Parker Drilling Co
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Company profile

Parker Drilling Company is a provider of contract drilling, drilling-related services and rental tools. Its business consists of two business lines: rental tools services and drilling services. Its rental tools services business includes U.S. rental tools and International rental tools segments, and its drilling services business includes its U.S. (lower 48) drilling and International & Alaska drilling segments. In its rental tools services business, the Company provides rental equipment and services to exploration and production companies, drilling contractors, and service companies on land and offshore in the United States and select international markets. In its drilling services business, the Company drills oil, natural gas, and geothermal wells for customers globally. It also provides well construction services, which include tubular running services and downhole tools, and well intervention services, which include whipstock, fishing and related services.

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Starbucks introduces line of ready-to-drink energy beverages, will launch drinks with oatmilk

9:12 am ET January 26, 2022 (MarketWatch)

Starbucks Corp. (SBUX) has launched its first energy drink, Starbucks Baya Energy, available at grocery stores and other retailers. The new beverage will be available at U.S. Starbucks locations starting March 1. Starbucks Baya Energy contains caffeine from coffee fruit and vitamin C, and comes in flavors including pineapple passionfruit and mango guava. Starbucks presents Mintel data showing energy drink sales were up 9.2% in 2020. Starbucks also announced plans for ready-to-drink beverages made with oatmilk, including Starbucks Frappuccino Coffee Drink with Oatmilk. Other items slated to launch include a new nitro cold brew and a tiramisu flavored Frappuccino. Starbucks stock has tumbled 7.3% over the past year while the S&P 500 index has gained 13.2%.

-Tonya Garcia


(END) Dow Jones Newswires

January 26, 2022 09:12 ET (14:12 GMT)

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