Company Information

  

Address: 5 GREENWAY PLAZA
SUITE 100 
City: HOUSTON 
State: TX 
Zip Code: 77046 
Telephone: 281-406-2000 

Description of Business

Primary SIC Code: 1381
(As filed with the SEC)  

Unless otherwise indicated, the terms "Company," "Parker," "we," "us" and "our" refer to Parker Drilling Company together with its subsidiaries and "Parker Drilling" refers solely to the parent, Parker Drilling Company. Parker Drilling was incorporated in the state of Oklahoma in 1954 after having been established in 1934. In March 1976, the state of incorporation of the Company was changed to Delaware. Our principal executive offices are located at 5 Greenway Plaza, Suite 100, Houston, Texas 77046. We are an international provider of contract drilling and drilling-related services as well as rental tools and services. We have operated in over 50 countries since beginning operations in 1934, making us among the most geographically experienced drilling contractors and rental tools providers in the world. We currently have operations in 20 countries.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-1.29NAN/E
03/2017-1.39NAN/E
12/2016-1.86NAN/E
09/2016-1.76NAN/E
06/2016-1.79NAN/E
03/2016-0.99NAN/E
12/2015-0.78NAN/E
09/2015-0.43NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.33Total Liab/Total Assets0.69
Net Inc/Total Assets-0.21Total Liab/Inv Cap0.76
Net Inc/Inv Cap-0.23Total Liab/Comm Equity1.10
Pretax Inc/Net Sales-0.37Interest Coverage Ratio-2.42
Net Inc/Net Sales-0.54Curr Debt/EquityNA
Cash Flow/Net Sales0.05LTD/Equity1.70
SG&A/NetSales0.08Total Debt/Equity1.70
Asset Utilization   Liquidity  
Net Receivables Turnover2.96Quick Ratio2.47
Inventory Turnover14.93Current Ratio2.78
Inventory Day Sales0.04Net Rec/Curr Assets0.40
Net Sales/Work Cap2.33Inv/Curr Assets0.11
Net Sales/PP&E0.60  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 118.31 109.61 98.27 94.03
Cost of Goods Sold 118.19 120.62 118.02 113.72
Selling & Admin Exps 7.03 6.50 7.04 9.13
Operating Income -6.82 -17.63 -27.14 -30.19
Interest Exp 11.07 11.10 10.87 11.05
Pretax Income -18.39 -28.15 -37.47 -42.64
Other Income -0.41 0.47 0.19 -2.76
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -20.31 -29.89 -39.81 -48.93

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 121.04 146.23 149.69 119.69
Receivables - Total 128.23 120.07 118.11 113.23
Inventories - Total 34.31 35.27 35.05 32.35
Total Current Assets 309.99 327.28 325.95 286.32
Net Property, Plant & Equipment 647.19 667.04 676.88 715.88
Total Assets 1,086.43 1,122.11 1,129.56 1,103.55
Liabilities        
Accounts Payable 91.39 111.44 93.71 102.92
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 91.39 111.44 93.71 102.92
Long-Term Debt 577.55 577.13 576.73 576.33
Total Liabilities 761.87 778.31 756.11 764.42
Stockholder's Equity        
Minority Interest NA NA NA 0.00
Preferred Stock 0.50 0.50 0.50 0.00
Common Stock 23.13 23.03 22.91 20.84
Retained Earnings -440.06 -419.75 -389.86 -350.05
Treasury Stock NA NA NA NA
Total Stockholders' Equity 324.56 343.80 373.44 339.14
Total Liabilities and Stockholders' Equity 1,086.43 1,122.11 1,129.56 1,103.55

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -6.84 10.02 -27.59 22.87
Net Cash Provided by Investing Activities -18.14 -11.97 -14.41 -7.82
Net Cash Provided by Financing Activities -0.22 -1.50 71.99 1.03

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012677.7637.310.31
12/2013874.1727.020.22
12/2014968.6823.450.19
12/2015712.18-95.07-0.78
12/2016427.00-230.81-1.86
Growth Rates-10.91----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1711988,30163.57




Report Date : 12/4/2017

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