Parker Drilling (NYSE:PKD) provides advanced drilling solutions to the energy industry. We are a technically innovative company providing worldwide drilling services, rental tools and project management, including rig design, construction and operations management.

Parker's international fleet includes 21 land rigs and one offshore barge rig, and it's U.S. fleet includes 13 barge rigs in the U.S. Gulf of Mexico and two land rigs in Alaska. Parker's rental tools business supplies premium equipment to operators on land and offshore in the U.S. and select international markets. Parker's project management business includes multiple contracts for the design, construction or operation of customer-owned rigs, including operation of extended-reach-drilling land rigs (also designed and built by Parker) and an offshore drilling platform.

Founded in 1934, Parker has set numerous world records for deep and extended-reach drilling and is an industry leader in safety performance. We leverage our technical and safety leadership, cultivated through decades of project execution in new and emerging global markets, to enhance the efficiencies of our customers' drilling programs.

Houston, US
Size (employees)
2,199 (est)
Parker Drilling was founded in 1934 and is headquartered in Houston, US
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Parker Drilling Office Locations

Parker Drilling has an office in Houston
Houston, US (HQ)
100 5 Greenway Plaza
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Parker Drilling Financials and Metrics

Parker Drilling Financials

Parker Drilling's revenue was reported to be $442.52 m in FY, 2017

Revenue (FY, 2017)

442.5 m

Net income (FY, 2017)

(118.7 m)

Market capitalization (3-Mar-2018)

100.2 m

Cash (5-Mar-2018)

141.5 m
Parker Drilling's current market capitalization is $100.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


874.2 m968.7 m712.2 m427 m442.5 m

Revenue growth, %


Operating expense total

477.9 m

Depreciation and amortization

122.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


148.7 m108.5 m134.3 m119.7 m141.5 m

Accounts Receivable


Current Assets

519.3 m469.8 m366.7 m286.3 m317.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

27.2 m24.5 m(94.3 m)(230.8 m)(118.7 m)

Depreciation and Amortization

134.1 m145.1 m156.2 m139.8 m122.4 m


Accounts Payable

(8.7 m)
USDY, 2017


201.2 k

Financial Leverage

3.3 x
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