News stories about Parker Drilling (NYSE:PKD) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public 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 0.06 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 46.0482752361992 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Parker Drilling (PKD) traded up $0.02 on Monday, reaching $1.35. The company’s stock had a trading volume of 1,035,800 shares, compared to its average volume of 878,556. The company has a debt-to-equity ratio of 1.78, a quick ratio of 3.02 and a current ratio of 3.39. Parker Drilling has a 12-month low of $0.85 and a 12-month high of $2.80. The company has a market capitalization of $187.51, a PE ratio of -1.25 and a beta of 1.51.
Parker Drilling (NYSE:PKD) last released its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported ($0.15) earnings per share for the quarter, beating the Thomson Reuters’ 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 business had revenue of $118.31 million for the quarter, compared to analysts’ expectations of $119.80 million. During the same quarter in the previous year, the business posted ($0.37) EPS. Parker Drilling’s revenue for the quarter was up 21.7% on a year-over-year basis. equities analysts expect that Parker Drilling will post -0.85 earnings per share for the current fiscal year.
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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