2 June 2014production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 May 2014production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
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.
3 Feb 2014production update● Neutral
Routine fleet status update; the filing also shows the company's headquarters had moved to a new Houston address.
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.
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.
1 Aug 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
25 July 2013debt financing● NeutralMajor
Atwood amended its credit agreement to remove scheduled reductions and add incremental commitments, lifting the facility's maximum potential size to $1.3 billion -- borrowing capacity now sized to match its roughly $2.4 billion of newbuild commitments across four drillships and several jackups.
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.
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.
5 June 2013production update● Neutral
A separate same-day filing repeats the routine fleet status update; no additional incidents or contract changes were disclosed.
5 June 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
30 May 2013material agreement● NeutralMajor
Atwood agreed to buy back 2 million shares from longtime major shareholder Helmerich & Payne for $107.1 million; H&P separately sold another 2 million shares to a financial institution, cutting its stake to about 6.3% of the company.
1 May 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
1 Apr 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
4 Mar 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
1 Feb 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
2 Jan 2013production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
3 Dec 2012production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.
19 Nov 2012listing compliance notice● NeutralMajor
ATWOOD OCEANICS INC's exchange filed to remove a class of its securities from listing.
6 Nov 2012security holder rights change● NeutralMajor
The company's decade-old shareholder rights plan ("poison pill"), adopted in 2002, expired on its own terms and was not renewed, removing that takeover-defense mechanism.
1 Nov 2012production update● Neutral
Routine fleet status update; no new incidents or contract changes were highlighted beyond the standard report.