Industry News

Dividend information Reference is made to the Q4 2023 Presentation released 29 February 2024. BW Offshore Limited (“BW Offshore”) provides the following key information relating to its cash dividend for Q4 2023. Cash dividend:Cash dividend amount: USD 0.088 per share...

Fourth quarter and full year results 2023 HIGHLIGHTS Q4 EBITDA USD 91.1 million and operating cashflow of USD 230.0 million2023 EBITDA 305.5 million and operating cashflow of USD 558.6 millionEquity ratio 30.2% and USD 605.7 million in available liquidity at...

FRONTLINE PLC REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the three and twelve months ended December 31, 2023: Highlights Profit of $118.4 million, or $0.53 per share...

February 29, 2024 SBM Offshore is pleased to announce a EUR65 million (US$70 million equivalent1) share repurchase program, effective from March 1, 2024. The objective of the program is to reduce the Company’s share capital. All shares purchased will therefore be...

February 29, 2024 On February 29, 2024, SBM Offshore will start the repurchase of 50,000 of its own ordinary shares to meet obligations from regular management and employee share programs. At yesterday’s closing price on Euronext Amsterdam, the program would cost...

  February 29, 2024 Record-level Revenue and EBITDA, increasing total shareholder returns Highlights Record-level Directional1 Revenue of US$4.5 billion (+38%), above guidanceRecord-level Directional EBITDA of US$1.3 billion (+31%), in line with guidanceUS$30.3...

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it expects to report its financial results for the period ended December 31st, 2023 on Wednesday, March 13th, 2024 after the market closes for trading on...

Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 9 February 2024, wherein EMGS announced that the Company had received a Letter of Intent from Equinor for a fully prefunded multi-client...

THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its fourth quarter 2023 earnings release and conference call. Ring plans to issue its fourth quarter and full year...

Summary The fright revenues in the fourth quarter were NOK 148 million, an increase of NOK 5 million compared to the corresponding period last year. Three vessels were sold and delivered to the new owner after the lenders demanded that the vessels be sold in...