Parker Drilling Company Company Profile (NYSE:PKD)

About Parker Drilling Company (NYSE:PKD)

Parker Drilling Company logoParker Drilling Company (Parker Drilling) is a provider of contract drilling, and drilling-related services and rental tools and services. The Company's business consists of two business lines: drilling services and rental tools services. Its Rental Tools Services business includes U.S. Rental Tools and International Rental Tools segments, and its Drilling Services business includes its U.S. (Lower 48) Drilling, and International & Alaska Drilling segments. In its Drilling Services business, the Company drills oil and gas wells for customers in both the United States and international markets. In its Rental Tools Services business, the Company 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. As of December 31, 2016, the Company had operations in 20 countries.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling
  • Sub-Industry: Oil & Gas Drilling
  • Symbol: NYSE:PKD
  • CUSIP: 70108110
  • Web: www.parkerdrilling.com
Capitalization:
  • Market Cap: $137.83 million
  • Outstanding Shares: 137,833,000
Average Prices:
  • 50 Day Moving Avg: $1.13
  • 200 Day Moving Avg: $1.33
  • 52 Week Range: $0.90 - $2.90
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -2.63
  • P/E Growth: -0.0900
Sales & Book Value:
  • Annual Revenue: $399.09 million
  • Price / Sales: 0.35
  • Book Value: $2.49 per share
  • Price / Book: 0.40
Profitability:
  • EBITDA: $29.23 million
  • Net Margins: -41.31%
  • Return on Equity: -43.64%
  • Return on Assets: -13.96%
Debt:
  • Debt-to-Equity Ratio: 1.68%
  • Current Ratio: 2.94%
  • Quick Ratio: 2.62%
Misc:
  • Average Volume: 436,315 shs.
  • Beta: 1.5
  • Short Ratio: 11.36
 

Frequently Asked Questions for Parker Drilling Company (NYSE:PKD)

What is Parker Drilling Company's stock symbol?

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

How were Parker Drilling Company's earnings last quarter?

Parker Drilling Company (NYSE:PKD) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.23) EPS for the quarter, beating the Zacks' consensus estimate of ($0.27) by $0.04. The business had revenue of $109.60 million for the quarter, compared to analyst estimates of $112.25 million. Parker Drilling Company had a negative return on equity of 43.64% and a negative net margin of 41.31%. The firm's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.32) EPS. View Parker Drilling Company's Earnings History.

When will Parker Drilling Company make its next earnings announcement?

Parker Drilling Company is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Parker Drilling Company.

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

4 analysts have issued 1 year price objectives for Parker Drilling Company's stock. Their forecasts range from $4.00 to $4.00. On average, they expect Parker Drilling Company's share price to reach $4.00 in the next twelve months. View Analyst Ratings for Parker Drilling Company.

Who are some of Parker Drilling Company's key competitors?

Who are Parker Drilling Company's key executives?

Parker Drilling Company's management team includes the folowing people:

  • Gary G. Rich, Chairman of the Board, President, Chief Executive Officer
  • Michael W. Sumruld, Chief Financial Officer, Senior Vice President
  • Jon-Al Duplantier, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
  • Peter Thomas Fontana, Director
  • Jonathan M. Clarkson, Independent Director
  • George J. Donnelly, Independent Director
  • Robert W. Goldman, Independent Director
  • Gary Robert King, Independent Director

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.

What is Parker Drilling Company's stock price today?

One share of Parker Drilling Company stock can currently be purchased for approximately $1.00.


MarketBeat Community Rating for Parker Drilling Company (NYSE PKD)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  118 (Vote Outperform)
Underperform Votes:  177 (Vote Underperform)
Total Votes:  295
MarketBeat's community ratings are surveys of what our community members think about Parker Drilling Company 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.

