Pacific Drilling S.A. , one of the world’s leading deepwater drilling contractors, announced today that it has been added to the Russell 2000® Index, a subset of the Russell 3000® Index. The company’s inclusion became effective at the end of the Russell US Indexes annual reconstitution on June 28, 2019. “Pacific Drilling is pleased with the inclusion in the Russell 2000 Index and the increased [...]
Pacific Drilling S.A. today reported results for the first quarter of 2019. Net loss for the first-quarter 2019 was $84.0 million or $1.12 per diluted share. EBITDA for the first-quarter 2019 was $1.9 million. “Our strong operational performance, reflected by 98.1% revenue efficiency for the quarter, and focus on spend management, delivered improved results and positive EBITDA for the quarter. We continue to make [...]
Pacific Drilling S.A. announced today that it has provided Notice of its Annual General Meeting of Shareholders to be held on June 4, 2019. The Notice of Annual General Meeting of Shareholders and Proxy Statement is being distributed to the Company’s common shareholders of record as of April 12, 2019 in advance of the AGM, which will be held on June 4, 2019, at 10:00 a.m. at the Company’s registered office [...]
Pacific Drilling S.A. will issue a press release announcing its financial results for the first-quarter ended March 31, 2019 on Monday, May 13, 2019 following market close. The earnings announcement press release will be available on the Company’s website at www.pacificdrilling.com. A conference call to discuss the first-quarter results will follow on Tuesday, May 14, 2019 beginning at 10 a.m. US Central time. To [...]
Pacific Drilling S.A. announced today that its financial statements for the year ended December 31, 2018, filed on Form 20-F with the U.S. Securities and Exchange Commission on March 12, 2019, are available on the Company’s website, www.pacificdrilling.com, in the “SEC Filings” subsection of the “Investor Relations” section. Shareholders may also request a free hard copy of the filing, which [...]
Pacific Drilling S.A. today reported results for the fourth quarter of 2018. Pacific Drilling CEO Bernie Wolford commented, “Although market conditions continue to be challenging, we delivered exceptional operational performance with 99.8% revenue efficiency for the quarter. The Pacific Drilling team continues to be recognized by world-class clients for our ability to deliver industry-leading operational [...]
Pacific Drilling S.A. will issue a press release announcing its financial results for the fourth-quarter and full-year ended December 31, 2018 on Monday, March 11, 2019 following market close. The earnings announcement press release will be available on the Company’s website at www.pacificdrilling.com. A conference call to discuss the fourth-quarter and full-year results will follow on Tuesday, March 12, 2019 [...]
Pacific Drilling S.A. announced today that it has provided a notice of an Extraordinary General Meeting of Shareholders to be held on February 22, 2019 , at which the Company’s Board of Directors will recommend that shareholders approve a share repurchase program for a total expenditure of up to $15.0 million over a two-year period. The Notice of Extraordinary General Meeting of Shareholders and proxy statement are [...]
Pacific Drilling S.A. today announced that it has received approval to relist its common shares on the New York Stock Exchange under the ticker symbol “PACD.” The Company expects that its common shares will commence trading on the NYSE at the market open on December 18, 2018. About Pacific Drilling With its best-in-class drillships and highly experienced team, Pacific Drilling is committed to becoming the [...]
Pacific Drilling S.A. today reported results for the third quarter of 2018. Net loss for the third-quarter 2018 was $144.8 million or $6.78 per diluted share, compared to net loss of $103.7 million or $4.86 per diluted share for the second-quarter 2018, and net loss of $157.5 million or $7.38 per diluted share for third-quarter 2017. Pacific Drilling CEO Bernie Wolford commented, “The Pacific Drilling team delivered [...]
Pacific Drilling S.A. will issue a press release announcing its financial results for the third-quarter ended September 30, 2018 on Monday, December 3, 2018 following market close. The earnings announcement press release will be available on the Company’s website at www.pacificdrilling.com. A conference call to discuss the third-quarter results will follow on Tuesday, December 4, 2018 beginning at 10 a.m. US Central [...]
Pacific Drilling S.A. announced that effective today the Company and certain of its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing restructuring transactions pursuant to their chapter 11 plan of reorganization . In connection with emergence from bankruptcy, the Company raised $1.5 billion in gross proceeds in new capital, consisting of $1.0 billion of new secured notes and $500 [...]
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