Parker Drilling Company Company Profile (NYSE:PKD)

About Parker Drilling Company

Parker Drilling Company 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: $1.95
  • 50 Day Moving Average: $2.51
  • 200 Day Moving Average: $2.31
  • 52-Week Range: $124,830,000.00 - $1.50
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -6.96
  • P/E Growth: -0.16
  • Market Cap: $243.42M
  • Outstanding Shares: 124,830,000
  • Beta: 1.46
Profitability:
  • Net Margins: -45.16%
  • Return on Equity: -28.44%
  • Return on Assets: -10.58%
Debt:
  • Debt-to-Equity Ratio: 1.49%
  • Current Ratio: 3.10%
  • Quick Ratio: 2.75%
Additional Links:
Companies Related to Parker Drilling Company:

Analyst Ratings

Consensus Ratings for Parker Drilling Company (NYSE:PKD) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $3.13 (60.26% upside)

Analysts' Ratings History for Parker Drilling Company (NYSE:PKD)
Show:
DateFirmActionRatingPrice TargetDetails
11/7/2016NomuraReiterated RatingBuy$4.00View Rating Details
10/5/2016DA DavidsonInitiated CoverageBuy$3.50View Rating Details
8/31/2016Edward JonesUpgradeHold -> BuyView Rating Details
8/23/2016Evercore ISIReiterated RatingBuy$3.50View Rating Details
8/19/2016Seaport Global SecuritiesReiterated RatingNeutralView Rating Details
8/9/2016MacquarieDowngradeNeutral -> Underperform$1.50View Rating Details
1/21/2016StephensLower Price Target$3.00 -> $1.50View Rating Details
9/23/2015SidotiUpgradeNeutral -> Buy$5.00View Rating Details
9/9/2015Tudor PickeringDowngradeBuy -> HoldView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Parker Drilling Company (NYSE:PKD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
10/27/2016Q316($0.42)($0.37)$92.86 million$97.19 millionViewN/AView Earnings Details
8/2/2016Q216($0.35)($0.32)$105.80 million$105.30 millionViewN/AView Earnings Details
5/3/2016Q1($0.21)($0.18)$124.59 million$143.90 millionViewN/AView Earnings Details
11/3/2015Q315($0.13)($0.10)$167.56 million$173.40 millionViewN/AView Earnings Details
8/4/2015Q215($0.12)($0.10)$167.27 millionViewN/AView Earnings Details
5/5/2015Q115($0.03)$0.03$208.90 million$204.08 millionViewN/AView Earnings Details
2/19/2015Q414$0.03$0.06$230.24 millionViewN/AView Earnings Details
11/6/2014Q314$0.11$0.10$251.67 million$242.00 millionViewN/AView Earnings Details
8/6/2014Q2$0.10$0.12$245.59 million$254.20 millionViewN/AView Earnings Details
5/8/2014Q114$0.03$0.04$226.70 million$229.30 millionViewN/AView Earnings Details
2/26/2014Q413$0.11$0.10$243.83 million$243.32 millionViewN/AView Earnings Details
11/6/2013Q313$0.09$0.12$233.25 million$237.80 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.07$0.14$234.60 million$226.00 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.01$0.03$166.10 million$167.16 millionViewN/AView Earnings Details
2/21/2013Q4 2012$0.05($0.03)$155.35 million$157.19 millionViewN/AView Earnings Details
11/1/2012Q312$0.10$0.10$168.65 million$165.30 millionViewN/AView Earnings Details
8/2/2012$0.19$0.18ViewN/AView Earnings Details
5/2/2012$0.17$0.22ViewN/AView Earnings Details
2/23/2012$0.17$0.17ViewN/AView Earnings Details
11/3/2011$0.13$0.18ViewN/AView Earnings Details
8/4/2011$0.08$0.14ViewN/AView Earnings Details
5/4/2011$0.06$0.05ViewN/AView Earnings Details
2/23/2011$0.05$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Parker Drilling Company (NYSE:PKD)
Current Year EPS Consensus Estimate: $-1.01 EPS
Next Year EPS Consensus Estimate: $-0.28 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161($0.42)($0.42)($0.42)
Q4 20162($0.39)($0.37)($0.38)
Q1 20172($0.33)($0.23)($0.28)
Q2 20172($0.26)($0.21)($0.24)
Q3 20172($0.19)($0.17)($0.18)
Q4 20172($0.15)($0.13)($0.14)
Q1 20181($0.12)($0.12)($0.12)
Q2 20181($0.08)($0.08)($0.08)
Q3 20181($0.02)($0.02)($0.02)
Q4 20181$0.01$0.01$0.01
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for Parker Drilling Company (NYSE:PKD)
Insider Ownership Percentage: 3.68%
Institutional Ownership Percentage: 64.07%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2016Philip L AgnewVPSell18,387$2.80$51,483.60View SEC Filing  
12/8/2016Rudolph R ReinfrankDirectorSell40,000$2.43$97,200.00View SEC Filing  
12/6/2016Leslie K NagyInsiderSell2,000$2.37$4,740.00View SEC Filing  
9/1/2016Gary G RichChairmanBuy80,000$2.18$174,400.00View SEC Filing  
6/3/2016Gary R KingDirectorSell6,400$2.20$14,080.00View SEC Filing  
