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The oil and natural gas industry in Texas shed another 2,500 jobs over the past 10 days, the Houston Chronicle reports, citing new figures from state regulators. More news on: NexTier Oilfield Solutions Inc., ProPetro Holding Corp., Baker Hughes Company, Energy stocks news, Stocks on t...
Futures for West Texas Intermediate crude oil fell below zero on April 20, bottoming out below negative-$38 per barrel. In other words, traders were paying buyers to take the contracts. And while yesterday's disaster was partly a bizarre quirk of timing -- the contracts were for early M...
Things are going from bad to worse for U.S. crude oil. On April 17, West Texas Intermediate futures for May delivery hit an intraday low of $17.31 per barrel. The last time U.S. oil prices were this low was almost 21 years ago in June of 1999, when Shania Twain and the Backstreet Boys were ...
Note: I have previously covered Diamond Offshore Drilling ( DO ), so investors should view this as an update to my earlier articles on the company. On Thursday morning, leading offshore driller Diamond Offshore Drilling ("Diamond Offshore") shocked investors with its decision...
Shares of companies focused on the offshore drilling industry are plunging today. Leading the downdraft was Diamond Offshore Drilling (NYSE: DO) , which plummeted 38% by 2:30 p.m. EDT on Thursday. Weighing on the company was its decision not to make an interest ...
(Image: Semi-submersible Ocean BlackRhino Source: ALP Marine Traffic) A surprising move Diamond Offshore (DO) is one of the offshore drillers that I am regularly following on Seeking Alpha. The Company presents definitive weaknesses when it comes to its rig fleet, but up until a month ag...
Gainers: MoSys (NASDAQ: MOSY ) +100% . More news on: MoSys, Inc., Liberty TripAdvisor Holdings, Inc., Arcus Biosciences, Inc., Stocks on the move, , Read more ...
Ocean BlackHawk The “restructuring season” begins for offshore drillers: Diamond Offshore (DO) has just filed an 8-K in which it stated that it elected not to make the semiannual interest payment due in respect of its 5.70% senior notes due 2039. Diamond Offshore commented:...
Diamond Offshore Drilling (NYSE: DO ) -35% after skipping interest payment. More news on: Diamond Offshore Drilling, Inc., Athersys, Inc., InVivo Therapeutics Holdings Corp., Stocks on the move, , Read more ...
Diamond Offshore Drilling (NYSE: DO ) has elected not to make the semiannual interest payment due in respect of its 5.7% senior notes due 2039, according to an SEC filing . More news on: Diamond Offshore Drilling, Inc., Energy stocks news, Stocks on the move, Read more ...
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Noble Corporation and Diamond Offshore Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update PR Newswire SUGAR LAND, Texas , July 25, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) and Diamond Offs...
DIAMOND OFFSHORE TO RELEASE SECOND QUARTER 2024 RESULTS PR Newswire HOUSTON , July 17, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will release its second quarter 2024 operating results on Tuesday, August 6, 2024 af...
2024-07-10 22:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...