SAWLF News Alert Shawcor Ltd (SAWLF) 36.2800 12/25/2014 22:0

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Shawcor Ltd (SAWLF) 36.2800 $SAWLF

ShawCor Announces Expected Impairment Charge
GlobeNewswire - Mon Dec 22, 4:23PM CST
ShawCor Ltd. (TSX:SCL) announced today that it expects to incur an after tax impairment charge of up to approximately $80 million, relating to the goodwill and intangible assets of the Socotherm Gulf of Mexico coating facility in Channelview, Texas and the carrying value of Socotherm's 50% joint venture interest in Venezuela. The charge results from recently conducted annual impairment testing under IFRS of the carrying value of ShawCor's long lived assets. The final amount of this impairment charge is expected to be recorded in the fourth quarter.
SCL.TO: 42.31 (-0.11)

ShawCor Ltd. Provides Update on the South Stream Offshore Pipeline Project
GlobeNewswire - Thu Dec 18, 4:01PM CST
ShawCor Ltd. (TSX:SCL) has previously announced that its Bredero Shaw pipe coating division has received contracts from Europipe GmbH and Marubeni Sumitomo Consortium with a combined value of approximately US$100 million for pipeline coating for Lines 1 and 2 of the South Stream Offshore Pipeline project; and that its Canusa-CPS division has received a contract with a value of approximately C$30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream project.
SCL.TO: 42.31 (-0.11)

ShawCor Announces Second Contract to Provide Pipe Coating Services for the Shah Deniz Stage 2 Project
GlobeNewswire - Tue Nov 18, 7:40AM CST
ShawCor Ltd. (TSX:SCL) today announced that its Bredero Shaw pipe coating division has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. The contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) plant in Baku.
SCL.TO: 42.31 (-0.11)

ShawCor's (SAWLF) CEO Steve Orr on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Sun Nov 09, 10:01AM CST


ShawCor Ltd. Announces Third Quarter 2014 Results
GlobeNewswire - Thu Nov 06, 4:16PM CST
-- Third quarter revenue of $469.6 million was 6.4% higher from the $441.4 million reported in the second quarter of 2014. Revenue decreased by 11% from the $525.8 million reported in the third quarter of 2013.
SCL.TO: 42.31 (-0.11)

ShawCor Announces Contract to Provide Pipe Coating Services for the Shah Deniz Stage 2 Project
GlobeNewswire - Fri Sep 26, 10:00AM CDT
ShawCor Ltd. (TSX:SCL) today announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants within Bredero Shaw's EMAR region.
SCL.TO: 42.31 (-0.11)

ShawCor Announces Completion of Sale of Brazilian Joint Venture Interest
GlobeNewswire - Thu Sep 04, 4:01PM CDT
ShawCor Ltd (TSX:SCL) announced today that it had completed the sale of its Socotherm division's joint venture interest in Socotherm Brasil, first announced in December 2013, to its joint venture partner, Tenaris. Socotherm Brasil operates a pipe coating facility which is managed by Tenaris and which is located at the Confab welded pipe mill in Pindamonhangaba, Brazil.
SCL.TO: 42.31 (-0.11)

ShawCor Ltd. Announces Second Quarter 2014 Results
GlobeNewswire - Thu Aug 07, 4:03PM CDT
-- Second quarter revenue of $441.4 million was reduced by 3% from the $457.3 million reported in the second quarter a year ago. Revenue was also lower by 8% from the $479.1 million reported in the first quarter of 2014.
SCL.TO: 42.31 (-0.11)

ShawCor Declares Quarterly Dividend
GlobeNewswire - Thu Aug 07, 4:01PM CDT
ShawCor Ltd. (TSX:SCL) -- The Board of Directors today declared a dividend of fifteen cents (15.00 cents) per share on the outstanding common shares of the Corporation payable on the 29 day of August 2014, to shareholders of record at the close of business on the 15 day of August 2014.
SCL.TO: 42.31 (-0.11)

ShawCor Ltd. Acquires Desert NDT
GlobeNewswire - Tue Jul 08, 4:01PM CDT
ShawCor Ltd. (TSX:SCL) (ShawCor) today announced that it has completed the acquisition of all of the outstanding shares of Desert NDT LLC ("Desert" , first announced on May 8, 2014, for a total consideration of approximately US$260 million, subject to adjustment for changes in working capital. Desert is a Houston-based provider of non-destructive testing ("NDT" services for new oil and gas gathering pipelines and infrastructure integrity management services. Desert operates through 18 branches located in major U.S. oil and gas basins.
SCL.TO: 42.31 (-0.11)

ShawCor announces contract to provide pipeline field joint coating services for the South Stream Project
PR Newswire - Thu Jul 03, 4:01PM CDT
(TSX: SCL)
SCL.TO: 42.31 (-0.11)

ShawCor Announces Contract To Provide Pipe Coating Services For The South Stream Offshore Pipeline
PR Newswire - Mon Jun 30, 4:01PM CDT
(TSX: SCL)
SCL.TO: 42.31 (-0.11)

ShawCor Announces Operational Update
PR Newswire - Thu Jan 09, 4:01PM CST
(TSX: SCL)
SCL.TO: 42.31 (-0.11)




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