Craft

Parker Wellbore

Stock Price

$19.8

2024-10-29

Market Capitalization

$297.9 M

2024-10-29

Revenue

$629.8 M

FY, 2019

Parker Wellbore Summary

Company Summary

Overview
Parker Wellbore (also known as Parker Drilling) is a provider of contract drilling and drilling-related services as well as rental tools and services. Its drilling services business help customers optimize their operation with a fleet of land and offshore barge rigs and by operating customer-owned rigs. The rental business offers tubular running services, fishing and reentry, machine shop services, and downhole, tubular, and pressure control equipment rental.
Type
Public
Status
Active
Founded
1934
HQ
Houston, TX, US | view all locations
Website
https://parkerwellbore.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Alexander Esslemont

    Alexander Esslemont, President & Chief Executive Officer, Director

    • Michael W. Sumruld

      Michael W. Sumruld, Senior Vice President, Chief Financial Officer

    • Brage Johannessen

      Brage Johannessen, Senior Vice President, and Chief Operating Officer

    • Jennifer F. Simons

      Jennifer F. Simons, Senior Vice President, Chief Administrative Officer, General Counsel & Corporate Secretary

    Operating MetricsView all

    Average Natural Gas Price (Henry Hub), $/Mcf

    $2.5
    17.6%

    FY, 2019

    Average Crude Oil Price (West Texas Intermediate), $/Bbl

    $57
    12.1%

    FY, 2019

    Average Crude Oil Price (Brent), $/Bbl

    $64.2
    10.5%

    FY, 2019

    LocationsView all

    26 locations detected

    • Houston, TX HQ

      United States

      2103 CityWest Blvd #400

    • Anchorage, AK

      United States

      1420 E Tudor Rd

    • Grand Junction, CO

      United States

      2360 G Rd

    • New Iberia, LA

      United States

      1110 Unifab Rd

    • St. John's, NL

      Canada

      Box 74, Atlantic Place, Suite 802/215 Water Street

    • Bogota, Bogota

      Colombia

      Av Cra 9 # 113-52 Oficina 605 Edificio Torres Unidas 2

    and 20 others

    Parker Wellbore Financials

    Summary Financials

    Revenue (FY, 2019)
    $629.8M
    Gross profit (FY, 2019)
    $154.7M
    Net income (FY, 2019)
    ($83.7M)
    Cash (FY, 2019)
    $105.0M
    EBIT (FY, 2019)
    ($51.5M)
    Enterprise value
    $370.9M

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