Progress Energy Newswire (Page 3)

Progress Energy Newswire (Page 3)

Comprehensive Real-Time News Feed for Progress Energy. (Page 3)

Results 41 - 60 of 67 in Progress Energy

  1. Paragon Offshore Has Best Investor Presentation Of The YearRead the original story w/Photo

    Dec 7, 2015 | Seeking Alpha

    PGN, in a brutally honest presentation, highlighted both strengths, the reality of market weaknesses and confirmed the seriousness and urgency of restructuring conversations. PGN's core strength of cheap jackups has been overwhelmed by a world where virtually all jackup operators are pricing at cost plus.

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  2. Noble Corporation - Takeaway From The Cowen 5th Energy Conference On December 1stRead the original story w/Photo

    Dec 3, 2015 | Seeking Alpha

    The same day we learn that Noble, may lay off, up to 130 employees early January, due to Noble Jim Day ending in January 2016 with no extension expected from. The risk of a Paragon offshore lawsuit is getting higher and we learned that the PGN bondholders got together and sought legal counsel.

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  3. Noble Corp. Is The Best-Positioned Offshore DrillerRead the original story w/Photo

    Dec 2, 2015 | Seeking Alpha

    Noble Corporation is a major contract driller of oil and natural gas wells. The company has seen its stock price fall from almost $40 per share in early 2014 down to recent lows of almost $10.

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  4. Noble Corp. - A Light At The End Of The TunnelRead the original story w/Photo

    Nov 23, 2015 | Seeking Alpha

    The recent oil crash has been one of the most unique things I have ever witnessed. Originating in July 2014, and continuing for the past 16 months, oil prices experienced a rapid drop before bottoming out at between $40 and $50 per barrel.

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  5. Awilco Drilling - A Top Candidate Or A One-Legged Man?Read the original story w/Photo

    Nov 17, 2015 | Seeking Alpha

    Seven months ago I did a survey on the near term competition in the mid-water semi-sub market in the UKNS. As the year is coming to an end and Awilco Drilling's WilHunter rig is now warm stacked I think it is an appropriate time to take another look at the situation.

    Comment?

  6. Noble Corp. Well-Positioned In Industry, Taking Steps To Protect Cash FlowRead the original story w/Photo

    Nov 16, 2015 | Seeking Alpha

    Noble does not derive a oversized proportion of its revenue from any one customer, providing protection against events such as a customer bankruptcy. The company has staggered debt maturity and does not have an outsized amount of debt maturing in any one year going forward.

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  7. Fitch Rates Duke Energy's Senior Notes 'BBB+'; Rating Watch NegativeRead the original story

    Nov 16, 2015 | Business Wire

    ... 2, 2015, CP outstanding was $1.9 billion. The remainder will be used to repay at maturity $300 million of Progress Energy Inc.'s senior notes due Jan. 15, 2016 and for general corporate purposes. Rating Watch Negative: The Rating Watch Negative ...

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  8. Paragon Offshore PLC Receives Consensus Rating of "Hold" from AnalystsRead the original story

    Nov 13, 2015 | AmericanBankingNews.com

    Shares of Paragon Offshore PLC have been assigned an average recommendation of "Hold" from the six ratings firms that are presently covering the firm, Marketbeat reports . One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

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  9. Paragon Offshore: Latest Fleet Status Shows A Negative NovemberRead the original story w/Photo

    Nov 11, 2015 | Seeking Alpha

    PGN had to slash its dayrate on an Indian bareback charter at a cost of $88 million in revenue and operating cash flow. While PGN has not secured a contract in the last three months, firms like ESV, NE and RIG all reported jackup contracting success in their last Fleet Status Reports.

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  10. Vantage Drilling - The Jackup Emerald Driller Spuds First Wildcat For Ophir In ThailandRead the original story w/Photo

    Oct 22, 2015 | Seeking Alpha

    The jackup Emerald Driller spudded its first well in Thailand for UK Ophir. A potential eight-well option could be exercised until March 2016, depending on the results.

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  11. Noble Corporation - Pros And ConsRead the original story w/Photo

    Oct 21, 2015 | Seeking Alpha

    This yield is sustainable in the short term, and liquidity and a solid backlog provide support for the company's position. Looking in the rear-view mirror, Noble Corporation's decision to spin off Paragon Offshore was a good one for the company.

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  12. Ensco: Scrappy Driller Reports Small Successes In Latest Fleet Status ReportRead the original story w/Photo

    Oct 20, 2015 | Seeking Alpha

    ESV has decided to "play nice" with key customers like Petrobras and Saudi Aramco to maintain good relations during the current challenging environment. On October 19, Ensco released the Company's October Fleet Status Report .

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  13. Paragon Offshore: Loses Contract To NobleRead the original story w/Photo

    Oct 20, 2015 | Seeking Alpha

    PGN's October Fleet Status Report showed no new contracts, two jackup stackings and confirmed Petrobras had "released" one drillship. On October 29, Paragon Offshore released the Company's fleet status report .

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  14. Seadrill: Sevan Bribery Causes Headache And Potential ExposureRead the original story w/Photo

    Oct 19, 2015 | Seeking Alpha

    SDRL appears to be at peace with Petrobras, and while embarrassing, the Company was not culpable and will likely only have to disgorge illegal profits . On October 16, Sevan Drilling, an underwater drilling company 50.1% owned by Seadrill , issued a press release announcing it had been accused of breaches in the Norwegian Criminal Code "in respect of payments made in connection with the performance during 2012 to 2015 of drilling contracts originally awarded by Petrobrasto Sevan Marine ASA in the period between 2005-2008".

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  15. Noble Signs Contracts, May Speed Endgame For Marginal PlayersRead the original story w/Photo

    Oct 19, 2015 | Seeking Alpha

    The jackup deal may signal NE is ceding no ground to marginal players, which may speed bankruptcies and capacity reductions. On October 15, Noble Corp released the Company's October Fleet Status Report .

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  16. Ocean Rig: Pros And ConsRead the original story w/Photo

    Oct 17, 2015 | Seeking Alpha

    Ocean Rig is one of the worst performers among offshore drillers this year, down 73% year-to-date. In fact, only one offshore driller among those who are still listed on NYSE and NASDAQ performed worse - Paragon Offshore .

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  17. Noble Corp.: Complete Fleet Status As Of October 15 With CommentaryRead the original story w/Photo

    Oct 16, 2015 | Seeking Alpha

    Noble released its October fleet status: One contract with Total for 3-years, one small contract in GoM with Talos for 41-days and one "blend & extend" with Total. NE is one of the best offshore drillers for at least three reasons: A solid dividend, a strong balance sheet and a long-term contracted fleet.

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  18. Greetings From Petrobras (Part 3): The Case Of Paragon OffshoreRead the original story w/Photo

    Oct 11, 2015 | Seeking Alpha

    The new proposal will be, to release a year earlier of the original charter terms the two drillships DPDS2 and DPDS3. However, the MMS2 will be kept on until 2018.

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  19. Greetings From Petrobras (Part 2): The Case Of Ocean Rig UDWRead the original story w/Photo

    Oct 11, 2015 | Seeking Alpha

    Ocean Rig UDW and Petrobras are edging close to a deal with Ocean Rig, cutting the rates for the Mykonos and the Corcovado. I see this renegotiation as an excellent news at first glance.

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  20. Paragon Offshore PLC Upgraded to Buy by ZacksRead the original story

    Oct 2, 2015 | AmericanBankingNews.com

    The firm currently has a $0.25 price objective on the stock. Zacks 's target price points to a potential upside of 4.17% from the company's current price.

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