30 Apr 2014quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $73.3 million for the period ended 2014-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 Apr 2014debt financing▲ GoodMajor
Atwood's lenders extended its credit facility to May 2018 and raised total commitments to a peak $1.55 billion while cutting interest costs -- the high point of the company's borrowing capacity, just months before oil prices began their 2014 collapse.
1 Apr 2014production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
3 Mar 2014production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
12 Feb 2014substantial holder notice● Neutral
The London Company reported a ATWOOD OCEANICS INC shareholding of 4,448,442 shares (6.94% of votes) in a periodic institutional filing.
11 Feb 2014substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial ATWOOD OCEANICS INC shareholding (5.54% of votes).
6 Feb 2014quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $83.4 million for the period ended 2013-12-31.
6 Feb 2014substantial holder notice● Neutral
Columbia Wanger Asset Management, LLC reported a ATWOOD OCEANICS INC shareholding of 3,816,398 shares (5.90% of votes) in a periodic institutional filing.
4 Feb 2014quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $83.4 million for the period ended 2013-12-31.
3 Feb 2014production update● Neutral
Routine fleet status update; the filing also shows the company's headquarters had moved to a new Houston address.
28 Jan 2014substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial ATWOOD OCEANICS INC shareholding (5.50% of votes).
2 Jan 2014production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
2 Dec 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
8 Nov 2013quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $101.9 million for the period ended 2013-09-30.
8 Nov 2013substantial holder notice● Neutral
Wellington Management Company, LLP reported a ATWOOD OCEANICS INC shareholding of 1,346,081 shares (2.10% of votes) in a periodic institutional filing.
1 Nov 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
8 Oct 2013material agreement▲ GoodMajor
Atwood agreed to sell its older jackup, the Vicksburg, to Qatar's Gulf Drilling International for $55.4 million, closing expected in early 2014 -- shedding one of its smaller, lower-spec units as the fleet skews toward new high-spec drillships and jackups.
1 Oct 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
3 Sept 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
2 Aug 2013quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $90.0 million for the period ended 2013-06-30.
1 Aug 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
31 July 2013quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $90.0 million for the period ended 2013-06-30.
25 July 2013debt financing● NeutralMajor
Atwood amended its credit agreement to remove scheduled commitment reductions on the initial $750 million. A new incremental tranche added $350 million, lifting the facility to $1.1 billion, with maturity still May 2016.
1 July 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
24 June 2013material agreement▲ GoodMajor
A fourth drillship, the $635 million Atwood Archer, was ordered from DSME for December 2015 delivery -- the fleet's 17th unit and the fourth identical ultra-deepwater drillship ordered in under two and a half years.
20 June 2013material agreement● NeutralMajor
Atwood raised another $200 million by tapping its existing 6.50% senior notes due 2020, bringing that bond issue to $650 million total -- more funding for the newbuild program.
19 June 2013securities registration● Neutral
ATWOOD OCEANICS INC filed a free-writing prospectus - marketing material for an offering in progress.
19 June 2013securities registration● Neutral
ATWOOD OCEANICS INC filed the final prospectus for a registered offering.
18 June 2013securities registration● Neutral
ATWOOD OCEANICS INC filed a prospectus supplement for an offering off its existing shelf.
17 June 2013material agreement● Neutral
The Helmerich & Payne share buyback's closing was pushed back to June 27 and the payment increased by $200,000 -- a minor amendment to the deal announced in May.