Is Parker Drilling still in business?

Is Parker Drilling still in business?

Is Parker Drilling still in business?

Houston-based Parker Drilling Co. has officially pulled the plug on its status as a public company, cutting its shareholder base and exiting the New York Stock Exchange.

What happened to Parker Drilling?

During the last quarter of 2018 the company filed for Chapter 11 bankruptcy. At the end of the process the bulk of its ownership was held by a few institutional investors, which impacted the available trading volume of shares on public markets, according to the company.

How many employees does Parker Drilling have?

2,000 employees
A large energy company with 2,000 employees and an annual revenue of $629.8M, Parker Drilling is headquartered in Houston, TX. We are a worldwide service company providing drilling and rental tool services to the energy industry.

What does Parker Drilling do?

Parker Drilling Company is a leading provider of contract drilling and drilling-related services—including land, transition zone, and offshore drilling—to major oil companies, independent oil and gas producers, and government-run oil companies.

Is Parker Drilling a public company?

HOUSTON, March 29, 2019 /PRNewswire/ — Parker Drilling Company (“Parker” or the “Company”) today announced that its common stock has been approved for listing on the NYSE. Parker expects that the common stock will begin trading on NYSE on or around April 3, 2019.

Is Parker Drilling publicly traded?

Parker Drilling Company Files Form 25 to Voluntarily Delist its Common Stock from the New York Stock Exchange.

Is Parker Drilling a good company to work for?

Decent company with lots of room for advancement. Management provides good leadership, and helps mold employees to the way Parker operates. I would recommend this as a good place to work.

Who is the best drilling company to work for?

Transocean Ltd. has been crowned the most desirable oil and gas drilling contractor to work for in Rigzone’s 2019 Ideal Employer Survey (IES), which included more than 11,000 respondents from over 100 countries.

Is Parker wellbore a public company?