33.84 million
- Outstanding Shares: 21,284,000
- 50 Day Moving Avg: $1.70
- 200 Day Moving Avg: $2.39
- 52 Week Range: $1.32 - $6.89
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.09
- P/E Growth: 0.00
- Annual Revenue: $669.6 million
- Price / Sales: 0.05
- Book Value: $120.76 per share
- Price / Book: 0.01
- EBIDTA: $327.38 million
- Net Margins: -20.08%
- Return on Equity: -5.40%
- Return on Assets: -2.44%
- Debt-to-Equity Ratio: 0.99%
- Current Ratio: 1.13%
- Quick Ratio: 0.97%
- Average Volume: 47,981 shs.
- Beta: 2.56
- Short Ratio: 18.84
Frequently Asked Questions for Pacific Drilling S.A. (NYSE:PACD)
What is Pacific Drilling S.A.'s stock symbol?
Pacific Drilling S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "PACD."
When did Pacific Drilling S.A.'s stock split? How did Pacific Drilling S.A.'s stock split work?
Pacific Drilling S.A.'s stock reverse split on the morning of Wednesday, May 25th 2016. The 1-10 reverse split was announced on Tuesday, May 24th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 24th 2016. An investor that had 100 shares of Pacific Drilling S.A. stock prior to the reverse split would have 10 shares after the split.
How were Pacific Drilling S.A.'s earnings last quarter?
Pacific Drilling S.A. (NYSE:PACD) announced its earnings results on Thursday, February, 23rd. The company reported ($2.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($2.44) by $0.41. The firm had revenue of $177.96 million for the quarter, compared to analyst estimates of $153.50 million. Pacific Drilling S.A. had a negative net margin of 20.08% and a negative return on equity of 5.40%. Pacific Drilling S.A.'s revenue was down 33.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.06) earnings per share. View Pacific Drilling S.A.'s Earnings History.
Where is Pacific Drilling S.A.'s stock going? Where will Pacific Drilling S.A.'s stock price be in 2017?
2 brokerages have issued 12-month price targets for Pacific Drilling S.A.'s shares. Their predictions range from $6.00 to $6.00. On average, they anticipate Pacific Drilling S.A.'s share price to reach $6.00 in the next twelve months. View Analyst Ratings for Pacific Drilling S.A..
Who are some of Pacific Drilling S.A.'s key competitors?
Some companies that are related to Pacific Drilling S.A. include Pacific Coast Oil Trust (ROYT), MV Oil Trust (MVO), Sundance Energy Australia (SNDE), Vaalco Energy (EGY), Renesola (SOL), Sunworks (SUNW), EXCO Resources NL (XCO), Yingli Green Energy Holding Company Limited (YGE), Mitcham Industries (MIND), Petroquest Energy (PQ), SandRidge Mississippian Trust I (SDT), ECA Marcellus Trust I (ECT), Ion Geophysical Corporation (IO), Mid-Con Energy Partners, LP (MCEP), North Atlantic Drilling (NADL), EV Energy Partners, L.P. (EVEP), Rex Energy Corporation (REXX) and SAExploration Holdings (SAEX).
Who are Pacific Drilling S.A.'s key executives?
Pacific Drilling S.A.'s management team includes the folowing people:
- Ron Moskovitz, Chairman of the Board
- Christian J. Beckett, Chief Executive Officer, Executive Director
- Paul T. Reese, Chief Financial Officer
- Robert F. MacChesney, Chief Operating Officer
- Cees Van Diemen, Senior Vice President of Operations
- Coy Wright, Vice President Information Technology
- Kinga E. Doris, Vice President, General Counsel and Secretary
- John Boots, Vice President Treasurer
- Michelle Hobbs, Vice President of Human Resources
- Paul Linkin, Vice President QHSE
How do I buy Pacific Drilling S.A. stock?
Shares of Pacific Drilling S.A. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pacific Drilling S.A.'s stock price today?
