Parker Drilling Company

HOUSTON, June 12, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) announced today that Christopher Weber, Parker Drilling's Senior Vice President and Chief Financial Officer, is leaving the Company effective June 21, 2017 to become Executive Vice President and Chief Financial Officer at Halliburton Company (NYSE: HAL). Jon-Al Duplantier, Parker Drilling's Senior Vice President, Chief Administrative Officer and [...]

HOUSTON, May 9, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) today announced that its Board of Directors declared a cash dividend of $2.4771 per share on its 7.25% Series A Mandatory Convertible Preferred Stock, payable on June 30, 2017, to holders of record at the close of business on June 15, 2017.  The dividend is for the period beginning on February 27, 2017, and ending on June 30, 2017. Company Description [...]

HOUSTON, May 2, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the first quarter ended March 31, 2017, including a reported net loss of $39.8 million, or a $0.31 loss per share, on revenues of $98.3 million.  First quarter Adjusted EBITDA was $5.4 million. "Parker continues to execute well in a difficult market and our first quarter results were in line with our expectations," said [...]

HOUSTON, April 20, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its first quarter 2017 results after the market closes on Tuesday, May 2, 2017. In conjunction with the release, the Company has scheduled a conference call on Wednesday, May 3, 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 or by [...]

HOUSTON, Feb. 22, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker Drilling" or the "Company") today announced that it has priced a public offering of 12,000,000 shares of its common stock at a price to the public of $2.10 per share and 500,000 shares of its 7.25% Series A Mandatory Convertible Preferred Stock (the "Preferred Stock") having an offering price and liquidation preference of $100 per share [...]

HOUSTON, Feb. 21, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker Drilling" or the "Company") today announced that it is commencing a registered public offering of 12,000,000 shares of its common stock. The Company also expects to grant the underwriter a 30-day option to purchase up to an additional 1,800,000 shares of common stock.  In addition, the Company announced that it is commencing a registered [...]

HOUSTON, Feb. 15, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the fourth quarter ended December 31, 2016, including a reported net loss of $48.9 million, or a $0.39 loss per share, on revenues of $94.0 million. The net loss includes a pre-tax $0.9 million expense related to executive departures and a $6.8 million non-cash valuation allowance taken primarily against UK deferred tax [...]

HOUSTON, Feb. 2, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its fourth quarter 2016 results after the market closes on Wednesday, February 15, 2017. In conjunction with the release, the Company has scheduled a conference call on Thursday, February 16, 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 [...]

HOUSTON, Jan. 30, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that its 2017 Annual Stockholders' Meeting will be held at the DoubleTree by Hilton Hotel located at 6 East Greenway Plaza, Houston, Texas 77046 on Tuesday, May 9, 2017 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Company Description Parker Drilling provides drilling services and rental tools to the energy industry. The [...]

HOUSTON, Oct. 27, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the third quarter ended September 30, 2016, including a reported net loss of $46.2 million, or a $0.37 loss per share, on revenues of $97.2 million.  Third quarter adjusted EBITDA was $5.1 million. "We are pleased with our third quarter results given the challenging market conditions," said Gary Rich, the Company's [...]