Parker Drilling

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.

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

Parker Drilling Office Locations

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

Parker Drilling Financials and Metrics

Parker Drilling Financials

Parker Drilling's revenue was reported to be $427 m in FY, 2016 which is a 40% decrease from the previous period.

Revenue (FY, 2016)

427 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

(230.8 m)

Market capitalization (13-Dec-2017)

127.2 m

Cash (31-Dec-2016)

119.7 m
Parker Drilling's current market capitalization is $127.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


874.2 m968.7 m712.2 m427 m

Revenue growth, %



101.9 m120.2 m

EBIT margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


148.7 m108.5 m134.3 m119.7 m

Current Assets

519.3 m469.8 m366.7 m286.3 m


871.4 m


6.7 m6.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

134.1 m145.1 m156.2 m139.8 m

Cash From Operating Activities

161.5 m202.5 m162.1 m21.3 m

Capital Expenditures

(155.6 m)(179.5 m)(88.2 m)(29 m)
USDY, 2016


166.3 k

Financial Leverage

3.3 x
Show all financial metrics

Parker Drilling Market Value History

Parker Drilling's Web-traffic and Trends

Parker Drilling Online and Social Media Presence

Parker Drilling Company Life and Culture

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