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Parker Drilling Company (PKD)


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Parker Drilling Company

5 Greenway Plaza
Suite 100
Houston, TX 77046
United States
281-406-2000
http://www.parkerdrilling.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees2,199

Key Executives

NameTitlePayExercisedAge
Mr. Gary G. RichChairman, Chief Exec. Officer and Pres1.76MN/A58
Mr. Christopher T. WeberChief Financial Officer and Sr. VP749.77kN/A44
Mr. Jon-Al DuplantierChief Admin. Officer, Sr. VP, Gen. Counsel and Sec.765.84kN/A50
Ms. Leslie K. NagyPrincipal Accounting Officer and ControllerN/AN/A43
Mr. Jason GeachVP of Investor Relations & Corp. Devel.N/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Parker Drilling Company, together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the United States, Russia, Europe, the Middle East, Africa, Asia, Latin America, Canada, and Internationally. It operates through two business lines, Drilling Services and Rental Tools Services. The Drilling Services business provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas. The Rental Tools Services business offers rental equipment, such as standard and heavy-weight drill pipes, tubing, pressure control equipment, including blow-out preventers, drill collars, and others; well construction services, including tubular running services and downhole tools; well intervention services comprising whipstock, fishing products, and related services; and inspection and machine shop support services for exploration and production companies, drilling contractors, and service companies on land and offshore. The company serves independent and national oil and natural gas companies, and integrated service providers. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas.

Corporate Governance

Parker Drilling Company’s ISS Governance QualityScore as of May 1, 2017 is 5. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 4; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.