PKDSQ - Parker Drilling Company

Other OTC - Other OTC Delayed Price. Currency in USD
0.2400
+0.0050 (+2.13%)
At close: 1:49PM EDT
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Previous Close0.2350
Open0.2350
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2326 - 0.2400
52 Week Range0.2100 - 7.2135
Volume6,317
Avg. Volume29,577
Market Cap2.252M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.00
  • PR Newswire3 months ago

    Parker Drilling Plan of Reorganization Confirmed by Court

    HOUSTON, March 7, 2019 /PRNewswire/ -- Parker Drilling Company (OTC Pink Marketplace: PKDSQ) ("Parker" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Amended Joint Chapter 11 Plan of Reorganization (the "Plan") of Parker and its debtor affiliates. The Plan calls for the issuance of equity and a new $210 million Second-Lien Term Loan due 2024 to holders of Parker's funded debt and the injection of $95 million of new, fully-committed equity capital through a backstopped rights offering. "Confirmation of our Plan is a key step towards putting Parker on the right path for a successful future with a stronger financial position," said Gary Rich, Chairman, President and Chief Executive Officer.

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