$TTI (TETRA Technologies, Inc.)

$TTI {{ '2016-05-19T12:15:39+0000' | timeago}} • Announcement

$TTI announced an extension of its tender offer to purchase any and all of its outstanding 5.09% Senior Notes, Series 2010-A, due Dec. 15, 2017 and its 5.67% Senior Notes, Series 2010-B, due Dec. 15, 2020. The tender offer, as so extended, will now expire immediately on June 2, unless the company terminates earlier or extends offer further.

$GE {{ '2018-01-17T20:56:28+0000' | timeago}} • Announcement

$GE Transportation signed two contracts, valued at over $900MM, with Kazakhstan's state-run railroad Kazakhstan Temir Zholy, as part of its long-term commitment to develop the country's railway infrastructure. The contracts include the delivery of 300 shunter locomotives and an 18-year service agreement.

$MDR {{ '2018-01-05T13:16:20+0000' | timeago}} • Announcement

Oilfiled technology company $MDR has appointed Ian Prescott as VP of Asia region, effective January 8. He succeeds Hugh Cuthbertson who will be retiring soon. Most recently, Ian served SNC-Lavalin as SVP and Director of Asia Pacific. Earlier, he held leadership positions in PAE plc and Aker Kvaerner.

$CNI {{ '2017-12-22T19:58:54+0000' | timeago}} • Announcement

Railroad company $CNI has decided to purchase 200 new locomotives from $GE over the next three years. Production of the locomotives will commence next year at the GE facility in Texas, and the units are expected to be delivered in 2018, 2019 and 2020. The order includes Tier-4 and Tier -3 Evolution Series locomotives.

$MDR {{ '2017-12-22T13:50:10+0000' | timeago}} • Announcement

$MDR, a technology company in the energy industry, received a major contract from Maersk Oil to provide engineering, procurement, construction and commissioning services for the Tyra Redevelopment project in North Sea. Work under the contract is expected to start early next year, and the lump sum will be reflected in McDermott’s 4Q17 backlog.

$WPX {{ '2017-12-21T20:19:34+0000' | timeago}} • Announcement

$WPX closed the divestiture of its legacy natural gas position in the San Juan Basin for $169MM. This includes WPX’s operated and non-operated gas properties in the basin. This does not include WPX’s oil operations in the basin’s Gallup play. $WPX expects to finish 2017 with about $200MM cash on-hand and no borrowings against its credit revolver.

$MDR {{ '2017-12-18T22:40:44+0000' | timeago}} • Announcement

$MDR and $CBI agreed to combine in a transaction that is expected to be cash accretive, excluding one-time costs, within the first year after closing. It is also expected to generate annualized cost synergies of $250MM in 2019. This is in addition to the $100MM cost reduction program that $CBI expects to have fully implemented by the end of 2017.

$MDR {{ '2017-12-18T22:40:30+0000' | timeago}} • Announcement

$MDR and $CBI have agreed to merge. $MDR shareholders will own approx. 53% and $CBI shareholders will own approx. 47% of the combined company. On a pro forma combined basis, $MDR and $CBI would have combined revenues of approx. $10Bil and a backlog of approx. $14.5Bil.

$MDR {{ '2017-12-18T22:40:13+0000' | timeago}} • Announcement

$MDR and $CBI have agreed to combine in an all-stock transaction. $CBI shareholders are entitled to receive 2.47221 shares of $MDR common stock for each share of $CBI common stock owned. The estimated value of the transaction is approx. $6Bil. The deal is expected to be completed in 2Q18.

$GE {{ '2017-12-18T14:51:55+0000' | timeago}} • Announcement

Airborne Wireless Network (ABWN) entered into a Support Agreement on Dec. 14, 2017 with GE Aviation, one of $GE Business Units. ABWN anticipates that this relationship should significantly accelerate the development of ABWN's proprietary Hybrid Radio and Free-Optics Communications System to be demonstrated CY18.

$HP {{ '2017-12-08T15:54:15+0000' | timeago}} • Announcement

$HP acquired Magnetic Variation Services LLC (MagVAR). Founded in 2010, MagVAR will maintain its headquarters in Westminster, Colorado. $HP closed its acquisition of MOTIVE Drilling Technologies Inc. in June 2017.

$GE {{ '2017-12-07T15:43:43+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. This aligns with $GE's effort to lower overall structural costs by $3.5Bil in 2017 and 2018. The plans announced are driven by challenges in the power market worldwide.

