HOUSTON, May 10, 2018 /PRNewswire/ -- Parker Drilling
Company (NYSE: PKD) today declared a cash dividend of $1.8125 per share on its 7.25% Series A Mandatory
Convertible Preferred Stock, payable on June
30, 2018, to holders of record at the close of business on
June 15, 2018. The dividend is
for the period beginning on March 31,
2018, and ending on June 29,
2018.
Company Description
Parker Drilling provides drilling
services and rental tools to the energy industry. The Company's
Drilling Services business serves operators in the inland waters of
the U.S. Gulf of Mexico utilizing
Parker Drilling's barge rig fleet
and in select U.S. and international markets and harsh-environment
regions utilizing Parker-owned and customer-owned equipment. The
Company's Rental Tools Services business supplies premium equipment
and well services to operators on land and offshore in the U.S. and
international markets. More information about Parker Drilling can be found on the Company's
website at www.parkerdrilling.com.
Contact: Nick Henley,
Investor Relations Director, (+1) (281) 406-2082,
nick.henley@parkerdrilling.com
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SOURCE Parker Drilling Company