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 Equipment & Services
  • Sub-Industry: Oil & Gas Drilling
  • Symbol: NYSE:PKD
  • CUSIP: 70108110
  • Web: www.parkerdrilling.com
Capitalization:
  • Market Cap: $182.2 million
  • Outstanding Shares: 130,142,000
Average Prices:
  • 50 Day Moving Avg: $1.60
  • 200 Day Moving Avg: $2.07
  • 52 Week Range: $1.35 - $2.90
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -4.83
  • P/E Growth: -0.13
Sales & Book Value:
  • Annual Revenue: $394.77 million
  • Price / Sales: 0.46
  • Book Value: $2.87 per share
  • Price / Book: 0.49
Profitability:
  • EBIDTA: $23.86 million
  • 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%
Misc:
  • Average Volume: 1.02 million shs.
  • Beta: 1.46
  • Short Ratio: 2.03
 

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 results on Tuesday, May, 2nd. The company reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.03. The company earned $98.27 million during the quarter, compared to analysts' expectations of $103.70 million. Parker Drilling Company had a negative net margin of 45.16% and a negative return on equity of 28.44%. 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 Monday, July, 31st 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?

7 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 stock price to reach $3.13 in the next year. View Analyst Ratings for Parker Drilling Company.

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

Who owns Parker Drilling Company stock?

Parker Drilling Company's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.40%), HIGHBRIDGE CAPITAL MANAGEMENT LLC (7.01%), FMR LLC (5.73%), BRIGADE CAPITAL MANAGEMENT, LP (5.20%), Vanguard Group Inc. (4.59%) and Donald Smith & CO. Inc. (3.91%). Company insiders that own Parker Drilling Company stock include Gary G Rich, Gary R King, Jon-Al Duplantier, Leslie K Nagy, Peter Thomas Fontana, Philip L Agnew and Rudolph R Reinfrank. View Institutional Ownership Trends for Parker Drilling Company.

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 RBF Capital LLC, TIAA CREF Investment Management LLC, LSV Asset Management, Acadian Asset Management LLC, Morgan Stanley, Credit Suisse AG, Goldman Sachs Group Inc. and Teachers Advisors LLC. Company insiders that have sold Parker Drilling Company stock in the last year include Gary R King, Leslie K Nagy, Philip L Agnew and Rudolph R Reinfrank. View Insider Buying and Selling for Parker Drilling Company.

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

Parker Drilling Company's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Donald Smith & CO. Inc., Sanders Morris Harris Inc., JPMorgan Chase & Co., Shell Asset Management Co., Renaissance Technologies LLC, Vanguard Group Inc. and Wilsey Asset Management Inc.. Company insiders that have bought Parker Drilling Company stock in the last two years include Gary G Rich and Peter Thomas Fontana. View Insider Buying and Selling for Parker Drilling Company.

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 $1.40.

Analyst Ratings

Consensus Ratings for Parker Drilling Company (NYSE:PKD) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $3.13 (123.21% upside)

