Big Money Not In Parker Drilling Co (NYSE:PKD), Sentiment at 0.5

Parker Drilling Co’s Sentiment

“Big money sentiment for Parker Drilling Co (NYSE:PKD) in 2018 Q2 decreased to 0.5, according to SEC.gov filings. So its down -0.26, from 2018Q1’s 0.76. 26 investment professionals started new or increased equity positions, while 52 reduced and sold their holdings in Parker Drilling Co so the sentiment worsened. Funds own 78.69 million shares, down from 90.99 million shares in 2018Q1. Funds holding Parker Drilling Co in top 10 changed to 0 from 0 for the same number . 31 Investors Sold All; 21 Reduced Holdings; 14 increased stakes while 12 investment professionals bought stakes.

Significant Parker Drilling Co Investors

Saba Capital Management L.P. owns 16.31 million shares in Parker Drilling Co as of 2018 Q2. As of 2018 Q2, 12.74 million shares of Parker Drilling Co are owned by Brigade Capital Management Lp. Furthermore, Whitebox Advisors Llc reported 6.56 million shares in Parker Drilling Co equivalent to 0.08% of its equity exposure. Donald Smith & Co. Inc. revealed 4.14 million shares position in Parker Drilling Co. The Connecticut-based fund Ellington Management Group Llc holds 1.08 million shares or 0.03% of their equity exposure.

Parker Drilling Company Inc., together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the United States, Russia, Europe, the Middle East, Africa, Asia, Latin America, Canada, and Internationally.The firm is worth $10.60 million. It operates through two business lines, Drilling Services and Rental Tools Services.Last it reported negative earnings. The Drilling Services business 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; 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.

PKD is reaching $1.13 during the last trading session, after decreased 4.24%.Parker Drilling Company has volume of 67,333 shares. Since December 7, 2017 PKD has declined 82.84% and is downtrending. PKD underperformed by 98.46% the S&P500.

Citigroup stated it has 0% of its capital in Parker Drilling Company (NYSE:PKD). Element owns 545,695 shs. 2.86M are held by Bluemountain Cap Mngmt Ltd Limited Liability Company. Hightower Advsr Ltd Liability Co holds 0% or 11,200 shs. Jefferies Gp Ltd Co holds 19,400 shs or 0% of its capital. Northern Trust accumulated 0% or 328,691 shs. Renaissance Ltd Liability accumulated 2.39M shs or 0% of the stock. Barclays Public Ltd Company holds 0% or 835,882 shs in its capital. New York-based Jpmorgan Chase & has invested 0% in Parker Drilling Company (NYSE:PKD). Bridgeway Capital Mgmt Inc has 0% invested in Parker Drilling Company (NYSE:PKD) for 440,830 shs. Donald Smith & Co invested in 4.14 million shs or 0.05% of the stock. Deutsche Bancorp Ag invested in 52,856 shs or 0% of the stock. Bankshares Of Montreal Can owns 5 shs. Thrivent Finance For Lutherans holds 18,537 shs. 326,407 were accumulated by D E Shaw.

For more Parker Drilling Company (NYSE:PKD) news released recently go to: Seekingalpha.com, Seekingalpha.com, Prnewswire.com, Prnewswire.com or Prnewswire.com. The titles are as follows: “Exxon Awards A $180 Million Contract Extension To Parker Drilling In Sakhalin, Russia – Seeking Alpha” released on May 31, 2016, “Stocks To Watch: FANGs Out In Tech – Seeking Alpha” on July 21, 2018, “Parker Drilling Company Receives Continued Listing Standard Notice from NYSE – PR Newswire” with a publish date: January 05, 2018, “Parker Drilling Announces March 2018 Mandatory Convertible Preferred Stock Dividend – PR Newswire” and the last “Parker Drilling Announces Third Quarter 2018 Earnings Release and Conference Call Schedule – PR Newswire” with publication date: October 19, 2018.

Parker Drilling Company (NYSE:PKD) Institutional Investors Chart

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