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Parker Drilling

DB:PAD
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PAD
DB
$107M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
  • Parker Drilling has significant price volatility in the past 3 months.
PAD Share Price and Events
7 Day Returns
0%
DB:PAD
8.3%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-
DB:PAD
-57%
Europe Energy Services
-20.9%
DE Market
PAD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Parker Drilling (PAD) 0% 0% -32.2% - - -
Europe Energy Services 8.3% -32.3% -49.8% -57% -65.5% -87.5%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • No trading data on PAD.
  • No trading data on PAD.
Price Volatility
Industry
5yr Volatility vs Market

PAD Value

 Is Parker Drilling undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Parker Drilling. This is due to cash flow or dividend data being unavailable. The share price is €13.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Parker Drilling's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Parker Drilling's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PAD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-6.15
OTCPK:PKDC Share Price ** OTCPK (2020-02-07) in USD $7.14
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Parker Drilling.

DB:PAD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:PKDC Share Price ÷ EPS (both in USD)

= 7.14 ÷ -6.15

-1.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Parker Drilling is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Parker Drilling is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Parker Drilling's expected growth come at a high price?
Raw Data
DB:PAD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Parker Drilling, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Parker Drilling's assets?
Raw Data
DB:PAD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $23.52
OTCPK:PKDC Share Price * OTCPK (2020-02-07) in USD $7.14
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:PAD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:PKDC Share Price ÷ Book Value per Share (both in USD)

= 7.14 ÷ 23.52

0.3x

* Primary Listing of Parker Drilling.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Parker Drilling is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Parker Drilling's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Parker Drilling has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PAD Future Performance

 How is Parker Drilling expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Parker Drilling expected to grow at an attractive rate?
  • Unable to compare Parker Drilling's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Parker Drilling's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Parker Drilling's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:PAD Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PAD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PAD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 571 1
2020-04-06
DB:PAD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 630 77 -84
2019-09-30 603 35 -125
2019-06-30 566 7 -201
2019-03-31 529 10 -229
2018-12-31 481 -17 -168
2018-09-30 468 28 -155
2018-06-30 463 32 -104
2018-03-31 454 22 -112
2017-12-31 443 7 -122
2017-09-30 420 0 -141
2017-06-30 399 5 -166
2017-03-31 395 11 -175

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Parker Drilling is high growth as no earnings estimate data is available.
  • Unable to determine if Parker Drilling is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PAD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Parker Drilling Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PAD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2020-04-06
DB:PAD Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -6.15
2019-09-30 -10.22
2019-06-30 -18.60
2019-03-31 -24.51
2018-12-31 -18.09
2018-09-30 -16.69
2018-06-30 -11.27
2018-03-31 -12.10
2017-12-31 -13.40
2017-09-30 -15.94
2017-06-30 -19.26
2017-03-31 -20.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Parker Drilling will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Parker Drilling's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Parker Drilling has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PAD Past Performance

  How has Parker Drilling performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Parker Drilling's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Parker Drilling does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Parker Drilling's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Parker Drilling's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Parker Drilling's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Parker Drilling Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PAD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 629.79 -83.74 26.11
2019-09-30 602.66 -124.69 15.30
2019-06-30 565.97 -200.54 23.81
2019-03-31 528.54 -228.96 26.49
2018-12-31 480.82 -168.42 24.55
2018-09-30 468.01 -154.94 34.08
2018-06-30 462.92 -104.30 26.62
2018-03-31 453.92 -111.65 24.84
2017-12-31 442.52 -121.75 25.68
2017-09-30 420.21 -141.08 28.81
2017-06-30 399.09 -166.09 29.20
2017-03-31 394.77 -174.79 30.69
2016-12-31 427.00 -230.81 34.33
2016-09-30 481.73 -217.53 32.15
2016-06-30 557.96 -219.92 33.62
2016-03-31 638.61 -194.13 35.13
2015-12-31 712.18 -95.07 36.19
2015-09-30 806.65 -51.67 36.17
2015-06-30 875.24 9.51 39.39
2015-03-31 943.54 39.22 36.89
2014-12-31 968.68 23.45 35.02
2014-09-30 968.79 25.87 43.53
2014-06-30 964.54 21.27 40.85
2014-03-31 936.26 13.87 44.64
2013-12-31 874.17 27.02 45.53
2013-09-30 787.82 -3.26 54.52
2013-06-30 715.36 -0.29 53.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Parker Drilling has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Parker Drilling has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Parker Drilling improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Parker Drilling's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Parker Drilling has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PAD Health

 How is Parker Drilling's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Parker Drilling's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Parker Drilling is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Parker Drilling's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Parker Drilling's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Parker Drilling Company Filings, last reported 3 months ago.

DB:PAD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 353.90 177.94 104.95
2019-09-30 354.82 177.03 101.11
2019-06-30 349.16 211.13 139.10
2019-03-31 342.80 210.00 127.85
2018-12-31 126.92 595.00 48.60
2018-09-30 170.17 579.29 81.73
2018-06-30 241.73 578.84 114.46
2018-03-31 266.98 578.40 118.32
2017-12-31 296.12 577.97 141.55
2017-09-30 324.56 577.55 121.04
2017-06-30 343.80 577.13 146.23
2017-03-31 373.44 576.73 149.69
2016-12-31 339.14 576.33 119.69
2016-09-30 385.60 575.94 103.61
2016-06-30 430.83 575.55 109.03
2016-03-31 472.85 575.17 108.43
2015-12-31 568.51 574.80 134.29
2015-09-30 611.68 585.00 104.65
2015-06-30 658.86 585.00 116.94
2015-03-31 669.05 585.00 113.20
2014-12-31 666.21 615.00 108.46
2014-09-30 658.60 617.50 78.31
2014-06-30 644.44 620.00 86.45
2014-03-31 625.79 631.38 93.06
2013-12-31 633.14 653.78 148.69
2013-09-30 619.79 653.97 162.46
2013-06-30 607.24 599.15 69.61
  • Parker Drilling's level of debt (50.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (92.3% vs 50.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Parker Drilling has sufficient cash runway for more than 3 years based on current free cash flow.
  • Parker Drilling has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 44.5% each year.
X
Financial health checks
We assess Parker Drilling's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Parker Drilling has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PAD Dividends

 What is Parker Drilling's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Parker Drilling dividends.
If you bought €2,000 of Parker Drilling shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Parker Drilling's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Parker Drilling's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PAD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PAD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2020-04-06

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Parker Drilling has not reported any payouts.
  • Unable to verify if Parker Drilling's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Parker Drilling's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Parker Drilling has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Parker Drilling's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Parker Drilling afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Parker Drilling has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PAD Management

 What is the CEO of Parker Drilling's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sandy Esslemont
TENURE AS CEO 0.1 years
CEO Bio

Mr. Sandy Esslemont serves as President, Chief Executive Officer and Director at Parker Drilling Company since March 2020. Mr. Esslemont served as Director of Roxar ASA. Mr. Esslemont had been Chief Executive Officer and President of SensorTran, Inc. since December 2009. Mr. Esslemont joined Roxar in 1996 and served as its Chief Executive Officer since 2002 and also served as its Managing Director, Chief Operating Officer and President of Roxar Group Houston of Roxar ASA. He has international experience in the upstream oil & gas industry. Mr. Esslemont served as President of Expro PLC. He began his oil and gas career as a Petroleum Engineer with Shell International, working in the Middle East and Europe. He later moved to Forasol-Foramer SA, managing a series of progressively larger offshore drilling rigs and projects across the Far East and Africa. He had a short stint with Baker Hughes in London. Mr. Esslemont holds a BSc in Mechanical Engineering from Heriot Watt University, Edinburgh, and is an active member of Society of Petroleum Engineers.

CEO Compensation
  • Insufficient data for Sandy to compare compensation growth.
  • Insufficient data for Sandy to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Parker Drilling management team in years:

2.3
Average Tenure
50
Average Age
  • The tenure for the Parker Drilling management team is about average.
Management Team

Mike Sumruld

TITLE
Senior VP & CFO
COMPENSATION
$3M
AGE
48
TENURE
2.5 yrs

Jon-Al Duplantier

TITLE
President of Rental Tools & Well Services
COMPENSATION
$3M
AGE
52
TENURE
2 yrs

Sandy Esslemont

TITLE
President
TENURE
0.1 yrs

Nathan Dockray

TITLE
Chief Accounting Officer and Director of Tax
AGE
39
TENURE
2.4 yrs

Jason Geach

TITLE
Vice President of Investor Relations & Corporate Development

Jennifer Simons

TITLE
VP, General Counsel & Corporate Secretary
AGE
42
TENURE
2 yrs

Bryan Collins

TITLE
President of Drilling Operations
COMPENSATION
$642K
AGE
52
TENURE
2.3 yrs

David Tucker

TITLE
Treasurer & Assistant Secretary
AGE
63
TENURE
21.3 yrs

Nick Henley

TITLE
Investor Relations Director
Board of Directors Tenure

Average tenure and age of the Parker Drilling board of directors in years:

1.1
Average Tenure
63
Average Age
  • The average tenure for the Parker Drilling board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gene Davis

