|Bid||0.0000 x 0|
|Ask||1.1500 x 300|
|Day's Range||0.6500 - 0.8700|
|52 Week Range||0.6500 - 6.8900|
|PE Ratio (TTM)||-0.11|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Luxembourg-based company said it had a loss of $6.48 per share. The offshore drilling company posted revenue of $67.1 million in the period. The company's shares closed at $1.40. A year ago, they were ...
Pacific Drilling SA (PACD), a Luxembourg-based company that has its corporate headquarters in Houston, is working to avoid defaulting on debt and may consider filing for Chapter 11 bankruptcy protection. The announcement, which was made in the company’s second-quarter earnings report on Aug. 3 , came two days after CEO Christian Beckett stepped down to pursue other opportunities. Paul Reese was promoted to CEO from executive vice president and CFO, Johannes “John” Boots was promoted to senior vice president and CFO from senior vice president of finance and treasurer, and Richard Tatum was promoted to senior vice president and chief accounting officer from vice president and controller.
As the industry nears the beginnings of a recovery, investors should keep an eye out for possible combinations, with Ocean Rig, Pacific Drilling and Rowan named as potential targets.