Parker Drilling Makes Announcement Regarding Cash Payment Process for Reverse Stock Split in Light of COVID-19
As previously announced, on March 19, 2020, Parker Drilling Company (the “Company”) filed with the State of Delaware amendments (the “Charter 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 (the “Reverse Stock …
Parker Drilling Makes Statement Regarding Recent Stock Splits
As previously announced, on March 19, 2020, Parker Drilling Company 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 …
Parker Drilling Company Appoints Sandy Esslemont President, Chief Executive Officer and Member of the Board of Directors
Parker Drilling Company today 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 …
Parker Announces Approval For Listing On The NYSE
Parker Drilling Company (“Parker” or the “Company”) today announced that its common stock has been approved for listing on the NYSE. Parker expects that the common stock will begin trading on NYSE on or around April 3, 2019. The trading symbol for the common stock is “PKD,” which is the …