Офшор http://so-l.ru/tags/show/ofshor Mon, 20 Nov 2017 03:10:08 +0300 <![CDATA[U.S. Resources Set For Record Breaking Resurgence]]> http://so-l.ru/news/y/2017_10_31_u_s_resources_set_for_record_breaking_r Tue, 31 Oct 2017 18:43:02 +0300 <![CDATA[RBS looks to sell offshore Lombard loans for £200m]]> http://so-l.ru/news/y/2017_10_31_rbs_looks_to_sell_offshore_lombard_loans Tue, 31 Oct 2017 18:23:24 +0300 <![CDATA[Diamond Offshore (DO) Beats on Q3 Earnings and Revenues]]> Diamond Offshore Drilling Inc DO reported third-quarter 2017 adjusted earnings of 25 cents per share that surpassed the Zacks Consensus Estimate of 19 cents per share. The bottom line also increased from the year-earlier earnings of 10 cents.

Total revenues in the quarter of $366 million increased from the year-ago figure of $349.2 million and also beat the Zacks Consensus Estimate of $363 million.

The outstanding result is mainly attributable to higher utilization of ultra-deepwater floaters and higher realized dayrates from mid-water floaters. In addition, the new contracts for Ocean Apex and Ocean Patriot at favorable dayrates aided the growth. The company’s efficiency in operation was also a positive factor.

Diamond Offshore Drilling, Inc. Price, Consensus and EPS Surprise


Diamond Offshore Drilling, Inc. Price, Consensus and EPS Surprise | Diamond Offshore Drilling, Inc. Quote


Operational Performance

In the third quarter, revenues from the Contract Drilling segment increased 5.3% year over year to approximately $357.7 million.

Ultra-Deepwater floaters recorded an average dayrate of $407,000 during the quarter as against $452,000 in the year-earlier quarter. Deepwater floaters realized an average dayrate of $195,000 compared with $303,000 in the year-ago quarter. Mid-water floaters recorded an average dayrate of $322,000 as against $311,000 in the prior-year quarter. Jackups were at an average dayrate of $75,000 that remained unchanged from the preceding quarter

Rig utilization for Ultra-Deepwater floaters increased to 61% from 48% in the year-ago quarter. Utilization of Deepwater floaters fell to 33% from 34% a year ago. Mid-water category rig utilization was 27% as against 33% in the comparable quarter last year. Mid-water category rig utilization was 95% as against 86% in the preceding quarter.


As of Sep 30, Diamond Offshore had approximately $276.7 million in cash and cash equivalents, while long-term debt totaled $1,971.9 million.

Q3 Price Performance

The pricing chart reveals that the company’s shares have outperformed the industry in the last three months. During this period, the company’s shares have returned 33.9% compared with the industry’s rally of 8%.

Zacks Rank

Currently, Diamond Offshore carries a Zacks Rank #3 (Hold). A few better-ranked players in the energy sector include Northern Oil and Gas Inc NOG, Braskem SA BAK and Noble Midstream Partners LP NBLX. All these stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Northern Oil and Gas, based in Minnetonka, MN, is an independent energy company. The company delivered earnings surprise of 100.00% in the preceding quarter.

The largest petrochemical operator in Latin America, Braskem, delivered an average positive earnings surprise of 88.17% in the last four quarters.

Noble Midstream Partners, headquartered in Houston, TX, has diversified energy infrastructure properties. The company delivered positive earnings surprise of 30.67% in the preceding quarter.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Braskem S.A. (BAK): Free Stock Analysis Report
Diamond Offshore Drilling, Inc. (DO): Free Stock Analysis Report
Northern Oil and Gas, Inc. (NOG): Free Stock Analysis Report
Noble Midstream Partners LP (NBLX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research]]>
http://so-l.ru/news/y/2017_10_31_diamond_offshore_do_beats_on_q3_earnin Tue, 31 Oct 2017 15:26:00 +0300
<![CDATA[What's in the Offing for Noble (NE) This Earnings Season?]]> Noble Corporation plc NE is expected to report third-quarter 2017 earnings results on Nov 2, after the market closes.

Last quarter, the company delivered a positive earnings surprise of 6.06%. In the last four quarters, Noble delivered an average negative surprise of 7.58%.

