Is Parker Drilling Co halal to invest in?

According to Musaffa's Shariah screening methodology, Parker Drilling Co (PKDC) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Parker Drilling Co a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Parker Drilling Co using these criteria to determine its compliance status.

Can Muslims buy shares of Parker Drilling Co?

Muslim investors may consider investing in Parker Drilling Co if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Parker Drilling Co classified as NOT COVERED?

Musaffa determines the Shariah status of Parker Drilling Co by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Parker Drilling Co updated?

The Shariah compliance status of Parker Drilling Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Parker Drilling Co become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Parker Drilling Co?

You can check the latest Shariah compliance status of Parker Drilling Co on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Analyst's Ratings for Parker Drilling Co (PKDC)

Based on 6 analysts giving stock ratings to Parker Drilling Co in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Parker Drilling Co. Stock Analysis PKDC

United States Energy Micro Cap

Parker Drilling Company (Parker) is a provider of contract drilling and drilling-related services. The company is headquartered in Houston, Texas and currently employs 2,670 full-time employees. The Company’s business lines include rental tools services and drilling services. Its rental tools services operate through two segments: United States rental tools and International rental tools. Its drilling services operate through two segments: United States (lower 48) drilling and International & Alaska drilling segments. The firm's drilling services business serves operators using parker-owned and customer-owned rig fleets in select United States and international markets, specialized in remote and harsh environment regions. The firm's rental tools services business supplies equipment and well services to operators on land and offshore in the United States and international markets. The firm also provides well construction services such as tubular running services and downhole tool rentals, and well intervention services such as whipstocks, fishing, and related services.

Key Statistics of Parker Drilling Co (PKDC)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$11.00$11.00

Today's Open

$11.00

Volume

13.55K

P/E Ratio (TTM)

52 Week Range

$11.00$20.75

Market Cap

165.56M

Avg. Volume

2899.89

Dividend Yield

Financial Metrics & Statements of Parker Drilling Co (PKDC)

FAQ's for Parker Drilling Co (PKDC)

According to Musaffa’s Shariah screening methodology, Parker Drilling Co (PKDC) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.