(:PKD)
Business Focus: N/A
Nov 05, 2019 03:20 pm ET
Parker Drilling Reports 2019 Third Quarter Results
HOUSTON, Nov. 5, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the third quarter ended September 30, 2019, which included a net income of $4.0 million, or diluted earnings of $0.27 per share, on revenues of $160.1 million. Third quarter Adjusted EBITDA was $36.6 million (1).
Oct 24, 2019 04:30 pm ET
Parker Drilling Announces Third Quarter 2019 Earnings Release and Conference Call Schedule
HOUSTON, Oct. 24, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its third quarter 2019 results after the market closes on Tuesday, November 5, 2019. In conjunction with the release, the Company has scheduled a conference call on Wednesday, November 6, 2019 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 audio webcast.
Oct 21, 2019 08:49 am ET
Parker Drilling Files Revised Preliminary Proxy Statement Proposing Range of Stock Split Ratios to Reduce Number of Stockholders of Record Below 300
HOUSTON, Oct. 21, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker" or the "Company") announced today that it has filed a revised preliminary proxy statement with the Securities and Exchange Commission (the "SEC") relating to a proposal by its Board of Directors (the "Board") to amend the Company's amended and restated certificate of incorporation to effect a reverse stock split, to be followed immediately by a forward stock split, at a ratio of (i) not less than 1-for-5 and not greater than 1-for-100, in the case of the reverse stock split, and (ii) not less than 5-for-1 an
Sep 20, 2019 04:30 pm ET
Parker Drilling Announces Debt Reduction
HOUSTON, Sept. 20, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker" or the "Company") today announced it has made a voluntary prepayment of $35,000,000 in principal plus $1,023,750 of associated accrued interest on its Second Lien Term Loan. As a result of this payment, the Company reduced its long-term debt balance from $211.1 million, as of June 30, 2019, to approximately $176 million.
Sep 10, 2019 04:45 pm ET
Parker Drilling's Board of Directors Approves Plan to Voluntarily Terminate Registration of Its Common Stock with the SEC and Voluntarily Delist from the NYSE
HOUSTON, Sept. 10, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker" or the "Company") today announced that its Finance and Strategic Planning Committee, which consists solely of independent directors, has recommended, and its Board of Directors (the "Board") has approved, a plan to cease the registration of the Company's common stock under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), following the completion of a proposed reverse stock split transaction, which will be followed immediately by a forward stock split, and to delist its shares of common
Aug 05, 2019 04:15 pm ET
Parker Drilling Reports 2019 Second Quarter Results
HOUSTON, Aug. 5, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the second quarter ended June 30, 2019, which included a net income of $4.6 million, or diluted earnings of $0.31 per share on revenues of $156.0 million. Second quarter Adjusted EBITDA was $37.8 million (1).
Jul 25, 2019 04:15 pm ET
Parker Drilling Announces Second Quarter 2019 Earnings Release and Conference Call Schedule
HOUSTON, July 25, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its second quarter 2019 results after the market closes on Monday, August 5, 2019. In conjunction with the release, the Company has scheduled a conference call on Tuesday, August 6, 2019 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 audio webcast.
Jul 15, 2019 04:15 pm ET
Parker Drilling Announces Retirement of President and CEO Gary Rich
HOUSTON, July 15, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker" or the "Company") today announced that Gary Rich has decided to retire from his roles as President, Chief Executive Officer, and Director of Parker Drilling later this year. Rich plans to remain in his current roles for an interim period to support a smooth transition. The Board of Directors will engage a search firm to conduct a comprehensive search for a permanent successor.
May 07, 2019 10:41 pm ET
Parker Drilling Reports 2019 First Quarter Results
HOUSTON, May 7, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the first quarter ended March 31, 2019, which included a net loss of $90.2 million, or a $9.63 loss per common share on revenues of $157.4 million. First quarter Adjusted EBITDA was $28.4 million.1
Apr 25, 2019 04:30 pm ET
Parker Drilling Announces First Quarter 2019 Earnings Release and Conference Call Schedule
HOUSTON, April 25, 2019 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its first quarter 2019 results after the market closes on Tuesday, May 7, 2019. In conjunction with the release, the Company has scheduled a conference call on Wednesday, May 8, 2019 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 audio webcast.
