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Parker Drilling Co overview

Industry
Oil & Energy
Revenue
Headquarters
Employees
2,670
Founded in
Website
Organization type
Public
Social media
Parker Drilling Company (Parker) is a provider of contract drilling and drilling-related services. The Company operates in six segments: Rental Tools, U.S. Barge Drilling, U.S. Drilling, International Drilling, Technical Services and Construction Contract. During year ended December 31, 2012, the Company operated in 12 countries. The Company has operated in over 50 foreign countries and the United States. The Company's international drilling business includes operations related to Parker-owned and operated rigs, as well as customer-owned rigs. The Company's U.S. Drilling segment primarily consists of two new-design Arctic Alaska Drilling Unit (AADU) land rigs. The Company's construction contract segment includes only the BP-owned Liberty extended-reach drilling rig construction project. In April 2013, the Company announced the acquisition of International Tubular Services Limited and certain affiliates (ITS), subsidiaries of ITS Tubular Services (Holdings) Limited.
The staff at Parker Drilling Co come from unusually diverse demographic backgrounds. The company is 16.1% female and 44.9% ethnic minorities. Despite its diversity in other areas, Parker Drilling Co employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 100.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Parker Drilling Co has great employee retention with staff members usually staying with the company for 4.1 years.The average employee at Parker Drilling Co makes $93,598 per year, which is competitive for its industry and location. Some of its highest paying competitors, Nabors Drilling USA, LP, Latshawdrilling, and Frontier Drilling, pay $93,476, $90,857, and $89,405, respectively.
A large energy company with 2,670 employees and an annual revenue of $480.8M, Parker Drilling Co is headquartered in Houston, TX.

Parker Drilling Co's mission statement

To drill rigs and by operating customer-owned rigs.

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2.0/5

Parker Drilling Co employee reviews

Based on 2 ratings

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Parker Drilling Co employee reviews

Parker Drilling Co employee reviews
2.0/5

Based on 2 ratings

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Employee reviews
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3.0
A zippia user wrote a review on Nov 2024
Pros of working at Parker Drilling Co

Pay is on time though overtime you have to chase in recent years. It eventually gets paid but you often wait over two pay periods

Cons of working at Parker Drilling Co

They choose the cheapest flights of late they don't have the money for capital expenditure

Parker Drilling Co benefits

No real benifits since it was floated on the stock market only the ones that are required by law

What do you like best about Parker Drilling Co's CEO and the leadership team?

Parker has gone down in my opinion since Bobby Parker Sr lost control of the company and it shifted it's base to Houston

How would you improve Parker Drilling Co's culture?

I would return to its old values and remove the top heavy culture that has evolved

How did you prepare for the Parker Drilling Co interview?

I didn't they hired me on my CV back then the oilfield hands always knew someone who knew you so it was easy to get a job they just asked around

How does your compensation at Parker Drilling Co compare to the industry average?

It is about middle of the road lately a little less than average

What's the diversity at Parker Drilling Co like?

It pretty good there are a lot of different people in our team

What brings you the most joy at Parker Drilling Co?

The people parker has always had a good team of like minded people though head office management has changed a lot they use to have a padre in the newsletter his column was called sunny side things started to go down hill after they removed that position in the company

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The team at Parker Drilling Co

  • The key people at Parker Drilling Co is Gary Rich.
Key people
Gary Rich

Parker Drilling Co rankings

Parker Drilling Co is ranked #63 on the Best Energy companies to work for in Texas list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Parker Drilling Co salaries

Average Parker Drilling Co salary
$93,598
yearly
$45.00 hourly
Updated March 14, 2024

Evaluate Parker Drilling Co's commitment to diversity and inclusion.

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Parker Drilling Co diversity

8.5
Diversity score
We calculated Parker Drilling Co’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Parker Drilling Co’s workforce.
Parker Drilling Co diversity summary. Zippia estimates Parker Drilling Co's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Parker Drilling Co's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Parker Drilling Co's workforce.
  • Parker Drilling Co has 2,670 employees.
  • 16% of Parker Drilling Co employees are women, while 84% are men.
  • The most common ethnicity at Parker Drilling Co is White (55%).
  • 18% of Parker Drilling Co employees are Black or African American.
  • 16% of Parker Drilling Co employees are Hispanic or Latino.
  • The average employee at Parker Drilling Co makes $93,598 per year.
  • Parker Drilling Co employees are most likely to be members of the republican party.
  • Employees at Parker Drilling Co stay with the company for 4.1 years on average.

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Parker Drilling Co office locations

Parker Drilling Co is headquartered in Houston, TX

Parker Drilling Co financial performance

10.0
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Parker Drilling Co currently has 480.8M in revenue. Parker Drilling Co's most recent quarter produced 160.1m (q3'2019).

Parker Drilling Co annual revenue

$969M
$775M
$581M
$387M
$194M
$0
2013
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Highest paying Parker Drilling Co competitors

Compare Parker Drilling Co salaries to competitors, including Nabors Drilling USA, LP, Latshawdrilling, and Frontier Drilling. Employees at Nabors Drilling USA, LP earn the highest average yearly salary of $93,476. The salaries at Latshawdrilling average $90,857 per year, and the salaries at Frontier Drilling come in at $89,405 per year.
RankCompanyAverage salaryJobs
1$93,4760
2$90,8570
3$89,4050
4$85,8500
5$84,0440
6$80,8500
7$79,6990
8$78,8460
9$78,0900
10$73,7410

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Parker Drilling Co FAQs

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Zippia gives an in-depth look into the details of Parker Drilling Co, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Parker Drilling Co. The employee data is based on information from people who have self-reported their past or current employments at Parker Drilling Co. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Parker Drilling Co. The data presented on this page does not represent the view of Parker Drilling Co and its employees or that of Zippia.

Parker Drilling Co may also be known as or be related to PARKER DRILLING CO DE, Parker Drilling, Parker Drilling Co and Parker Drilling Company.