30 Nov 2009contract award● Neutral
The RICHMOND found one more short well at just $33,500/day, still well below the fleet's pre-downturn rates.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Nov 2009contract award▲ Good
The BEACON started its Hess Equatorial Guinea contract, and the VICKSBURG's NuCoastal work was extended with options that could run to the end of 2010.
27 Oct 2009contract award▲ Good
The BEACON is nearly in place to start its Hess contract, the HUNTER's Ghana work (at $538,000/day) is running with 135 days assigned to Tullow Ghana, and the VICKSBURG keeps working for NuCoastal with more opportunities being chased for 2010.
21 Oct 2009director interest notice● Neutral
ATWOOD OCEANICS INC Senior Vice President - Operat Alan Quintero exercised stock options for 15,000 shares and disposed of 30,000 shares.
13 Oct 2009director interest notice● Neutral
ATWOOD OCEANICS INC Vice President - Controller Michael Alan Campbell sold 1,000 shares at $36.50.
7 Oct 2009production update▼ BadMajor
The downturn deepened: the SOUTHERN CROSS isn't expected back to work in 2009, and now the RICHMOND has joined it as ready-stacked in the Gulf of Mexico, its rate down to the low $30,000s if it can find short-term work.
30 Sept 2009contract award▲ GoodMajor
The BEACON's uncontracted stretch ended with a six-well (plus options) Hess Equatorial Guinea contract at $110,000/day -- the last of the fleet's downturn-era gaps to be filled.
8 Sept 2009drilling progress report▲ Good
The VICKSBURG finished its upgrade and started the NuCoastal contract; the HUNTER began its long-awaited Kosmos Energy contract in Ghana at $538,000/day; the BEACON, though, finished in India still without its next job.
8 Sept 2009director interest notice● Neutral
ATWOOD OCEANICS INC Vice President - Technical Ser Barry Michael Smith had 1,058 shares withheld for taxes on vesting stock.
3 Sept 2009director interest notice● Neutral
Jack E Golden became a ATWOOD OCEANICS INC director and company insider (initial ownership filing).
27 Aug 2009director interest notice● Neutral
ATWOOD OCEANICS INC Senior Vice President - Operat Alan Quintero exercised stock options for 10,000 shares and disposed of 20,000 shares.
6 Aug 2009quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $67.7 million for the period ended 2009-06-30.
5 Aug 2009quarterly activities report● Neutral
ATWOOD OCEANICS INC reported a quarterly net income of $67.7 million for the period ended 2009-06-30.
15 July 2009contract award▲ GoodMajor
The VICKSBURG avoided the ready-stack fate flagged the month before, winning a three-to-six-month NuCoastal contract in Thailand at $90,000-95,000/day -- modest work, but work.
1 July 2009production update▼ BadMajor
The SOUTHERN CROSS's idle period is now expected to run through most or all of the fourth quarter; the VICKSBURG is undergoing an $8 million shipyard upgrade and could also end up ready-stacked afterward if no contract is found.
5 June 2009production update▼ BadMajor
The SOUTHERN CROSS is now confirmed ready-stacked with no contract, its operating costs being cut toward $50,000/day; the HUNTER is finishing its Israel work before moving to the big Ghana contract, and the VICKSBURG is finishing its Thailand work.
13 Apr 2009contract award● Neutral
The RICHMOND picked up a single-well Gulf of Mexico contract at $52,500/day, a fraction of the rates Atwood's larger rigs were commanding just months earlier.
8 Apr 2009substantial holder notice● Neutral
Columbia Wanger Asset Management, L.P reported a ATWOOD OCEANICS INC shareholding of 6,499,700 shares (10.13% of votes) in a periodic institutional filing.
11 Mar 2009drilling progress report▼ BadMajor
For the first time in years, two rigs came up without follow-on work: the BEACON's India contract ends in July with nothing lined up after, and the VICKSBURG's Chevron Thailand contract ends in June with the same gap -- a sign the boom-era demand was cooling.
17 Feb 2009substantial holder notice● Neutral
Wellington Management Company, LLP disclosed a new substantial ATWOOD OCEANICS INC shareholding (6.47% of votes).
11 Feb 2009director interest notice● Neutral
ATWOOD OCEANICS INC President John R Irwin received 10,000 shares as part of the equity award.
5 Feb 2009substantial holder notice● Neutral
Columbia Wanger Asset Management, L.P reported a ATWOOD OCEANICS INC shareholding of 6,134,200 shares (9.58% of votes) in a periodic institutional filing.
5 Jan 2009director interest notice● Neutral
Michael Alan Campbell became a ATWOOD OCEANICS INC Vice President and company insider (initial ownership filing).
29 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC President John R Irwin received 1,250 shares as part of the equity award.
12 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC Senior Vice President James M Holland received 5,000 shares as part of the equity award.
8 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC director James R Montague received 2,000 shares as part of the equity award.
8 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC director Robert W Burgess received 2,000 shares as part of the equity award.
8 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC Senior Vice President Glen P Kelley disposed of 550 shares via option/appreciation-right settlement.
8 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC director Hans Helmerich received 2,000 shares as part of the equity award.
3 Dec 2008director interest notice● Neutral
ATWOOD OCEANICS INC director George S Dotson received 5,000 shares as part of the equity award.