PARKER DRILLING CO /DE/

Parker Drilling Co. /DE/ stands as a seasoned drilling services provider rooted in the traditional oilfield services and supply chain framework of the SIC-heavy exploration and production universe, delivering contract drilling, well engineering, and completion support across rig fleets that answer the needs of upstream operators chasing reliable drilling execution; its core customers include national and international oil & gas producers, government energy agencies, and private equity-backed exploration ventures needing turnkey rigs in Asia, the Middle East, and the Americas. The company must juggle the usual oilfield-service regulatory regimen—environmental permitting, safety rules, and increasingly stringent well-control protocols—while weathering commodity volatility, project cancellations, and the capital-intensive nature of maintaining deepwater and offshore assets, making cash flow discipline and compliance with SEC reporting norms critical even though its latest filing remains undisclosed; retain vigilance around geopolitical disruptions and fleet availability as material risks, and check Earnings Feed to view live SEC filings.

Source: Earnings Feed research · last updated 11/24/2025