$GE {{ '2017-12-07T15:40:27+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. The headcount reductions, combined with actions taken previously in 2017, will position GE Power to reach its announced target of $1Bil in structural cost reductions in 2018.

$PX {{ '2017-12-01T18:02:19+0000' | timeago}} • Announcement

$PX and $GE's Aviation opened a new facility for their PG Technologies business, which specializes in advanced coatings that enable jet engines to withstand higher temperatures and stresses. PG Technologies is a JV between Praxair Surface Technologies Inc., a subsidiary of $PX, and GE Aviation.

$WPX {{ '2017-12-01T17:17:21+0000' | timeago}} • Announcement

$WPX appointed Clay Gaspar as president effective Dec. 1, 2017, in addition to his current role as its COO. Gaspar and the balance of $WPX's senior leadership will continue reporting directly to Rick Muncrief, $WPX's chairman and CEO.

$GE {{ '2017-11-17T11:32:54+0000' | timeago}} • Announcement

GE Additive, a $GE company, has acquired GeonX, a privately-owned developer of simulation software. Terms of the deal, which is aimed at strengthening $GE's software simulation capabilities, were not disclosed.

$HP {{ '2017-11-16T13:55:11+0000' | timeago}} • Infographic

$HP Helmerich & Payne Inc. Earnings AlphaGraphic: Q4 2017 Highlights

$NOV {{ '2017-11-16T13:41:37+0000' | timeago}} • Announcement

$NOV declared a regular quarterly cash dividend of $0.05 per share of common stock, payable on Dec 22, 2017, to each stockholder of record on Dec 8, 2017.

$HP {{ '2017-11-16T12:10:13+0000' | timeago}} • Announcement

As of Nov. 16, 2017, $HP said its existing fleet includes 350 land rigs in the U.S., 38 international land rigs, and eight offshore platform rigs. The company’s global fleet has a total of 388 land rigs, including 373 AC drive FlexRigs.

$HP {{ '2017-11-16T12:09:33+0000' | timeago}} • Announcement

$HP expects 2018 capital expenditures of $250-300MM and depreciation to decline by about 4% to about $560MM. General and administrative expenses are expected to increase by about 9% to about $165MM.

$HP {{ '2017-11-16T12:05:04+0000' | timeago}} • Announcement

$HP said International Land operations had a operating loss in 4Q17 compared to profit last quarter. This was due to the absence of retroactive revenues included in the previous quarter, which favorably impacted 3Q by about $10.7MM due to the effect of a customer's withdrawal of an early termination notice.

Recent Transcripts

HP (Helmerich & Payne, Inc.)
Thursday, November 16 2017 - 4:00pm
REI (Ring Energy, Inc.)
Thursday, November 9 2017 - 5:00pm
EPM (Evolution Petroleum Corp.)
Thursday, November 9 2017 - 4:00pm
TTI (TETRA Technologies, Inc.)
Thursday, November 9 2017 - 3:30pm
MCF (Contango Oil & Gas Company)
Wednesday, November 8 2017 - 3:30pm
ESTE (Earthstone Energy, Inc.)
Monday, November 6 2017 - 4:00pm
SN (Sanchez Energy Corporation)
Friday, November 3 2017 - 3:00pm
GTE (Gran Tierra Energy, Inc.)
Friday, November 3 2017 - 3:00pm
WPX (WPX Energy, Inc.)
Thursday, November 2 2017 - 2:00pm
IO (ION Geophysical Corporation)
Thursday, November 2 2017 - 2:00pm
WTI (W&T Offshore Inc.)
Thursday, November 2 2017 - 2:00pm
KEX (Kirby Corporation)
Thursday, November 2 2017 - 12:30pm
NFX (Newfield Exploration Co.)
Wednesday, November 1 2017 - 3:00pm
MDR (McDermott International Inc.)
Wednesday, November 1 2017 - 12:30pm
WFT (Weatherford International plc)
Wednesday, November 1 2017 - 12:30pm
ARLP (Alliance Resource Partners LP)
Monday, October 30 2017 - 2:00pm
NOV (National Oilwell Varco, Inc.)
Friday, October 27 2017 - 3:00pm
OIS (Oil States International Inc.)
Friday, October 27 2017 - 2:30pm
OII (Oceaneering International, Inc.)
Thursday, October 26 2017 - 3:00pm
WLL (Whiting Petroleum Corp.)
Thursday, October 26 2017 - 3:00pm

AlphaGraphics you may like