The estimated Net Worth of Patrick J Jr Bartels is at least $55.3 Tisíc dollars as of 1 August 2022. Mr. Bartels owns over 500 units of Parker Drilling stock worth over $55,250 and over the last 6 years he sold PKDC stock worth over $0. In addition, he makes $0 as Independent Director at Parker Drilling.
Patrick has made over 4 trades of the Parker Drilling stock since 2021, according to the Form 4 filled with the SEC. Most recently he bought 500 units of PKDC stock worth $62,790 on 1 August 2022.
The largest trade he's ever made was exercising 7,925 units of Parker Drilling stock on 4 February 2022 worth over $103,025. On average, Patrick trades about 676 units every 30 days since 2018. As of 1 August 2022 he still owns at least 4,250 units of Parker Drilling stock.
You can see the complete history of Mr. Bartels stock trades at the bottom of the page.
Patrick J. Bartels Jr. serves as Independent Director of the Company. Mr. Bartels has led creditors’ committees and served as a director on numerous public and private boards of directors with an extensive track-record of driving value-added returns for all stakeholders through governance, incentive alignment, capital markets transactions and mergers and acquisitions. Mr. Bartels currently serves on the board of directors of Arch Coal, Inc., Sungard Availability Services, LifeCare Holdings, Tuscany International Drilling, Payless Holdings, LLC and Vanguard Natural Resources, Inc. Mr. Bartels also served on the board of directors of WCI Communities, Inc. and TOUSA Liquidation Trust. Mr. Bartels was previously a Managing Principal of Monarch Alternative Capital LP in New York, a private investment firm that focuses primarily on distressed companies. Prior to joining Monarch Alternative Capital LP, Mr. Bartels was a high-yield investments analyst at Invesco Ltd. He began his career at PricewaterhouseCoopers LLP, where he was a Certified Public Accountant. Mr. Bartels received a Bachelor of Science in Accounting with a concentration in Finance from Bucknell University. He also holds the Chartered Financial Analyst designation.
Patrick Bartels is 44, he's been the Independent Director of Parker Drilling since 2019. There are 10 older and 2 younger executives at Parker Drilling. The oldest executive at Parker Drilling Company is Eugene Davis, 65, who is the Independent Chairman of the Board.
Patrick's mailing address filed with the SEC is C/O DOUGLAS ELLIMAN INC., 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI, FL, 33137.
Over the last 6 years, insiders at Parker Drilling have traded over $7,381,949 worth of Parker Drilling stock and bought 1,374,439 units worth $21,384,720 . The most active insiders traders include Advisors Llcwhitebox Genera..., Capital Management Llc High... a George G Varde Investment P.... On average, Parker Drilling executives and independent directors trade stock every 14 days with the average trade being worth of $950,859. The most recent stock trade was executed by Bryan Ray Collins on 26 March 2020, trading 11,544 units of PKDC stock currently worth $150,072.
Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. It operates through two business lines, Drilling Services and Rental Tools Services. The Drilling Services business line drills oil, natural gas, and geothermal wells with company-owned rigs and customer-owned rigs; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas. This business line also provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas. The Rental Tools Services business line offers rental equipment, such as standard and heavy-weight drill pipes, tubing, drill collars, and others; pressure control equipment, including blow-out preventers; well construction services, such as tubular running services and downhole tools; well intervention services comprising whipstock, fishing products, and related services; and inspection and machine shop support services for exploration and production companies, drilling contractors, and service companies on land and offshore. The company serves independent and national oil and natural gas exploration and production companies, and integrated service providers in the United States, Russia and other Commonwealth of Independent States countries, Europe, the Middle East, Africa, Asia, Latin America, and other countries. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas.
Parker Drilling executives and other stock owners filed with the SEC include: