Press coverage about Pacific Drilling SA (NYSE:PACD) has trended somewhat negative recently, according to Accern Sentiment. The research group ranks the sentiment of press 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 -1 to 1, with scores nearest to one being the most favorable. Pacific Drilling SA earned a media sentiment score of -0.15 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 46.1758828677952 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, Zacks Investment Research downgraded shares of Pacific Drilling SA from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th.
Pacific Drilling SA (PACD) traded down 15.9126% during trading on Thursday, reaching $0.3773. 151,805 shares of the company were exchanged. The stock’s market capitalization is $8.05 million. The company’s 50-day moving average price is $0.50 and its 200-day moving average price is $1.46. Pacific Drilling SA has a 1-year low of $0.37 and a 1-year high of $6.89.
Pacific Drilling SA (NYSE:PACD) last announced its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported ($6.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($5.58) by ($0.90). Pacific Drilling SA had a negative net margin of 205.84% and a negative return on equity of 22.13%. The company had revenue of $67.07 million for the quarter. On average, equities analysts forecast that Pacific Drilling SA will post ($23.01) EPS for the current year.
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Pacific Drilling SA Company Profile
Pacific Drilling SA is an international offshore drilling contractor. The Company provides offshore drilling services to the oil and natural gas industry through the use of high-specification rigs. The Company’s primary business is to contract its high-specification rigs, related equipment and work crews, primarily on a day rate basis, to drill wells for its clients.
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