Parker Drilling: 2Q Earnings Snapshot
HOUSTON (AP) _ Parker Drilling Co. (PKD) on Wednesday reported a loss of $22.9 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of $2.56.
The drilling contractor and oilfield services company posted revenue of $118.6 million in the period.
The company’s shares closed at $4.54. A year ago, they were trading at $18.74.