Offshore Latest Information


Diamond Offshore's Higher Dayrates Drive Q3 Earnings Beat
Diamond Offshore Drilling Inc. (DO) posted third-quarter 2014 earnings -- adjusting for one-time items -- of $1.42, surpassing the Zacks Consensus Estimate of 77 cents.

Will Diamond Offshore (DO) Beat Q3 Earnings Estimates?
Diamond Offshore Drilling Inc. (DO), is expected to report its third-quarter 2014 earnings on Thursday, Oct 23, before the opening bell.

Diamond Offshore, Patterson profits fall as they retire rigs
Rig contractors Diamond Offshore Drilling Inc and Patterson-UTI Energy Inc reported big drops in quarterly profits, hurt by one-time charges to retire some old rigs. Offshore driller Diamond Offshore recorded a non-cash impairment charge of $109 million, pushing its third-quarter net income down 44 percent. The company's revenue rose 4.5 percent to $737.7 million, while its counterparts such as ...

EMAS Offshore Reports FY14 Net Profit of US$55M; Enters FY15 with Stronger Earnings Visibility
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Diamond Offshore Drilling beats 3Q profit expectations
The Houston-based company said it had profit of 38 cents per share. Earnings, adjusted for one-time gains and costs, were 96 cents per share. The results topped Wall Street expectations. The average estimate ...

China Cuts Forecast for Offshore Wind Power by 60%
China slashed its forecasts for offshore wind power by 60 percent, an acknowledgment that installations are being held up by the cost and complexity of the technology.

Hercules Offshore (HERO): Will it See Wider Loss in Q3?
Hercules Offshore Inc. (HERO) is set to release third-quarter 2014 financial results before the opening bell on Oct 23.

Hercules Offshore Announces Third Quarter 2014 Results
HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) today reported a loss from continuing operations of $88.6 million, or $0.55 per diluted share, on revenue of $221.9 million ...

Diamond Offshore Drilling EPS Expectations Down Over Past Month
Leading up to Diamond Offshore Drilling's announcement of its third-quarter earnings on Thursday, October 23, 2014 analysts have become more wary as expectations have fallen over the past month to earnings of 78 cents per share from earnings of 81 cents per share.Over the past three months, the consensus estimate

Hercules Offshore meets 3Q profit forecasts
The Houston-based company said it had a loss of 55 cents per share. Losses, adjusted for asset impairment costs, came to 7 cents per share. The results met Wall Street expectations. The average estimate ...

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