Mar 26, 2019 05:19 pm ET
Parker Drilling Successfully Completes Restructuring Process
HOUSTON, March 26, 2019 /PRNewswire/ -- Parker Drilling Company ("Parker" or the "Company") today announced that it has successfully completed its financial restructuring and emerged from Chapter 11 protection. Parker moves forward with a stronger financial position, having reduced total debt by approximately two-thirds, from $585 million to $210 million, and securing access to $50 million in exit financing. The Company has also raised an additional $95 million through a fully-backstopped equity rights offering.
Dec 12, 2018 04:35 pm ET
Parker Drilling Announces Move to OTC Pink Marketplace
HOUSTON, Dec. 12, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) ("Parker Drilling" or the "Company") today announced the expected move of trading of the Company's Common Stock to the OTC Pink Marketplace from the New York Stock Exchange ("NYSE"). The Common Stock is expected to begin trading on the OTC Pink Marketplace operated by OTC Markets Group Inc. ("OTC Pink") under ticker symbol "PKDSQ" upon the opening of trading on December 13, 2018. This move should not disrupt the trading of the Common Stock.
Dec 12, 2018 09:59 am ET
Parker Drilling Announces Agreement on Comprehensive Restructuring to Significantly Reduce Debt, and Obtain Access to Significant Capital Commitments
HOUSTON, Dec. 12, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced that it and its material U.S. subsidiaries (collectively, "Parker" or the "Company") have entered into a restructuring support agreement ("RSA") with holders (the "Consenting Stakeholders") of the Company's securities, including a significant amount of its 7.50% Senior Notes due 2020 and 6.75% Senior Notes due 2022 (collectively, the "Notes"), outstanding preferred stock and outstanding common stock. The transaction contemplated under the RSA is expected to strengthen the Company's financial foundation
Dec 11, 2018 07:30 am ET
Report: Exploring Fundamental Drivers Behind Sabre, Catalyst Pharmaceuticals, Renewable Energy Group, Luminex, Parker Drilling, and Apollo Endosurgery — New Horizons, Emerging Trends, and Upcoming Dev
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sabre Corporation (NASDAQ:SABR), Catalyst Pharmaceuticals, Inc....
Nov 05, 2018 04:00 pm ET
Parker Drilling Reports 2018 Third Quarter Results
HOUSTON, Nov. 5, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the third quarter ended September 30, 2018, which included a net loss of $71.9 million, or a $7.70 loss per common share on revenues of $123.4 million. Included in the reported net loss is an impairment loss of $44.0 million. Excluding the impairment loss, the adjusted net loss was $2.99 per common share.
Oct 19, 2018 04:15 pm ET
Parker Drilling Announces Third Quarter 2018 Earnings Release and Conference Call Schedule
HOUSTON, Oct. 19, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its third quarter 2018 results after the market closes on Monday, November 5, 2018. In conjunction with the release, the Company has scheduled a conference call on Tuesday, November 6, 2018 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 audio webcast.
Oct 18, 2018 07:30 am ET
Investor Expectations to Drive Momentum within Amkor Technology, Lexicon Pharmaceuticals, Parker Drilling, HFF, The Chefs' Warehouse, and Payment Data — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Amkor Technology, Inc. (NASDAQ:AMKR), Lexicon Pharmaceuticals, Inc....
Aug 28, 2018 08:20 am ET
Report: Developing Opportunities within Parker Drilling, CoreLogic, Steven Madden, Diebold Nixdorf, Nevro, and PDL BioPharma — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Parker Drilling Company (NYSE:PKD), CoreLogic, Inc. (NYSE:CLGX), Steven...
Aug 23, 2018 04:55 pm ET
Parker Drilling Amends Shareholder Rights Plan to Further Protect Value
HOUSTON, Aug. 23, 2018 /PRNewswire/ -- As previously reported on July 12, 2018, Parker Drilling Company (NYSE: PKD) (the "Company") adopted a shareholder rights plan (the "Original Rights Plan") to protect the best interests of the Company and its stakeholders. Consistent with that objective, today the Company's Board of Directors (the "Board") unanimously voted to amend the Original Rights Plan (as so amended, the "Section 382 Rights Plan") to protect the potential future value of the Company's net operating losses ("NOLs"), foreign tax credits and other tax attributes (collectively, the "T
Aug 23, 2018 04:30 pm ET
Parker Drilling Announces September 2018 Mandatory Convertible Preferred Stock Dividend
HOUSTON, Aug. 23, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) announced today that its Board of Directors has declared a cash dividend of $1.8125 per share on its 7.25% Series A Mandatory Convertible Preferred Stock, payable on September 30, 2018, to holders of record at the close of business on September 15, 2018. The dividend is for the period beginning on June 30, 2018, and ending on September 29, 2018.
