Saexploration Hldgs (SAEX) 10.20 $SAEX
Technical Coverage on Select Basic Materials Stocks -- Royal Dutch Shell, Statoil, SAExploration Holdings, and InterOil
PR Newswire - Fri Jul 29, 7:30AM CDT
Things are slowly starting to look up for the Basic Materials sector, which had a rough 2015. Operators, however, can expect some challenges to persist given the inconsistencies in pricing and demand. Stock-Callers.com reviews these equities closely today: Royal Dutch Shell PLC (NYSE: RDS-A), Statoil ASA (NYSE: STO), SAExploration Holdings Inc. (NASDAQ: SAEX), and InterOil Corp. (NYSE: IOC). Learn more about these stocks by accessing their free notes at:
IOC: 49.09 (-0.37), SAEX: 10.20 (-0.80), STO: 15.27 (-0.64)
SAExploration Announces Closing of Exchange Offer and Consent Solicitation
GlobeNewswire - Wed Jul 27, 3:17PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced that it has completed its previously announced exchange offer and consent solicitation related to its outstanding 10.000% Senior Secured Notes due 2019 (the "Existing Notes"
. SAE offered to exchange (the "Exchange Offer" any and all of the Existing Notes held by eligible holders upon the terms and subject to the conditions set forth in SAE's Exchange Offer Memorandum and Consent Solicitation Statement dated June 24, 2016 (together with the related letter of transmittal, the "Memorandum".
SAEX: 10.20 (-0.80)
SAExploration Announces 135-to-1 Reverse Stock Split
GlobeNewswire - Tue Jul 26, 9:06AM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced the consummation of a 135-to-1 reverse split of its issued and outstanding common stock. SAE's common stock will begin trading on a split-adjusted basis when the market opens on July 27, 2016. The reverse stock split affects all issued and outstanding shares of SAE's common stock. SAE's stockholders granted authority to the Board of Directors to effect the reverse stock split through a written consent dated June 15, 2016. Pursuant to the reverse stock split, every 135 shares of issued and outstanding common stock was automatically converted into 1 share of common stock, with fractional shares cashed out based on the closing price per share on the effective date of the reverse stock split. The reverse stock split does not impact any stockholder's percentage ownership or voting power, except for minimal effects resulting from the treatment of fractional shares. Following the reverse stock split, the number of outstanding shares of common stock was reduced by a factor of 135.
SAEX: 10.20 (-0.80)
SAExploration Announces Expiration of Exchange Offer and Consent Solicitation
GlobeNewswire - Mon Jul 25, 8:00AM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced the expiration at 11:59 p.m., New York City time, on July 22, 2016 (the "Expiration Time", of its previously announced (A) offer to exchange (the "Exchange Offer" any and all of its outstanding 10.000% Senior Secured Notes due 2019 (the "Existing Notes" for up to (i) $70,000,000 principal amount of SAE's new 10.000% Senior Secured Second Lien Notes due 2019 (the "New Notes" and (ii) after giving effect to a 135-to-1 reverse stock split, 6,497,979 newly issued shares (the "Shares" of SAE's common stock, upon the terms and subject to the conditions set forth in SAE's Exchange Offer Memorandum and Consent Solicitation Statement dated June 24, 2016 (together with the related letter of transmittal, the "Memorandum" and (
consent solicitation (the "Consent Solicitation" related to the adoption of proposed amendments to the indenture governing the Existing Notes, the related security and collateral agreements relating to the Existing Notes and the intercreditor agreement to which the Existing Notes are subject (the "Proposed Amendments", each as described in the Memorandum. As previously announced, the Proposed Amendments were adopted on June 29, 2016 following SAE's irrevocable receipt of the requisite consents of holders of the Existing Notes.