Let’s see how things are shaping up for this announcement.

Noble Corporation Price and EPS Surprise


Noble Corporation Price and EPS Surprise | Noble Corporation Quote


Earnings Whispers

Our proven model does not conclusively show that Noble will beat estimates this quarter. That is because a stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.

Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is pegged at -6.89%. This is because the Most Accurate estimate stands at a loss of 38 cents, while the Zacks Consensus Estimate is pegged at a loss of 35 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Noble currently carries a Zacks Rank #3.

Please note that the Sell-rated stocks (Zacks Rank #4 or 5) should never be considered going into an earnings announcement.  

Factors Likely to Influence This Quarter

Noble is a leading offshore drilling firm with a robust portfolio of assets. Though the industry has witnessed a setback in the past few months, the company is likely to be less impacted by it than its peers. This is because Noble enjoys a strong backlog position with $3.2 billion.

Moreover, Noble has been able to significantly reduce expenses related to oil and gas production activities during second quarter of 2017. The success on this front reflects the company’s consistent efficiency gains and cost-reduction initiatives and should prove favorable in third-quarter earnings.

The company’s price chart is unimpressive. Shares of the company have underperformed the industry, quarter to date. Noble’s shares have declined 10.9%, while the market indices have decreased 6.7%.

However, the offshore drilling industry is witnessing rig oversupply. This is a cause for concern for the likes of Noble as an increase in rig count may hamper contract flow and dayrates. In addition, major oil companies are lowering deep-water capital spending, thereby worsening the situation.

Stocks to Consider
Here are some firms that you may want to consider on the basis of our model. These have the right combination of elements to beat earnings this quarter.

Denbury Resources Inc DNR, based in Plano, TX, is engaged in the exploration, production and development of natural gas properties in the Gulf Coast region. The company has an Earnings ESP of +11.11% and carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Tesoro Corporation ANDV, based in San Antonio, TX, operates as the refiner and marketer of petroleum products. The company has an Earnings ESP of +5.02% and carries a Zacks Rank #3.

Chesapeake Energy Corporation CHK, headquartered in Oklahoma City, OK, is an independent oil and gas company. The company has an Earnings ESP of +7.81% and carries a Zacks Rank #3.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Noble Corporation (NE): Free Stock Analysis Report
Chesapeake Energy Corporation (CHK): Free Stock Analysis Report
Denbury Resources Inc. (DNR): Free Stock Analysis Report
Tesoro Corporation (ANDV): Free Stock Analysis Report
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2017_10_31_what_s_in_the_offing_for_noble_ne_this Tue, 31 Oct 2017 15:21:00 +0300
<![CDATA[Manus Island refugees fear for safety, refuse to leave centre]]> http://so-l.ru/news/y/2017_10_31_manus_island_refugees_fear_for_safety_r Tue, 31 Oct 2017 11:53:35 +0300 <![CDATA[The Refugees Australia Tried To Offshore Are Still Its Responsibility]]> http://so-l.ru/news/y/2017_10_31_the_refugees_australia_tried_to_offshore Tue, 31 Oct 2017 02:00:00 +0300 <![CDATA[The Return Of Deepwater Oil]]> http://so-l.ru/news/y/2017_10_31_the_return_of_deepwater_oil Tue, 31 Oct 2017 01:11:01 +0300

Should-Read: Iris Marechal: Weekend reading: the “fiscal highlights” edition: "Rex Nutting argues that the Trump-Ryan plan will actually encourage more corporate offshore tax avoidance...

...Larry Summers says the numbers don’t add up and other economists, including Jason Furman, pointed to the extreme optimism of the White House’s projections.... Richard Sutch has completed a review of Piketty’s evidence that he says shows Piketty’s data on 19th century wealth in America is unreliable.... The American Dream seems to have come to an end. Nowadays, only 50 percent of U.S. children will do better, economically speaking, compared to their parents. Stanford University’s Raj Chetty argues that chances of succeeding vary widely between zip codes and that’s why solutions to economic mobility have to be local....

