A Director at Parker Drilling Company (PKD) is Selling Shares


Today, a Director at Parker Drilling Company (PKD), Richard D. Paterson, sold shares of PKD for $3,924.

This is Paterson’s first Sell trade following 3 Buy transactions. This is Paterson’s first transaction since reporting a Sell transaction on ECR back in December 2018

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Based on Parker Drilling Company’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $123 million and GAAP net loss of $70.95 million. In comparison, last year the company earned revenue of $116 million and had a GAAP net loss of $28.69 million. Currently, Parker Drilling Company has an average volume of 44.86K.

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Parker Drilling Co. is a holding company which provides contract drilling and drilling-related services as well as rental tools and services. It operates through the Drilling Services and Rental Tools Services. The Drilling Services segment comprises United States, and International and Alaska Drilling.

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