SAEX: 10.20 (-0.80)
SAExploration Announces Planned Grant of Warrants
GlobeNewswire - Thu Jul 14, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced that it intends to grant, on a pro rata basis, two series of warrants ("Series A Warrants" and "Series B Warrants", together the "Warrants" to the existing holders of their common stock to purchase shares of SAE's common stock. SAE plans to issue the Warrants on the closing date of SAE's previously announced exchange offer and consent solicitation relating to its outstanding 10.000% Senior Secured Notes due 2019, which is expected to be July 27, 2016. The Warrants will be issued to shareholders of record on July 26, 2016. The Series A Warrants and Series B Warrants will have exercise prices determined based upon market capitalizations of $112 million and $140 million in connection with the exchange offer, respectively. Each Warrant will entitle the holder to purchase one share of SAE's common stock, subject to certain anti-dilution adjustments. The Warrants will have five year terms, and will become exercisable 30-days in advance of their expiration date contingent upon the receipt by SAE of tax credit certificates in a face amount of at least $25 million issued by the State of Alaska to SAE or any of its affiliates.
SAEX: 10.20 (-0.80)
With Companies Showing Record Trading Volume Keep the Focus Here
PR Newswire - Wed Jul 13, 11:45AM CDT
DailyStockReporter.com Briefing: Wednesday morning markets are slightly down with oil holding much of the weight. Crude inventories fell by 2.5 million barrels in the last week, compared with analysts' expectations for a decrease of 3 million barrels. But this hasn't held down the entire market. In fact many stocks have begun to see record trading volume and new highs for the week. Here are four stocks that we've found to be meeting these criteria and are ones we will be watching closely this week:
RNVA: 0.25 (+0.02), SAEX: 10.20 (-0.80)
SAExploration Announces New Financing and Entry Into Comprehensive Restructuring Support Agreement
GlobeNewswire - Mon Jun 13, 3:17PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW), or SAE, today announced that it has entered into a comprehensive restructuring support agreement (the "Restructuring Support Agreement" with holders (the "Supporting Holders" of approximately 66% of the par value of SAE's 10.000% Senior Secured Notes due 2019 (the "Existing Notes", pursuant to which the Supporting Holders and SAE have agreed to enter into and implement a proposed comprehensive restructuring of SAE's balance sheet, which will include an agreement to fund up to $30 million in new capital, subject to the terms and conditions of the Restructuring Support Agreement, including the parties' agreement to negotiate in good faith the definitive documentation in respect thereof.
SAEX: 10.20 (-0.80)
SAExploration Announces First Quarter 2016 Financial Results
GlobeNewswire - Thu May 12, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the first quarter ("Q1" ended March 31, 2016.
SAEX: 10.20 (-0.80)
SAExploration Announces First Quarter 2016 Earnings Release and Conference Call Schedule
GlobeNewswire - Mon May 09, 3:18PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced plans to release its unaudited consolidated financial results for the first quarter ended March 31, 2016 on Thursday, May 12, 2016 after close of trading. SAE has scheduled a conference call for Friday, May 13, 2016 at 10:00 a.m. ET to discuss these results and other related matters.
SAEX: 10.20 (-0.80)
SAExploration Announces Fourth Quarter and Fiscal Year 2015 Consolidated Financial Results
GlobeNewswire - Wed Mar 09, 3:05PM CST
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the fourth quarter ("Q4" and fiscal year ended December 31, 2015.
SAEX: 10.20 (-0.80)
SAExploration wins new projects valued at USD83m in North and South America
M2 - Thu Jan 21, 6:10AM CST
Oilfield services company SAExploration Holdings (NasdaqGM:SAEX) revealed on Wednesday that it has been awarded five new projects for onshore logistical support and seismic data acquisition services, collectively valued at about USD83m, in North and South America.
SAEX: 10.20 (-0.80)
SAExploration Announces $83 Million of New Project Awards
GlobeNewswire - Wed Jan 20, 3:02PM CST
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced five new project awards for onshore logistical support and seismic data acquisition services in North and South America, collectively valued at approximately $83 million. All five projects are scheduled to be performed during the first half of 2016.
