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Gainers: Luokung Technology (NASDAQ: LKCO ) +136% . UQM Technologies (NYSEMKT: UQM ) +46% . Staffing 360 Solutions (NASDAQ: STAF ) +24% . MYnd Analytics (NASDAQ: MYND ) +18% . Boxlight Corporation (NASDAQ: BOXL ) +15% . XTL Biopharmaceuticals (NASDAQ: XTLB ) +14% . M...
Arconic (NYSE: ARNC ) -23% on no longer pursuing sale. More news on: Arconic Inc, PetMed Express, Inc., Stanley Black & Decker, Inc., News on the U.S. economy, , Read more ...
Seadrill Partners (NYSE: SDLP ) declares $0.01/share quarterly dividend , -90% decrease from prior dividend of $0.10. More news on: Seadrill Partners, LLC, Dividend News, , Read more ...
London, United Kingdom, January 22, 2019 - Seadrill Partners LLC (NYSE: SDLP) ("Seadrill Partners" or the "Company") announces today that it will reduce the quarterly distribution to its common unitholders from 10 cents per unit to 1 cent per unit. The move reflects the slower than antici...
My previous articles on supply fundamentals of the offshore drilling market, “ Will Drillship Rates Rise Rapidly? ” and “ Will Semi-Subs Rates Rise Rapidly? ” sparked lively discussion, so I decided to make the series complete and discuss the latest data on jack-up ...
This article is a continuation of the discussion started in my recent work " Will Drillship Rates Rise Rapidly? ", which was inspired by comments provided by Transocean ( RIG ) in relation to its purchase of Ocean Rig ( ORIG ). While the Transocean and Ocean Rig deal is the topic of the day,...
The recent decision of Transocean ( RIG ) to purchase Ocean Rig ( ORIG ) ignited a debate on whether floater rates (and, specifically, drillship rates since Ocean Rig has 9 drillships) will indeed rise rapidly and if we will see scarcity of rigs soon. This question is important not only for ...
(Courtesy: SDLP: The drillship West Auriga) Investment Thesis Seadrill Partners LLC (SDLP) is a well-managed offshore drilling company which is struggling with a high-level debt in a weak business environment. Fortunately for shareholders, Seadrill Partners managed to insulate the company ...
On Tuesday, August 21, 2018, offshore drilling contractor Seadrill Partners ( SDLP ) announced its second quarter 2018 earnings results . As is the case with all of the companies in the industry, Seadrill Partners has been struggling with challenging conditions in the industry. In that ligh...
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London, United Kingdom, December 19, 2019 - Seadrill Partners LLC (the “Company”) advises that the 2019 Annual Meeting of the Members of the Company was held on December 19, 2019 at 11:00 am London time, at 2nd Floor, 566 Chiswick High Road, Building 11, Chiswick Business Pa...
Highlights Operating revenue of $184.8 million Operating income of $13.0 million Net loss of $54.2 million Adjusted EBITDA of $91.9 million Cash and cash equivalents of $653.6 million Economic utilization of 95% Order backlog of $512 million as of November 21, 2019 1 cent per co...