Sharemaestro Newsreel

Paratus completes rig exit with sale to Borr-led venture

Borr Drilling, through its 50/50 joint venture BC Ventures, has finalized the acquisition of five jack-up rigs from Paratus Energy subsidiary Fontis Finance for $287 million. This move increases Borr Drilling’s fleet and expands its presence in Mexico, while Paratus Energy exits the rig …

Noble Corporation plc 2026 Q2 - Results - Earnings Call Presentation (NYSE:NE) 2026-07-29

Transocean (RIG) Projected to Post Quarterly Earnings on Wednesday

Nabors Industries (NBR) Stock Looks Overvalued On Earnings But Undervalued Broadly

Valaris (VAL) Expected to Release Quarterly Earnings on Wednesday

VAL|Valaris Ltd|Price:74.170|Chg%:-0.290

This article provides a comprehensive stock analysis of Valaris Ltd (VAL) by TradingKey, highlighting its strong fundamentals, significant growth potential (averaging 32.78% revenue growth year-on-year for the past three years), and fair valuation within the Oil & Gas Related Equipment and Services industry. Despite …

Nabors Industries Ltd. (NYSE:NBR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Nabors Industries Ltd. (NYSE:NBR) has received a "Moderate Buy" consensus rating from brokerages, with an average 12-month price target of $100.57, indicating a 25.7% potential upside. Despite beating revenue expectations and raising its full-year adjusted EBITDA outlook, the company reported a quarterly loss of …

PDS Looks 16.5% Overvalued on GF Value™

Precision Drilling Corp (NYSE: PDS) reported mixed Q2 earnings, with a GAAP EPS loss but significant revenue growth. Despite strong revenue, the company remains unprofitable, complicating traditional valuation metrics. GuruFocus's GF Value™ suggests PDS is 16.5% overvalued, while its GF Score™ of 78/100 highlights …

Borr Drilling completes acquisition of five jack-up rigs By Investing.com

Borr Drilling, through its joint venture BC Ventures Limited, has acquired five jack-up rigs from Fontis Finance Ltd. for $287 million. The acquisition, financed by a non-recourse seller’s credit and cash contributions from partners, increases Borr Drilling's fleet to 34 rigs and positions the …

Valaris Number of Employees 2026 | Employee Count & Headcount Data

Valaris Ltd. (VAL) had approximately 5,109 total employees worldwide as of March 2026, marking a 0.3% growth from 2023. The company is actively hiring, with 227 job postings in 2026, a 79.4% increase from 2025. Revelio Labs data indicates the workforce is concentrated in …

Borr Drilling's joint venture buys five rigs in Mexico for $287M, boosting fleet and regional presence.

Borr Drilling's joint venture, BC Ventures, has acquired five premium jack-up rigs in Mexico from Fontis Finance Ltd. for $287 million. This acquisition, largely financed by a $237 million non-recourse seller's credit, expands Borr Drilling's fleet to 34 rigs. The strategic move aims to …

Five Mexico jack-up rigs bring Borr Drilling fleet to 34

Borr Drilling (NYSE: BORR) announced that its 50/50 joint venture, BC Ventures, completed the acquisition of five premium jack-up rigs from Fontis Finance for $287 million. This transaction, financed by a $237 million non-recourse seller's credit and $25 million cash from each partner, increases …

Borr Drilling JV adds five jack-ups to its fleet in $287 million deal

Borr Drilling's joint venture has finalized a $287 million acquisition, adding five jack-up rigs to its fleet. These rigs are currently located in Mexico. The deal represents a significant expansion for the company's operations.

Precision Drilling Number of Employees 2026 | Employee Count & Headcount Data

Precision Drilling Corp. (PD) had approximately 4,036 total employees worldwide as of March 2026, marking a 2.9% decline from 4,155 employees in 2023. Despite this overall decline, the company is actively hiring, with 50 active job postings in 2026, a 19.8% increase from 2025. …

Transocean Number of Employees 2026 | Employee Count & Headcount Data

Transocean Ltd. (RIG) has approximately 5,647 employees globally as of March 2026, marking a 0.9% growth since 2023. The company is actively hiring, with 109 job postings in 2026, though hiring velocity has cooled. The workforce is concentrated in the United States, Brazil, and …

Patterson-UTI Energy, Inc. Revenue Breakdown – FWB:PE1

Patterson-UTI Energy, Inc. (FWB:PE1) generated 4.11 billion EUR in revenue last year. The majority of this revenue, 2.46 billion EUR, came from its Completion Services segment, though this was a decrease from the previous year's 3.12 billion EUR. The United States was the primary …

Borr Drilling Ltd (BORR) Technical Analysis: Support, Resistance, Indicators & Moving Averages

This article provides a technical analysis of Borr Drilling Ltd (BORR), detailing its price momentum, support and resistance levels, and various technical indicators and moving averages. While the stock shows a current price momentum score of 3.59 within the Oil & Gas Related Equipment …

Noble (NE) Stock Drops On Margin Squeeze Despite $6.8b Backlog

Noble (NE) stock dropped about 9% after Q2 earnings, despite a $6.8 billion backlog, due to a profit squeeze and a $43 million hit from Brazilian operations. While adjusted EBITDA remained positive, the company swung to a net loss, raising concerns about margin pressure …

Borr Drilling Limited - Completes Acquisition of Five Rigs Through New Joint Venture

Borr Drilling Limited, through its 50/50 joint venture BC Ventures Limited, has completed the acquisition of five premium jack-up rigs for $287 million. The acquisition, financed by a non-recourse seller's credit and cash contributions from both partners, increases Borr Drilling's fleet to 34 rigs. …

Precision Drilling: Q2 Earnings Snapshot

Precision Drilling Corp. (PDS) reported a second-quarter loss of $863,000, amounting to 38 cents per share. The Calgary, Alberta-based oilfield services company also announced revenues of $327.1 million for the period. This financial summary was generated using data from Zacks Investment Research.