MarketBeat Community Rating for Pacific Drilling S.A. (NYSE PACD)MarketBeat's community ratings are surveys of what our community members think about Pacific Drilling S.A. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Pacific Drilling S.A. stock can currently be purchased for approximately $1.59.
Consensus Ratings for Pacific Drilling S.A. (NYSE:PACD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$6.00 (277.36% upside)|
Analysts' Ratings History for Pacific Drilling S.A. (NYSE:PACD)
(Data available from 7/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/28/2016||Citigroup Inc.||Reiterated Rating||Neutral||N/A|
|8/9/2016||Deutsche Bank AG||Downgrade||Buy -> Hold||$10.00 -> $6.00||N/A|
|7/18/2016||Wells Fargo & Company||Downgrade||Market Perform -> Underperform||N/A|
|6/29/2016||Evercore ISI||Initiated Coverage||Hold||$9.00||N/A|
|5/25/2016||Credit Suisse Group||Reiterated Rating||Hold||$4.00||N/A|
|5/13/2016||Simmons||Reiterated Rating||Neutral||$5.50 -> $5.00||N/A|
|4/20/2016||Barclays PLC||Downgrade||Equal Weight -> Underweight||$5.00||N/A|
|3/7/2016||Johnson Rice||Downgrade||Accumulate -> Hold||N/A|
|3/2/2016||KLR Group||Reiterated Rating||Hold||$30.00 -> $5.50||N/A|
|3/2/2016||Iberia Capital||Downgrade||Outperform -> Sector Perform||N/A|
|1/27/2016||Clarkson Capital||Reiterated Rating||Neutral||N/A|
|12/14/2015||Scotiabank||Downgrade||Outperform -> Sector Perform||N/A|
|12/14/2015||Howard Weil||Downgrade||Sector Outperform -> Sector Perform||N/A|
|12/3/2015||Raymond James Financial, Inc.||Reiterated Rating||Market Perform||N/A|
|11/30/2015||Seaport Global Securities||Reiterated Rating||Neutral||$14.00||N/A|
|11/30/2015||Guggenheim||Upgrade||Neutral -> Buy||$1.70||N/A|
|8/10/2015||Danske||Upgrade||Hold -> Buy||N/A|
Earnings History for Pacific Drilling S.A. (NYSE:PACD)Earnings History by Quarter for Pacific Drilling S.A. (NYSE PACD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/23/2017||Q416||($2.44)||($2.03)||$153.50 million||$177.96 million||View||N/A|
|5/5/2016||Q116||($0.07)||($0.01)||$199.26 million||$205.38 million||View||N/A|
|2/29/2016||Q415||$0.13||$0.16||$254.96 million||$267.60 million||View||Listen|
|11/9/2015||Q3||$0.21||$0.19||$271.40 million||$260.20 million||View||N/A|
|8/6/2015||Q215||$0.18||$0.22||$270.01 million||$273.90 million||View||N/A|
|5/4/2015||Q115||$0.18||$0.24||$282.20 million||$203.40 million||View||N/A|
|2/23/2015||Q414||$0.29||$0.32||$312.25 million||$319.70 million||View||N/A|
|11/4/2014||Q314||$0.22||$0.22||$276.95 million||$279.64 million||View||N/A|
|8/6/2014||Q214||$0.18||$0.23||$251.35 million||$260.83 million||View||N/A|
|5/5/2014||Q412||$0.13||$0.10||$234.44 million||$225.60 million||View||N/A|
|11/6/2013||Q412||$0.08||$0.14||$182.58 million||$193.20 million||View||N/A|
|11/7/2012||Q312||($0.02)||($0.01)||$157.99 million||$172.00 million||View||N/A|
Earnings Estimates for Pacific Drilling S.A. (NYSE:PACD)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Pacific Drilling S.A. (NYSE:PACD)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Pacific Drilling S.A. (NYSE:PACD)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Pacific Drilling S.A. (NYSE:PACD)
Latest Headlines for Pacific Drilling S.A. (NYSE:PACD)
Pacific Drilling S.A. (PACD) Chart for Sunday, July, 23, 2017