Michael Sumruld - Parker Drilling VP CFO

PKDCDelisted Stock  USD 7.10  0.00  0.00%   

Insider

Michael Sumruld is VP CFO of Parker Drilling
Age 52
Phone281 406 2000
Webhttps://www.parkerdrilling.com

Parker Drilling Management Efficiency

The company has return on total asset (ROA) of 0.0348 % which means that it generated a profit of $0.0348 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3483) %, meaning that it created substantial loss on money invested by shareholders. Parker Drilling's management efficiency ratios could be used to measure how well Parker Drilling manages its routine affairs as well as how well it operates its assets and liabilities.
Parker Drilling currently holds 177.94 M in liabilities with Debt to Equity (D/E) ratio of 0.58, which is about average as compared to similar companies. Parker Drilling has a current ratio of 2.66, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Parker Drilling until it has trouble settling it off, either with new capital or with free cash flow. So, Parker Drilling's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Parker Drilling sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parker to invest in growth at high rates of return. When we think about Parker Drilling's use of debt, we should always consider it together with cash and equity.
Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas. Parker Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2670 people. Parker Drilling [PKDC] is a Pink Sheet which is traded between brokers as part of OTC trading. Parker Drilling is listed under Petroleum and Natural Gas category by Fama And French industry classification.

Management Performance

Parker Drilling Leadership Team

Elected by the shareholders, the Parker Drilling's board of directors comprises two types of representatives: Parker Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parker. The board's role is to monitor Parker Drilling's management team and ensure that shareholders' interests are well served. Parker Drilling's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parker Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Simons, Chief VP
Jason Geach, VP Devel
Bryan Collins, Sr Devel
Nick Henley, Investor Director
Michael Sumruld, VP CFO
Nathaniel Dockray, Treasurer
Alexander Esslemont, CEO Pres
Brage Johannessen, VP Operations

Parker Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Parker Drilling a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in Parker Pink Sheet

If you are still planning to invest in Parker Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parker Drilling's history and understand the potential risks before investing.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world