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

$0.6051 +0.01 (+1.68 %)

(As of 04/19/2018 04:00 PM ET)

Previous Close$0.6051

Today's Range$0.5951 - $0.6364

52-Week Range$0.49 - $1.70

Volume759,762 shs

Average Volume927,634 shs

Market Capitalization$81.96 million

P/E Ratio-0.72

Dividend YieldN/A

Beta1.82

About Parker Drilling (NYSE:PKD)

Parker 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

Webwww.parkerdrilling.com

Phone281-406-2000

Debt

Debt-to-Equity Ratio1.96%

Current Ratio3.07%

Quick Ratio2.76%

Price-To-Earnings

Trailing P/E Ratio-0.72

Forward P/E Ratio-0.99

P/E GrowthN/A

Sales & Book Value

Annual Sales$442.52 million

Price / Sales0.19

Cash Flow$0.0829 per share

Price / Cash7.30

Book Value$2.13 per share

Price / Book0.28

Profitability

EPS (Most Recent Fiscal Year)($0.84)

Net Income$-118,700,000.00

Net Margins-26.82%

Return on Equity-33.28%

Return on Assets-10.27%

Miscellaneous

Employees2,266

Outstanding Shares138,910,000

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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) released its quarterly earnings results on Wednesday, February, 14th. The oil and gas company reported ($0.16) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.17) by $0.01. The oil and gas company had revenue of $116.30 million for the quarter, compared to the consensus estimate of $112.22 million. Parker Drilling had a negative net margin of 26.82% and a negative return on equity of 33.28%. The company's quarterly revenue was up 23.7% on a year-over-year basis. During the same period last year, the firm earned ($0.39) earnings per share. 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 Tuesday, May, 1st 2018. View Earnings Estimates for Parker Drilling.

Who are some of Parker Drilling's key competitors?

Some companies that are related to Parker Drilling include Independence Contract (ICD), Profire Energy (PFIE), Pacific Ethanol (PEIX), Hydrogenics (HYGS), Dawson Geophysical (DWSN), Stanley (SXE), Hornbeck Offshore Services (HOS), Gulf Island Fabrication (GIFI), Ranger Energy Services (RNGR), Lonestar Resources US (LONE), Enduro Royalty Trust (NDRO), Seadrill (SDRL), Transglobe Energy (TGA), SandRidge Permian Trust (PER), MV Oil Trust (MVO), ReneSola (SOL), VOC Energy Trust (VOC) and Pacific Coast Oil Trust (ROYT).

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?

Media headlines about PKD stock have trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Parker Drilling earned a media sentiment score of 0.17 on Accern's scale. They also gave press coverage about the oil and gas company an impact score of 46.42 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 $0.6051.

How big of a company is Parker Drilling?

Parker Drilling has a market capitalization of $81.96 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 ( )
Outperform Votes:		170 (Vote Outperform)
Underperform Votes:		217 (Vote Underperform)
Total Votes:		387

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.

Parker Drilling (NYSE:PKD) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

2 Wall Street analysts have issued ratings and price targets for Parker Drilling in the last 12 months. There are currently 2 hold ratings for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Hold	Buy
Consensus Rating Score:	2.00	2.33	2.33	2.50
Ratings Breakdown:	0 Sell Rating(s) 2 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	N/A	N/A	N/A	$4.00
Price Target Upside:	N/A	N/A	N/A	207.69% upside

Parker Drilling (NYSE:PKD) Consensus Price Target History

Price Target History for Parker Drilling (NYSE:PKD)

Parker Drilling (NYSE:PKD) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
8/4/2017	Seaport Global Securities	Reiterated Rating	Neutral		High
5/9/2017	Macquarie	Upgrade	Underperform -> Neutral		Medium
4/3/2017	Tudor Pickering	Upgrade	Hold -> Buy		Medium
11/7/2016	Nomura	Reiterated Rating	Buy	$4.00	N/A
10/5/2016	DA Davidson	Initiated Coverage	Buy	$3.50	N/A
8/31/2016	Edward Jones	Upgrade	Hold -> Buy		N/A
8/23/2016	Evercore ISI	Reiterated Rating	Buy	$3.50	N/A

(Data available from 4/19/2016 forward)

Parker Drilling (NYSE:PKD) Earnings History and Estimates Chart

Earnings by Quarter for Parker Drilling (NYSE:PKD)

