Parker Drilling (PKD) Getting Somewhat Favorable Press Coverage, Accern Reports
News headlines about Parker Drilling (NYSE:PKD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Parker Drilling earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 47.4615975667867 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Parker Drilling (PKD) traded up $0.02 on Tuesday, hitting $1.36. The stock had a trading volume of 624,700 shares, compared to its average volume of 900,107. Parker Drilling has a 12 month low of $0.85 and a 12 month high of $2.75. 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 capitalization of $186.12, a P/E ratio of -1.26 and a beta of 1.51.
Parker Drilling (NYSE:PKD) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported ($0.15) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.21) by $0.06. Parker Drilling had a negative return on equity of 38.07% and a negative net margin of 33.06%. The company had revenue of $118.31 million for the quarter, compared to analysts’ expectations of $119.80 million. During the same quarter last year, the business earned ($0.37) earnings per share. Parker Drilling’s revenue was up 21.7% on a year-over-year basis. sell-side analysts expect that Parker Drilling will post -0.85 EPS for the current year.
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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