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Parker Drilling Co. engages in the provision of contract drilling and drilling-related services as well as rental tools and services. It operates through the Drilling Services and Rental Tools Services segment. The Drilling Services segment drills oil, natural gas, and geothermal wells for customers globally. The Rental Tools Services segment offers rental equipment and services to exploration and production companies, drilling contractors, and service companies on land and offshore in the U.S. and select international markets. The company was founded by Gifford C. Parker in 1934 and is headquartered in Houston, TX.
The drilling contractor is raising cash to bolster its liquidity.
Chesapeake Energy, Foresight Energy, Parker Drilling, Southwestern Energy, and SM Energy had a good week.
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PKD earnings call for the period ending December 31, 2019.
PKD earnings call for the period ending September 30, 2019.
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