Parker Drilling Financials

Parker Drilling Stock Summary

Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas. Parker Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2670 people.

Parker Drilling Key Financial Ratios

Parker Drilling's financial ratios allow both analysts and investors to convert raw data from Parker Drilling's financial statements into concise, actionable information that can be used to evaluate the performance of Parker Drilling over time and compare it to other companies across industries.

Parker Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parker Drilling's current stock value. Our valuation model uses many indicators to compare Parker Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parker Drilling competition to find correlations between indicators driving Parker Drilling's intrinsic value. More Info.Parker Drilling is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parker Drilling by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parker Drilling's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Parker Drilling Market Pulse

Along with financial statement analysis, the daily predictive indicators of Parker Drilling help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Parker Drilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Parker Drilling based on widely used predictive technical indicators. In general, we focus on analyzing Parker Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parker Drilling's daily price indicators and compare them against related drivers.

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

If you are still planning to invest in Parker Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parker Drilling's history and understand the potential risks before investing.