On Monday, in the course of current trade, Shares of SeaDrill Limited (NYSE:SDRL), dropped -0.17%, and is now trading at $11.89.
- Seadrill Limited, reports first quarter 2015 EBITDA of US$711 million.
- Seadrill achieves 93% economic utilization for its floater fleet and 98% for its Jack-up fleet for the first quarter 2015.
- The Seadrill Group achieves 93% economic utilization for its floater fleet and 98% for its Jack-up fleet for the first quarter of 2015
- Seadrill reports first quarter 2015 net income of $448 million and diluted earnings per share of $0.86
- Seadrill reports orderbacklog of about $8.9 billion and $15.4 billion for the Seadrill Group
- Seadrill successfully closes SeaMex, the 50/50 Joint Venture agreement with Fintech Advisory Inc for the ownership and operation of 5 jack-up units in Mexico with PEMEX
- Seadrill takes delivery of the West Carina, a 6th generation ultra-deepwater drillship.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells.
During an Early trade, Shares of E*TRADE Financial Corporation (NASDAQ:ETFC), lost -0.54%, and is now trading at $29.30.
E*TRADE Financial Corporation, released its Monthly Activity Report for April 2015.
Daily Average Revenue Trades (“DARTs”) for April were 157,442, a one percent decrease from March and an eight percent decrease from the year-ago period. The Company added 37,077 gross new brokerage accounts in April, ending the month with about 3.2 million brokerage accounts — an enhance of 8,315 from March.
Net new brokerage assets were negative $0.4 billion in the month. During the month, customer security holdings raised by one percent, or $3.1 billion, and brokerage-related cash reduced by $0.3 billion to $41.3 billion. Bank-related cash and deposits reduced by $0.3 billion, ending the month at $5.5 billion. Customers were net sellers of about $0.5 billion in securities during the month.
E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Administration.
Shares of SandRidge Energy, Inc. (NYSE:SD), during its Monday’s current trading session fell -0.82%, and is now trading at $1.21.
SandRidge Energy, declared the commencement of a private offering of $1 billion in aggregate principal amount of senior secured notes due 2020 (the “Notes”). The Notes will be secured on a second lien priority basis and guaranteed by each of the Company’s restricted auxiliaries that will guarantee the Company’s revised revolving credit facility. The issuance of the Notes will be conditioned on, among other things, the effectiveness of a fully-committed revised $500 million borrowing base first lien revolving credit facility.
The Company intends to use the net proceeds from this offering to repay borrowings under its existing revolving credit facility and for general corporate purposes.
SandRidge Energy, Inc., an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The company operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services.
Finally, Nabors Industries Ltd. (NYSE:NBR), lost -2.03% Monday, as crude oil prices dropped on Monday as the dollar rose and on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations.
The Organization of the Petroleum Exporting Countries (OPEC) pumped at a two-and-a-half year high of 31.22 million barrels of oil per day (bpd) in May, a Reuters monthly survey showed. [OPEC/O]
The 12-member cartel meets in Vienna on Friday but is predictable to maintain its current production policy, keeping the world oil market amply supplied for the foreseeable future. Reuters Reports.
Nabors Industries Ltd., together with its auxiliaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services. It also provides completion, life-of-well maintenance, and plugging and abandonment of a well.
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