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
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parker Wellbore
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Annual Revenue
$156.28 M-67as on Dec 31, 2019
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Net Profit
$-2.12 M99as on Dec 31, 2019
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EBITDA
$66.96 M1243as on Dec 31, 2019
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
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Cloud and app-based onshore and offshore drilling solutions are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information is provided about Parker Wellbore's activities.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Parker Wellbore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parker Wellbore Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.