$BAS (Basic Energy Services, Inc.)

$BAS {{ '2016-03-08T11:50:09+0000' | timeago}} • Announcement

Well site service provider $BAS reported Feb. 2016 well servicing rig count of 421, well servicing rig hours of 37,200 producing rig utilization rate of 35% versus 55% in Feb. 2015. Fluid service truck count rose by 1 to 987 and fluid service truck hours were 168,100. Drilling rig days for Feb. 2016 were 29 producing a rig utilization of 8%.

$NOG {{ '2017-07-24T14:12:50+0000' | timeago}} • Announcement

Energy exploration company $NOG has appointed senior executive Bahram Akradi to its BoD, effective immediately. Akradi currently serves as Northern Oil’s Chairman of the Board, President and CEO. It has also been agreed to increase the size of the Board to eight members from seven.

$SLB {{ '2017-07-21T15:34:50+0000' | timeago}} • Infographic

$SLB Schlumberger Limited Earnings AlphaGraphics: Q2 2017 highlights

$SLB {{ '2017-07-21T14:48:04+0000' | timeago}} • Webcast

$SLB said it is on track to double its operating revenues in the next two years. In the next 12 months, the company plans investments worth $390MM in Argentina and $700MM in Nigeria. There are also plans to engage partners, through venture funds, for executing various projects, rather than depending solely on cash deals.

$SLB {{ '2017-07-21T14:12:45+0000' | timeago}} • Webcast

Oilfield services provider $SLB expects to record capital expenditure of about $2.2Bil in fiscal 2017. Schlumberger forecasts its US land activity will remain strong throughout the second half of the year. The cyclical nature of the oilfield services industry continues to be the biggest risk being faced by the company.

$SLB {{ '2017-07-21T12:06:35+0000' | timeago}} • Announcement

$SLB repurchased 5.5MM shares of its common stock in 2Q17, at an average price of $72.34 per share. The total purchase price is $398 MM. Schlumberger agreed to acquire a majority equity interest in Eurasia Drilling Company during the quarter. The company also approved a quarterly cash dividend of $0.50 per share on its common stock.

$SLB {{ '2017-07-21T12:04:19+0000' | timeago}} • Announcement

The drilling division of $SLB witnessed a 4% annual increase in revenues in 2Q17. Revenues of the production and reservoir characterization segments advanced 18% and 11% respectively, compared to last year. Meanwhile, the Cameron group’s revenues fell 17%.

$SLB {{ '2017-07-21T11:47:43+0000' | timeago}} • Announcement

$SLB reported a 27% annual growth in its North American revenues to $2.2Bil in 2Q17, which contributed significantly to the company’s overall topline growth. Revenues in Latin America rose 3%, while those in Europe, CIS and Africa declined 10%. There was a 2% drop in revenues in Middle East and Asia.

$SLB {{ '2017-07-21T11:38:38+0000' | timeago}} • Webcast

$SLB’s net loss narrowed sharply to $74MM in 2Q17, helped by lower impairment charges and an increase in revenues across the segments. The 4% YoY revenue growth was driven mainly by strong performance in North America, due mainly to deployment of idle hydraulic fracturing capacity.  Impairment and other charges fell to $510MM from $2.57BIl in 2Q16.

$TDW {{ '2017-07-13T20:55:51+0000' | timeago}} • Announcement

$TDW said the United States Bankruptcy Court for the District of Delaware has confirmed its ‘second amended joint pre-packaged Chapter-11 plan of reorganization.’ The company expects the court to issue a written confirmation order on the matter within a few days.

$ESV {{ '2017-07-11T13:43:07+0000' | timeago}} • Announcement

$ESV received three drillship contracts offshore West Africa, representing 3 years of contracted term and more than 6 additional years of options. Contract drilling expense for 2Q17 is expected to be about $282MM after adjusting for $10MM settlement of legal contingency, slightly higher than prior forecast of $270-280MM.

$HLX {{ '2017-06-30T20:27:26+0000' | timeago}} • Announcement

$HLX entered into an amended credit agreement with a syndicated bank lending group for $250MM, consisting of a $150MM revolving credit facility and a $100MM term loan. The proceeds from the term loan as well as cash on hand were used to repay the approx. $180MM outstanding term loan prior to its amendment and restatement.

$ESV {{ '2017-06-30T10:51:13+0000' | timeago}} • Announcement

$ESV and $ATW received notice from the Department of Justice and the Federal Trade Commission granting early termination of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976. This is with respect to the proposed merger pursuant to which $ESV will buy $ATW in a stock transaction.

$MDSO {{ '2017-06-21T11:00:48+0000' | timeago}} • Announcement

S&P SmallCap 600 constituent $MDSO will replace $PVTB in the S&P MidCap 400, and $MDR will replace $MDSO in the S&P SmallCap 600 effective on June 26. $CM is acquiring $PVTB in a deal expected to be completed on June 23, 2017.

