Company Description
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.
| Country | United States |
| Founded | 1934 |
| Industry | Oil & Gas Equipment & Services |
| Sector | Energy |
| Employees | 2,670 |
| CEO | Alexander Esslemont |
Contact Details
Address: 5 Greenway Plaza, Suite 100 Houston, Texas 77046 United States | |
| Phone | 281-406-2000 |
| Website | parkerdrilling.com |
Stock Details
| Ticker Symbol | PKDC |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000076321 |
| CUSIP Number | 701081606 |
| ISIN Number | US7010816061 |
| Employer ID | 73-0618660 |
| SIC Code | 1381 |
Key Executives
| Name | Position |
|---|---|
| Michael W. Sumruld | Senior Vice President and Chief Financial Officer |
| Alexander Esslemont | President, Chief Executive Officer and Director |
| Brage Johannessen | Senior Vice President of Global Operations |
| Jason Geach | Vice President of Investor Relations and Corporate Development |
| Bryan Ray Collins | Senior Vice President of Global Business Development |
| Nathaniel C. Dockray | Treasurer |
| Nick Henley | Investor Relations Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 20, 2020 | SC 13E3/A | [Amend] Going private transaction by certain issuers |
| Mar 20, 2020 | 8-K | Current Report |
| Mar 20, 2020 | 15-12G | Securities registration termination |
| Mar 4, 2020 | 10-K | Annual Report |
| Mar 3, 2020 | 8-K | Current Report |
| Feb 20, 2020 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Feb 11, 2020 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Jan 29, 2020 | 8-K | Current Report |
| Jan 29, 2020 | 25 | Filing |
| Jan 21, 2020 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |