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:
  • Market Cap: $138.26 million
  • Outstanding Shares: 137,833,000
Average Prices:
  • 50 Day Moving Avg: $1.12
  • 200 Day Moving Avg: $1.32
  • 52 Week Range: $0.91 - $2.90
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -3.27
  • P/E Growth: -0.090
Sales & Book Value:
  • Annual Revenue: $399.09 million
  • Price / Sales: 0.34
  • Book Value: $2.49 per share
  • Price / Book: 0.39
  • EBITDA: $29.23 million
  • Net Margins: -41.31%
  • Return on Equity: -43.64%
  • Return on Assets: -13.96%
  • Debt-to-Equity Ratio: 1.68%
  • Current Ratio: 2.94%
  • Quick Ratio: 2.62%
  • Average Volume: 439,446 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) released its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.23) earnings per share for the quarter, topping analysts' consensus estimates of ($0.27) by $0.04. The firm earned $109.60 million during the quarter, compared to the consensus estimate 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 business's revenue 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 Wednesday, November, 1st 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 equities research 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 stock 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 $0.98.

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 (307.33% 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)
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 10/21/2015 forward)


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
11/1/2017($0.21)N/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)


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)


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

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)


Headline Trends for Parker Drilling Company (NYSE:PKD)
Latest Headlines for Parker Drilling Company (NYSE:PKD)
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Parker Drilling Company (PKD) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by Staff

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