Analyst Ratings

Consensus Ratings for Parker Drilling Company (NYSE:PKD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $4.00 (300.00% upside)
Consensus Price Target History for Parker Drilling Company (NYSE:PKD)
Price Target History for Parker Drilling Company (NYSE:PKD)
Analysts' Ratings History for Parker Drilling Company (NYSE:PKD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/4/2017Seaport Global SecuritiesReiterated RatingNeutralHighView Rating Details
5/9/2017MacquarieUpgradeUnderperform -> NeutralMediumView Rating Details
4/3/2017Tudor PickeringUpgradeHold -> BuyMediumView Rating Details
11/7/2016NomuraReiterated RatingBuy$4.00N/AView Rating Details
10/5/2016DA DavidsonInitiated CoverageBuy$3.50N/AView Rating Details
8/31/2016Edward JonesUpgradeHold -> BuyN/AView Rating Details
8/23/2016Evercore ISIReiterated RatingBuy$3.50N/AView Rating Details
1/21/2016StephensLower Price Target$3.00 -> $1.50N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for Parker Drilling Company (NYSE:PKD)
Earnings by Quarter for Parker Drilling Company (NYSE:PKD)
Earnings History by Quarter for Parker Drilling Company (NYSE PKD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
8/2/2017Q2 2017($0.27)($0.23)$112.25 million$109.60 millionViewListenView Earnings Details
5/2/2017Q1 2017($0.34)($0.31)$103.70 million$98.27 millionViewListenView Earnings Details
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)$159.60 million$185.94 millionViewN/AView Earnings Details
5/5/2015Q115($0.03)$0.03$208.90 million$204.08 millionViewN/AView Earnings Details
2/18/2015Q414$0.03$0.06$229.58 million$243.21 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)
2017 EPS Consensus Estimate: ($0.87)
2018 EPS Consensus Estimate: ($0.36)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.33)($0.23)($0.28)
Q2 20172($0.26)($0.21)($0.24)
Q3 20172($0.21)($0.17)($0.19)
Q4 20172($0.17)($0.15)($0.16)
Q1 20181($0.14)($0.14)($0.14)
Q2 20181($0.09)($0.09)($0.09)
Q3 20181($0.07)($0.07)($0.07)
Q4 20181($0.06)($0.06)($0.06)
Q1 20191($0.04)($0.04)($0.04)
(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 and Institutional Ownership History for Parker Drilling Company (NYSE:PKD)
Insider Ownership Percentage: 3.55%
Institutional Ownership Percentage: 65.50%
Insider Trades by Quarter for Parker Drilling Company (NYSE:PKD)
Institutional Ownership by Quarter for Parker Drilling Company (NYSE:PKD)
Insider Trades by Quarter for Parker Drilling Company (NYSE:PKD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/24/2017Peter Thomas FontanaDirectorBuy160,000$1.90$304,000.00View SEC Filing  
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

