Pacific Drilling Shares Cross Above 200-Day Average

Is it Time for Investors to Sell?

Published on Feb. 15, 2026

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Pacific Drilling S.A. (OTCMKTS:PACDQ), an offshore drilling contractor headquartered in Houston, Texas, saw its shares cross above the 200-day moving average during trading on Friday. The stock traded as high as $0.0505 before closing at $0.0390 with a volume of 1,917,900 shares.

Why it matters

Crossing above the 200-day moving average is often seen as a bullish signal, indicating the stock may be entering a new upward trend. However, the company has faced challenges in recent years, emerging from bankruptcy in 2020, so investors will be closely watching to see if this is a sustainable recovery or a temporary spike.

The details

Pacific Drilling, established in 2009, specializes in providing ultra-deepwater drilling services to exploration and production companies worldwide. The company's fleet comprises modern, dynamically positioned drillships designed for water depths of up to 12,000 feet and capable of drilling wells in excess of 40,000 feet.

  • Pacific Drilling's shares crossed above the 200-day moving average on Friday, February 15, 2026.

The players

Pacific Drilling S.A.

An offshore drilling contractor incorporated in the Cayman Islands and headquartered in Houston, Texas.

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The takeaway

Investors will be closely monitoring whether this recent uptick in Pacific Drilling's share price above the 200-day moving average is a sign of a sustained recovery for the company, or if it's a temporary spike that could signal a good time to sell.