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.
Industry, Sector and Symbol
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
Phone281-406-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$442.52 million
Profitability
Miscellaneous
Employees2,266
OptionableOptionable
Parker Drilling (NYSE:PKD) Frequently Asked Questions
What is Parker Drilling's stock symbol?
Parker Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "PKD."
When did Parker Drilling's stock split? How did Parker Drilling's stock split work?
Parker Drilling shares reverse split before market open on Friday, July 27th 2018. The 1-15 reverse split was announced on Thursday, July 12th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 26th 2018. An investor that had 100 shares of Parker Drilling stock prior to the reverse split would have 7 shares after the split.
How were Parker Drilling's earnings last quarter?
Parker Drilling (NYSE:PKD) posted its earnings results on Wednesday, August, 1st. The oil and gas company reported ($2.56) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $2.37. The oil and gas company earned $118.60 million during the quarter. Parker Drilling had a negative return on equity of 41.39% and a negative net margin of 32.33%. View Parker Drilling's Earnings History.
Has Parker Drilling been receiving favorable news coverage?
News stories about PKD stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Parker Drilling earned a coverage optimism score of 1.4 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Who are some of Parker Drilling's key competitors?
Who are Parker Drilling's key executives?
Parker Drilling's management team includes the folowing people:
- Mr. Gary G. Rich, Chairman, Pres & CEO (Age 59)
- Mr. Michael W. Sumruld, Sr. VP & CFO (Age 47)
- Mr. Jon-Al Duplantier, Pres of Rental Tools and Well Services (Age 51)
- Mr. Bryan Ray Collins, Pres of Drilling Operations (Age 51)
- Mr. Nathaniel C. Dockray, Chief Accounting Officer and Director of Tax & Financial Planning & Analysis (Age 38)
How do I buy shares of Parker Drilling?
Shares of PKD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Parker Drilling's stock price today?
One share of PKD stock can currently be purchased for approximately $0.3250.
How big of a company is Parker Drilling?
Parker Drilling has a market capitalization of $3.05 million and generates $442.52 million in revenue each year. Parker Drilling employs 2,266 workers across the globe.
What is Parker Drilling's official website?
How can I contact Parker Drilling?
Parker Drilling's mailing address is 5 GREENWAY PLAZA SUITE 100, HOUSTON TX, 77046. The oil and gas company can be reached via phone at 281-406-2000 or via email at [email protected]
MarketBeat Community Rating for Parker Drilling (NYSE PKD)
MarketBeat's community ratings are surveys of what our community members think about Parker Drilling and other stocks. Vote "Outperform" if you believe PKD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PKD will underperform the S&P 500 over the long term. You may vote once every thirty days.
