Parker Drilling Company Overview

Parker Drilling Company (Parker) is a provider of contract drilling and drilling-related services
The staff at Parker Drilling Company come from unusually diverse demographic backgrounds. The company is 13.3% female and 44.9% ethnic minorities. Despite its diversity in other areas, Parker Drilling Company 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 Company has great employee retention with staff members usually staying with the company for 3.3 years. The average employee at Parker Drilling Company makes $83,310 per year. In comparison, some of its highest paying competitors, like Patterson-UTI, Cactus Drilling Co, and Nabors Drilling USA, LP, pay $90,612, $90,583, and $90,285, respectively.
A large energy company with 2,199 employees and an annual revenue of $399.1M, Parker Drilling Company is headquartered in Houston, Texas.

The Organization’s Mission

We are a worldwide service company providing drilling and rental tool services to the energy industry. We aspire to be the industry leader, providing innovative drilling and rental tool services in our strategic markets by exceeding the expectations of our customers, shareholders and employees.

Industry

Energy

Revenue

$399.1M

Employees

2,199

Founded in

1934

Headquarters

Houston, TX

Website

parkerdrilling.com

Organization Type

Public

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The Team At Parker Drilling Company

Key People
  • Gary Rich (ceo)

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Parker Drilling Company Rankings

Parker Drilling Company is ranked #47 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.

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Parker Drilling Company Salaries

How much does Parker Drilling Company pay?
The national average salary for a Parker Drilling Company employee in the United States is $83,310 per year. Employees in the top 10 percent can make over $103,000 per year, while employees at the bottom 10 percent earn less than $66,000 per year.
9.8
Salary Score
Average Employee Earnings

Parker Drilling Company Salaries By Job Title

While Parker Drilling Company employees earn an average yearly salary of $83,310, different roles can command different wages. The higher paying positions at Parker Drilling Company include Senior Network Engineer, Senior Web Developer, Owner, Consultant, and Implementations Lead. A typical Senior Network Engineer salary at Parker Drilling Company is $105,951. To get a better sense of the salaries at Parker Drilling Company, other roles such as Forklift Operator and Office Assistant can be considered as well. For comparison, the title Forklift Operator at Parker Drilling Company earns $42,728 per year.
Title
Average
Senior Network Engineer
Senior Network Engineer
$105,951
$106k
Senior Web Developer
Senior Web Developer
$100,433
$100k
Owner, Consultant
Owner, Consultant
$99,325
$99k
Implementations Lead
Implementations Lead
$98,574
$99k
Interactive Developer
Interactive Developer
$98,102
$98k
Safety Representative
Safety Representative
$95,795
$96k
Maintenance Superintendent
Maintenance Superintendent
$94,926
$95k
Lead Contractor
Lead Contractor
$94,607
$95k
Document Control Specialist
Document Control Specialist
$93,502
$94k
Operations Manager
Operations Manager
$93,203
$93k

Parker Drilling Company Careers

On average, employees at Parker Drilling Company stay with the company for 3.3 years. Employees most commonly join Parker Drilling Company after leaving Nabors Drilling USA, LP. When they leave Parker Drilling Company, they most frequently get their next job at Nabors Drilling USA, LP.

Average Length of Employment

Parker Drilling Company

3.3 years
Patterson-UTI2.6 years
Top Employers Before Parker Drilling Company
US Army6.1 %
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Top Employers After Parker Drilling Company
ENSCO6.4 %
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Parker Drilling Company Financial Performance

9.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1934

Organization type

Public

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Parker Drilling Company Competitors

Some of the competitors of Parker Drilling Company are Patterson-UTI, Cactus Drilling Co, and Nabors Drilling USA, LP. The wages at Patterson-UTI average higher than the other similar companies, where the median salary is $90,612 per year. The employees at Cactus Drilling Co earn an average yearly salary of $90,583 per year, and the salaries at Nabors Drilling USA, LP average $90,285 per year.

Frequently Asked Questions about Parker Drilling Company

When was Parker Drilling Company founded?

Parker Drilling Company was founded in 1934.

How many Employees does Parker Drilling Company have?

Parker Drilling Company has 2,199 employees.

How much money does Parker Drilling Company make?

Parker Drilling Company generates $399.1M in revenue.

What industry is Parker Drilling Company in?

Parker Drilling Company is in the energy industry.

What is Parker Drilling Company's mission?

Parker Drilling Company's mission statement is "We are a worldwide service company providing drilling and rental tool services to the energy industry. We aspire to be the industry leader, providing innovative drilling and rental tool services in our strategic markets by exceeding the expectations of our customers, shareholders and employees."

What type of company is Parker Drilling Company?

Parker Drilling Company is a public company.

Who are Parker Drilling Company's competitors?

Parker Drilling Company competitors include Nabors Industries, Patterson-UTI, Nabors Drilling USA, LP, Hercules Offshore, Helmerich & Payne, Precision Drilling, Rowan Companies plc, Schlumberger, Scientific Drilling International, Nabors Offshore, Frontier Drilling, Noble Drilling Services, Diamond Offshore Management Company, Union Drilling, Pride International, Cactus Drilling Co, Pioneer Drilling Services, Cyclone Drilling, Diamond Offshore Drilling, Lariat Services.

Who works at Parker Drilling Company?

Gary Rich (ceo)

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Zippia gives an in-depth look into the details of Parker Drilling Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Parker Drilling Company. The employee data is based on information from people who have self-reported their past or current employments at Parker Drilling Company. 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. The data presented on this page does not represent the view of Parker Drilling Company and its employees or that of Zippia.