NYSE:PKD - Parker Drilling Stock Price, Price Target & More

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$0.3517 0.00 (0.00 %)
(As of 06/20/2018 08:54 AM ET)
Previous Close$0.3511
Today's Range$0.3369 - $0.3570
52-Week Range$0.34 - $1.44
Volume1.35 million shs
Average Volume1.29 million shs
Market Capitalization$48.94 million
P/E Ratio-0.42
Dividend YieldN/A
Beta1.71
Parker Drilling logoParker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. It operates through two business lines, Drilling Services and Rental Tools Services. The Drilling Services business line drills oil, natural gas, and geothermal wells with company-owned rigs and customer-owned rigs; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas. This business line also provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas. The Rental Tools Services business line offers rental equipment, such as standard and heavy-weight drill pipes, tubing, drill collars, and others; pressure control equipment, including blow-out preventers; well construction services, such as tubular running services and downhole tools; well intervention services comprising whipstock, fishing products, and related services; and inspection and machine shop support services for exploration and production companies, drilling contractors, and service companies on land and offshore. The company serves independent and national oil and natural gas exploration and production companies, and integrated service providers in the United States, Russia and other Commonwealth of Independent States countries, Europe, the Middle East, Africa, Asia, Latin America, and other countries. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:PKD
CUSIP70108110
Phone281-406-2000

Debt

Debt-to-Equity Ratio2.17
Current Ratio3.14
Quick Ratio2.81

Price-To-Earnings

Trailing P/E Ratio-0.42
Forward P/E Ratio-0.48
P/E GrowthN/A

Sales & Book Value

Annual Sales$442.52 million
Price / Sales0.11
Cash Flow$0.0810 per share
Price / Cash4.34
Book Value$2.13 per share
Price / Book0.17

Profitability

EPS (Most Recent Fiscal Year)($0.84)
Net Income$-118,700,000.00
Net Margins-23.72%
Return on Equity-32.58%
Return on Assets-9.65%

Miscellaneous

Employees2,266
Outstanding Shares139,390,000

Parker Drilling (NYSE:PKD) Frequently Asked Questions

What is Parker Drilling's stock symbol?

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

How were Parker Drilling's earnings last quarter?

Parker Drilling (NYSE:PKD) issued its quarterly earnings results on Tuesday, May, 1st. The oil and gas company reported ($0.21) EPS for the quarter, hitting the consensus estimate of ($0.21). The oil and gas company earned $109.68 million during the quarter, compared to analyst estimates of $109.80 million. Parker Drilling had a negative net margin of 23.72% and a negative return on equity of 32.58%. View Parker Drilling's Earnings History.

When is Parker Drilling's next earnings date?

Parker Drilling is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Parker Drilling.

Who are some of Parker Drilling's key competitors?

Who are Parker Drilling's key executives?

Parker Drilling's management team includes the folowing people:
  • Mr. Gary G. Rich, Chairman, Pres & CEO (Age 59)
  • Mr. Michael W. Sumruld, Sr. VP & CFO (Age 47)
  • Mr. Jon-Al Duplantier, Pres of Rental Tools and Well Services (Age 51)
  • Mr. Bryan Ray Collins, Pres of Drilling Operations (Age 51)
  • Mr. Nathaniel C. Dockray, Chief Accounting Officer and Director of Tax & Financial Planning & Analysis (Age 38)

Has Parker Drilling been receiving favorable news coverage?

News stories about PKD stock have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Parker Drilling earned a daily sentiment score of 0.14 on Accern's scale. They also gave news stories about the oil and gas company an impact score of 47.02 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Parker Drilling's major shareholders?

Parker Drilling's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Towle & Co. (7.50%), Dimensional Fund Advisors LP (6.52%), Saba Capital Management L.P. (6.47%), Donald Smith & CO. Inc. (3.15%), JPMorgan Chase & Co. (1.57%) and California Public Employees Retirement System (0.55%). Company insiders that own Parker Drilling stock include Gary G Rich, Leslie K Nagy, Peter Thomas Fontana, Philip L Agnew and Rudolph R Reinfrank. View Institutional Ownership Trends for Parker Drilling.

Which major investors are selling Parker Drilling stock?

PKD stock was sold by a variety of institutional investors in the last quarter, including Towle & Co., JPMorgan Chase & Co., Dimensional Fund Advisors LP, California Public Employees Retirement System and Donald Smith & CO. Inc.. View Insider Buying and Selling for Parker Drilling.

Which major investors are buying Parker Drilling stock?

PKD stock was bought by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Mutual Advisors LLC and Cubist Systematic Strategies LLC. Company insiders that have bought Parker Drilling stock in the last two years include Gary G Rich and Peter Thomas Fontana. View Insider Buying and Selling for Parker Drilling.

How do I buy shares of Parker Drilling?

Shares of PKD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Parker Drilling's stock price today?

One share of PKD stock can currently be purchased for approximately $0.3517.

How big of a company is Parker Drilling?

Parker Drilling has a market capitalization of $48.94 million and generates $442.52 million in revenue each year. The oil and gas company earns $-118,700,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis. Parker Drilling employs 2,266 workers across the globe.

How can I contact Parker Drilling?

Parker Drilling's mailing address is 5 GREENWAY PLAZA SUITE 100, HOUSTON TX, 77046. The oil and gas company can be reached via phone at 281-406-2000 or via email at [email protected]


MarketBeat Community Rating for Parker Drilling (PKD)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  430
MarketBeat's community ratings are surveys of what our community members think about Parker Drilling and other stocks. Vote "Outperform" if you believe PKD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PKD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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