Das Bergbauunternehmen ist seit Januar 2020 nicht mehr an einer Börse gelistet. Das Delisting von Parker Drilling Company fand aufgrund einer Umstrukturierung statt.
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As previously announced, on March 19, 2020, Parker Drilling filed with the State of Delaware amendments to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effectuate a 1-for-50 reverse stock split and, immediately thereafter, effectuate a 50-for-1 forward stock split. In accordance with [...]
As previously announced, on March 19, 2020, Parker Drilling filed with the State of Delaware certificates of amendment to the Company's certificate of incorporation, which became effective upon filing, to effectuate a 1-for-50 reverse stock split, which was followed immediately by a 50-for-1 forward stock split. As disclosed in public filings with [...]
Parker Drilling announced that its Board of Directors, following a global search led by Heidrick & Struggles, has appointed Sandy Esslemont, a veteran of the oil & gas industry, to serve as President and Chief Executive Officer. Mr. Esslemont will also join the Company's Board of Directors. He succeeds Gary Rich, who retired from the Company at the [...]
Parker Drilling announced that in connection with its previously announced plan to deregister its common stock under the Securities Exchange Act of 1934, as amended, the Company's Board of Directors determined the reverse stock split ratio to be 1-for-50 and the forward stock split ratio to be 50-for-1. These stock split ratios are within the [...]
Parker Drilling announced results for the fourth quarter ended Dec 31, 2019, which included a net loss of $2.1 million, or a $0.14 loss per share on revenues of $156.3 million. Fourth quarter Adjusted EBITDA was $25.9 million. Michael W. Sumruld, the Company's Senior Vice President and CFO, said, "We are very pleased with our results in 2019 [...]