$SLB {{ '2017-06-20T12:54:04+0000' | timeago}} • Announcement

$SLB recommends stockholders reject mini-tender offer by TRC Capital (TRCC), as the offer price is at a price below the current market price for $SLB common stock. TRCC’s offer price of $65.63 per share is about 4.3% below the closing price of $SLB’s common stock on June 16, 2017, the last trading day before the commencement of TRCC's offer.

$CHK {{ '2017-06-20T12:10:44+0000' | timeago}} • Announcement

$CHK announced the expiration and final results of its offers to buy for cash up to $750MM of the outstanding notes. As on June 19, $CHK received valid tenders totaling about $1.9Bil aggregate principal amount of the notes.

$TDW {{ '2017-06-13T10:59:22+0000' | timeago}} • Announcement

$TDW reported a wider net loss in 4Q17, hurt by asset impairment charges. Net loss widened to $94.86MM or $2.01 per share from $81.79MM or $1.74 per share in 4Q16. Revenues dropped 12.7% to $160.75MM. Tidewater said it is awaiting the court’s approval to implement its pre-packaged restructuring plan, under a bankruptcy petition.

$HLX {{ '2017-06-06T13:50:51+0000' | timeago}} • Announcement

$HLX said Erik Staffeldt, who has served as its VP, Finance and Accounting since July of 2015, has been promoted to the position of SVP and CFO. Tony Tripodo, who has served as $HLX's EVP and CFO since June of 2008, will be transitioning to the position of EVP and Senior Advisor.

$ESV {{ '2017-05-30T12:31:38+0000' | timeago}} • Announcement

$ESV will acquire $ATW in an all-stock transaction. Under terms of merger agreement, Atwood shareholders will receive 1.60 shares of Ensco for each share of Atwood stock for $10.72 per share based on Ensco’s closing share price of $6.70 on 26 May 2017. Ensco expects to realize annual pre-tax expense synergies of $65MM for FY19 and beyond.

$OII {{ '2017-05-25T14:04:58+0000' | timeago}} • Announcement

$OII said one of its subsidiaries, Oceaneering Canada Ltd., agreed, expected to extend into 2026, with a major international oil and gas company to provide remotely operated vehicle services and equipment for projects located offshore of Newfoundland and Labrador, Canada.

$FTK {{ '2017-05-24T13:41:47+0000' | timeago}} • Announcement

$FTK closed on the sales of its Drilling Technologies and Production Technologies segments.  As previously disclosed, the Drilling Technologies division has been sold to $NOV for final consideration of $17MM. The Production Technologies segment has been acquired for total consideration of $2.9MM by an undisclosed buyer, as of May 23, 2017.

Recent Transcripts

MDR (McDermott International Inc.)
Tuesday, July 25 2017 - 12:30pm
HLX (Helix Energy Solutions Group, Inc.)
Monday, July 24 2017 - 2:00pm
SLB (Schlumberger Limited)
Friday, July 21 2017 - 12:30pm
KEG (Key Energy Services Inc.)
Thursday, May 11 2017 - 3:00pm
GST (Gastar Exploration Inc.)
Thursday, May 11 2017 - 2:00pm
ESTE (Earthstone Energy, Inc.)
Wednesday, May 10 2017 - 3:00pm
EPM (Evolution Petroleum Corp.)
Tuesday, May 9 2017 - 3:00pm
TESO (Tesco Corporation)
Tuesday, May 9 2017 - 2:00pm
ATW (Atwood Oceanics, Inc.)
Tuesday, May 9 2017 - 2:00pm
NOG (Northern Oil and Gas, Inc.)
Monday, May 8 2017 - 3:00pm
SEMG (SemGroup Corporation)
Friday, May 5 2017 - 3:00pm
GTE (Gran Tierra Energy, Inc.)
Thursday, May 4 2017 - 3:00pm
NGS (Natural Gas Services Group Inc.)
Thursday, May 4 2017 - 3:00pm
PQ (PetroQuest Energy Inc.)
Thursday, May 4 2017 - 1:30pm
CHK (Chesapeake Energy Corporation)
Thursday, May 4 2017 - 1:00pm
WG (Willbros Group Inc.)
Wednesday, May 3 2017 - 2:00pm
NOA (North American Energy Partners Inc.)
Wednesday, May 3 2017 - 1:00pm
FLS (Flowserve Corp.)
Tuesday, May 2 2017 - 3:00pm
OII (Oceaneering International, Inc.)
Thursday, April 27 2017 - 3:00pm
ESV (Ensco plc)
Thursday, April 27 2017 - 3:00pm

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