Aug 01, 2018 05:21 pm ET
Parker Drilling Reports 2018 Second Quarter Results
HOUSTON, Aug. 1, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the second quarter ended June 30, 2018, including a reported net loss of $23.8 million on revenues of $118.6 million. This equates to a loss of $2.56 per common share taking into account the 1-for-15 reverse stock split effective July 27, 2018, or a loss of $0.17 per common share on a pre-split basis.
Jul 19, 2018 04:30 pm ET
Parker Drilling Announces Second Quarter 2018 Earnings Release and Conference Call Schedule
HOUSTON, July 19, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its second quarter 2018 results after the market closes on Wednesday, August 1, 2018. In conjunction with the release, the Company has scheduled a conference call on Thursday, August 2, 2018 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 audio webcast.
Jul 12, 2018 06:06 pm ET
Parker Drilling Implements Reverse Stock Split and Adopts Short-Term Shareholder Rights Plan
HOUSTON, July 12, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that its Board of Directors has voted to implement a previously-approved reverse stock split and adopt a short-term shareholder rights plan.
Jun 27, 2018 08:15 am ET
Report: Developing Opportunities within Valvoline, Parker Drilling, Dean Foods, BioPharmX, Hasbro, and Alnylam Pharmaceuticals — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Valvoline Inc. (NYSE:VVV), Parker Drilling Company (NYSE:PKD), Dean Foods...
May 11, 2018 07:50 am ET
New Research: Key Drivers of Growth for Harley-Davidson, BioMarin Pharmaceutical, Acadia Healthcare, Parker Drilling, NCR, and New York Community — Factors of Influence, Major Initiatives and Sustaine
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Harley-Davidson, Inc. (NYSE:HOG), BioMarin Pharmaceutical Inc....
May 10, 2018 09:16 pm ET
Parker Drilling Announces June 2018 Mandatory Convertible Preferred Stock Dividend
HOUSTON, May 10, 2018 /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 June 30, 2018, to holders of record at the close of business on June 15, 2018. The dividend is for the period beginning on March 31, 2018, and ending on June 29, 2018.
May 01, 2018 04:50 pm ET
Parker Drilling Reports 2018 First Quarter Results
HOUSTON, May 1, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the first quarter ended March 31, 2018, including a reported net loss of $29.7 million, or a $0.21 loss per common share, on revenues of $109.7 million.
Apr 12, 2018 04:30 pm ET
Parker Drilling Announces First Quarter 2018 Earnings Release and Conference Call Schedule
HOUSTON, April 12, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its first quarter 2018 results after the market closes on Tuesday, May 1, 2018. In conjunction with the release, the Company has scheduled a conference call on Wednesday, May 2, 2018 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 audio webcast.
Mar 15, 2018 04:30 pm ET
Parker Drilling Company Receives Continued Listing Standard Notice from NYSE
HOUSTON, March 15, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced that on March 14, 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 listing on the NYSE.
Feb 28, 2018 03:30 pm ET
Parker Drilling Announces March 2018 Mandatory Convertible Preferred Stock Dividend
HOUSTON, Feb. 28, 2018 /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 March 31, 2018, to holders of record at the close of business on March 15, 2018. The dividend is for the period beginning on December 31, 2017, and ending on March 30, 2018.
Feb 15, 2018 09:20 am ET
Parker Drilling Company to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 15, 2018 / Parker Drilling Company (NYSE: PKD) will be discussing their earnings results in their Q4 Earnings Call to be held on February 15, 2018 at 11:00 AM Eastern Time.
Feb 14, 2018 03:34 pm ET
Parker Drilling Reports 2017 Fourth Quarter Results and Amendment to Credit Facility
HOUSTON, Feb. 14, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the fourth quarter ended December 31, 2017, including a reported net loss of $29.6 million, or a $0.21 loss per share, on revenues of $116.3 million.