Both the House and the Senate have now passed budgets that make tax reform possible. As Republican talked about a tax abatements on repatriated foreign income, Martin Sandbu argues that companies’ foreign profits are actually not trapped offshore. A recent working paper released by Amanda Bayer and David Wilcox addresses the unequal economic education distribution among U.S. college graduates...

http://so-l.ru/news/y/2017_10_30_brad_delong_s_grasping_re_should_read_ir Mon, 30 Oct 2017 23:49:55 +0300
<![CDATA[Пола Манафорта могут приговорить к 80 годам лишения свободы]]> Бывший глава предвыборного штата президента США Дональда Трампа Пол Манафорт может быть приговорен к 80 годам тюрьмы за отмывание денег.

По данным Associated Press, помимо 80 лет тюремного заключения Манафорта также могут оштрафовать на крупную сумму денег. Его деловой партнер Рик Гейтс может получить до 70 лет тюрьмы.

В понедельник экс-главе штаба Трампа Манафорту и Гейтсу предъявили обвинение по 12 статьям. В том числе они обвиняются в сговоре против Соединенных Штатов и отмывании денег в размере около 18 миллионов долларов. Всего через офшоры прошло порядка 75 миллионов долларов.

По данным ФБР, обвиняемые работали на президента Украины Виктора Януковича. В частности, их деятельности касалась санкций против Украины, выборов и уголовного дела против бывшего премьера страны Юлии Тимошенко.

Уточняется, что Манафорт и Гейтс в ближайшее время предстанут перед судом в Вашингтоне. По данным CNN, Манафорт на данный момент уже пребывает в суде.

Ожидается, что оба фигуранта на первом судебном заседании будут отрицать свою вину. Судья примет решение об аресте обвиняемых, а также сообщит о возможном приговоре в случае признания вины в преступлениях.

Ранее Трамп заявил, что преступная деятельность Манафорта велась задолго до того, как он стал членом его штаба.

http://so-l.ru/news/y/2017_10_30_pola_manaforta_mogut_prigovorit_k_80_go Mon, 30 Oct 2017 21:49:00 +0300
<![CDATA[Manafort's clothing tab: $1.3 million]]> Paul Manafort spent more than $1.3 million on clothing alone as part of the “lavish lifestyle” described in the indictment brought against him Monday by special counsel Robert Mueller.

The indictment against the former Trump campaign chairman, which resulted from Mueller’s investigation of the Trump campaign and Russian election interference, lists transfers from offshore accounts totaling $849,215 to a “Men’s Clothing Store in New York” and $520,440 to a “Clothing Store in Beverly Hills, California” over the course of roughly six years, comprising $1,369,655 of the more than $75 million of illicit funds in question.

According to one November 2010 outlay to the Beverly Hills clothing store, Manafort spent $128,280.

Manafort and Trump campaign official Rick Gates were indicted on 12 counts, according to a 31-page indictment unsealed on Monday morning, including money laundering, operating as unregistered foreign agents of the government of Ukraine, failing to disclose overseas bank accounts and making false statements to federal authorities in conjunction with their work lobbying for Ukrainian president Victor Yanukovych.

Manafort’s spending ranged beyond well-tailored suits. The indictment lists nearly $1 million in spending at an “Antique Rug Store in Alexandria, Virginia,” as well as a total of $820,240 with two different landscapers in the Hamptons. Over $1.3 million was spent with a “Home Automation, Lighting, and Home Entertainment Company in Florida.”

Manafort’s love of fine clothes was highlighted after the FBI’s unannounced raid on his home last summer. The New York Times noted in their report on the raid that FBI agents photographed a collection of expensive suits hanging in his closet, leading former Trump adviser Roger Stone to label the treatment “outrageous.”

Facing reporters after his September testimony before the House Intelligence Committee regarding Russian interference in the 2016 election, Stone remarked that the agents “not only took away two folders of documents, all of which they already had, but they photographed all of his custom Italian suits in his closet.”

