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Nordic American Offshore ( NAO ) has recently shocked the market with a proposed offering of up to $40 million shares. Now that the company has finally issued its Q1 2019 earnings report , investors and traders have the chance to see how things are going on for the company and why an additi...
Nordic American Offshore ( NAO -5.5% ) reports Q1 average dayrates per on-hire day of $8,863, down 1.7% with utilization rate of 73.1% up from 54.5% and effective dayrates increase 32% to $6,481 More news on: Nordic American Offshore Ltd., Earnings news and commentary Read more ... ...
Nordic American Offshore (NYSE: NAO ): Q1 GAAP EPS of -$0.98 misses by $0.60 . Revenue of $4.56M (+33.7% Y/Y) misses by $3.34M . Press Release More news on: Nordic American Offshore Ltd., Earnings news and commentary, Consumer stocks news, ,
Hamilton, Bermuda, June 6, 2019. Nordic American Offshore Ltd., (the "Company") announces its financial results for the three months ended March 31, 2019, the change of the Company's name to Hermitage Offshore Services Ltd. and the appointment of a new Chief Financial Officer. Re...
MONACO, MAY 30, 2019 (GLOBE NEWSWIRE) – Nordic American Offshore Ltd. (NYSE: NAO ) ("NAO," or the "Company") announced today that the Company plans to issue its financial results for the first quarter 2019 before the open of trading in the U.S. on Thursday, June 6, 2019. A...
Nordic American Offshore ( NAO ) shares were enjoying upside following the deal with creditors that saved common equity, when suddenly the company filed Form F-1 , in which it revealed that it is going to offer up to $40 million of its shares. The stock market reaction was immediate, and th...
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Finally, ailing offshore service vessel provider Nordic American Offshore ( NAO ) managed to come to terms with creditors. The company has been in default under its $150 million credit facility for some time already and negotiations seemed to be neverending. But two weeks ago, Nordic America...
Earlier this month, I wrote about a deal reached by Nordic American Offshore ( NAO ), its creditors and shareholder Scorpio Offshore. The company has published the details of the deal, so investors and traders now have more details on the dilution and fleet composition. Here’s the n...
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Hamilton, Bermuda, June 6, 2019. Nordic American Offshore Ltd., (the "Company") announces its financial results for the three months ended March 31, 2019, the change of the Company's name to Hermitage Offshore Services Ltd. and the appointment of a new Chief Financial Officer. Re...
MONACO, MAY 30, 2019 (GLOBE NEWSWIRE) – Nordic American Offshore Ltd. (NYSE: NAO ) ("NAO," or the "Company") announced today that the Company plans to issue its financial results for the first quarter 2019 before the open of trading in the U.S. on Thursday, June 6, 2019. A...
Hamilton, Bermuda-April 10, 2019-Nordic American Offshore Ltd. (the "Company" or "NAO") announced today that it has completed the previously announced acquisition of thirteen vessels from Scorpio Offshore Holdings Inc. for 8,126,219 common shares at $2.7774/ share. In a separate transaction...