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Posts related to ‘offshore drilling companies’

Hercules Offshore Gets a Boost

Services and drilling company Hercules Offshore Inc. (NASDAQ: HERO) recently received some positive comments from two analysts, including an upgrade to Outperform today from Stephens. The company, mostly a shallow-water ...
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Offshore Drillers: Value in the Water (SDRL, RIG, ESV, DO, NE)

There are easier ways to make a living than drilling for oil and gas in hundreds or thousands of feet of water, but the rewards can more than repay the ...
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DryShips Prices Secondary Offering for Ocean Rig (DRYS, ORIG)

DryShips Inc. (NASDAQ: DRYS) has priced a secondary offering of 10 million shares for its majority-owned subsidiary Ocean Rig UDW Inc. (NASDAQ: ORIG), at $16.25, essentially equal to last night’s ...
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Transocean Secondary Offering Completed, New Debt Up Next (RIG)

Transocean Ltd. (NYSE: RIG) yesterday announced a secondary offering of 26 million shares. The sale was completed today at a share price of $40.50, more than a dollar lower than ...
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Transocean’s Norwegian Buyout Highlights Value in Drillers (RIG, BP, NOV, PDS, SDRL, DVR, HERO, VTG, PKD, PDC)

Transocean Ltd. (NYSE: RIG) must think that its dispute with BP plc (NYSE: BP) over responsibility for the explosion of its Deepwater Horizon platform in April 2010 is either going ...
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