Stone said he “[could not] imagine for what reason” it was done.

http://so-l.ru/news/y/2017_10_30_manafort_s_clothing_tab_1_3_million Mon, 30 Oct 2017 21:36:15 +0300
<![CDATA[Trump’s former campaign chief faces 12 charges]]> http://so-l.ru/news/y/2017_10_30_trump_s_former_campaign_chief_faces_12_c Mon, 30 Oct 2017 19:44:00 +0300 <![CDATA[Oil Majors Go All-In On This Emerging Hotspot]]> http://so-l.ru/news/y/2017_10_30_oil_majors_go_all_in_on_this_emerging_ho Mon, 30 Oct 2017 19:40:20 +0300 <![CDATA[Манафорта обвиняют в отмывании денег, полученных на Украине]]> Одним из обвинений, предъявленных бывшему главе предвыборного штаба Дональда Трампа Полу Манафорту, стало отмывание денег, полученных за лоббирование интересов Украины, сообщается в обвинительном заключении, опубликованном на сайте Минюста США.

В документе отмечается, что Манафорт и его партнер Рик Гейтс получили несколько десятков миллионов долларов, работая в качестве агентов правительства и президента Украины Виктора Януковича, «Партии регионов» и «Оппозиционного блока» без необходимой регистрации.

По данным следствия, Манафорт и Гейтс отмывали средства через компании в США, на Кипре, Сейшелах, в Сент-Винсенте и Гренадинах. Всего в списке 32 компании.

В обвинительном заключении говорится, что всего через офшоры прошли 75 млн долларов, непосредственно Манафорта обвиняют в отмывании 18 млн.

В понедельник экс-советник Трампа явился в ФБР, где ему предъявили обвинения по 12 пунктам, в том числе в сговоре против США, даче ложных показаний и нарушении порядка регистрации иностранных агентов.

http://so-l.ru/news/y/2017_10_30_manaforta_obvinyayut_v_otmivanii_deneg_po Mon, 30 Oct 2017 19:01:00 +0300
<![CDATA[Заговор против США, поддержка Януковича и офшоры — Манафорту предъявили 12 обвинений]]> http://so-l.ru/news/y/2017_10_30_zagovor_protiv_ssha_podderzhka_yanukovicha Mon, 30 Oct 2017 17:42:43 +0300 <![CDATA[Highlights from Mueller indictment of Manafort, Gates]]> Paul Manafort and Richard Gates, two former top campaign officials for President Donald Trump, have been indicted on 12 counts, according to documents made public on Monday, making them the first people to be charged in special counsel Robert Mueller's probe into 2016 foreign election interference.

In a 31-page indictment, federal prosecutors alleged that Manafort and Gates engaged in unlawful activities ranging from money laundering to operating as unregistered foreign agents of the government of Ukraine to failing to disclose overseas bank accounts.

Here are several highlights from the indictment:

Manafort and Gates acted as "unregistered agents" from at least 2006 to 2015

The two business associates acted as foreign agents without registering their work with the Justice Department, as required by law, prosecutors said in the indictment. They represented the Ukrainian government, former Ukrainian President Viktor Yanukovych and the Party of Regions, a pro-Russian Ukrainian political party, the document says.

The pair moved more than $75 million through offshore accounts

Manafort allegedly laundered over $18 million, income that investigators say was "concealed from the United States Treasury, Department of Justice, and others." Gates, meanwhile, moved over $3 million through offshore accounts, prosecutors say. In total, over $75 million was discovered as a part of offshore transactions connected to the pair.

Manafort enjoyed a “lavish lifestyle” from hidden overseas wealth

Prosecutors say Manafort, by concealing the extent of his earnings abroad, lived lavishly in the U.S. while failing to pay taxes on the income, spending millions on “luxury goods and services” and the purchase of “multi-million dollar properties.” They also say he “defrauded” domestic money lenders in order to obtain “more favorable rates.”

No mention of work for Trump campaign

Despite Mueller’s sprawling probe into ties between the Trump campaign and potential interference by foreign governments, the charges made no direct mention of Manafort’s work while serving as Trump’s campaign chairman or Gates' time with the campaign and the presidential inauguration.

Charges include "conspiracy against the United States"

Prosecutors allege that Manafort and Gates "knowingly and intentionally conspired to defraud the United States" by defying the Department of Justice and the Department of the Treasury in performing undisclosed lobbying for the government of Ukraine. Manafort and Gates, the charges say, did so by "impeding, impairing, obstructing and defeating the lawful government functions of a government agency."

