Sharemaestro Newsreel

Lazard Asset Management LLC Acquires Shares of 12,716 Nabors Industries Ltd. $NBR

Lazard Asset Management LLC has acquired 12,716 shares of Nabors Industries Ltd. (NYSE:NBR), valued at approximately $1.09 million, bringing institutional ownership in the company to 81.92%. Analyst sentiment is mixed, with a consensus "Moderate Buy" rating and an average price target of $102, although …

California State Teachers Retirement System Boosts Stock Position in Transocean Ltd. $RIG

The California State Teachers Retirement System increased its stake in Transocean Ltd. (NYSE:RIG) by 23.5% in the first quarter, acquiring an additional 220,119 shares to hold a total of 1.16 million shares valued at $7.7 million. Insider Chad C. Deaton also purchased 35,000 shares, …

California State Teachers Retirement System Has $7.27 Million Position in Valaris Limited $VAL

The California State Teachers Retirement System increased its stake in Valaris Limited (NYSE:VAL) by 23.1% in the first quarter, now holding 74,181 shares valued at $7.27 million. Despite institutional ownership of 96.74%, analyst sentiment remains cautious with an average "Reduce" rating and a consensus …

First Trust Advisors LP Sells 31,873 Shares of Seadrill Limited $SDRL

First Trust Advisors LP reduced its stake in Seadrill Limited (NYSE:SDRL) by 24.3% in the first quarter, selling 31,873 shares and retaining 99,315 shares valued at approximately $4.52 million. Seadrill reported quarterly revenue of $358 million, exceeding analyst estimates, but narrowly missed EPS expectations …

Transocean (RIG) Reports Q2 Earnings: What Key Metrics Have to Say

Transocean (RIG) Q2 Earnings and Revenues Surpass Estimates

Valaris Limited Revenue Breakdown – BOATS:VAL/W

Valaris Limited generated $2.37 billion USD in revenue last year. The Floaters segment was the top performer, contributing $1.26 billion USD, although this was a decrease from the previous year's $1.44 billion USD. Brazil was the largest regional contributor, accounting for $587.30 million USD.

PATTERSON UTI ENERGY INC 2026: Revenue $1.23B, Net income ($19.6M), EPS ($0.05) — 10-Q Summary

Patterson-UTI Energy Inc. reported its 2026 financial results, showing revenue of $1.23 billion, a net loss of ($19.6 million), and diluted EPS of ($0.05). These figures represent an improvement compared to the prior year quarter. The company saw increased revenue momentum, driven by stronger …

Helmerich Payne earnings on deck as drilling market recovers

Helmerich & Payne Inc. is set to report its fiscal fourth-quarter earnings, with analysts anticipating a significant turnaround from the previous quarter's loss. Investors will be looking for signs that the U.S. rig market has bottomed out and that a multi-year recovery is underway, …

Borr Drilling (BORR) Expected to Announce Earnings on Tuesday

Borr Drilling (BORR) is anticipated to report its Q2 2026 earnings after market close on Tuesday, August 11th. Analysts project a loss of $0.11 per share on revenue of approximately $246.8 million, with the earnings call scheduled for August 12th. The company previously missed …

Transocean (RIG) Nears Earnings With Backing, Is The Stock Still Cheap?

Transocean (RIG) is nearing its second-quarter earnings report, attracting attention from investors and analysts like Jim Lebenthal. Despite a recent pullback, the stock is considered undervalued by Simply Wall St's narrative, citing its substantial backlog and potential for deleveraging. However, its significant debt and …

Weekly Recap: NE trims 2026 guidance and schedules July 28 Q2 call

Noble Corporation PLC Class A (NYSE:NE) has revised its 2026 revenue guidance down to $2.8–$2.9 billion and adjusted EBITDA to $850–$925 million, attributing the change to ongoing market challenges. The company is scheduled to hold an earnings call on July 28, 2026, to discuss …

Helmerich and Payne Inc expected to post earnings of 13 cents a share - Earnings Preview

Helmerich and Payne Inc is anticipated to report earnings of 13 cents per share. This information is based on an earnings preview from Refinitiv, which is available on TradingView News.

PTEN Jumps 20% in a Month as Rig Pricing and Demand Strengthen

Patterson-UTI Energy, Inc. (PTEN) shares have increased by 20% over the past month due to improving U.S. drilling activity, equipment utilization, and service pricing. Despite this rally and strengthening operating conditions, the company still faces earnings and commodity risks, with projected net losses and …

Dimensional Fund Advisors LP Has $38.55 Million Position in Nabors Industries Ltd. $NBR

Dimensional Fund Advisors LP increased its holdings in Nabors Industries Ltd. (NYSE:NBR) by 42.1% in the first quarter, now owning 447,833 shares valued at approximately $38.55 million. Institutional investors and hedge funds collectively own 81.92% of Nabors Industries, and analysts currently have a "Moderate …

Empowered Funds LLC Buys 468,968 Shares of Transocean Ltd. $RIG

Empowered Funds LLC significantly increased its stake in Transocean Ltd. (NYSE:RIG) by 1,356.7% in the first quarter, acquiring 468,968 additional shares to hold a total of 503,535 shares valued at approximately $3.34 million. This move comes as institutional investors collectively own 67.73% of Transocean's …

Precision Drilling Corp. Eyes Margin Rebound Amid Risks

Precision Drilling Corp.'s Q2 earnings call revealed solid revenue growth and record Canadian rig activity, but also softer EBITDA and a net loss, particularly due to U.S. and international market pressures. The company plans for margin recovery, disciplined capital spending, and debt reduction, despite …

Valaris (VAL) Q2 Earnings: What To Expect

Transocean (RIG) Q2 Earnings Report Preview: What To Look For

Helmerich & Payne (HP) Reports Q2: Everything You Need To Know Ahead Of Earnings

Helmerich & Payne (NYSE: HP) is set to announce its Q2 earnings this Wednesday after market close. The company missed revenue expectations last quarter, and analysts are projecting a 5.7% year-on-year revenue decline for the upcoming quarter. Despite past misses, investor sentiment in the …

Valaris Ltd expected to post earnings of 41 cents a share - Earnings Preview

Valaris Ltd is projected to report earnings of 41 cents per share. This information comes from a Reuters article available on TradingView, which provides access to news and financial analysis.