TITLE
Independent Chairman
COMPENSATION
$565K
AGE
64
TENURE
1.3 yrs

Sandy Esslemont

TITLE
President
TENURE
0.1 yrs

Robert Parker

TITLE
Chairman Emeritus
COMPENSATION
$163K
AGE
70
TENURE
1.1 yrs

Amr Selim

TITLE
Independent Director
COMPENSATION
$370K
AGE
63
TENURE
5.1 yrs

Patrick Bartels

TITLE
Independent Director
COMPENSATION
$387K
AGE
44
TENURE
1.1 yrs

Mike Faust

TITLE
Independent Director
COMPENSATION
$370K
AGE
58
TENURE
1.1 yrs

Barry McMahan

TITLE
Independent Director
COMPENSATION
$374K
AGE
64
TENURE
1.1 yrs

L. Wells

TITLE
Independent Director
COMPENSATION
$389K
AGE
49
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
13. Feb 20 Buy Highbridge Capital Management, LLC Company 11. Feb 20 11. Feb 20 5,200 €13.37 €69,528
10. Feb 20 Buy Värde Partners, Inc. Company 06. Feb 20 07. Feb 20 794,550 €13.74 €10,541,742
10. Feb 20 Buy Highbridge Capital Management, LLC Company 06. Feb 20 07. Feb 20 183,775 €13.84 €2,423,012
06. Feb 20 Buy Highbridge Capital Management, LLC Company 04. Feb 20 04. Feb 20 30,301 €14.78 €447,852
04. Feb 20 Buy Highbridge Capital Management, LLC Company 31. Jan 20 03. Feb 20 88,589 €15.48 €1,367,006
31. Jan 20 Buy Highbridge Capital Management, LLC Company 29. Jan 20 30. Jan 20 92,299 €16.50 €1,474,985
24. Jan 20 Buy Highbridge Capital Management, LLC Company 22. Jan 20 23. Jan 20 12,696 €16.23 €205,321
21. Jan 20 Buy Highbridge Capital Management, LLC Company 16. Jan 20 21. Jan 20 43,029 €16.17 €685,025
13. Dec 19 Sell Brigade Capital Management, LP Company 11. Dec 19 12. Dec 19 -37,330 €16.90 €-629,022
11. Dec 19 Sell Brigade Capital Management, LP Company 09. Dec 19 10. Dec 19 -2,670 €16.92 €-45,149
06. Dec 19 Sell Brigade Capital Management, LP Company 04. Dec 19 04. Dec 19 -9,925 €16.94 €-168,088
27. Nov 19 Sell Brigade Capital Management, LP Company 26. Nov 19 26. Nov 19 -4,700 €17.30 €-81,323
26. Nov 19 Sell Brigade Capital Management, LP Company 22. Nov 19 26. Nov 19 -9,193 €17.48 €-159,248
22. Nov 19 Sell Brigade Capital Management, LP Company 20. Nov 19 21. Nov 19 -5,710 €17.70 €-99,916
20. Nov 19 Sell Gary Rich Individual 19. Nov 19 19. Nov 19 -25 €16.39 €-410
20. Nov 19 Sell Gary Rich Individual 18. Nov 19 18. Nov 19 -991 €17.62 €-17,457
19. Nov 19 Sell Brigade Capital Management, LP Company 15. Nov 19 18. Nov 19 -3,605 €18.08 €-64,865
15. Nov 19 Sell Brigade Capital Management, LP Company 13. Nov 19 14. Nov 19 -77,181 €18.23 €-1,388,915
10. May 19 Buy Värde Partners, Inc. Company 08. May 19 08. May 19 124,000 €17.94 €2,224,218
10. Apr 19 Sell Whitebox Advisors, LLC Company 09. Apr 19 09. Apr 19 -116,000 €16.18 €-1,877,282
X
Management checks
We assess Parker Drilling's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Parker Drilling has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PAD News

Simply Wall St News

PAD Company Info

Description

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. This business line also provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas. The Rental Tools Services business line offers rental equipment, such as standard and heavy-weight drill pipes, tubing, drill collars, and others; pressure control equipment, including blow-out preventers; well construction services, such as tubular running services and downhole tools; well intervention services comprising whipstock, fishing products, and related services; and inspection and machine shop support services for exploration and production companies, drilling contractors, and service companies on land and offshore. The company serves independent and national oil and natural gas exploration and production companies, and integrated service providers in the United States, Russia and other Commonwealth of Independent States countries, Europe, the Middle East, Africa, Asia, Latin America, and other countries. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas.

Details
Name: Parker Drilling Company
PAD
Exchange: DB
Founded: 1934
$99,566,658
15,044,676
Website: http://www.parkerdrilling.com
Address: Parker Drilling Company
5 Greenway Plaza,
Suite 100,
Houston,
Texas, 77046,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK PKDC Common Stock Pink Sheets LLC US USD 03. Apr 2019
DB PAD Common Stock Deutsche Boerse AG DE EUR 03. Apr 2019
Number of employees
Current staff
Staff numbers
2,670
Parker Drilling employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 02:34
End of day share price update: 2020/02/07 00:00
Last estimates confirmation: 2020/03/03
Last earnings filing: 2020/03/04
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.