5/20/2016Jon-Al DuplantierCAOSell10,000$2.17$21,700.00View SEC Filing  
4/1/2016Jon-Al DuplantierCAOSell15,000$2.03$30,450.00View SEC Filing  
3/14/2016Jon-Al DuplantierCAOSell6,500$1.92$12,480.00View SEC Filing  
2/24/2016Gary G RichCEOBuy40,000$1.28$51,200.00View SEC Filing  
12/14/2015Leslie K NagyInsiderSell2,071$2.15$4,452.65View SEC Filing  
11/16/2015Leslie K NagyInsiderSell2,000$2.65$5,300.00View SEC Filing  
11/6/2015Jon-Al DuplantierCAOSell20,000$2.85$57,000.00View SEC Filing  
8/18/2015Jon-Al DuplantierCAOSell20,000$2.82$56,400.00View SEC Filing  
12/1/2014Roger B PlankDirectorBuy10,000$3.28$32,800.00View SEC Filing  
11/19/2014Roger B PlankDirectorBuy10,000$3.90$39,000.00View SEC Filing  
11/13/2014Gary G RichCEOBuy26,000$3.94$102,440.00View SEC Filing  
11/8/2013Rudolph ReinfrankDirectorSell25,000$8.27$206,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Parker Drilling Company (NYSE:PKD)
DateHeadline
News IconWhat do Analysts suggest for: Parker Drilling Co. (NYSE:PKD) (NYSE:PKD)
latribunadecanarias.com - February 26 at 11:58 AM
News IconChasing Hot Stocks – LKQ Corporation (NASDAQ:LKQ), Parker Drilling Company (NYSE:PKD) - Wall Street Times (press release) (NYSE:PKD)
www.wallstreetnews24.com - February 25 at 1:26 AM
finance.yahoo.com logoPARKER DRILLING CO /DE/ Financials (NYSE:PKD)
finance.yahoo.com - February 24 at 8:23 PM
News IconParker Drilling Company (PKD) Has Revealed It All In Its Chart - NY Stock News (NYSE:PKD)
nystocknews.com - February 24 at 8:30 AM
News IconSpot Check on Stock With Abnormal Activity Parker Drilling Company (NYSE:PKD) (NYSE:PKD)
oakridgeobserver.com - February 24 at 12:22 AM
seekingalpha.com logoParker Drilling Announces 2 Separate Financings For Net Total Proceeds Up To $82M (NYSE:PKD)
seekingalpha.com - February 23 at 7:20 PM
seekingalpha.com logoParker Drilling to launch 12M-share offering - Seeking Alpha (NYSE:PKD)
seekingalpha.com - February 23 at 8:59 AM
us.rd.yahoo.com logo9:16 am Parker Drilling prices 12 mln common stock offering at $2.10/share and 500k shares of its 7.25% Series A Mandatory Convertible Preferred Stock having an offering price and liquidation preference of $100 per share (NYSE:PKD)
us.rd.yahoo.com - February 22 at 7:21 PM
feeds.benzinga.com logoMid-Afternoon Market Update: Microbot Medical Climbs Amid Technology Patent Allowance; Servicesource International Shares Tumble (NYSE:PKD)
feeds.benzinga.com - February 22 at 4:22 PM
fool.com logoHere’s Why Parker Drilling Company’s Stock Is Plunging Today (NYSE:PKD)
www.fool.com - February 22 at 2:16 PM
finance.yahoo.com logo4:14 pm Parker Drilling commences 12 mln common stock offering and $50 mln public offering of its Series A Mandatory Convertible Preferred Stock with a liquidation preference of $100 per share (NYSE:PKD)
finance.yahoo.com - February 22 at 9:19 AM
marketwatch.com logoParker Drilling's stock sinks after public stock offering (NYSE:PKD)
www.marketwatch.com - February 22 at 9:19 AM
finance.yahoo.com logoParker Drilling Company Announces Pricing of Public Offerings of Common Stock and 7.25% Series A Mandatory Convertible Preferred Stock (NYSE:PKD)
finance.yahoo.com - February 22 at 9:19 AM
reuters.com logoBRIEF-Parker Drilling announces public offerings of common stock (NYSE:PKD)
www.reuters.com - February 21 at 5:37 PM
biz.yahoo.com logoPARKER DRILLING CO /DE/ Files SEC form 10-K, Annual Report (NYSE:PKD)
biz.yahoo.com - February 21 at 5:37 PM
finance.yahoo.com logoParker Drilling Company Announces Public Offerings of Common Stock and Series A Mandatory Convertible Preferred Stock (NYSE:PKD)
finance.yahoo.com - February 21 at 5:37 PM
News IconAnalysts Peer Into Their Crystal Balls For Parker Drilling Company (NYSE:PKD): Where Is It headed? - Winfield Review (NYSE:PKD)
winfieldreview.com - February 20 at 9:27 AM
News IconLooking Ahead for Parker Drilling Company (NYSE:PKD); Are These Shares Ready to Go Higher? - Aiken Advocate (NYSE:PKD)
aikenadvocate.com - February 19 at 6:12 PM
reuters.com logoBRIEF-Parker Drilling posts Q4 adj. loss per share $0.33 (NYSE:PKD)
www.reuters.com - February 16 at 6:51 PM
News IconWhat does Parker Drilling Company’s (PKD) balance sheet tells us abouts its future? (NYSE:PKD)
simplywall.st - February 16 at 6:51 PM
biz.yahoo.com logoQ4 2016 Parker Drilling Co Earnings Release - After Market Close (NYSE:PKD)
