1 May 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. director Madonna Thomas J received 2,000 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 May 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. director F Gardner Parker received 2,000 shares as part of the equity award.
1 May 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. director Pottow V Frank received 2,000 shares as part of the equity award.
1 May 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. director Thomas R Jr. Bates received 2,000 shares as part of the equity award.
26 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. 10%+ owner Greenhill Capital Partners, LLC sold 348,608 shares at $36.00.
24 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. VP & COO Hercules Drilling Co Hord Thomas E sold 6,332 shares at $34.38.
24 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. director Steven A Webster sold 78,379 shares.
24 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. 10%+ owner Lr Hercules Holdings, LP sold 697,217 shares at $36.00.
20 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. 10%+ owner Lr Hercules Holdings, LP sold 3,718,493 shares at $36.00.
19 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. 10%+ owner Greenhill Capital Partners, LLC sold 1,859,247 shares at $36.00.
18 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. VP & COO Hercules Drilling Co Hord Thomas E sold 33,771 shares at $34.38.
18 Apr 2006director interest notice● Neutral
HERCULES OFFSHORE, INC. director Steven A Webster sold 418,019 shares.
12 Apr 2006securities registration● Neutral
HERCULES OFFSHORE, INC. filed the final prospectus for a registered offering.
11 Apr 2006securities registration● Neutral
HERCULES OFFSHORE, INC. amended a filing by which it registered a securities offering with the SEC.
7 Apr 2006material agreement● Neutral
Hercules signed standard indemnification agreements with CEO Randall Stilley and its non-employee directors -- routine post-IPO governance paperwork with no operational impact.
4 Apr 2006material agreement▲ GoodMajor
Hercules agreed to buy five more liftboats (plus one under construction) from Laborde Marine Lifts for $52 million, its second liftboat-fleet purchase in six months.
4 Apr 2006securities registration● Neutral
HERCULES OFFSHORE, INC. amended a filing by which it registered a securities offering with the SEC.
27 Mar 2006securities registration● Neutral
HERCULES OFFSHORE, INC. registered a securities offering with the SEC.
17 Mar 2006production update▲ Good
Rigs coming out of shipyard repairs re-priced at notably higher indexed dayrates (one jumping to $87-89K), continuing the rate upcycle.
15 Feb 2006production update▲ Good
Dayrates began climbing across the GOM jackup fleet (one rig's rate jumping from $68-70K to $84-86K), and a newly acquired rig (Rig 26) entered the fleet for refurbishment -- early signs of the mid-2000s jackup upcycle.
30 Jan 2006material agreement● Neutral
Hercules loosened its senior credit agreement to allow more investment in its Cayman/Nigeria subsidiaries, and separately agreed to buy the jackup rig Aries for $20.1 million after it had sat cold-stacked for six years -- continued fleet growth funded within its existing credit line.
18 Jan 2006production update● Neutral
Fleet largely unchanged month over month; liftboat utilization ticked up to 88%, and the Katrina-damaged liftboat remained unresolved pending insurance.
19 Dec 2005production update● Neutral
Hercules's first monthly Fleet Status Report: its Gulf of Mexico jackups were mostly under contract at $52-70K dayrates, two rigs sat in shipyard for repairs, and its newly acquired liftboat fleet ran 85% utilized -- while the liftboat severely damaged in Hurricane Katrina still awaited an insurance assessment.
10 Nov 2005director interest notice● Neutral
Madonna Thomas J became a HERCULES OFFSHORE, INC. director and company insider (initial ownership filing).
10 Nov 2005director interest notice● Neutral
F Gardner Parker became a HERCULES OFFSHORE, INC. director and company insider (initial ownership filing).
10 Nov 2005director interest notice● Neutral
HERCULES OFFSHORE, INC. CEO and President Randall D Stilley bought 400 shares on the open market at $20.00.
9 Nov 2005asset acquisition disposition▲ GoodMajor
Hercules completed its first major fleet deal since IPO, buying a group of liftboats from Danos Marine for $44 million and gaining its first foothold in Nigeria; one vessel damaged in Hurricane Katrina remains subject to a price adjustment pending the insurance outcome.
3 Nov 2005director interest notice● Neutral
HERCULES OFFSHORE, INC. director Thomas R Jr. Bates disposed of 2,791,185 shares via option/appreciation-right settlement.
3 Nov 2005director interest notice● Neutral
HERCULES OFFSHORE, INC. 10%+ owner Greenhill Capital Partners, LLC sold 1,375,931 shares at $20.00.
3 Nov 2005director interest notice● Neutral
HERCULES OFFSHORE, INC. director John T Reynolds disposed of 2,791,185 shares via option/appreciation-right settlement.