15 Mar 2019listing compliance notice▼ BadMajor
SEITEL INC suspended its duty to file periodic reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 Jan 2019asset acquisition disposition● NeutralMajor
On January 15, 2019 Seitel's subsidiary Seitel Canada Holdings sold all shares of Seitel Canada Ltd., which holds the Canadian 2D and 3D seismic data library, to Pulse Seismic Inc. for about CDN $53 million (net of cash, subject to working capital adjustments), plus an earn-out of 50% of cash resales over two years up to CDN $5 million. The sale closed the same day, with $1 million of the price held in escrow for indemnification claims. This ends Seitel's Canadian operations that included the subsidiary. Pro forma figures show cash rising by about $40.2 million and goodwill falling by about $75.1 million as if the sale had occurred at September 30, 2018. The same filing also reports preliminary 2018 results.
8 Nov 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $22.2 million and a net loss of $4.7 million for the period ended 2018-09-30.
7 Nov 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $22.2 million and a net loss of $4.7 million for the period ended 2018-09-30.
14 Aug 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $12.3 million and a net loss of $9.8 million for the period ended 2018-06-30.
13 Aug 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $12.3 million and a net loss of $9.8 million for the period ended 2018-06-30.
10 May 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $19.5 million and a net loss of $1.9 million for the period ended 2018-03-31.
9 May 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $19.5 million and a net loss of $1.9 million for the period ended 2018-03-31.
14 Feb 2018quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $21.9 million and a net loss of $2.1 million for the period ended 2017-12-31.
9 Nov 2017quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $24.0 million and a net loss of $6.3 million for the period ended 2017-09-30.
8 Nov 2017quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $24.0 million and a net loss of $6.3 million for the period ended 2017-09-30.
10 Aug 2017quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $23.7 million and a net loss of $9.6 million for the period ended 2017-06-30.
9 Aug 2017quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $23.7 million and a net loss of $9.6 million for the period ended 2017-06-30.
11 May 2017quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $20.6 million and a net loss of $13.4 million for the period ended 2017-03-31.
10 May 2017quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $20.6 million and a net loss of $13.4 million for the period ended 2017-03-31.
15 Feb 2017quarterly activities report● Neutral
SEITEL INC reported quarterly revenue of $35.0 million and net income of $4.1 million for the period ended 2016-12-31.
10 Nov 2016quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $23.3 million and a net loss of $5.4 million for the period ended 2016-09-30.
9 Nov 2016quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $23.3 million and a net loss of $5.4 million for the period ended 2016-09-30.
11 Aug 2016quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $24.3 million and a net loss of $9.2 million for the period ended 2016-06-30.
10 Aug 2016quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $24.3 million and a net loss of $9.2 million for the period ended 2016-06-30.
9 Aug 2016material agreement termination● Neutral
Seitel told David Richard, President of its Canadian subsidiary Seitel Canada Ltd. in Calgary, on August 3, 2016 that his employment ends August 15, 2016, citing current industry conditions. He gets severance including one year's base salary if he signs a release; the filing gives no total cost.
12 May 2016quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $11.9 million and a net loss of $13.9 million for the period ended 2016-03-31.
11 May 2016quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $11.9 million and a net loss of $13.9 million for the period ended 2016-03-31.
12 Nov 2015quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $31.2 million and a net loss of $4.1 million for the period ended 2015-09-30.
12 Nov 2015quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $31.2 million and a net loss of $4.1 million for the period ended 2015-09-30.
11 Aug 2015quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $30.7 million and a net loss of $2.3 million for the period ended 2015-06-30.
10 Aug 2015quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $30.7 million and a net loss of $2.3 million for the period ended 2015-06-30.
13 May 2015quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $24.3 million and a net loss of $7.6 million for the period ended 2015-03-31.
11 May 2015quarterly activities report▼ Bad
SEITEL INC reported quarterly revenue of $24.3 million and a net loss of $7.6 million for the period ended 2015-03-31.
19 Feb 2015quarterly activities report● Neutral
SEITEL INC reported quarterly revenue of $52.4 million and net income of $725 thousand for the period ended 2014-12-31.