Headlines about Parker Drilling (NYSE:PKD) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. 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 0.11 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 46.1316243975755 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Parker Drilling (NYSE PKD) traded up $0.02 during mid-day trading on Friday, reaching $1.35. The company’s stock had a trading volume of 1,035,821 shares, compared to its average volume of 1,050,000. The company has a quick ratio of 3.02, a current ratio of 3.39 and a debt-to-equity ratio of 1.78. The firm has a market cap of $187.51, a price-to-earnings ratio of -1.25 and a beta of 1.51. Parker Drilling has a 52 week low of $0.85 and a 52 week high of $2.85.
Parker Drilling (NYSE:PKD) last posted its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.06. The company had revenue of $118.31 million for the quarter, compared to analyst estimates of $119.80 million. Parker Drilling had a negative return on equity of 38.07% and a negative net margin of 33.06%. Parker Drilling’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.37) EPS. equities analysts anticipate that Parker Drilling will post -0.85 earnings per share for the current fiscal year.
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About Parker Drilling
Parker 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.
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