Atwood Oceanics Inc., Houston, (NYSE: ATW) reports that it earned $74.8 million in net income on revenues of $160.7 million for the quarter ending Sept. 30, 2008, or $1.16 per diluted share. During the same period last year, Atwood earned $54.1 million on revenues of $121.6 million, or $0.84 per diluted share.
The company’s net income for the 12 months ending Sept. 30, 2008, was $215.4 million on revenues of $526.6 million, or $3.34 per diluted share; last year’s total income was $139 million on revenues of $403 million, or $2.18 per diluted share.
Recommended Reading
Baker Hughes Listens Up (and Down): Acoustic Telemetry Aids Deepwater Completions
2023-01-06 - Bi-directional communications give operators more data about the downhole environment, allowing them to make better decisions in real-time.
Tech Over Trial-and-Error: Improving Near-Well Bore Completions
2023-01-27 - Drill2Frac’s FlowFX solution helps fine-tune completion designs by modeling parameters such as the number of perf clusters and length of stages.
Afentra Aims to Get More Black Gold Out of Brownfields
2023-01-24 - Former Tullow Oil CEO Paul McDade is leading a new company, Afentra, aimed at rejuvenating mature West Africa oil fields.
Nabors Sees Digital Twin Tech Improving Safety on Rigs
2023-03-16 - Virtual modeling of real-world rig floors can help robots relieve humans of the most dangerous jobs.
Talos Energy Makes Commercial Discoveries in GoM
2023-01-03 - Talos reported finding 78 ft of pay in the Lime Rock primary target and 72 ft of pay in the Venice primary target.