Oil & Gas Drilling

Page 2

Parker Drilling Co gives Q3 2014 EBITDA outlook; revenue outlook below analysts' estimates; lowers FY 2014 revenue outlook - Conference Call

Wednesday, 6 Aug 2014 11:00pm EDT

Parker Drilling Co:Expects Q3 2014 revenues will be in the range of $235 -$255 mln.Expects Q3 2014 EBITDA as a percent of revenues will be in the high 20 pct's.Expects FY 2014 revenue growth between 12-15 pct for FY 2013.This is lower than prior guidance, primarily due to the civil unrest in Iraq and lower than expected demand in Latin America.Reported revenue of $874.17 mln in FY 2013.Q3 2014 revenue of $261 mln, EBITDA of $78.82 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $1.003 bln - Thomson Reuters I/B/E/S.

Japan Drilling Co Ltd lowers consolidated full-year outlook for FY 2015

Wednesday, 6 Aug 2014 03:00am EDT

Japan Drilling Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 38,020 million yen from 38,894 million yen for FY ending March 2015.Sees a decrease of operating profit forecast to 1,135 million yen from 1,299 million yen.Sees a decrease of ordinary profit forecast to 1,752 million yen from 2,004 million yen.Sees a decrease of net profit forecast to 1,363 million yen from 1,599 million yen.Sees a decrease of earnings per share to 75.71 yen from 88.85 yen.FY 2015 revenues of 38.77 billion yen, reported net profit of 1.6 billion yen – Thomson Reuters I/B/E/S.Comments the sales decrease is the main reason for the forecast.

Japan Drilling Co Ltd amends consolidated mid-year outlook for FY 2015

Wednesday, 6 Aug 2014 03:00am EDT

Japan Drilling Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 14,804 million yen from 16,746 million yen for FY ending March 2015.Operating profit forecast increased to a loss of 687 million yen from a loss of 1,414 million yen.Ordinary profit forecast increased to 173 million yen from a loss of 466 million yen.Net profit forecast increased to 448 million yen from 33 million yen.Earnings per share increased to 24.86 yen from 1.85 yen.Comments the sales decrease and delay of projects are the main reasons for the forecast.

Vantage Drilling Co gives Q3 2014 earnings guidance below analysts' estimates - Conference Call

Tuesday, 5 Aug 2014 11:00am EDT

Vantage Drilling Co:Expects Q3 2014 EBITDA of $90 million to $105 million.Expects Q3 2014 profit range of about breakeven to $10 million, or $0.00 to $0.03 per share.Q3 2014 EBITDA of $115 million and EPS of $0.07 - Thomson Reuters I/B/E/S.

NPO Burovaya tekhnika OAO appoints chairman

Tuesday, 5 Aug 2014 04:19am EDT

NPO Burovaya tekhnika OAO:Appoints Dmitry Evgenevich Zimin to the post of chairman of the board of directors.

Paragon Offshore completes spin-off from Noble Corp

Monday, 4 Aug 2014 08:24am EDT

Noble Corp:Says it has completed the spin-off of all of the outstanding shares of Paragon Offshore plc, which owns most of Noble's standard specification drilling business.Noble and Paragon are now two separate, publicly-traded companies.Paragon ordinary shares will begin "regular-way" trading under the symbol "PGN" on the New York Stock Exchange on Aug. 4.Noble ordinary shares will continue to trade on the NYSE under the symbol "NE".

Paragon Offshore completes spin-off from Noble Corp

Monday, 4 Aug 2014 08:24am EDT

Noble Corp:Says it has completed the spin-off of all of the outstanding shares of Paragon Offshore plc, which owns most of Noble's standard specification drilling business.Noble and Paragon are now two separate, publicly-traded companies.Paragon ordinary shares will begin "regular-way" trading under the symbol "PGN" on the New York Stock Exchange on Aug. 4.Noble ordinary shares will continue to trade on the NYSE under the symbol "NE".

Independence Contract Drilling Inc sees IPO price between $14.00 and $16.00 per share - Form S-1/A

Thursday, 31 Jul 2014 03:45pm EDT

Independence Contract Drilling Inc:Offers 10,000,000 shares of its common stock.Anticipate initial public offering price will be between $14.00 and $16.00 per share.Common stock has been approved for listing on the New York Stock Exchange under the symbol ICD.Intend to use a portion of the net proceeds to repay outstanding amounts under existing revolving credit facility.Remaining net proceeds will be used to finance the construction of additional drilling rigs and for working capital and general corporate purposes.Underwriters are Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Tudor, Pickering, Holt & Co. Securities, Inc, Canaccord Genuity Inc, Capital One Securities, Inc, Cowen and Company, LLC, FBR Capital Markets & Co, IBERIA Capital Partners L.L.C, Johnson Rice & Company L.L.C.

Ensco plc gives Q3 2014 revenue guidance in line with analysts' estimates - Conference Call

Thursday, 31 Jul 2014 11:00am EDT

Ensco plc:Expects Q3 2014 total revenues to increase about 2pct above the Q2 2014 levels of $1.2 billion.Q3 2014 revenue of $1.273 billion - Thomson Reuters I/B/E/S.

Independence Contract Drilling launches initial public offering

Monday, 28 Jul 2014 06:00am EDT

Independence Contract Drilling Inc:Launches its initial public offering of 10,000,000 shares of common stock.Shares are expected to trade on the New York Stock Exchange under the ticker symbol "ICD.".Underwriters of the offering will have a 30-day option to purchase up to an additional 1,500,000 shares from Independence Contract Drilling to cover over-allotments, if any.Morgan Stanley, RBC Capital Markets and Tudor, Pickering, Holt & Co. are acting as book-running managers for the offering.Canaccord Genuity, Capital One Securities, Cowen and Company, FBR, IBERIA Capital Partners L.L.C. and Johnson Rice & Company L.L.C. are acting as co-managers.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: SADIF-Investment Analytics, S.A.
$25.00
Provider: GlobalData
$250.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.