$PGR's net income for Dec. 2015 was $143.7MM or $0.24 per share, down from $187.6MM or $0.32 per share last year. Net premiums written declined by 11% to $1.39Bil and net premiums earned decreased by 9% to $1.60Bil.
$HAL said that for 2017, the company expects CapEx to be $1Bil, which includes reactivating cold-stacked pressure pumping equipment and continuous conversion of the hydraulic fracturing fleet to Q10 Pumps to support the company's surface efficiency strategy. The company also expects D&A to be about $1.4Bil for 2017.
In Europe, Africa and CIS, $HAL's 4Q16 revenue fell 9%, with a decrease in operating income of 5%. Conversely, in the Middle East, Asia region revenue rose 10%, with a increase in operating income of 32%.
$OA has been awarded a $50MM order from the U.S. government to supply non-U.S. standard ammunition (NSA) for the Department of Defense in support of international allies. $OA received the order under the Indefinite Delivery/Indefinite Quantity and Basic Ordering Agreement contracts.
Regionally, $HAL's North America revenue in 4Q16 rose 9%, with operating margins improving by about 550 BP. Latin American revenue rose by 3% in the quarter, with operating income nearly tripling for the quarter, helped by increased activity levels in Colombia and Argentina and year-end software sales and consulting in Venezuela and Mexico.