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Home > Company Index > Energy > Oil & Gas Services > Parker Drilling Company
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Parker Drilling Company |
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PROFILE |
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Parker Drilling parks its oil rigs off the beaten path. Its helicopter-transportable rigs allow the drilling contractor to work in remote jungle, mountain, and desert locations in foreign locations, but in recent years it has been targeting offshore markets. Hit hard by the 1990s oil crunch, it has sold assets and has exited the land drilling business in the US. However, increased exploration activity is set to lift Parker's revenues in 2001. Parker Drilling, which owns 85 rigs, drills worldwide and has worked in more than 50 countries. Subsidiary Quail Tools provides rental tools for oil and gas drilling and workover activities. Parker's Partech unit offers rig manufacturing and support services.
COMPETITION |
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Noble Drilling Corporation (NE)
Santa Fe International Corporation (SDC)
Transocean Sedco Forex Inc. (RIG)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 376.30
1-Yr. Sales Growth: 15.9%
Employees: 3,542
Revenue per employee: $106,239.41
KEY PEOPLE |
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Robert L. Parker
CEO
James J. Davis
CFO
CONTACT INFO |
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Parker Bldg., 8 E. Third St.
Tulsa, OK 74103
US
Phone: 918-585-8221
Fax: 918-585-1058
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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