Parker Drilling (NYSE:PKD) Earnings Estimates

2018 EPS Consensus Estimate: ($0.61)
2019 EPS Consensus Estimate: ($0.02)

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	1	($0.21)	($0.21)	($0.21)
Q2 2018	1	($0.16)	($0.16)	($0.16)
Q3 2018	1	($0.14)	($0.14)	($0.14)
Q4 2018	1	($0.10)	($0.10)	($0.10)
Q1 2019	1	($0.06)	($0.06)	($0.06)
Q2 2019	1	($0.02)	($0.02)	($0.02)
Q3 2019	1	$0.02	$0.02	$0.02
Q4 2019	1	$0.04	$0.04	$0.04

Parker Drilling (NYSE PKD) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/1/2018		($0.17)					N/A
2/14/2018	Q4 2017	($0.17)	($0.16)	$112.22 million	$116.30 million	View	Listen
11/1/2017	Q3 2017	($0.21)	($0.15)	$119.80 million	$118.31 million	View	N/A
8/2/2017	Q2 2017	($0.2660)	($0.23)	$112.25 million	$109.60 million	View	Listen
5/2/2017	Q1 2017	($0.3370)	($0.3080)	$103.70 million	$98.27 million	View	Listen
2/15/2017	Q4 2016	($0.38)	($0.33)	$96.20 million	$94.03 million	View	N/A
10/27/2016	Q316	($0.42)	($0.37)	$92.86 million	$97.19 million	View	N/A
8/2/2016	Q216	($0.35)	($0.32)	$105.80 million	$105.30 million	View	N/A
5/3/2016	Q1	($0.21)	($0.18)	$124.59 million	$143.90 million	View	N/A
2/17/2016	Q4 2015	($0.17)	($0.19)	$147.30 million	$148.75 million	View	N/A
11/3/2015	Q315	($0.13)	($0.10)	$167.56 million	$173.40 million	View	N/A
8/4/2015	Q215	($0.12)	($0.10)	$159.60 million	$185.94 million	View	N/A
5/5/2015	Q115	($0.03)	$0.03	$208.90 million	$204.08 million	View	N/A
2/18/2015	Q414	$0.03	$0.06	$229.58 million	$243.21 million	View	N/A
11/6/2014	Q314	$0.11	$0.10	$251.67 million	$242.00 million	View	N/A
8/6/2014	Q2	$0.10	$0.12	$245.59 million	$254.20 million	View	N/A
5/8/2014	Q114	$0.03	$0.04	$226.70 million	$229.30 million	View	N/A
2/26/2014	Q413	$0.11	$0.10	$243.83 million	$243.32 million	View	N/A
11/6/2013	Q313	$0.09	$0.12	$233.25 million	$237.80 million	View	N/A
8/1/2013	Q2 2013	$0.07	$0.14	$234.60 million	$226.00 million	View	N/A
5/1/2013	Q1 2013	$0.01	$0.03	$166.10 million	$167.16 million	View	N/A
2/21/2013	Q4 2012	$0.05	($0.03)	$155.35 million	$157.19 million	View	N/A
11/1/2012	Q312	$0.10	$0.10	$168.65 million	$165.30 million	View	N/A
8/2/2012		$0.19	$0.18			View	N/A
5/2/2012		$0.17	$0.22			View	N/A
2/23/2012		$0.17	$0.17			View	N/A
11/3/2011		$0.13	$0.18			View	N/A
8/4/2011		$0.08	$0.14			View	N/A
5/4/2011		$0.06	$0.05			View	N/A
2/23/2011		$0.05	$0.01			View	N/A
11/3/2010	Q3 2010	$0.04	$0.01			View	N/A
8/5/2010	Q2 2010	$0.04	$0.04			View	N/A
5/5/2010	Q1 2010		$0.02			View	N/A
11/3/2009	Q3 2009	$0.01	$0.04			View	N/A
7/31/2009	Q2 2009	$0.04	$0.06			View	N/A
5/6/2009	Q1 2009	$0.02	$0.05			View	N/A
2/24/2009	Q4 2008	$0.15	$0.27			View	N/A
11/5/2008	Q3 2008	$0.22	$0.20			View	N/A
8/5/2008	Q2 2008	$0.20	$0.20			View	N/A
5/6/2008	Q1 2008	$0.18	$0.18			View	N/A
2/26/2008	Q4 2007	$0.22	$0.31			View	N/A

(Earnings results data provided by Zacks Investment Research)

Parker Drilling (NYSE:PKD) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Parker Drilling (NYSE PKD) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 3.26%
Institutional Ownership Percentage: 65.24%

Insider Trading History for Parker Drilling (NYSE:PKD)