Feb 07, 2018 07:35 am ET
etailed Research: Economic Perspectives on Sunstone Hotel Investors, Cinemark, STORE Capital, USA Technologies, Parker Drilling, and American Water Works — What Drives Growth in Today's Competitive La
NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunstone Hotel Investors, Inc. (NYSE:SHO), Cinemark...
Feb 01, 2018 03:32 pm ET
Parker Drilling Regains Compliance with NYSE Continued Listing Requirements
HOUSTON, Feb. 1, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) 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.
Jan 30, 2018 03:30 pm ET
Parker Drilling Schedules 2018 Annual Stockholders' Meeting
HOUSTON, Jan. 30, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) 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 (10:00 a.m. Eastern Time).
Jan 24, 2018 05:30 am ET
Parker Drilling Announces Fourth Quarter 2017 Earnings Release and Conference Call Schedule
HOUSTON, Jan. 24, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) 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 (11:00 a.m. Eastern Time). Those interested in listening to the call may do so by telephone or by audio webcast.
Jan 05, 2018 03:30 pm ET
Parker Drilling Company Receives Continued Listing Standard Notice from NYSE
HOUSTON, Jan. 5, 2018 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) 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 listing on the NYSE.
Nov 16, 2017 07:30 am ET
New Research Coverage Highlights Sunstone Hotel Investors, Cinemark, STORE Capital, USA Technologies, Parker Drilling, and American Water Works — Consolidated Revenues, Company Growth, and Expectation
NEW YORK, Nov. 16, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sunstone Hotel Investors, Inc. (NYSE:SHO), Cinemark...
Nov 01, 2017 05:30 pm ET
Parker Drilling Reports 2017 Third Quarter Results
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.
Oct 19, 2017 05:42 pm ET
Parker Drilling Announces Third Quarter 2017 Earnings Release and Conference Call Schedule
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 or by audio webcast.
Oct 03, 2017 05:30 pm ET
Parker Drilling Company Grants Equity Inducement Award
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.
Sep 25, 2017 10:05 am ET
Parker Drilling Announces Appointment of Chief Financial Officer
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.
Aug 21, 2017 05:30 pm ET
Parker Drilling Announces Director Retirement
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.
Aug 03, 2017 05:30 pm ET
Parker Drilling Announces September 2017 Mandatory Convertible Preferred Stock Dividend
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.
Aug 02, 2017 05:30 pm ET
Parker Drilling Reports 2017 Second Quarter Results
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.
Jul 20, 2017 07:57 pm ET
Parker Drilling Announces Second Quarter 2017 Earnings Release and Conference Call Schedule
HOUSTON, July 20, 2017 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its second quarter 2017 results after the market closes on Wednesday, August 2, 2017. In conjunction with the release, the Company has scheduled a conference call on Thursday, August 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 audio webcast.
Jun 12, 2017 05:32 pm ET
Parker Drilling Announces Departure of Chief Financial Officer
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 General Counsel, has been appointed to serve as interim CFO and will manage the CFO responsibilities in addition to his current responsibilities until a replacement is named. T
May 09, 2017 05:54 pm ET
Parker Drilling Announces June 2017 Mandatory Convertible Preferred Stock Dividend
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.
May 02, 2017 05:30 pm ET
Parker Drilling Reports 2017 First Quarter Results
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.
Apr 20, 2017 05:15 pm ET
Parker Drilling Announces First Quarter 2017 Earnings Release and Conference Call Schedule
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 audio webcast.
Feb 22, 2017 09:14 am ET
Parker Drilling Company Announces Pricing of Public Offerings of Common Stock and 7.25% Series A Mandatory Convertible Preferred Stock
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. The Company has also granted the underwriter a 30-day option to purchase up to an additional 1,800,000 shares of common stock and 75,000 shares of Preferred Stock in the resp
Feb 21, 2017 04:11 pm ET
Parker Drilling Company Announces Public Offerings of Common Stock and Series A Mandatory Convertible Preferred Stock
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.
Feb 15, 2017 05:19 pm ET
Parker Drilling Reports 2016 Fourth Quarter Results
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.
Feb 02, 2017 04:15 pm ET
Parker Drilling Announces Fourth Quarter 2016 Earnings Release and Conference Call Schedule
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 telephone or by audio webcast.
Jan 30, 2017 04:15 pm ET
Parker Drilling Schedules 2017 Annual Stockholders' Meeting
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).
