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re: Stone Energy Delcares Chapter 11 Bankruptcy

Posted on 10/25/16 at 8:33 pm to
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8156 posts
Posted on 10/25/16 at 8:33 pm to
What was the day rate?
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 10/26/16 at 9:03 am to
quote:

Hornebeck is probably close as well.
gonna have to disagree there. HOS has a boat load of cash, they can weather the storm better than Tidewater.
Posted by WavinWilly
Wavin Away in Sharlo
Member since Oct 2010
8788 posts
Posted on 10/26/16 at 1:07 pm to
quote:

gonna have to disagree there. HOS has a boat load of cash, they can weather the storm better than Tidewater.



HOS is doing some interesting things with their books and the valuation of their assets...
Posted by GREENHEAD22
Member since Nov 2009
19817 posts
Posted on 10/26/16 at 2:06 pm to
Ole willy, how have you been bud? Congrats on the engagement btw.

Posted by WavinWilly
Wavin Away in Sharlo
Member since Oct 2010
8788 posts
Posted on 10/26/16 at 2:46 pm to
quote:

Congrats on the engagement btw.


Appreciate it. All the nonsense associated with planning is finally about done.

quote:

Ole willy, how have you been bud?


Pretty good, just trying to survive all this stuff from the downturn like everyone else. With the job market taking a dump here, really don't want to have to move to Houston.

Wasn't sure if you remembered my screen name

You still in the area?
Posted by tgrbaitn08
Member since Dec 2007
147086 posts
Posted on 10/26/16 at 2:51 pm to
quote:

Hornebeck is probably close as well.



not even close, check their balance sheet, they have plenty of cash
Posted by tgrbaitn08
Member since Dec 2007
147086 posts
Posted on 10/26/16 at 2:55 pm to
quote:

I've seen more HOS boats stacked in fourchon more than any other boat.



HOS currently has 45% of their fleet stacked which is about 40 boats.

ECO and Harvey Gulf are the ones to worry about....

Also, SEACOR is plotting to take over GULFMARK

LINK

LINK
This post was edited on 10/26/16 at 2:57 pm
Posted by tgrbaitn08
Member since Dec 2007
147086 posts
Posted on 10/26/16 at 2:59 pm to
This post was edited on 10/26/16 at 3:12 pm
Posted by GREENHEAD22
Member since Nov 2009
19817 posts
Posted on 10/26/16 at 3:20 pm to
Yea for now, just switched jobs, working a set schedule trying to figure out my next step.

Where are you now?
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 3/1/17 at 9:02 pm to
SGY exited bankruptcy today. Any hope going forward? I see the new shares are down already!
Posted by barry
Location, Location, Location
Member since Aug 2006
50464 posts
Posted on 3/2/17 at 7:16 am to
Uh did they post +FCF in 4Q?

Stock up 285% overnight?
Posted by Omada
Member since Jun 2015
695 posts
Posted on 3/2/17 at 7:37 am to
I think they did another reverse split. LINK
Posted by barry
Location, Location, Location
Member since Aug 2006
50464 posts
Posted on 3/2/17 at 8:39 am to
Ok, this makes sense, I was wondering what could have possibly surprised the market that much
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