Trading Review for Parker Drilling Company Issued by Beacon Equity

November 4, 2009 6:50 AM EST

DALLAS, Nov. 4, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring oil and gas drilling and exploration company Parker Drilling Company (NYSE: PKD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The investment report on Parker Drilling Company should be of particular interest to other oil and gas drilling and exploration companies: Helmerich & Payne Inc. (NYSE: HP), Noble Corporation (NYSE: NE) and Transocean Limited (NYSE: RIG).

The full report is available at: http://www.beaconequity.com/i/PKD

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Parker Drilling Company (PKD) provides drilling services to the energy industry, including both land and offshore projects. The Company operates drilling rigs, provides project management and rental tools to the industry in nine countries. The Company also offers engineering, logistics, health, safety, human resources, quality programs, preventive maintenance and alliance management.

Message Board Search for PKD: http://www.boardcentral.com/boards/PKD

In the report, the analyst notes:

"The Company's ability to grow its business is a primarily a function of oil and natural gas prices. Estimates from industry analysts suggest that the industry expands revenue and earnings when oil prices reach above approximately $55 to $60 per barrel. Since December of last year, oil has rallied smartly to above $75 per barrel, providing a price level to support exploration and development activity in the oil patch and demand for oil services companies.

"Since capital formation and investor demand within the oil market is correlated strongly to fossil fuels prices, factors affecting prices are important considerations in an investment in oil services companies. These factors include the value of the U.S. dollar, oil supplies, oil demand and geopolitical risk."

To read the entire report visit: http://www.beaconequity.com/i/PKD

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BeaconEquity.com is one of the industry's largest small-cap report providers striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

CONTACT:  Beacon Equity Research
          Jeff Bishop
          (469)-252-3505
          press@beaconequity.com

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