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News Breaks
February 25, 2013
08:38 EDTTDW, HOS, GLFTidewater and Gulfmark downgraded at ISI Group
ISI Group said the OSV demand growth remains inline with supply growth worldwide and that utilization will be range bound. The firm does not expect meaningful dayrate growth until 2014 and favors company's with exposure to stronger Gulf of Mexico markets. As a result, the firm downgraded Tidewater (TDW) to Cautious from Neutral and GulfMark Offshore (GLF) to Buy from Strong, and reiterates Hornbeck Offshore (HOS) as a Strong Buy and top pick.
News For TDW;GLF;HOS From The Last 14 Days
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July 31, 2015
10:11 EDTGLFHigh option volume stocks
High option volume stocks: CMPR TPX WMC YRCW VTL HBI RNG MXWL GLF EXPE
July 29, 2015
17:18 EDTHOSHornbeck Offshore sees FY15 operating expenses $238.0M-$248.0M
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17:14 EDTHOSHornbeck Offshore reports Q2 EPS adjusted 42c, consensus 25c
Reports Q2 revenue $136.4M, consensus $127.74M.
July 22, 2015
17:06 EDTGLFGulfMark Offshore sees FY15 drydock $15M-$17M
Sees FY15 direct operating expenses $175M-$180M.
17:05 EDTGLFGulfMark Offshore sees Q3 revenue $65M-$70M, consensus $75.44M
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17:03 EDTGLFGulfMark Offshore reports Q2 adjusted EPS (27c), consensus (47c)
Reports Q2 revenue $74.46M, consensus $74.53M. "Our expense reduction initiatives continue to yield better than anticipated savings. We now believe that we will be able to capture about $60M of annual direct operating expense savings, an additional $25M in savings over our previous goal of about $35M," said the company.

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