Precision Drilling Q2 Results: Revenue rises 11%, net loss widens

Precision Drilling reported an 11% revenue increase to $453 million in Q2 2026, driven by strong Canadian drilling and U.S. rig utilization, but faced a net loss of $1 million due to higher depreciation and U.S. reactivation costs. Despite the loss, the company generated …

Precision Drilling Announces 2026 Second Quarter Unaudited Financial Statements

Precision Drilling Corporation announced its 2026 second quarter results, showing an 11% increase in revenue to $453 million, driven by strong activity in Canada and the U.S. Despite this, Adjusted EBITDA decreased by 10% to $97 million due to higher rig reactivation costs and …

Nabors Industries sees drilling activity rise, revenue fall in second quarter

Nabors Industries reported an increase in drilling activity during the second quarter of 2026, leading to a rise in average rig count. Despite the increased activity, the company's revenue fell. The contractor nonetheless managed to beat analysts' estimates for the quarter.

Nabors Industries (NYSE:NBR) Beats Q2 CY2026 Sales Expectations

Nabors Industries (NYSE:NBR) reported Q2 CY2026 results, exceeding revenue expectations with sales of $816.9 million, despite a 1.9% year-on-year decline. The company's adjusted EBITDA also beat analyst estimates, reaching $221.7 million. However, its non-GAAP loss of $2.04 per share was significantly below expectations, and …

Helmerich & Payne (HP): Buy, Sell, or Hold Post Q1 Earnings?

Helmerich & Payne (HP) has shown significant revenue growth and an improved EBITDA margin, indicating strong operational leverage. However, its low gross margin suggests potential struggles in lower commodity price environments. Despite the mixed signals, the article concludes that the company's merits outweigh its …

Nabors Industries earnings missed by $0.70, revenue topped estimates

Nabors Industries (NYSE: NBR) reported a second-quarter EPS of $-2.04, missing analyst estimates by $0.70, despite revenue exceeding expectations at $816.93 million. The company's stock has seen a significant increase of 126.13% over the past 12 months, although it experienced a -25.09% decline in …

Borr Drilling Number of Employees 2026 | Employee Count & Headcount Data

Borr Drilling Ltd. (BORR) had approximately 2,808 employees worldwide as of March 2026, representing a 6.3% growth since 2023 but a 0.5% year-over-year decline. The company's workforce is primarily located in Mexico, the United Kingdom, and the United States, with the United Arab Emirates …

Earnings Flash (NBR) Nabors Industries Ltd. Reports Q2 Revenue $814.8M, vs. FactSet Est of $809.3M

Nabors Industries Ltd. (NBR) reported its Q2 revenue at $814.8 million, surpassing the FactSet estimate of $809.3 million. This financial update indicates a stronger-than-expected revenue performance for the company during the second quarter of 2026. The report highlights the company's financial results and provides …

RIG Stock Drifts Lower As Traders Gauge Next Move

Transocean Ltd (Switzerland) (NYSE: RIG) stock has dropped by 4.55% due to negative sentiment regarding offshore drilling demand. Despite solid revenue and positive operating cash flow, RIG's heavy interest expenses and substantial long-term debt keep profit margins negative, placing it in a turnaround phase …

RIG Stock Trades Tight As Financial Picture Evolves

Transocean Ltd (RIG) stock is trading tightly around the $5.00 level despite negative trailing margins, driven by positive cash flow and debt reduction efforts. The company's financial picture is evolving, showing strong top-line revenue and positive free cash flow, although it remains a capital-intensive …

Precision Drilling (PDS) Reports Q2 Loss, Beats Revenue Estimates

Precision Drilling (PDS) reported a Q2 loss of $0.38 per share, missing the Zacks Consensus Estimate of a $0.43 loss, but surpassed revenue expectations with $327.09 million. Despite outperforming the S&P 500 year-to-date, the company currently holds a Zacks Rank #5 (Strong Sell) due …

Valaris Ltd. Revenue Breakdown – BX:VAL

Valaris Ltd. (VAL) generated 1.88 billion CHF last year, with its Floaters segment contributing 999.37 million CHF. Brazil was the largest regional contributor, accounting for 465.59 million CHF. This information highlights the key revenue streams and geographic performance for the company.

Momentum Accelerates. Cash Flow Improves. Nabors 2Q 2026 Results

Nabors Industries Ltd. reported a strong second quarter in 2026, with operating revenues reaching $815 million, a 4% increase from the previous quarter. The company saw continued momentum in international drilling, strengthened activity in the Lower 48, and improved free cash flow, driven by …

Patterson-UTI earnings in focus as pricing lifts rig momentum By Investing.com

Patterson-UTI Energy Inc. is set to report second-quarter earnings, with analysts anticipating a loss of 4 cents per share on revenue of $1.15 billion, an improvement from the prior quarter. Investors will closely watch the company's rig count trajectory and pricing power in completion …

Patterson-UTI (PTEN) To Report Earnings Tomorrow: Here Is What To Expect

Patterson-UTI (PTEN), an oilfield services company, is set to report its earnings on Wednesday afternoon. Analysts expect a 4.9% year-on-year revenue decline, an improvement from last year's 9.6% decrease. The company has a history of missing Wall Street's revenue estimates multiple times in the …

PTEN Stock Price and Chart — NASDAQ:PTEN

This article provides a comprehensive overview of Patterson-UTI Energy, Inc. (PTEN) stock, including its current price, historical performance, key financial metrics, latest earnings report, and analyst ratings. It also details the company's business segments, employee data, and lists ETFs holding PTEN stock, offering a …