PKDC Stock Overview

Provides contract drilling and drilling-related services, and rental tools and services to the energy industry. More details

PKDC fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 9.6% below our estimate of its fair value

Earnings grew by 30.5% over the past year

Risk Analysis

High level of non-cash earnings

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Parker Drilling Company Competitors

Seadrill

NYSE:SDRL

US$2.4b

Valaris

NYSE:VAL

US$2.9b

Helmerich & Payne

NYSE:HP

US$3.0b

Noble

NYSE:NE

US$4.6b

Price History & Performance

Summary of share price highs, lows and changes for Parker Drilling
Historical stock prices
Current Share Price	US$18.50
52 Week High	US$24.00
52 Week Low	US$9.00
Beta	0.25
1 Month Change	-22.92%
3 Month Change	42.31%
1 Year Change	94.74%
3 Year Change	311.11%
5 Year Change	-13.47%
Change since IPO	19.35%

Recent updates

Shareholder Returns

	PKDC	US Energy Services	US Market
7D	-19.5%	-6.9%	-2.4%
1Y	94.7%	-14.6%	23.3%

Return vs Industry: PKDC exceeded the US Energy Services industry which returned -14.5% over the past year.

Return vs Market: PKDC exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is PKDC's price volatile compared to industry and market?
PKDC volatility
PKDC Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: PKDC's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine PKDC's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1934	2,245	Sandy Esslemont	www.parkerdrilling.com

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.

Parker Drilling Company Fundamentals Summary

How do Parker Drilling's earnings and revenue compare to its market cap?
PKDC fundamental statistics
Market cap	US$278.44m
Earnings (TTM)	US$123.76m
Revenue (TTM)	US$611.82m

2.2x

P/E Ratio

0.5x

P/S Ratio

Is PKDC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PKDC income statement (TTM)
Revenue	US$611.82m
Cost of Revenue	US$435.55m
Gross Profit	US$176.27m
Other Expenses	US$52.51m
Earnings	US$123.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	8.22
Gross Margin	28.81%
Net Profit Margin	20.23%
Debt/Equity Ratio	46.0%

How did PKDC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:40
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Parker Drilling Company is covered by 15 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James West	Barclays
Jeffrey Spittel	Clarksons Platou Securities
Sonny Randhawa	D.A. Davidson & Co.

Parker Drilling OTCPK:PKDC Stock Report