us.rd.yahoo.com - February 16 at 6:51 PM
us.rd.yahoo.com logoParker Drilling Reports 2016 Fourth Quarter Results (NYSE:PKD)
us.rd.yahoo.com - February 16 at 6:51 PM
seekingalpha.com logoParker Drilling's (PKD) CEO Gary Rich on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:PKD)
seekingalpha.com - February 16 at 6:51 PM
sg.finance.yahoo.com logoParker Drilling reports 4Q loss (NYSE:PKD)
sg.finance.yahoo.com - February 16 at 6:51 PM
biz.yahoo.com logoPARKER DRILLING CO /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E (NYSE:PKD)
biz.yahoo.com - February 16 at 6:51 PM
News IconCompliance as a Marketing Advantage (NYSE:PKD)
www.corporatecomplianceinsights.com - February 13 at 9:20 AM
News IconBrokerage Firms Weighing on These Stocks: Parker Drilling Company (NYSE:PKD) Vocera Communications, Inc ... - The Standard (NYSE:PKD)
6milestandard.com - February 9 at 1:12 AM
News IconStock Recommendations & Consensus on Parker Drilling Company (NYSE:PKD) - Midway Monitor (NYSE:PKD)
midwaymonitor.com - February 9 at 1:12 AM
News IconThe Win-Win Argument: Compliance as a Marketing Advantage (NYSE:PKD)
blog.volkovlaw.com - February 6 at 12:04 AM
finance.yahoo.com logoParker Drilling Announces Fourth Quarter 2016 Earnings Release and Conference Call Schedule (NYSE:PKD)
finance.yahoo.com - February 2 at 8:13 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Parker Drilling Company (NYSE:PKD)? - Wall Street Beacon (NYSE:PKD)
wsbeacon.com - February 1 at 9:49 PM
News IconFCF Score Review for Parker Drilling Company (NYSE:PKD) - The Tribune (NYSE:PKD)
lakecitytribune.com - February 1 at 9:49 PM
capitalcube.com logoParker Drilling Co. – Value Analysis (NYSE:PKD) : February 1, 2017 (NYSE:PKD)
www.capitalcube.com - February 1 at 9:49 PM
News IconNewsworthy Wonder Stock: Penny Stock Investors Looking at Parker Drilling Company (NYSE:PKD) - Nelson Research (NYSE:PKD)
nelsonobserver.com - January 31 at 8:27 PM
realistinvestor.com logoDeferred Tax Assets Of Parker Drilling Company (NYSE:PKD) At $5.448 Millions - RealistInvestor.com (NYSE:PKD)
www.realistinvestor.com - January 31 at 8:27 PM
capitalcube.com logoParker Drilling Co. breached its 50 day moving average in a Bearish Manner : PKD-US : January 31, 2017 (NYSE:PKD)
www.capitalcube.com - January 31 at 8:27 PM
News IconIs This Stock Capable of a Bull Run: Parker Drilling Company (NYSE:PKD) - Nelson Research (NYSE:PKD)
nelsonobserver.com - January 31 at 1:27 AM
prnewswire.com logoParker Drilling Schedules 2017 Annual Stockholders' Meeting - PR Newswire (press release) (NYSE:PKD)
www.prnewswire.com - January 31 at 1:27 AM
News IconIs There Any Upside to This Stock Under $5: Parker Drilling Company (NYSE:PKD) - Prospect Journal (NYSE:PKD)
prospectjournal.com - January 31 at 1:27 AM
News IconLooking at the Numbers for Parker Drilling Company (NYSE:PKD) - The Tribune (NYSE:PKD)
lakecitytribune.com - January 31 at 1:27 AM
News IconSeaman alleges he was injured while working for Parker Drilling (NYSE:PKD)
louisianarecord.com - January 30 at 7:55 PM
finance.yahoo.com logoParker Drilling Schedules 2017 Annual Stockholders' Meeting (NYSE:PKD)
finance.yahoo.com - January 30 at 7:55 PM
News IconMarket Focus - Tracking These Shares: Parker Drilling Company (NYSE:PKD) - Gilbert Daily (NYSE:PKD)
gilbertdaily.com - January 30 at 12:45 AM
News IconStock Looking Bearish Out Of The Gate, Gapping Down: Parker Drilling Company (NYSE:PKD) - Aiken Advocate (NYSE:PKD)
aikenadvocate.com - January 28 at 5:41 AM
News IconPeering into Recent Action from Parker Drilling Company (NYSE:PKD) - Prospect Journal (NYSE:PKD)
prospectjournal.com - January 28 at 5:41 AM
News IconFollowing FCF Scores for Parker Drilling Company (NYSE:PKD) - The Tribune (NYSE:PKD)
lakecitytribune.com - January 28 at 5:41 AM
News IconSell-side Consensus Sees Parker Drilling Company (NYSE:PKD) Going Where Near-Term? - Aiken Advocate (NYSE:PKD)
aikenadvocate.com - January 28 at 5:41 AM
investopedia.com logoTop 5 Small-Cap Oil Stocks for 2017 (NYSE:PKD)
www.investopedia.com - January 27 at 12:53 AM
News IconEarnings in Full Force, Analysts Take Aim at Parker Drilling Company (NYSE:PKD) - Wall Street Beacon (NYSE:PKD)
wsbeacon.com - January 25 at 1:02 AM
News IconReviewing Indicator Levels for Parker Drilling Co. (PKD) - Sherwood Daily (NYSE:PKD)
sherwooddaily.com - January 24 at 8:01 PM