Analysts' Ratings History for Parker Drilling Company (NYSE:PKD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
8/19/2016Seaport Global SecuritiesReiterated RatingNeutralN/AView Rating Details
1/21/2016StephensLower Price Target$3.00 -> $1.50N/AView Rating Details
9/23/2015SidotiUpgradeNeutral -> Buy$5.00N/AView Rating Details
(Data available from 5/26/2015 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
7/31/2017        
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: ($0.84)
2018 EPS Consensus Estimate: ($0.21)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.33)($0.23)($0.28)
Q2 20172($0.26)($0.21)($0.24)
Q3 20172($0.19)($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 and Institutional Ownership History for Parker Drilling Company (NYSE:PKD)
Insider Ownership Percentage: 3.68%
Institutional Ownership Percentage: 64.07%
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
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : May 23, 2017
finance.yahoo.com - May 23 at 6:41 PM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : May 11, 2017
finance.yahoo.com - May 11 at 7:41 PM
finance.yahoo.com logoParker Drilling Announces June 2017 Mandatory Convertible Preferred Stock Dividend
finance.yahoo.com - May 9 at 6:49 PM
finance.yahoo.com logoParker Drilling Co. :PKD-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 11:06 AM
americanbankingnews.com logoParker Drilling Company (PKD) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 9 at 8:02 AM
americanbankingnews.com logoParker Drilling Company (PKD) Lifted to "Neutral" at Macquarie
www.americanbankingnews.com - May 9 at 7:56 AM
americanbankingnews.com logoParker Drilling Company (PKD) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 4 at 7:38 PM
finance.yahoo.com logoEdited Transcript of PKD earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 4 at 12:48 AM
reuters.com logoBRIEF-Parker Drilling Q1 loss per share $0.31 including items
www.reuters.com - May 3 at 7:46 PM
seekingalpha.com logoParker Drilling's (PKD) CEO Gary G. Rich on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 7:46 PM
marketbeat.com logoParker Drilling reports 1Q loss
marketbeat.com - May 3 at 5:16 AM
finance.yahoo.com logoParker Drilling Reports 2017 First Quarter Results
finance.yahoo.com - May 2 at 5:03 PM
americanbankingnews.com logoParker Drilling Company (PKD) Getting Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 12:58 AM
americanbankingnews.com logoParker Drilling Company (PKD) Earns Daily Coverage Optimism Rating of 0.24
www.americanbankingnews.com - April 25 at 7:49 PM
finance.yahoo.com logoParker Drilling Announces First Quarter 2017 Earnings Release and Conference Call Schedule
finance.yahoo.com - April 20 at 7:20 PM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : April 19, 2017
finance.yahoo.com - April 19 at 7:13 PM
marketwatch.com logoTechnical Reports on Oil & Gas Equities -- Parker Drilling, MRC Global, CARBO Ceramics, and Newpark Resources
www.marketwatch.com - April 19 at 9:52 AM
americanbankingnews.com logoParker Drilling Company (PKD) Getting Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 11:29 PM
americanbankingnews.com logoParker Drilling Company (PKD) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 14 at 8:54 AM
finance.yahoo.com logoETFs with exposure to Parker Drilling Co. : April 7, 2017
finance.yahoo.com - April 7 at 7:37 PM
finance.yahoo.com logoWill Parker Drilling (PKD) Continue to Surge Higher?
finance.yahoo.com - April 7 at 11:55 AM
americanbankingnews.com logoParker Drilling Company (PKD) Raised to "Buy" at Tudor Pickering
www.americanbankingnews.com - April 3 at 10:43 PM
americanbankingnews.com logoTudor Pickering Begins Coverage on Parker Drilling Company (PKD)
www.americanbankingnews.com - March 29 at 8:26 AM
finance.yahoo.com logoMedically Minded, Inc. Announces It Has Filed to Restore its Good Standing and The Addition of a Key Board Advisor
finance.yahoo.com - March 28 at 9:44 AM
americanbankingnews.com logoParker Drilling Company (PKD) Receives New Coverage from Analysts at Tudor Pickering
www.americanbankingnews.com - March 23 at 1:31 PM
americanbankingnews.com logoParker Drilling Company (PKD) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - March 20 at 12:37 PM
prnewswire.com logoHow These Oil and Gas Stocks are Faring? -- Parker Drilling, Eco-Stim Energy Solutions, Archrock, and PEDEVCO
www.prnewswire.com - March 16 at 8:33 AM
reuters.com logoBRIEF-Parker Drilling says amended and restated company's by-laws
www.reuters.com - March 14 at 6:44 PM
biz.yahoo.com logoPARKER DRILLING CO /DE/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financia
us.rd.yahoo.com - March 14 at 6:44 PM
americanbankingnews.com logoParker Drilling Company (PKD) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - March 12 at 7:50 PM
fool.com logoThe Rig Market Is Looking Up, but These Rig Stocks Dropped in February
www.fool.com - March 3 at 9:29 AM
biz.yahoo.com logoPARKER DRILLING CO /DE/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Material Modification to Righ
biz.yahoo.com - February 28 at 2:48 PM
finance.yahoo.com logoPARKER DRILLING CO /DE/ Financials
finance.yahoo.com - February 24 at 8:23 PM
seekingalpha.com logoParker Drilling Announces 2 Separate Financings For Net Total Proceeds Up To $82M
seekingalpha.com - February 23 at 7:20 PM
seekingalpha.com logoParker Drilling to launch 12M-share offering - Seeking Alpha
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
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
feeds.benzinga.com - February 22 at 4:22 PM
fool.com logoHere’s Why Parker Drilling Company’s Stock Is Plunging Today
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
finance.yahoo.com - February 22 at 9:19 AM
marketwatch.com logoParker Drilling's stock sinks after public stock offering
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
finance.yahoo.com - February 22 at 9:19 AM
reuters.com logoBRIEF-Parker Drilling announces public offerings of common stock
www.reuters.com - February 21 at 5:37 PM
biz.yahoo.com logoPARKER DRILLING CO /DE/ Files SEC form 10-K, Annual Report
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
finance.yahoo.com - February 21 at 5:37 PM
reuters.com logoBRIEF-Parker Drilling posts Q4 adj. loss per share $0.33
www.reuters.com - February 16 at 6:51 PM
biz.yahoo.com logoQ4 2016 Parker Drilling Co Earnings Release - After Market Close
us.rd.yahoo.com - February 16 at 6:51 PM
us.rd.yahoo.com logoParker Drilling Reports 2016 Fourth Quarter Results
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
seekingalpha.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
biz.yahoo.com - February 16 at 6:51 PM
finance.yahoo.com logoParker Drilling Announces Fourth Quarter 2016 Earnings Release and Conference Call Schedule
finance.yahoo.com - February 2 at 8:13 PM

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Parker Drilling Company (PKD) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff