All Posts Tagged With: "NCS"
(RTN) Raytheon Beats Earnings Forecast – Updates Outlook
Raytheon Company (RTN) reported third-quarter 2011 adjusted earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.33. Results were also higher than the year-ago quarterly earnings of $1.35...
(EIA) Oil and Gas Stock Outlook – October 2011 – Industry Outlook
OUTLOOK
Crude Oil
Mounting worries about Europe’s debt crisis, a persistently weak U.S. jobs market and less-than-encouraging guidance from the Federal Reserve have been weighing on investor sentiment, weakening oil prices to around $85...
(STO) Statoil ASA to Upgrade Troll Capacity
Statoil ASA (STO) has contracted Norway’s engineering group, Aibel, for the upgrade of a gas compression capacity on the Troll A platform in the North Sea. The contract is worth NOK 2.7 billion ($483 million).
Per...
(STO) Statoil ASA and FMC Technologies in $43M Workover Deal
Statoil ASA (STO) has awarded a $43 million contract to FMC Technologies Inc. (FTI) in order to support workover operations at four fast-track...
(STO) Statoil ASA to Pay $2.47 Billion for New Rigs
Oil giant Statoil ASA (STO) has awarded a contract worth $2.47 billion to Norway’s Songa Offshore. Per the deal terms, Songa will build two category D semi-submersible rigs for use on Norwegian Continental...
(STO) Statoil ASA Awarded Contract for Subsea Compression
Statoil ASA (STO) has awarded a contract to Aker Solutions for subsea compression topside modifications on the Statoil-operated Asgard A and B platforms in the North Sea. The contract is worth NOK 650 million...
(STO) Statoil Sets Long-Term Goals
Statoil ASA (STO) has set long-term growth goals for itself. The Norwegian company expects production to exceed 2.5 million barrels of oil equivalents per day in 2020 from 1.9 million barrels in 2010.
For...
(STO) Statoil ASA to Use Subsea Compression
Statoil ASA (STO) is on track to boost its gas recovery rate at subsea wells in various fields. Accordingly, the Norwegian company plans to implement subsea compression — an advanced process for production...
(NCS) NCI Building Systems Posts Sluggish Results
Recently, NCI Building Systems, Inc. (NCS) reported discouraging financial results for the first quarter of fiscal 2010. Revenues for the quarter contracted by 29.8% year-over-year driven by the decline in...
(NCS) Tough Times for NCI Building Systems
NCI Building Systems Inc. (NCS) posted a net loss of $3.59 per share for the fourth quarter of fiscal 2009. This includes non cash debt extinguishment and refinancing costs of $99.2 million. Excluding these...
(NCS) NCI Building Systems Progresses on CD&R Investment
NCI Building Systems Inc. (NCS) reported that holders of more than 99% of the aggregate principal amount of its outstanding 2.125% Convertible Senior Subordinated Notes due 2024 have delivered valid tenders. This exceeds the threshold of 95% minimum condition...
(NCS) NCI Building Systems Beats Expectations
Yesterday, NCI Building Systems Inc. (NCS) posted third-quarter profit of 25 cents per share, which came in well above the Zacks Consensus Estimate of 2 cents. The better-than-expected earnings primarily came from the company’s cost-reduction programs implemented...
(STO) Statoil’s Positive Production Outlook
After drilling an appraisal well in the northeastern segment of the Smorbukk deposit (part of the Asgard field in the Norwegian Sea), StatoilHydro (STO) has confirmed the existence of oil, gas and condensate.
The result is encouraging, and development...
(NCS) NCI Building Systems Obtains Extension of Waivers
Earlier today, NCI Building Systems (NCS) announced that it has obtained an extension of the waivers granted by its senior credit facility lenders until November 6, 2009, giving it more time to arrange for refinancing. Previously, these waivers had been in...
(NCI) S&P Downgrades NCI Building Systems
Correcting and replacing. The previous post had incorrectly listed the ticker for Navigant Consulting (NCI). The downgrade specifically is for NCI Building Systems Inc. (NCS), not Navigant Consulting. A correct version follows.
Standard...