6.70 -0.23 (-3.32%)
After hours: 5:17PM EDT
|Bid||6.78 x 1000|
|Ask||6.93 x 800|
|Day's Range||6.34 - 7.72|
|52 Week Range||5.40 - 73.80|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 12, 2017 - May 15, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||580.50|
NEW YORK, Oct. 17, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million. Any pass-through revenue will be at cost with no margin to SAE. Additionally, the timing and outcome of the project is dependent on SAE entering into the final contract with the customer and on various factors beyond the Company’s control, such as weather delays, which could cause actual results to differ materially.
SAExploration Holdings, Inc. (SAEX) (OTCQB:SXPLW), or SAE, today announced that it has issued $60 million aggregate principal amount of 6.00% Senior Secured Convertible Notes due 2023 (the “Notes”) in a private offering. The Notes are convertible into shares of SAE’s common stock at an initial conversion price of $5.75 per share, subject to customary antidilution adjustments (or warrants to acquire an equal number of shares of common stock at an exercise price of $0.0001 per share, subject to customary antidilution adjustments). SAE intends to use the net proceeds from the Notes offering to pay off its acquisition credit facility of approximately $24 million in aggregate principal amount of borrowings, which it had entered into in connection with its recent acquisition of substantially all of the assets of Geokinetics, Inc., to fully pay down its $30 million ABL credit facility before immediately redrawing $15 million, and for general corporate purposes, including fees and expenses.
SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced the consummation of a 20-to-1 reverse split of its issued and outstanding common stock. SAE’s common stock will begin trading on a split-adjusted basis when the market opens on September 17, 2018. The reverse stock split affects all issued and outstanding shares of SAE’s common stock.
NEW YORK, Aug. 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of America's ...
HOUSTON, Aug. 08, 2018-- SAExploration Holdings, Inc. today announced its financial results for the second quarter of 2018.. Second Quarter 2018 Summary and Recent Developments. Revenue of $16.9 million, ...
HOUSTON, Aug. 03, 2018-- SAExploration Holdings, Inc. today announced plans to release its unaudited consolidated financial results for the second quarter ended June 30, 2018 on Wednesday, August 8, 2018 ...
Geokinetics Inc. entered bankruptcy with about 330 North American employees, but as few as 16 might still have jobs by late August as part of a deal struck with creditors so the seismic-data supplier can continue to use cash to get through chapter 11. According to a court filing, Geokinetics and related companies in bankruptcy have agreed in a deal with creditors to cut their payroll to no more than 27 full-time workers as of July 30. Neither Geokinetics nor SAExploration nor their lawyers could be reached for immediate comment Friday morning on how many employees could be kept under that transition services agreement.
SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced that it intends to offer, subject to market and other conditions, $50 million aggregate principal amount of 6.0% Convertible Secured Notes due 2023 in a private offering. SAE intends to use the net proceeds from the offering of the notes to repay its obligations under its existing credit facilities and for general corporate purposes. The notes will be convertible into shares of SAE’s common stock at an initial conversion price based on an equity valuation of $55.5 million, subject to customary antidilution adjustments.
SAExploration Holdings, Inc. (SAEX) (OTCQB:SXPLW), or SAE, today announced that its indirect wholly owned subsidiary SAExploration Acquisitions (U.S.), LLC (“Acquisitions Sub”) has completed the previously announced acquisition of substantially all of the assets of Geokinetics, Inc. (“GEOK”), including equipment and machinery, seismic processing software and equipment and certain contracts with large exploration and production companies. In connection with closing of the acquisition, SAE amended and restated its existing credit facilities and Acquisitions Sub entered into a new acquisition credit facility of approximately $23.4 million in aggregate principal amount of borrowings, secured by the acquired assets of GEOK, to fund the acquisition and to pay related transaction costs.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Herman Miller, Inc. (NASDAQ: MLHR ) stock was trading ...
In this article, I will take a quick look at SAExploration Holdings Inc’s (NASDAQ:SAEX) recent ownership structure – an unconventional investing subject, but an important one. Ownership structure has beenRead More...
Measuring SAExploration Holdings Inc’s (NASDAQ:SAEX) track record of past performance is an insightful exercise for investors. It enables us to reflect on whether the company has met or exceed expectations,Read More...