Pacific Drilling S.A. (NYSE: PACD) today announced net loss for first-quarter 2017 of $99.8 million or $4.69 per diluted share, compared to net loss of $43.0 million or $2.03 per diluted share for fourth-quarter 2016, and net loss of $2.5 million or $0.12 per diluted share for first-quarter 2016. CEO Chris Beckett said, "We delivered another quarter of solid operational performance with a first-quarter revenue efficiency [...]
Pacific Drilling S.A. (NYSE: PACD) (the “Company”) announced today that it has provided Notice of its Annual General Meeting to be held on May 23, 2017. The Notice of Annual General Meeting is being distributed to the Company’s common shareholders of record as of April 7, 2017 in advance of the Annual General Meeting, which will be held on May 23, 2017, at 10:00 a.m. (Central European Time) at the [...]
Pacific Drilling S.A. (NYSE: PACD) announced today that its financial statements for the year ended December 31, 2016, filed on Form 20-F with the U.S. Securities and Exchange Commission on February 24, 2017, are available on the company’s website, www.pacificdrilling.com, in the “SEC Filings” subsection of the “Investor Relations” section. Shareholders may also request a free hard copy of [...]
Pacific Drilling S.A. (NYSE: PACD) today announced a net loss for fourth-quarter 2016 of $43.0 million or $2.03 per diluted share, compared to net income for third-quarter 2016 of $0.2 million or $0.01 per diluted share. Net loss for fourth-quarter 2015 was $13.6 million or $0.64 per diluted share. Net loss for full-year 2016 was $37.2 million or $1.76 per diluted share, compared to net income for full-year 2015 of $126.2 [...]
Pacific Drilling S.A. (NYSE: PACD) will release its fourth-quarter and full-year 2016 financial results Thursday, February 23, 2017, after the close of trading on the New York Stock Exchange. A conference call will follow at 9 a.m. Central time Friday, February 24. The results announcement press release will be available on the company’s website at www.pacificdrilling.com. To participate in the February 24 call [...]
Pacific Drilling S.A. (NYSE: PACD) today announced that it has reached agreement with its banking group to make certain amendments to its $500 million revolving credit facility (“RCF”) and $1.0 billion senior secured credit facility (“SSCF”). The amendments waive the leverage ratio covenant for the fiscal quarters ending March 31, 2017 and June 30, 2017, and amend the maximum net debt per vessel [...]
Pacific Drilling S.A. (NYSE: PACD) announced today that its Notice of Extraordinary General Meeting of Shareholders is available on its website at www.pacificdrilling.com in the “Events & Presentations” subsection of the “Investor Relations” section. In addition, the Notice is being distributed to Pacific Drilling common shareholders of record as of November 14, 2016 in advance of the Extraordinary [...]
Pacific Drilling S.A. (NYSE: PACD) today announced net income for third-quarter 2016 of $0.2 million or $0.01 per diluted share, compared to net income of $8.2 million or $0.39 per diluted share for second-quarter 2016 and net income of $41.0 million or $1.95 per diluted share for third-quarter 2015. CEO Chris Beckett said, "Our operating fleet continues to deliver excellent operational performance with a third-quarter [...]
Pacific Drilling S.A. (NYSE: PACD) will release its third-quarter 2016 financial results Monday, November 7, 2016, after the close of trading on the New York Stock Exchange. A conference call will follow at 9 a.m. Central time Tuesday, November 8. The results announcement press release will be available on the company’s website at www.pacificdrilling.com. To participate in the November 8 call, please dial +1 [...]
Pacific Drilling S.A. (NYSE: PACD) announced today that it has received valid and unrevoked consents from a majority of holders of the 7.250% Senior Secured Notes due 2017 (the “Notes”) issued by its indirect wholly-owned subsidiary, Pacific Drilling V Limited (the “Company”) in its previously announced consent solicitation. The Company intends to enter into definitive documentation to effect the [...]
Pacific Drilling S.A. (NYSE:PACD) announced today that it has extended its previously announced consent solicitation by its indirect wholly-owned subsidiary, Pacific Drilling V Limited (the “Company”) in respect of the Company’s 7.250% Senior Secured Notes due 2017 (the “Notes”) and increased the consent payment offered to consenting holders. The amount of the consent payment for holders of [...]
Pacific Drilling S.A. (NYSE:PACD) announced today the launch by its indirect wholly-owned subsidiary, Pacific Drilling V Limited (the “Company”), of a consent solicitation in respect of the Company’s 7.250% Senior Secured Notes due 2017 (the “Notes”). The solicitation requests consent from holders of the Notes to amend a covenant in the indenture governing the Notes to allow PACD or certain [...]
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