A land drilling contractor which conducts oil, gas and geothermal land drilling operations in the U.S. Lower 48 states, Alaska, Canada, South and Central America, the Middle East, the Far East and Africa.
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The recent payout of the CEO's exit (although he is retaining his position on the board) is more than the company's profit for the last FY. Details of the settlement are not public, so we don't know if it is over one year or 20, but still represents a chunk of change. The stock has been under-performing the DOW for a long time - although for those who bottom fished, there were rewards when the stock went from 0.50 to 35.00. Stock performance has been flat however over the last 5 years, fluctuating around 18, which is about half of what it was in the early part of the decade. No dividend payout - sorry, it will remain flat over the next few years.