Noble Corp
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Check out which companies are making headlines after the bell Wednesday:
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May 13- Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
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April 29- Ensco Plc, owner of the world's second-largest offshore drilling fleet, reported a larger-than-expected 20 percent rise in quarterly profit, helped by the deployment of new rigs over the past year. Net profit rose to $317 million, or $1.36 per share, from $265 million, or $1.20 per share, a year earlier.
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April 29- Ensco Plc, owner of the world's second-largest offshore drilling fleet, reported a 20 percent rise in quarterly profit, helped by the deployment of new rigs over the past year. First-quarter net profit rose to $317 million, or $1.36 per share, from $265 million, or $1.20 per share, a year earlier. Revenue rose 13 percent to $1.15 billion.
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Check out which companies are making headlines after the bell Wednesday:
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Earnings season kicks into high gear in the week ahead. Plus, at least 10 Fed speeches. How risk-averse are investors? Oh, this is going to put them to the test. Rest up.
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First, a soft ISM, now a soft ADP and soft ISM Services. Weaker economic data and global growth fears weigh on markets.
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LONDON/ PERTH, March 3- Oil engineering consultant Steve earns 550,000 Australian dollars a year and is seeing new graduates signed up for six-figure salaries. Australia, where 39- year old New Zealander Steve works as a drilling specialist for an international oil company, is one of the industry's inflation hotspots.
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ANCHORAGE, Alaska, Feb 27- Royal Dutch Shell Plc will not drill for oil in Alaska's Arctic seas this year, the company said on Wednesday, in a widely expected decision that follows a series of high-profile setbacks in 2012..
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ANCHORAGE, Alaska, Feb 27- Royal Dutch Shell Plc will not drill for oil in Alaska's Arctic seas this year, the company said on Wednesday, in a widely expected decision that follows a series of high-profile setbacks in 2012..
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Feb 27- Royal Dutch Shell will not be drilling for oil in Alaska's Beaufort and Chukchi Seas this year, the company said on Wednesday, a widely expected decision that follows a series of setbacks in the 2012 season. The departures, expected within weeks, will draw a curtain on the rigs' accident-prone first year at work in the Arctic.
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ANCHORAGE, Alaska, Feb 25- U.S. federal prosecutors have been asked to take legal action over safety and environmental violations discovered on one of two drillships Royal Dutch Shell used last year in Arctic waters off Alaska, officials said on Monday.
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ANCHORAGE, Alaska, Feb 8- The stricken Shell rig that has been anchored for a month in a bay off Kodiak Island is not subject to an Alaska oil and gas property tax, a state official said on Friday, adding a new wrinkle to a controversy over its potential tax liability.
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*4th- qtr earnings $1.12 per share vs $1.36 year earlier. The company, controlled by hotels, energy and financial services conglomerate Loews Corp, which reported stronger-than-expected quarterly profit, also said it had won a three-year $439 million contract from Royal Dutch Shell Plc for work in the North Sea.
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*4th- qtr earnings $1.12 per share vs $1.36 year earlier. Feb 5- Diamond Offshore Drilling Inc, the world's fourth-biggest offshore driller by market value, reported a stronger-than-expected quarterly profit as contract drilling expenses fell.
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A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
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Noble has performed well, and yesterday option traders were targeting the offshore-drilling contractor.
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Shell may have moved an oil rig that ran aground off Alaska last week partly to avoid millions of dollars in taxes, U.S. Rep. Ed Markey said, raising even more questions about the oil company's decision on the timing of the move.
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ANCHORAGE, Alaska/ WASHINGTON, Jan 10- Shell may have moved an oil rig that ran aground off Alaska last week partly to avoid millions of dollars in taxes, U.S. Ed Markey said, raising even more questions about the oil company's decision on the timing of the move.
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On Sunday night, it was refloated ahead of the 30- mile tow, before dropping anchor just past noon on Monday in Kiliuda Bay, which was previously designated a refuge for disabled vessels.
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A rescue team towed the Kulluk drillship 30 miles to shelter in Kiliuda Bay, Royal Dutch Shell's emergency response coordinator said. "The tow has gone pretty much as expected," Sean Churchfield, Shell's Alaska ventures manager, said at a Monday news conference in Anchorage. Kiliuda Bay was previously designated a refuge for disabled vessels.