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 stock yearly return is shown above.
The yearly return on the PKD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PKD annual return calculation with any dividends reinvested as applicable (on ex-dates).
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