Oct 27, 2016 05:30 pm ET
Parker Drilling Reports 2016 Third Quarter Results
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.
Oct 17, 2016 05:15 pm ET
Parker Drilling Announces Third Quarter 2016 Earnings Release and Conference Call Schedule
HOUSTON, Oct. 17, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its third quarter 2016 results after the market closes on Thursday, October 27, 2016. In conjunction with the release, the Company has scheduled a conference call on Friday, October 28, 2016 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 audio webcast.
Sep 19, 2016 01:30 pm ET
Parker Drilling to Present at the Johnson Rice 2016 Energy Conference
HOUSTON, Sept. 19, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced that Chris Weber, senior vice president and chief financial officer, will present at the Johnson Rice 2016 Energy Conference to be held in New Orleans on September 20-22, 2016.
Aug 02, 2016 05:25 pm ET
Parker Drilling Reports 2016 Second Quarter Results
HOUSTON, Aug. 2, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the second quarter ended June 30, 2016, including a reported net loss of $39.8 million, or a $0.32 loss per share, on revenues of $105.3 million.
Jul 18, 2016 09:38 am ET
Parker Drilling Announces Second Quarter 2016 Earnings Release and Conference Call Schedule
HOUSTON, July 18, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its second quarter 2016 results after the market closes on Tuesday, August 2, 2016. In conjunction with the release, the Company has scheduled a conference call on Wednesday, August 3, 2016 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 audio webcast.
Jul 11, 2016 08:02 pm ET
In Memoriam: Robert L. Parker, Sr.
HOUSTON, July 11, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today the passing of Robert L. Parker, Sr., the Company's Chairman of the Board from 1969 until 2006. Mr. Parker, 92, died in Tulsa, Oklahoma on Saturday, July 9, 2016.
Jun 01, 2016 07:30 am ET
Parker Drilling Secures Amendment to Credit Facility
HOUSTON, June 1, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced it has agreed to terms with its lenders on an amendment to its 2015 Secured Credit Agreement (the "Amendment"). The terms of the Amendment provide covenant relief and flexibility to help navigate the prolonged industry downturn. The Company has no borrowings outstanding under the facility and as of March 31, 2016 had $12.8 million of outstanding letters of credit.
May 26, 2016 05:30 pm ET
Parker Drilling Announces Extension of Sakhalin O&M Contract and Addition of a New O&M Rig
HOUSTON, May 26, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that its customer awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia. The prior contract term was set to expire in the third quarter of 2017 and covered operating and maintaining three customer-owned rigs in support of the Sakhalin-1 Project. The O&M contract term now extends through June 2019 and also covers a newly constructed fourth customer-owned extended-reach drilling (ERD) rig. The extension, inclusive of the additional new
May 03, 2016 06:15 pm ET
Parker Drilling Reports 2016 First Quarter Results
HOUSTON, May 3, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced results for the first quarter ended March 31, 2016, including a reported net loss of $95.8 million, or a $0.78 loss per share, on revenues of $130.5 million.
Apr 25, 2016 05:15 pm ET
Parker Drilling Announces First Quarter 2016 Earnings Release and Conference Call Schedule
HOUSTON, April 25, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its first quarter 2016 results after the market closes on Tuesday, May 3, 2016. In conjunction with the release, the Company has scheduled a conference call on Wednesday, May 4, 2016 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 audio webcast.
Feb 17, 2016 09:22 pm ET
Parker Drilling Reports 2015 Fourth Quarter Results
HOUSTON, Feb. 17, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today reported results for the quarter ended December 31, 2015, including a net loss of $35.6 million, or $(0.29) per share, on revenues of $148.7 million.
Jan 28, 2016 05:58 pm ET
Parker Drilling Schedules 2016 Annual Shareholders' Meeting
HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that its 2016 Annual Shareholders' Meeting will be held at the DoubleTree by Hilton Hotel located at 6 East Greenway Plaza, Houston, Texas 77046 on Tuesday, May 10, 2016 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
Jan 28, 2016 05:20 pm ET
Parker Drilling Announces 2015 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule
HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its 2015 Fourth Quarter and full year financial results on Wednesday, February 17, 2016 after market close. In conjunction with the release, the Company has scheduled a conference call on Thursday, February 18, 2015 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 audio webcast.
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