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What is Parker Drilling Company's stock symbol?

Parker Drilling Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "PKD."

Where is Parker Drilling Company's stock going? Where will Parker Drilling Company's stock price be in 2017?

6 equities research analysts have issued 12 month target prices for Parker Drilling Company's shares. Their predictions range from $1.50 to $4.00. On average, they anticipate Parker Drilling Company's share price to reach $3.13 in the next twelve months.

When will Parker Drilling Company announce their earnings?

Parker Drilling Company is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Parker Drilling Company stock?

Parker Drilling Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.37%), FMR LLC (2.52%), State Street Corp (1.87%), Renaissance Technologies LLC (1.04%), Aegis Financial Corp (0.95%) and Franklin Resources Inc. (0.72%). Company insiders that own Parker Drilling Company stock include Gary G Rich, Gary R King, Jon-Al Duplantier, Leslie K Nagy, Philip L Agnew and Rudolph R Reinfrank.

Who sold Parker Drilling Company stock? Who is selling Parker Drilling Company stock?

Parker Drilling Company's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Oxford Asset Management, Pacific Global Investment Management CO and AQR Capital Management LLC. Company insiders that have sold Parker Drilling Company stock in the last year include Gary R King, Jon-Al Duplantier, Leslie K Nagy, Philip L Agnew and Rudolph R Reinfrank.

Who bought Parker Drilling Company stock? Who is buying Parker Drilling Company stock?

Parker Drilling Company's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Two Sigma Investments LP, State Street Corp, GSB Wealth Management LLC and Metropolitan Life Insurance Co. NY.

How do I buy Parker Drilling Company stock?

Shares of Parker Drilling Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Parker Drilling Company stock cost?

One share of Parker Drilling Company stock can currently be purchased for approximately $1.95.

Parker Drilling Company (NYSE:PKD) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Parker Drilling Company (NYSE:PKD)

Earnings History Chart

Earnings by Quarter for Parker Drilling Company (NYSE:PKD)

Dividend History Chart

Dividend Payments by Quarter for Parker Drilling Company (NYSE:PKD)

Last Updated on 2/26/2017 by MarketBeat.com Staff