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Tidewater ( TDW ) has just reported its first-quarter results. While the offshore drilling industry is heading into mass restructuring (see my recent articles about Diamond Offshore ( DO ), Transocean ( RIG ), Valaris ( VAL ), Pacific Drilling ( PACD ) and Noble Corp . ( NE )), the ...
KlaymanToskes (“KT”), www.klaymantoskes.com , announced today that it is investigating the damages sustained during the Coronavirus (“COVID-19”) pandemic by employees and investors who held large positions in Diamond Offshore Drilling (NYSE:DO) stock at full-ser...
Hurt by the economic disruption cause by the COVID-19 pandemic, Loews (NYSE: L ) turns in a Q1 net loss of $632M, or $2.20 per share vs. net income of $394M, or $1.27 per share, in the year-ago quarter. More news on: Loews Corporation, CNA Financial Corporation, Diamond Offshore Drilling...
The coronavirus pandemic that Saudi Arabia used to launch an all-out war for global market share has turned into an absolute rout. Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. Eventually the market will turn and t...
While many other sectors of the stock market have recovered much of their losses, oil stocks as a group remain extremely beaten down. And that makes sense, considering that global oil demand is still down by double digits, with global travel all but halted. In the U.S., gasoline demand is down b...
These are tough times. Between the significant drop in energy prices and the other fallout associated with COVID-19, it's becoming clearer by the day that not every business that's alive today will survive this downturn. Already, in this downturn, we have seen some companies go under. The late...
Diamond Offshore Drilling (NYSE: DO ) down 61.2% pre-market after the company sues Beach Energy ( OTCPK:BEPTF ) for abruptly terminating a $65M drilling contract. More news on: Diamond Offshore Drilling, Inc., Beach Energy Limited, Beach Energy Limited, Energy stocks news, ...
NEW YORK , April 27, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Friday, May 1 : Enphase Energy Inc. (NASD:ENPH) will replace Core Laboratories N.V. (NY...
Enphase Energy (NASDAQ: ENPH ) is up 5.1% postmarket after news that it's replacing Core Laboratories (NYSE: CLB ) in the S&P MidCap 400 . More news on: Enphase Energy, Inc., Core Laboratories N.V., Akorn, Inc., Stocks on the move, Energy stocks news, Financial stocks news, Read...
Amid the coronavirus black swan, the bottom fell out of the energy sector, which was already down 40% from its peak prior to the pandemic based on the sector ETF ( XLE ). The double whammy of immeasurable collapse in demand and geopolitical shocks led to another ~60% collapse before a massive ...
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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...