Parker Drilling (NYSE PKD) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/24/2017	Peter Thomas Fontana	Director	Buy	160,000	$1.90	$304,000.00	168,021
12/12/2016	Philip L Agnew	VP	Sell	18,387	$2.80	$51,483.60	196,377
12/8/2016	Rudolph R Reinfrank	Director	Sell	40,000	$2.43	$97,200.00	117,591
12/6/2016	Leslie K Nagy	Insider	Sell	2,000	$2.37	$4,740.00	36,971
9/1/2016	Gary G Rich	Chairman	Buy	80,000	$2.18	$174,400.00	719,903
6/3/2016	Gary R King	Director	Sell	6,400	$2.20	$14,080.00	114,503
5/20/2016	Jon-Al Duplantier	CAO	Sell	10,000	$2.17	$21,700.00	319,721
4/1/2016	Jon-Al Duplantier	CAO	Sell	15,000	$2.03	$30,450.00	309,143
3/14/2016	Jon-Al Duplantier	CAO	Sell	6,500	$1.92	$12,480.00	277,793
2/24/2016	Gary G Rich	CEO	Buy	40,000	$1.28	$51,200.00	435,648
12/14/2015	Leslie K Nagy	Insider	Sell	2,071	$2.15	$4,452.65	20,000
11/16/2015	Leslie K Nagy	Insider	Sell	2,000	$2.65	$5,300.00	22,071
11/6/2015	Jon-Al Duplantier	CAO	Sell	20,000	$2.85	$57,000.00	212,076
8/18/2015	Jon-Al Duplantier	CAO	Sell	20,000	$2.82	$56,400.00	232,076
12/1/2014	Roger B Plank	Director	Buy	10,000	$3.28	$32,800.00
11/19/2014	Roger B Plank	Director	Buy	10,000	$3.90	$39,000.00
11/13/2014	Gary G Rich	CEO	Buy	26,000	$3.94	$102,440.00
11/8/2013	Rudolph Reinfrank	Director	Sell	25,000	$8.27	$206,750.00	84,478

(Data available from 1/1/2013 forward)

Parker Drilling (NYSE PKD) News Headlines

Source:

