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Pacific Drilling (NYSE: PACD ) discloses the resignation of Senior VP and CFO James Harris, effective Sept. 14. More news on: Pacific Drilling S.A., Energy stocks news, Read more ...
At the very beginning of June, I published an article titled " Valaris' Restructuring Is Near ". I argued that Valaris ( VAL ) will soon have to file for bankruptcy and raise additional funds to stay afloat which meant that common equity was set to get zero in the upcoming restructuring. At th...
Noble Corp. ( NE ) shares have rallied together with other offshore drilling stocks on optimism about the economic recovery and the extension of current production cuts from OPEC+. Recently, I was wondering whether offshore drilling stocks will have a last rally before filing for bankruptcy li...
Note: Valaris PLC (NYSE: VAL ) has been covered by me previously, so investors should view this as an update to my earlier articles on the company. On Friday, a stunning jobs report and the OPEC+ decision to extend recent production cuts by another month, caused a massive rally in ...
On Thursday, May 7, 2020, ultra-deepwater drilling specialist Pacific Drilling S.A. ( PACD ) announced its first quarter 2020 earnings results. At first glance, these results were fairly impressive as the company beat the expectations of its analysts in terms of both top-line revenues and bo...
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 05/14/2020. Please visit our Tracking David Abrams’ Abrams Capital Management ...
Note: I have previously covered Pacific Drilling (NYSE: PACD ), so investors should view this as an update to my earlier articles on the company. Earlier this month junior offshore driller Pacific Drilling reported Q1/2020 results and provided an updated fleet status report ...
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 ...
Image source: The Motley Fool. PACIFIC DRILLING S.A. (NYSE: PACD) Q1 2020 Earnings Call May 9, 2020 , 9:00 p.m. ET Operator Continue reading
Pacific Drilling SA (PACD) Q1 2020 Earnings Conference Call May 08, 2020, 11:00 ET Company Participants Lisa Buchanan - SVP, General Counsel & Secretary Bernie Wolford - CEO & Director James Harris - SVP & CFO Michael Acuff - SVP, Commercial Conference Call Parti...
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Pacific Drilling S.A. (NYSE: PACD) announced today that it and certain of its domestic and international subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas ...
Pacific Drilling S.A. (NYSE: PACD) (the “Company”) announced today that the High Court in London has denied the application of the Company’s subsidiaries Pacific Drilling VIII Limited (“PDVIII”) and Pacific Drilling Services, Inc. (“PDSI”...
Are These On Your Penny Stocks To Watch List Right Now? This week we’ve got a ton of things to think about no matter if its penny stocks or blue-chips . Regardless of the broader repercussions that may come Monday morning, there are several penny stocks to watch based...