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RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

4 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More

Uber to pay $20 million to settle long-running legal battle with drivers

6 days ago DieselGasoil Comments Off on Uber to pay $20 million to settle long-running legal battle with drivers
SAN FRANCISCO (Reuters) – Uber Technologies Inc has agreed to pay $20 million to settle a lawsuit brought by drivers nearly six years ago, according to court filings, resolving one of its many legal battles with drivers ahead of a hotly anticipated initial public offering this year. FILE PHOTO: Uber’s logo is displayed on a Read More

Freehold Royalties Ltd. Announces 2018 Results and Unveils 2019 Guidance

2 weeks ago DieselGasoil Comments Off on Freehold Royalties Ltd. Announces 2018 Results and Unveils 2019 Guidance
CALGARY, Alberta, March 07, 2019 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced fourth quarter and year-end results for the period ended December 31, 2018. Results at a Glance   Three Months Ended Twelve Months Ended   December 31 December 31 FINANCIAL ($000s, except as noted) 2018 2017 Change 2018 2017 Change Royalty and Read More

Peyto Posts 19th Consecutive Year of Profits While Lowering Costs

2 weeks ago DieselGasoil Comments Off on Peyto Posts 19th Consecutive Year of Profits While Lowering Costs
CALGARY, Alberta, March 06, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the fourth quarter and 2018 fiscal year. A 72% operating margin1 and 20% profit margin2 was achieved in 2018, despite the 37% drop in natural gas prices, allowing Peyto Read More

Cardinal Energy Ltd. Announces 2018 Year-End Reserves

2 weeks ago DieselGasoil Comments Off on Cardinal Energy Ltd. Announces 2018 Year-End Reserves
CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX:CJ) is pleased to present its 2018 year end reserves which reinforce our successful 2018 drilling program and the low decline nature of our asset base. RESERVE HIGHLIGHTS (1) Proved Developed Producing (“PDP”) reserve additions of 10.7 mmboe replaced 2018 Read More

Gibson Energy Announces 2018 Fourth Quarter and Year-End Results and Provides Investor Day Webcast Details

2 weeks ago DieselGasoil Comments Off on Gibson Energy Announces 2018 Fourth Quarter and Year-End Results and Provides Investor Day Webcast Details
CALGARY, Alberta, March 04, 2019 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today its operating and financial results for the three months and fiscal year ended December 31, 2018. “We are very pleased with the record financial and operational results Gibson delivered in 2018, as well as the steps Read More

Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources

2 weeks ago DieselGasoil Comments Off on Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources
HONG KONG (Reuters) – China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to company sources and Reuters calculations – a move expected to boost morale as it battles a U.S.-led drive against its telecom gear. FILE PHOTO – The logo Read More

Tesla settles in cash $920 million convertible bond obligation

2 weeks ago DieselGasoil Comments Off on Tesla settles in cash $920 million convertible bond obligation
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo (Reuters) – Tesla Inc has paid off a $920 million convertible bond obligation in cash, a company spokesperson said on Friday. The bond, which matured on Friday, had a $359.87 conversion Read More

Blackstone CEO Schwarzman pockets at least $568 million in 2018: filing

2 weeks ago DieselGasoil Comments Off on Blackstone CEO Schwarzman pockets at least $568 million in 2018: filing
FILE PHOTO: Stephen A. Schwarzman, chairman and CEO of Blackstone, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann NEW YORK (Reuters) – Blackstone Group LP Chief Executive Stephen Schwarzman pocketed at least $567.8 million in 2018 dividends and compensation, making him yet again the private equity industry’s Read More

Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources

3 weeks ago DieselGasoil Comments Off on Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources
HONG KONG (Reuters) – China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to company sources and Reuters calculations – a move expected to boost morale as it battles a U.S.-led drive against its telecom gear. FILE PHOTO: The logo of Read More