Gulf of Mexico

Gulf Island Reports First Quarter 2024 Results

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星期二, 五月 7, 2024
Corporation, Sale, Service, Shipyard, Central Time, Investment, NASA, Insurance, Webcast, Gulf Island Fabrication, Segment, Gulf of Mexico, Wind, Hurricane Ida, Operating cost, Acquisition, Fabrication, Consolidated, Workforce, Share repurchase, Adjustment, GAAP, Growth, Bookkeeping

THE WOODLANDS, Texas, May 07, 2024 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the first quarter 2024.

Key Points: 
  • THE WOODLANDS, Texas, May 07, 2024 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced results for the first quarter 2024.
  • Services Segment – Revenue for the first quarter 2024 was $25.5 million, an increase of $3.9 million, or 18.3%, compared to the first quarter 2023.
  • Operating income was $2.9 million for the first quarter 2024, compared to $2.3 million for the first quarter 2023.
  • Gulf Island will hold a conference call on Tuesday, May 7, 2024 at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) to discuss the Company’s financial results.

Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes

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星期一, 五月 6, 2024
Other Energy, Oil, Gas, Energy, Trucking, Chemicals, Plastics, Maritime, Transport, Manufacturing, Sale, RBC Capital Markets, Genesis Energy, Security (finance), Partnership, Gulf of Mexico, Form, BofA Securities, S-3, BNP Paribas, Wells Fargo

Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $700,000,000 in aggregate principal amount of 7.875% senior unsecured notes due 2032 (the “notes”).

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $700,000,000 in aggregate principal amount of 7.875% senior unsecured notes due 2032 (the “notes”).
  • The offering of the notes was upsized from the previously announced $500,000,000 in aggregate principal amount of the notes.
  • The offering of the notes is expected to settle and close on May 9, 2024, subject to customary closing conditions.
  • This press release does not constitute a notice of redemption under the indenture governing the 6.250% senior unsecured notes due 2026.

Genesis Energy, L.P. Announces Public Offering of Senior Notes

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星期一, 五月 6, 2024
Maritime, Energy, Transport, Oil, Gas, Sale, RBC Capital Markets, Vesey Street, Genesis Energy, Security (finance), Partnership, Form S-3, Gulf of Mexico, Form, Telephone, ATTN:

Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior unsecured notes due 2032 (the “notes”).

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) today announced the commencement, subject to market and other conditions, of a registered, underwritten public offering of $500,000,000 in aggregate principal amount of senior unsecured notes due 2032 (the “notes”).
  • RBC Capital Markets, LLC is leading the offering along with several joint book-running managers and co-managers.
  • This press release does not constitute a notice of redemption under the indenture governing the 6.250% senior unsecured notes due 2026.
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Third Coast Bancshares, Inc. Celebrates Earth Month 2024, Reinforcing its Commitment to Impact & Sustainability

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星期一, 四月 29, 2024
Agriculture, Ecosystem, Animal, Water, Habit, Gulf of Mexico, NWR, Plant, Environment, Culture, Tree, Wetland, Arbor Day, Bird, Seedling, Silviculture

HOUSTON, April 29, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced its observance of Earth Month throughout April, showcasing its dedication to sustainability and making a significant impact for the environment.

Key Points: 
  • HOUSTON, April 29, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced its observance of Earth Month throughout April, showcasing its dedication to sustainability and making a significant impact for the environment.
  • "Third Coast is dedicated to deepening its environmental consciousness in our team members and our communities," said Bart Caraway, Third Coast's President, and Chief Executive Officer.
  • Plus, during the month of April, we renewed our commitment to sustainable habits across all our locations.
  • Each year, Third Coast spotlights its commitment to Impact & Sustainability through its corporate responsibility priorities: (1) environmental consciousness, (2) human capital management, and (3) community outreach.

Ecopetrol announces senior management changes

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星期六, 四月 27, 2024
Permian, Growth, Gulf of Mexico, Universidad Externado de Colombia, EPM, Behavior, Corporation, XM, Business administration, CESA, Universidad de los Andes, CHEC, Legislation, EAN, Advisory board, Sustainable Value, Transport, BVC, Connection, Marketing, ISA, Specialization, Commercial, Human resources, Trade, Human resource management, Acquisition, Marketing strategy, Telecommunications, MBA, Metro, Management

BOGOTA, Colombia, April 26, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Board of Directors, at its meeting held on April 26, 2024, made the following appointments in property:

Key Points: 
  • BOGOTA, Colombia, April 26, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Board of Directors, at its meeting held on April 26, 2024, made the following appointments in property:
    1.
  • He has 25 years of experience in commercial and marketing positions, 20 of which have been in Ecopetrol in the areas of marketing, commercialization, evaluation and structuring of new businesses.
  • Ecopetrol S.A. thanks Alberto for his valuable management during more than seven years in the Ecopetrol Group.
  • Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees.

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

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星期二, 四月 23, 2024
Petroleum Development Oman, International, BP, Well drilling, WFRD, PTTEP, Artificial intelligence, Capital expenditure, Growth, Gulf of Mexico, Weatherford International, XT, Senior, Machine learning, MPD, Gas lift, Quattro, Acquisition, Line of credit, ESP, Credit, Kuwait Oil Company

HOUSTON, April 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the first quarter of 2024.

Key Points: 
  • Operating income was $233 million in the first quarter of 2024, compared to $185 million in the first quarter of 2023 and $216 million in the fourth quarter of 2023.
  • First quarter 2024 cash flows provided by operating activities were $131 million, compared to $84 million in the first quarter of 2023 and $375 million in the fourth quarter of 2023.
  • Capital expenditures were $59 million in the first quarter of 2024, compared to $64 million in the first quarter of 2023 and $67 million in the fourth quarter of 2023.
  • We closed the first quarter 2024 with total cash of approximately $937 million as of March 31, 2024, down $126 million sequentially.

EnerGeo Alliance Testified on the Solutions to Secure America’s Offshore Energy Future

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星期四, 四月 18, 2024
NZE, Congress, Marine Mammal Protection Act, Policy, OCS, Natural gas, Uncertainty, ESA, House, Carbon, Gulf of Mexico, CCS, Louisiana House of Representatives, MMPA, Representative, BOEM, Renewable energy

Washington D.C., U.S., April 18, 2024 (GLOBE NEWSWIRE) -- Today, Nikki Martin testified on behalf of EnerGeo Alliance before the U.S. House of Representatives, highlighting the critical role that energy geoscience plays in both securing America’s offshore energy and in the energy evolution.

Key Points: 
  • Washington D.C., U.S., April 18, 2024 (GLOBE NEWSWIRE) -- Today, Nikki Martin testified on behalf of EnerGeo Alliance before the U.S. House of Representatives, highlighting the critical role that energy geoscience plays in both securing America’s offshore energy and in the energy evolution.
  • Attracting investment in new data and products, which in turn enhances the government’s resource evaluation, also requires regular and robust lease rounds."
  • In the past decade, these problems have manifested in routinely delayed permitting processes, inconsistent and misguided analyses of potential impacts, and opportunistic advocacy litigation intended to block or impede offshore development”.
  • These are necessary steps to ensure the continued development of U.S. energy resources and low-carbon solutions for future generations,” Martin concluded.

Newman-Dailey Resort Properties Introduces the Late Spring Fling Deal for Destin Vacation Rental Stays for Springtime Events and Concerts

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星期五, 四月 12, 2024
Emerald, Smoke, Mothership, Country Ghetto, Wine, Lake Street Dive, Travel, Blackberry Smoke, Erysimum, Gulf of Mexico, The Teskey Brothers, Friends, JJ Grey & Mofro, Trombone Shorty, Music, Creativity, Concert, Late, Village, Hotel

To help beach and music lovers stretch their spring travel budget and make a spring trip to Florida a reality, Newman-Dailey Resort Properties is offering spring savings on 30A and Destin vacation rental homes and condos.

Key Points: 
  • To help beach and music lovers stretch their spring travel budget and make a spring trip to Florida a reality, Newman-Dailey Resort Properties is offering spring savings on 30A and Destin vacation rental homes and condos.
  • The Late Spring Fling deal provides 10% off stays of three nights or more between April 14 and May 22, 2024.
  • Newman-Dailey Resort Properties features a vast array of well-appointed Gulf-front Destin condos as well as spacious South Walton, 30A, and Destin rental homes.
  • Learn more about spring activities in Destin and details of the Late Spring Fling * promotion for 10% off Destin vacation rentals online at DestinVacation.com .

FOX Nation Acquires Exclusive Streaming Rights to Hour-long Film “Deep in the Heart”

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星期一, 四月 29, 2024
Film & Motion Pictures, Online, General Entertainment, Entertainment, TV and Radio, Fox News, FuboTV, FOX, Blue ant, Fox Nation, YouTube TV, Android, Fin, Google TV, News, STEAM, John, Xfinity, Heart, Water, Gulf of Mexico, Love Nature, Generation Z, Gen, Samsung, Roku, Android TV, Vizio, Procurement, Wall, River, Acquisition, Xbox One, Apple TV, The Roku Channel, DIRECTV, Matthew McConaughey, IOS, Amazon Fire TV, Film industry

FOX Nation has acquired exclusive rights to the Matthew McConaughey narrated, hour-long film “Deep in the Heart,” announced Lauren Petterson, president of the platform.

Key Points: 
  • FOX Nation has acquired exclusive rights to the Matthew McConaughey narrated, hour-long film “Deep in the Heart,” announced Lauren Petterson, president of the platform.
  • Available today through the fall, the film is a celebration of the landscape, wildlife and wonder that can only be found in McConaughey’s home state of Texas.
  • The hour-long film was commissioned by Love Nature and is distributed by Blue Ant Studios’ rights division.
  • FOX Nation is a direct-to-consumer on-demand streaming service designed to complement the FOX News Channel experience with a members-only destination for its most passionate and loyal super fans.

NOV Reports First Quarter 2024 Results, Return of Capital Framework, $1 Billion Share Repurchase Authorization, and Plan to Increase Dividend 50%

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星期四, 四月 25, 2024
Energy, Other Energy, Oil, Gas, Investment, RFM, NACE, Water, Growth, Gulf of Mexico, Wind, RCX, Economics, RSS, Traction, Communication, Halogenation, BHA, Robotics, Safety, IA Financial Group, Chlorinated polyvinyl chloride, Artificial intelligence, FGS, Carbon, Public expenditure, Automation, ABS, FPSO, BOP, Stainless steel, NOV, Acquisition, Share repurchase, Adjustment, Engineering, Service, Video game

NOV Inc. (NYSE: NOV) today reported first quarter 2024 revenues of $2.16 billion, an increase of 10 percent compared to the first quarter of 2023.

Key Points: 
  • NOV Inc. (NYSE: NOV) today reported first quarter 2024 revenues of $2.16 billion, an increase of 10 percent compared to the first quarter of 2023.
  • Energy Equipment generated revenues of $1,178 million in the first quarter of 2024, an increase of 12 percent from the first quarter of 2023.
  • The first quarterly dividend of $0.075 per share is anticipated to be paid out during the quarter ended June 30, 2024.
  • NOV will hold a conference call to discuss its first quarter 2024 results on April 26, 2024 at 10:00 AM Central Time (11:00 AM Eastern Time).