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Abu Dhabi's Adnoc Drilling plans for further fleet expansion in 2024: CEO Abdulrahman Al Seiari

Published: February 6, 2024

The company is accelarating efforts to decarbonize its fleet

Source: gulfnews.com

Precision Drilling Shares Are Rocketing Today: What's Going On? Why Precision Drilling (PDS) Shares Are Rising Today - Precision Drilling (NYSE:PDS)

Published: February 6, 2024

Precision Drilling sees a surge in shares as Q4 results reveal C$506.9 million in revenues, driven by increased North American and international activity, with adjusted EBITDA hitting C$151.2 million. CEO Kevin Neveu outlines a bullish outlook, anticipating a 40% Y/Y increase in international rig count, driven by term contracts in Kuwait and Saudi Arabia. The company aims to reduce debt and allocate significant portions of free cash flow to share repurchases.

Source: benzinga.com

Caspian Sunrise (LON:CASP) Stock Price Down 4%

Published: January 16, 2024

Caspian Sunrise plc (LON:CASP – Get Free Report) dropped 4% during mid-day trading on Monday . The company traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.40 ($0.03). Approximately 1,353,352 shares changed hands during trading, an increase of 180% from the average daily volume of 482,833 shares. The stock had previously […]

Source: modernreaders.com