Parker Drilling is a holding company. Through its subsidiaries, Co. is a provider of contract drilling and drilling-related services and rental tools and services. Co. has two business lines: Drilling Services, in which Co. drills oil, natural gas and geothermal wells with both Co.-owned rigs and customer-owned rigs in addition to providing project-related services, such as engineering, project management, operations execution, and quality and safety management; and Rental Tools Services, which provides rental equipment and services to exploration and production companies, drilling contractors, and service companies on land and offshore in the U.S. and select international markets. The PKD average annual return 10 years is shown above.
The Average Annual Return on the PKD average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PKD average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PKD average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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