Seadrill Limited (NYSE:SDRL) Receives Consensus Rating of "Moderate Buy" from Brokerages

Seadrill Limited (NYSE:SDRL) has received a consensus "Moderate Buy" rating from nine brokerages, with an average 12-month price target of $55.00 against a current share price of $44.78. Recent analyst actions have been mixed but generally positive, including upgrades from Barclays and Fearnley Fonds. …

Helmerich & Payne, Inc. (NYSE: HP) CFO has 2,150 shares withheld

Helmerich & Payne, Inc. CFO Todd N. Scruggs reported a non-market disposition of 2,150 common shares, which were withheld at $34.57 per share to cover an exercise price or tax liability. Following this transaction, Scruggs directly holds 39,981 common shares. This insider transaction was …

Borr Drilling’s BC Ventures joint venture acquires five jack-up rigs in Mexico for $287 million

Borr Drilling's 50/50 joint venture, BC Ventures, has acquired five jack-up rigs in Mexico from Fontis Finance for $287 million. The deal, which includes two Friede & Goldman JU-2000E rigs and three LeTourneau Super 116-C units, was financed primarily through a $237 million non-recourse …

374,429 Shares in Borr Drilling Limited $BORR Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC recently acquired 374,429 shares of Borr Drilling Limited (NYSE:BORR) worth approximately $2.16 million, giving the firm a 0.12% stake. This comes as institutional investors now collectively own 83.12% of the company, though a director, Thiago Mordehachvili, sold 8 million shares …

Transocean Ltd. (NYSE:RIG) results highlight 2.35% deal spread in focus

Patterson-UTI Energy Q2 Earnings & Revenues Beat Estimates

Patterson-UTI Energy (PTEN) reported strong Q2 2026 results, with adjusted earnings breaking even against an expected loss and total revenues exceeding estimates by 7%. This outperformance was driven by robust activity and pricing in its Completion Services segment and improved performance in Drilling Products …

Pine Valley Investments Ltd Liability Co Sells 151,104 Shares of Precision Drilling Corporation $PDS

Pine Valley Investments Ltd Liability Co significantly reduced its stake in Precision Drilling Corporation (NYSE:PDS) by selling 151,104 shares, cutting its holdings by 49.9% in the first quarter. Despite this, the firm still retains 151,800 shares valued at approximately $14.9 million. Other institutional investors …

First Trust Advisors LP Has $6.35 Million Stock Holdings in Transocean Ltd. $RIG

First Trust Advisors LP significantly increased its stake in Transocean Ltd. (NYSE:RIG) during the first quarter, now holding 958,406 shares valued at $6.35 million. Despite the company's revenue growth, it reported a quarterly loss per share that missed analyst estimates. Analyst sentiment for Transocean …

Cetera Investment Advisers Has $5.81 Million Holdings in Transocean Ltd. $RIG

Cetera Investment Advisers significantly increased its stake in Transocean Ltd. (NYSE:RIG) by 88.6% in the first quarter, now holding 875,719 shares valued at $5.81 million. Other institutional investors also adjusted their positions, and director Chad C. Deaton bought an additional 35,000 shares. Despite missing …

Seadrill (SDRL) to Announce Quarterly Earnings on Monday

Borr Drilling Limited (BORR) Investigation: Bronstein, Gewirtz

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Borr Drilling Limited (NYSE:BORR) after the company's Q1 2026 financial results, announced on May 20, 2026, fell short of consensus estimates. The shortfall was attributed to the delayed start-up of the Odin drilling rig, …

Helmerich & Payne (HP) Gains 2.37% as Drilling Stocks Catch a Bid - ADD Alert

Sei Investments Co. Has $10.47 Million Position in Patterson-UTI Energy, Inc. $PTEN

Sei Investments Co. significantly increased its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) during the first quarter, now holding 967,160 shares valued at $10.47 million. Despite the company reporting a quarterly loss of $0.05 per share, institutional investors collectively own 97.91% of PTEN's stock, and …

Transocean (NYSE:RIG) Shares Climb, Valaris (NYSE:VAL) Merger Spread Widens to 2.4% Prior to Earnings

Transocean's stock rose, leading to a widened deal spread with Valaris to 2.4% before their upcoming earnings reports. Despite daily volatility, the merger spread remained mostly steady over the week, with key regulatory and shareholder approvals still pending for a target closing in the …

DV Trading LLC Increases Stock Position in Valaris Limited $VAL

DV Trading LLC significantly increased its stake in Valaris Limited (NYSE:VAL) by 5,533.3% in the first quarter, bringing its total holdings to 16,900 shares valued at approximately $1.66 million. Other institutional investors also adjusted their positions in Valaris, with hedge funds and institutional investors …