PACD News and Press, Pacific Drilling S.A. From 08/24/20

Note: I have covered Transocean (NYSE: RIG ) previously, so investors should view this as an update to my earlier articles on the company. On Wednesday, leading offshore driller Valaris PLC ( OTCPK:VALPQ ) finally filed for bankruptcy , a move that had been anticipated by the in...

Transocean ( RIG -16.9% ) shares sink as much as 24% intraday, as the offshore drilling group continues to face severe headwinds in an environment of weak oil prices. More news on: Transocean Ltd., Pacific Drilling S.A., Energy stocks news, Stocks on the move, Read more ...

Valaris ( VAL ) has just announced that it managed to reach consensus with certain creditors regarding its restructuring and published the restructuring support agreement . The company reached agreement with approximately 50% of its noteholders and plans to do the following: Equitize it...

This article is part of a series that provides an ongoing analysis of the changes made to David Abrams' 13F portfolio on a quarterly basis. It is based on Abrams' regulatory 13F Form filed on 08/13/2020. Please visit our Tracking David Abrams' Abrams Capital Management article for an idea ...

Pacific Drilling ( PACD ) has recently reported its second-quarter results, providing a chance to see how things are going at the company, which may become an M&A target during the current restructuring season. It reported revenues of $38.9 million and net loss of $87.4 million. During...

Pacific Drilling SA (PACD) Q2 2020 Earnings Conference Call August 07, 2020 11:00 AM ET Company Participants Lisa Buchanan - Senior Vice President, General Counsel & Secretary Bernie Wolford - Chief Executive Officer Jim Harris - Chief Financial Officer Michael Acuff - Seni...

Pacific Drilling (NYSE: PACD ) -3.6% after-hours as it has engaged financial and legal advisors to evaluate its longer-term liquidity outlook and capital structure, which may include Chapter 11 bankruptcy protection . More news on: Pacific Drilling S.A., Energy stocks news, Earnings n...

Pacific Drilling (NYSE: PACD ) : Q2 GAAP EPS of -$1.16 misses by $0.09 . More news on: Pacific Drilling S.A., Earnings news and commentary, Energy stocks news, , Read more ...

Pacific Drilling S.A. (NYSE: PACD) (“Pacific Drilling” or the “Company”) today reported results for the second quarter of 2020. Net loss for second-quarter 2020 was $87.4 million or $1.16 per diluted share, compared to net loss of $61.0 million or $0.81 per diluted...

Transocean ( RIG ) has recently reported its second-quarter results and held its conference call . The company reported revenue of $930 million which was boosted by a legal settlement, and net loss of $497 million which was driven by an asset impairment of $429 million. In the second-quarte...