Ensco International Schedules Fourth Quarter and Year-end 2009 Earnings Release and Conference Call
Ensco International plc(NYSE: ESV – News) reported that its fourth quarter and year-end 2009 earnings conference call will be held at 10:00 a.m. CST (11:00 a.m. EST and 16:00 GMT) on Thursday, 25 February 2010. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.enscointernational.com. Interested parties may also listen to the call by dialing (719) 325-2415 (access code 6947509). It is recommended that participants call five to ten minutes before the scheduled start time. A replay of the conference call will be available by phone for 48 hours by dialing (719) 457-0820 (access code 6947509). A webcast replay, MP3 download and transcript of the call will be available at www.enscointernational.com. [Read the full article]
Seahawk Drilling, Inc. (Nasdaq:HAWK – News) announced today that President and CEO Randall D. Stilley will present at the Credit Suisse Energy Summit which is to be held February 2-5, 2010, in Vail, CO. Seahawk presentation is scheduled for 10:35 a.m., Mountain Time, on Thursday, February 4, 2010 and will be made available live and for replay on the Company’s Web site. The Company’s presentation slides for the event and the related webcast will be available on the day of the event on the Company website: www.seahawkdrilling.com in the “Investor Relations” section, on the “Webcast & Presentations” tab.
Please connect to the website at least 15 minutes prior to the scheduled start of the presentation to register, download and install any necessary audio software. Shortly after the live webcast, an archived version will be available for approximately 30 days.
Seahawk Drilling, Inc. [Read the full article]
Petroleum drilling company Noble Corp. said Wednesday its fourth-quarter earnings grew nearly 7 percent and said it expects new drilling rigs would boost 2010 income.
The company, which has its headquarters in Switzerland, reported earnings of $446 million, or $1.72 per share, for the final three months of 2009. That compares with earnings of $419 million, or $1.58 per share for the same period in 2008.
“The commencements of operations of three new ultra-deepwater units, coupled with our outstanding backlog, give us positive momentum for the year ahead,” CEO David W. Williams, who also serves as chairman and president, said in a statement.
The results came as other oil services companies struggled as a drop in oil prices forced some to idle hundreds of rigs in the United States.
For the full year, Noble posted earnings of $1.68 billion, or $6.42 per share, compared with $1.56 billion, or $5.81 per share, in 2008. [Read the full article]
CNX Gas Corporation (NYSE: CXG), a leading Appalachian producer, reported net income attributable to CNX Gas shareholders of $41.1 million, or $0.27 per diluted share, for the quarter ended December 31, 2009. This compares to $57.5 million, or $0.38 per diluted share, for the quarter ended December 31, 2008. Annual 2009 net income attributable to CNX Gas shareholders was $164.5 million, or $1.09 per share, compared to $239.1 million, or $1.58 per share, in 2008.
Production was 25.1 billion cubic feet (Bcf), or 273 million cubic feet (MMcf) per day, for the quarter ended December 31, 2009. This was the third consecutive quarterly production record, and 13% higher than the 22.2 Bcf, or 242 MMcf per day, for the year-ago quarter. Annual 2009 production was 94.4 Bcf, an increase of 23% over the 76.6 Bcf produced in 2008.
“CNX Gas ended 2009 on a very strong footing. [Read the full article]