During Wednesday’s Current trade, Shares of Diamond Offshore Drilling Inc (NYSE:DO), gain 0.66% to $21.31.
Diamond Offshore Drilling, Inc. (DO) stated net income of $90 million, or $0.66 per share, in the second quarter of 2015, contrast to $90 million, or $0.65 per share, in the second quarter of 2014. Revenues in the second quarter of 2015 were $634 million, contrast to revenues of $692 million in the second quarter of 2014.
Additionally, the Company recently declared that the Ocean Apex was awarded a contract for an 18-month term offshore Australia starting in the second quarter of 2016 at a rate of $285,000 per day.
Diamond Offshore also declared recently that it has declared a regular quarterly dividend of $0.125 per share, payable on September 1, 2015 to shareholders of record as of August 14, 2015.
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company provides services in floater market, such as ultra-deepwater, deepwater, and mid-water; and non-floater or jack-up market. It operates a fleet of 38 offshore drilling rigs, which comprise 27 semisubmersibles, counting 1 under construction; 6 jack-ups; and 5 dynamically positioned drillships, counting 1 under construction.
Shares of AES Corp (NYSE:AES), inclined 0.72% to $12.65, during its current trading session.
The Board of Directors of The AES Corporation (AES) declared a quarterly common stock dividend of 10 cents per share payable August 17, 2015, to shareholders of record at the close of business on August 3, 2015.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels to generate electricity, counting natural gas, coal, hydro, wind, energy storage, oil, diesel, petroleum coke, biomass, landfill gas, and solar.
Basic Energy Services, Inc (NYSE:BAS), during its Wednesday’s current trading session gained 6.86% to $6.85.
Basic Energy Services, Inc. (BAS) stated selected operating data for the month of June 2015. Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 55,800, producing a rig utilization rate of 55%, contrast to 50% and 74% in May 2015 and June 2014, respectively.
During the month, Basic’s fluid service truck count raised by six to 1,012. Fluid service truck hours for the month were 193,200, contrast to 189,900 and 205,300 in May 2015 and June 2014, respectively.
Drilling rig days for the month were 60, producing a rig utilization of 17% contrast to 26% and 88% in May 2015 and June 2014, respectively.
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 291 pumping units; and 66 air compressor packages, counting 36 snubbing units, 16 coiled tubing units, and 10 wireline units.
Finally, Precision Drilling Corp (USA) (NYSE:PDS), gained 0.99%, to $5.11.
The Board of Directors of Precision Drilling Corporation ( PDS ) has declared a dividend on its common shares of $0.07 per common share, payable on August 21, 2015, to shareholders of record on August 10, 2015. For Canadian income tax purposes, all dividends paid by Precision on its common shares are designated as “eligible dividends”, unless otherwise indicated by Precision.
Net loss this quarter was $30 million, or $0.10 per diluted share, contrast to a net loss of $7 million, or $0.02 per diluted share, in the second quarter of 2014.
Revenue this quarter was $334 million or 30% lower than the second quarter of 2014, mainly due to lower activity from our North American operations. Revenue from our Contract Drilling Services and Completion and Production Services segments reduced over the comparative preceding year period by 27% and 46%, respectively.
Precision Drilling Corporation provides oil and natural gas drilling and related services and products. The company operates through two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment’s services comprise land drilling, directional drilling, and turnkey drilling; and procurement and distribution of oilfield supplies, in addition to manufacture, refurbishment, and sale of drilling and service rig equipment.
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