HOUSTON, Feb. 1, 2018 /PRNewswire/ -- Parker Drilling Company announced today that it received notification from the New York Stock Exchange that the Company regained compliance with the NYSE listing standard for share price. On January 2, 2018, Parker Drilling was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of its common stock over the [...]
HOUSTON, Jan. 30, 2018 /PRNewswire/ -- Parker Drilling Company announced today that its 2018 Annual Stockholders' Meeting will be held at the DoubleTree by Hilton Hotel located at 6 East Greenway Plaza, Houston, Texas 77046 on Thursday, May 10, 2018 at 9:00 a.m. Central Time . Company Description Parker Drilling provides drilling services and rental tools to the energy industry. The Company's Drilling Services business [...]
HOUSTON, Jan. 24, 2018 /PRNewswire/ -- Parker Drilling Company announced today it intends to report its fourth quarter 2017 results after the market closes on Wednesday, February 14, 2018. In conjunction with the release, the Company has scheduled a conference call on Thursday, February 15, 2018 at 10:00 a.m. Central Time . Those interested in listening to the call may do so by telephone or by audio webcast. By Webcast [...]
HOUSTON, Jan. 5, 2018 /PRNewswire/ -- Parker Drilling Company today announced that on January 2, 2018, Parker Drilling was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of its common stock over a prior 30 consecutive trading day period had fallen below $1.00 per share, which is the minimum average closing price per share required to maintain [...]
HOUSTON, Dec. 4, 2017 /PRNewswire/ -- Parker Drilling Company today declared a cash dividend of $1.8125 per share on its 7.25% Series A Mandatory Convertible Preferred Stock, payable on December 31, 2017, to holders of record at the close of business on December 15, 2017. The dividend is for the period beginning on September 30, 2017, and ending on December 30, 2017. Company Description Parker Drilling provides drilling [...]
HOUSTON, Nov. 1, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the third quarter ended September 30, 2017, including a reported net loss available to common stockholders of $21.2 million, or a $0.15 loss per common share, on revenues of $118.3 million. Third quarter Adjusted EBITDA was $23.2 million. "Parker delivered strong third quarter results led by our U.S. Rental Tools [...]
HOUSTON, Oct. 19, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its third quarter 2017 results after the market closes on Wednesday, November 1, 2017. In conjunction with the release, the Company has scheduled a conference call on Thursday, November 2, 2017 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Those interested in listening to the call may do so by telephone [...]
HOUSTON, Oct. 3, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) today announced, in accordance with New York Stock Exchange rules regarding equity inducement awards, the Company has granted an equity inducement award of 159,091 restricted stock units to Mike Sumruld, its newly appointed Senior Vice President and Chief Financial Officer, on October 1, 2017. The restricted stock units will vest, assuming continuing [...]
HOUSTON, Sept. 25, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today the appointment of Michael (Mike) W. Sumruld as Senior Vice President and Chief Financial Officer, effective October 1, 2017. With Mr. Sumruld's appointment, Jon-Al Duplantier, Parker Drilling's Senior Vice President, Chief Administrative Officer and General Counsel will relinquish his additional responsibilities as interim CFO [...]
HOUSTON, Aug. 21, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD), today announced the retirement of R. Rudolph Reinfrank from the Company's board of directors. Mr. Reinfrank's retirement was effective August 16, 2017. Mr. Reinfrank joined the Company's board of directors in March 1993 and over the years served as presiding director, a member of the audit committee, and as chair of each of the compensation [...]
HOUSTON, Aug. 3, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today declared a cash dividend of $1.8125 per share on its 7.25% Series A Mandatory Convertible Preferred Stock, payable on September 30, 2017, to holders of record at the close of business on September 15, 2017. The dividend is for the period beginning on June 30, 2017, and ending on September 29, 2017. Company Description Parker Drilling provides [...]
HOUSTON, Aug. 2, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the second quarter ended June 30, 2017, including a reported net loss available to common stockholders of $31.1 million, or a $0.23 loss per common share, on revenues of $109.6 million. Second quarter Adjusted EBITDA was $13.5 million. "Parker continues to capitalize on increasing activity in the U.S. and is prudently [...]
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