Parker Wellbore

Houston, United States Founded: 1934 • Age: 92 yrs Acquired By Nabors
Technology-enabled wellbore construction services are provided globally for energy sectors.
Annual revenue $156.3M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Parker Wellbore
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $156.28 M (USD)
    -67
    as on Dec 31, 2019
  • Net Profit
    -$2.12 M (USD)
    99
    as on Dec 31, 2019
  • EBITDA
    $66.96 M (USD)
    1243
    as on Dec 31, 2019
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Nabors

    (Mar 12, 2025)

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Funding Insights of Parker Wellbore

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Detailed funding history for Parker Wellbore

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Investors in Parker Wellbore

Parker Wellbore has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nabors.

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Institutional
Investor Description Founded Year Domain Location
Cloud and app-based onshore and offshore drilling solutions are provided.
Locked Locked Locked
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Investor details for Parker Wellbore

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Investments & Acquisitions by Parker Wellbore

Parker Wellbore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parker Wellbore.

Investments
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Investment portfolio details for Parker Wellbore

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information is provided about Parker Wellbore's activities.
Locked Locked 1994 Locked
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Complete acquisition details for Parker Wellbore

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Financial Statements - Parker Wellbore

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Detailed financials for Parker Wellbore

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Parker Wellbore Comparisons

Parker Wellbore Primary company
Description
Technology-enabled wellbore construction services are provid...
Location
Houston, United States
Founded Year
1934
Annual Revenue
$156.28 M (USD)
Net Profit
-$2.12 M (USD)
EBITDA
$66.96 M (USD)
Employees
Not available
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Peer comparison for Parker Wellbore

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Competitors of Parker Wellbore

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Detailed competitors of Parker Wellbore

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Latest news on Parker Wellbore

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Complete news archive for Parker Wellbore

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Frequently Asked Questions about Parker Wellbore

Parker Wellbore was founded in 1934.

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

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

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.

Parker Wellbore has made 1 acquisition, including Parker Wellbore.

Parker Wellbore has 1 investor. Key investors include Nabors.

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