Parker Wellbore

Houston, United States Founded: 1934 • Age: 92 yrs Acquired By Nabors
Technology-enabled wellbore construction services are provided globally for energy sectors.
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About Parker Wellbore

Parker Wellbore is a company based in Houston (United States) founded in 1934 was acquired by Nabors in March 2025.. Parker Wellbore has completed 1 acquisition, including Parker Wellbore.

  • Headquarter Houston, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parker Wellbore
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $156.28 M
    -67
    as on Dec 31, 2019
  • Net Profit
    $-2.12 M
    99
    as on Dec 31, 2019
  • EBITDA
    $66.96 M
    1243
    as on Dec 31, 2019
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Nabors

    (Mar 12, 2025)

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Funding Insights of Parker Wellbore

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Parker Wellbore

Parker Wellbore has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nabors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Cloud and app-based onshore and offshore drilling solutions are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Parker Wellbore

Parker Wellbore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parker Wellbore. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information is provided about Parker Wellbore's activities.
1994
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Parker Wellbore

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Parker Wellbore Comparisons

Employees
+
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Competitors of Parker Wellbore

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Parker Wellbore

Frequently Asked Questions about Parker Wellbore

When was Parker Wellbore founded?

Parker Wellbore was founded in 1934.

Where is Parker Wellbore located?

Parker Wellbore is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

What is the annual revenue of Parker Wellbore?

Annual revenue of Parker Wellbore is $156.28M as on Dec 31, 2019.

What does Parker Wellbore do?

Parker Wellbore was founded in 1934 and is headquartered in Houston, United States. Operations are conducted as a global provider in the hydrocarbon and energy transition industries. Wellbore construction technologies and services are delivered to support drilling and production activities. Partnerships with energy companies are formed to address performance optimization and risk reduction needs across international locations.

How many acquisitions has Parker Wellbore made?

Parker Wellbore has made 1 acquisition, including Parker Wellbore.

Who are Parker Wellbore's investors?

Parker Wellbore has 1 investor. Key investors include Nabors.

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