Date	Headline
	Parker Drilling Announces First Quarter 2018 Earnings Release and Conference Call Schedule finance.yahoo.com - April 13 at 10:21 AM
	Parker Drilling Is It Cheap Enough? seekingalpha.com - April 10 at 4:09 PM
	Parker Drilling (PKD) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - April 9 at 5:16 PM
	What's Happening With These Oil & Gas Stocks? -- Dril-Quip, Oceaneering, Oil States, and Parker Drilling www.prnewswire.com - April 5 at 4:09 PM
	Seadrill Partners (SDLP) vs. Parker Drilling (PKD) Financial Survey www.americanbankingnews.com - March 29 at 3:24 AM
	Parker Drilling (PKD) Receives Consensus Recommendation of "Hold" from Brokerages www.americanbankingnews.com - March 12 at 3:10 AM
	Zacks Investment Research Lowers Parker Drilling (PKD) to Sell www.americanbankingnews.com - March 10 at 9:54 PM
	Parker Drilling to Post Q1 2018 Earnings of ($0.21) Per Share, Seaport Global Securities Forecasts (PKD) www.americanbankingnews.com - March 7 at 7:55 AM
	Parker Drilling (PKD) Holdings Boosted by Towle & Co. www.americanbankingnews.com - March 5 at 2:24 PM
	Parker Drilling Announces March 2018 Mandatory Convertible Preferred Stock Dividend finance.yahoo.com - February 28 at 4:40 PM
	Parker Drilling (PKD) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - February 15 at 9:32 PM
	Parker Drilling (PKD) Downgraded by Evercore ISI to Outperform www.americanbankingnews.com - February 15 at 8:32 PM
	Parker Drilling Company to Host Earnings Call finance.yahoo.com - February 15 at 4:18 PM
	Parker Drilling beats by $0.01, beats on revenue seekingalpha.com - February 15 at 9:00 AM
	Parker Drilling Reports 2017 Fourth Quarter Results and Amendment to Credit Facility finance.yahoo.com - February 15 at 9:00 AM
	Parker Drilling (PKD) Posts Earnings Results www.americanbankingnews.com - February 14 at 10:44 PM
	Earnings Preview For Parker Drilling feeds.benzinga.com - February 14 at 11:45 AM
	Parker Drilling (PKD) to Release Quarterly Earnings on Wednesday www.americanbankingnews.com - February 7 at 1:56 AM
	Moody's: Liquidity-Stress Indicator rises from record low in January finance.yahoo.com - February 2 at 4:53 PM
	Parker Drilling (PKD) Regains Compliance with NYSE Continued Listing Requirements - StreetInsider.com www.streetinsider.com - February 2 at 8:54 AM
	Parker Drilling Regains Compliance with NYSE Continued Listing Requirements finance.yahoo.com - February 1 at 4:41 PM
	Parker Drilling Schedules 2018 Annual Stockholders' Meeting finance.yahoo.com - January 30 at 4:43 PM
	Parker Drilling Announces Fourth Quarter 2017 Earnings Release and Conference Call Schedule finance.yahoo.com - January 24 at 9:17 AM
	Parker Drilling Company -- Moody's downgrades Parker Drilling's CFR to Caa1; negative outlook finance.yahoo.com - January 18 at 11:10 AM
	Parker Drilling's 2020 Bonds Yielding 8.8% - Seeking Alpha seekingalpha.com - January 16 at 10:14 AM
	The Zacks Analyst Blog Highlights: Transocean, Parker Drilling, Noble, Rowan and BP finance.yahoo.com - January 15 at 10:05 AM
	2017 was a banner year for stocks — Here's how the biggest Houston public cos. performed www.bizjournals.com - January 11 at 10:37 AM
	Parker Drilling (PKD) Receives Continued Listing Standard Notice from NYSE - StreetInsider.com www.streetinsider.com - January 7 at 9:54 PM
	Parker Drilling (PKD) Receives Continued Listing Standard Notice from NYSE www.streetinsider.com - January 6 at 10:11 AM
	Parker Drilling Company Receives Continued Listing Standard Notice from NYSE www.prnewswire.com - January 5 at 5:24 PM
	Parker Drilling At The Right Place, Right Price, And Right Time ... - Seeking Alpha seekingalpha.com - January 5 at 10:25 AM
	Offshore drilling shares rise as Trump moves to expand production www.msn.com - January 4 at 4:41 PM
	Pre-Market Technical Scan on Oil & Gas Equities -- Basic Energy Services, Archrock, Parker Drilling, and Hornbeck Offshore Services www.prnewswire.com - January 4 at 7:08 AM
	Head-To-Head Survey: Precision Drilling (PDS) versus Parker Drilling (PKD) www.americanbankingnews.com - December 30 at 5:16 PM
	ETFs with exposure to Parker Drilling Co. : December 27, 2017 finance.yahoo.com - December 27 at 2:36 PM
	Parker Drilling: 12.5% Cash Yield And A Lot More Equals Risky Business - Seeking Alpha seekingalpha.com - December 13 at 4:50 PM
	Parker Drilling Announces December 2017 Mandatory Convertible Preferred Stock Dividend finance.yahoo.com - December 4 at 4:40 PM
	ETFs with exposure to Parker Drilling Co. : December 1, 2017 finance.yahoo.com - December 1 at 5:31 PM
	ETFs with exposure to Parker Drilling Co. : November 20, 2017 finance.yahoo.com - November 21 at 9:21 AM
	Pacific Drilling (PACDQ) and Parker Drilling (PKD) Head-To-Head Analysis www.americanbankingnews.com - November 21 at 8:08 AM
	Ensco Plc (ESV) and Parker Drilling (PKD) Critical Survey www.americanbankingnews.com - November 13 at 11:22 PM
	Reviewing Pioneer Energy Services Corp. (PES) and Parker Drilling (PKD) www.americanbankingnews.com - November 13 at 2:37 PM
	ETFs with exposure to Parker Drilling Co. : November 9, 2017 finance.yahoo.com - November 12 at 11:41 AM
	Pioneer Energy Services Corp. (PES) and Parker Drilling (PKD) Critical Contrast www.americanbankingnews.com - November 12 at 9:52 AM
	Parker Drilling Co. :PKD-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017 finance.yahoo.com - November 9 at 11:35 AM
	Parker Drilling's (PKD) CEO Gary Rich on Q3 2017 Results - Earnings Call Transcript seekingalpha.com - November 4 at 4:40 PM
	Edited Transcript of PKD earnings conference call or presentation 2-Nov-17 3:00pm GMT finance.yahoo.com - November 4 at 8:54 AM
	Parker Drilling Company (PKD) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - November 2 at 2:10 PM
	Parker Drilling Reports 2017 Third Quarter Results finance.yahoo.com - November 2 at 7:45 AM
	Parker Drilling reports 3Q loss finance.yahoo.com - November 2 at 7:45 AM

Parker Drilling (NYSE:PKD) SEC Filings

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Parker Drilling (NYSE:PKD) Income Statement, Balance Sheet and Cash Flow Statement

Parker Drilling (NYSE PKD) Stock Chart for Thursday, April, 19, 2018

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This page was last updated on 4/19/2018 by MarketBeat.com Staff