Manafort and Gates gave false statements and sought to conceal their activity

Prosecutors say the pair sought “to falsify, conceal, and cover up” their activities in their disclosures to federal authorities on the matter, including on Nov. 23 and Feb. 10, prior to Mueller taking on the role of special counsel. According to authorities, documents from the two contained “materially false” statements in an effort to hide their unlawful activity.

http://so-l.ru/news/y/2017_10_30_highlights_from_mueller_indictment_of_ma Mon, 30 Oct 2017 17:33:10 +0300
<![CDATA[The Labor Market Effects of Offshoring by U.S. Multinational Firms: Evidence from Changes in Global Tax Policies -- by Brian K. Kovak, Lindsay Oldenski, Nicholas Sly]]> http://so-l.ru/news/y/2017_10_24_the_labor_market_effects_of_offshoring_b Mon, 30 Oct 2017 16:19:22 +0300 <![CDATA[Валентин Катасонов: Европа борется с «тенью», а Америка наблюдает]]> mainВашингтон ведёт двойную игру – зачищает офшоры во всём мире, но сохраняет их на своей территории.

http://so-l.ru/news/y/2017_10_30_valentin_katasonov_evropa_boretsya_s_te Mon, 30 Oct 2017 15:15:35 +0300
<![CDATA[Loews (L) Beats Q3 Earnings Estimates, Revenues Rise]]> New York based Loews Corporation L is a diversified holding company operating through its subsidiaries.

Loews remains focused to strengthen its hotel business, its smallest unit, with the addition of more hotels to its portfolio.

Though offshore drilling market faces challenges from soft day rates and very few long-term contracts, Diamond Offshore continues to improve its fleet.

CNA Specialty as well as Commercial continues to experience rate increase as well as solid retentions thereby aiding solid performances at CNA Financial.

Currently, Loews has a Zacks Rank #4 (Sell), but that could definitely change following its earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below. You can see the complete list of today’s Zacks #1 Rank stocks here.

How was the Bottom Line?

Loews beats estimates. Our consensus called for EPS of 2 cents per share, and the company delivered bottom line of 3 cents in the quarter.

Loews Corporation Price and EPS Surprise

Key Stats to Note

•    Operating revenue of $3.5 billion increased 9.4% year over year.

•    Total expenses decreased increased 29% year over year to $3.3 billion.

•    Book value as of Sep 30, 2017 was $56.41 per share, up about 2.5% from $54.62 as of Dec 31, 2016.

Check back later for our full write up on this L earnings report later!

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

Click here for Zacks' private trades >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Loews Corporation (L): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research]]>
http://so-l.ru/news/y/2017_10_30_loews_l_beats_q3_earnings_estimates_r Mon, 30 Oct 2017 14:33:00 +0300
<![CDATA[За кого умирать – за офшоры и шоколадные фабрики? Лукаш об «уклонистах»]]> http://so-l.ru/news/y/2017_10_30_za_kogo_umirat_za_ofshori_i_shokoladnie Mon, 30 Oct 2017 10:20:11 +0300 <![CDATA[Тысячи демонстрантов вышли на улицы Мальты в память об убитой журналистке]]> Тысячи демонстрантов вышли на улицы Мальты в память об убитой журналистке

Валетта, 30 октября. Массовая демонстрация в память убитой журналистке Дафни Каруане Гализии прошла в мальтийском городе Слима. На улицы вышли порядка трех тысяч человек. 

Демонстранты выступили с требованием провести расследование убийства журналистки. Кроме того, как отмечает Times of Malta, часть участников акции призвали к отставке начальника полиции и  генерального прокурора Мальты, а также ряда других чиновников, пишет «Газета.ру».

 Дафни Каруана Гализия писала о панамских офшорах, а также занималась расследованием в отношении премьера Мальты Джозефа Муската и двух его ближайших помощников. 16 октября она погибла в результате подрыва ее автомобиля. За информацию об ее убийстве власти Мальты предложили 1 млн евро. 

http://so-l.ru/news/y/2017_10_30_tisyachi_demonstrantov_vishli_na_ulici_mal Mon, 30 Oct 2017 09:35:59 +0300
<![CDATA[Official: Offshore expertise helping Norway in Barents Sea]]> ]]> http://so-l.ru/news/y/2017_10_30_official_offshore_expertise_helping_nor Mon, 30 Oct 2017 09:03:00 +0300