Headline Trends for Parker Drilling Company (NYSE:PKD)
Latest Headlines for Parker Drilling Company (NYSE:PKD)
Source:
DateHeadline
americanbankingnews.com logoCritical Contrast: Patterson-UTI Energy (PTEN) and Parker Drilling (PKD)
www.americanbankingnews.com - October 18 at 8:18 PM
americanbankingnews.com logoParker Drilling Company (PKD) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - October 18 at 5:16 AM
theglobeandmail.com logoContra Guys: While tempting on the surface, Parker Drilling’s risks outweigh the possible rewards
www.theglobeandmail.com - October 17 at 9:06 PM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : October 16, 2017
finance.yahoo.com - October 17 at 6:19 AM
americanbankingnews.com logoParker Drilling Company (PKD) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 8 at 1:16 PM
seekingalpha.com logoParker Drilling (PKD) Presents At Deutsche Bank's 25th Annual Leveraged Finance Conference - Slideshow
seekingalpha.com - October 5 at 9:25 PM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : October 5, 2017
finance.yahoo.com - October 5 at 4:24 PM
nasdaq.com logoEnergy Sector Update for 09/27/2017: BW,PKD,YUMA - Nasdaq
www.nasdaq.com - September 27 at 11:02 PM
prnewswire.com logoHow These Oil & Gas Stocks are Performing? -- Parker Drilling, Precision Drilling, RPC Inc., and TechnipFMC - PR Newswire (press release)
www.prnewswire.com - September 27 at 11:02 PM
streetinsider.com logoParker Drilling (PKD) Names CFO - StreetInsider.com
www.streetinsider.com - September 27 at 11:02 PM
seekingalpha.com logoParker Drilling (PKD) Presents At Johnson Rice & Company 2017 Energy Conference - Slideshow
seekingalpha.com - September 27 at 6:00 PM
reuters.com logoBRIEF-Parker Drilling announces appointment of chief financial officer
www.reuters.com - September 25 at 11:43 AM
seekingalpha.com logoParker Drilling (PKD) Presents At Barclays CEO Energy-Power Conference - Slideshow
seekingalpha.com - September 25 at 11:43 AM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : September 25, 2017
finance.yahoo.com - September 25 at 11:43 AM
americanbankingnews.com logoParker Drilling (PKD) versus The Competition Head-To-Head Review
www.americanbankingnews.com - September 24 at 12:20 AM
americanbankingnews.com logoAnalyzing Parker Drilling (PKD) and Its Rivals
www.americanbankingnews.com - September 20 at 12:16 AM
americanbankingnews.com logoParker Drilling (PKD) vs. The Competition Head-To-Head Contrast
www.americanbankingnews.com - September 14 at 10:22 PM
americanbankingnews.com logoParker Drilling (PKD) and Its Peers Head-To-Head Analysis
www.americanbankingnews.com - September 14 at 10:22 PM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : September 13, 2017
finance.yahoo.com - September 14 at 9:15 AM
americanbankingnews.com logoParker Drilling (PKD) vs. Its Peers Financial Review
www.americanbankingnews.com - September 14 at 12:26 AM
americanbankingnews.com logoParker Drilling Company (PKD) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 3:16 PM
finance.yahoo.com logoParker Drilling Co. :PKD-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017
finance.yahoo.com - September 12 at 8:38 AM
americanbankingnews.com logoParker Drilling (PKD) & its Peers Critical Survey
www.americanbankingnews.com - September 11 at 10:40 AM
americanbankingnews.com logoAnalyzing Atwood Oceanics (ATW) and Parker Drilling (PKD)
www.americanbankingnews.com - September 3 at 12:16 AM
americanbankingnews.com logoReviewing Pacific Drilling (PACD) & Parker Drilling (PKD)
www.americanbankingnews.com - August 24 at 1:18 PM
prnewswire.com logoParker Drilling Announces Director Retirement
www.prnewswire.com - August 22 at 5:35 AM
americanbankingnews.com logoParker Drilling Company (PKD) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 19 at 1:14 PM
americanbankingnews.com logoComparing Parker Drilling (PKD) and Rowan Companies PLC (RDC)
www.americanbankingnews.com - August 17 at 12:14 AM
seekingalpha.com logoParker Drilling's (PKD) CEO Gary Rich on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 9 at 6:26 AM
americanbankingnews.com logoSeaport Global Securities Reaffirms "Neutral" Rating for Parker Drilling Company (NYSE:PKD)
www.americanbankingnews.com - August 8 at 7:00 AM
finance.yahoo.com logoEdited Transcript of PKD earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 7:03 AM
finance.yahoo.com logoParker Drilling Announces September 2017 Mandatory Convertible Preferred Stock Dividend
finance.yahoo.com - August 4 at 7:03 AM
finance.yahoo.com logoParker Drilling Reports 2017 Second Quarter Results
finance.yahoo.com - August 3 at 6:55 AM
finance.yahoo.com logoParker Drilling Reports 2017 Second Quarter Results
finance.yahoo.com - August 3 at 6:55 AM
finance.yahoo.com logoParker Drilling reports 2Q loss
finance.yahoo.com - August 3 at 6:55 AM
finance.yahoo.com logoParker Drilling reports 2Q loss
finance.yahoo.com - August 3 at 6:55 AM
americanbankingnews.com logoParker Drilling Company (PKD) Issues Earnings Results
www.americanbankingnews.com - August 3 at 12:26 AM
americanbankingnews.com logoReviewing Parker Drilling (NYSE:PKD) and Transocean Partners (RIGP)
www.americanbankingnews.com - August 1 at 2:08 PM
americanbankingnews.com logoParker Drilling Company (NYSE:PKD) to Release Earnings on Wednesday
www.americanbankingnews.com - July 27 at 2:39 PM
americanbankingnews.com logoParker Drilling Company (PKD) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 25 at 12:52 PM
bizjournals.com logoParker Drilling Announces Second Quarter 2017 Earnings Release and Conference Call Schedule
www.bizjournals.com - July 21 at 6:11 AM
reuters.com logoBRIEF-Parker Drilling files for mixed shelf offering of up to $1 bln - SEC Filing
www.reuters.com - July 12 at 6:58 AM
seekingalpha.com logoAre Airlines The New Banks?
seekingalpha.com - July 9 at 3:30 PM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : July 7, 2017
finance.yahoo.com - July 8 at 1:36 PM
bizjournals.com logoHalliburton hires Parker Drilling CFO Christopher Weber to replace ... - Houston Business Journal
www.bizjournals.com - June 14 at 12:23 AM
seekingalpha.com logoHalliburton names Parker Drilling's Weber as its new CFO
seekingalpha.com - June 13 at 7:22 PM
reuters.com logoBRIEF-Parker Drilling announces departure of CFO
www.reuters.com - June 13 at 7:22 PM
thestreet.com logoHalliburton Appoints Parker Drilling's Weber as CFO - TheStreet.com
www.thestreet.com - June 13 at 10:26 AM
streetinsider.com logoParker Drilling (PKD) Chief Financial Officer Christoper Weber Departing June 21 for EVP & CFO Post at Haliburton ... - StreetInsider.com
www.streetinsider.com - June 12 at 6:52 PM
prnewswire.com logoTechnical Insights on Oil and Gas Stocks -- Parker Drilling, MRC Global, Newpark Resources, and Oil States Intl.
www.prnewswire.com - June 5 at 8:17 AM

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Chart

Parker Drilling Company (PKD) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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