SAEX: 10.20 (-0.80)
SAExploration Announces Third Quarter 2015 Consolidated Financial Results
GlobeNewswire - Wed Nov 04, 3:02PM CST
SAExploration Holdings, Inc. (NASDAQ:SAEX), (OTCBB:SAEXW) today announced its consolidated financial results for the third quarter ("Q3" and nine months ("9M" ended September 30, 2015.
SAEX: 10.20 (-0.80)
SAExploration Announces Third Quarter 2015 Earnings Release and Conference Call Schedule
GlobeNewswire - Thu Oct 29, 3:06PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced plans to release its consolidated financial results for the third quarter and nine months ended September 30, 2015 on Wednesday, November 4, 2015 after close of trading. SAE has scheduled a conference call for Thursday, November 5, 2015 at 11:00 a.m. ET to discuss these results and other related matters.
SAEX: 10.20 (-0.80)
SAExploration Slips to Strong Sell on Low Commodity Prices
Zacks Equity Research - Zacks Investment Research - Thu Oct 01, 2:45PM CDT
On Oct 1, Zacks Investment Research downgraded oilfield service player, SAExploration Holdings Inc. (SAEX), to a Zacks Rank #5 (Strong Sell).
MTRX: 16.41 (-0.16), TSO: 74.59 (-1.56), NS: 49.02 (-1.13), SAEX: 10.20 (-0.80)
SAExploration awarded USD90m new projects in North and South America
M2 - Wed Sep 16, 8:53AM CDT
Oil field service company SAExploration Holdings (NasdaqGM:SAEX) (Other OTC:SAEXW) reported on Tuesday that it has been awarded three new projects for onshore logistical support and seismic data acquisition services, collectively valued at approximately USD90m, in North and South America.
SAEX: 10.20 (-0.80)
SAExploration Announces Second Quarter 2015 Consolidated Financial Results
GlobeNewswire - Wed Aug 05, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the second quarter ("Q2" and six months ("1H" ended June 30, 2015.
SAEX: 10.20 (-0.80)
SAExploration Announces Second Quarter 2015 Earnings Release and Conference Call Schedule
GlobeNewswire - Thu Jul 30, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced plans to release its consolidated financial results for the second quarter and six months ended June 30, 2015 on Wednesday, August 5, 2015 after close of trading. SAE has scheduled a conference call for Thursday, August 6, 2015 at 9:00 a.m. ET to discuss these results and other related matters.
SAEX: 10.20 (-0.80)
SAExploration secures USD47m ocean-bottom marine project
M2 - Tue Jul 28, 8:23AM CDT
Oilfield services company SAExploration Holdings (NasdaqGM:SAEX) (Other OTC:SAEXW) reported on Monday the receipt of an ocean-bottom marine seismic data acquisition services project, valued at approximately USD47m, for the second half of 2015.
SAEX: 10.20 (-0.80)
SAExploration Announces New $47 Million Ocean-Bottom Marine Project Award
GlobeNewswire - Mon Jul 27, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced a new project award for ocean-bottom marine seismic data acquisition services valued at approximately $47 million. The Company expects to execute the project during the second half of 2015.
SAEX: 10.20 (-0.80)
Technical Coverage on Select Basic Materials Stocks -- Royal Dutch Shell, Statoil, SAExploration Holdings, and InterOil
PR Newswire - Fri Jul 29, 7:30AM CDT
Things are slowly starting to look up for the Basic Materials sector, which had a rough 2015. Operators, however, can expect some challenges to persist given the inconsistencies in pricing and demand. Stock-Callers.com reviews these equities closely today: Royal Dutch Shell PLC (NYSE: RDS-A), Statoil ASA (NYSE: STO), SAExploration Holdings Inc. (NASDAQ: SAEX), and InterOil Corp. (NYSE: IOC). Learn more about these stocks by accessing their free notes at:
IOC: 49.09 (-0.37), SAEX: 10.20 (-0.80), STO: 15.27 (-0.64)
SAExploration Announces Closing of Exchange Offer and Consent Solicitation
GlobeNewswire - Wed Jul 27, 3:17PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced that it has completed its previously announced exchange offer and consent solicitation related to its outstanding 10.000% Senior Secured Notes due 2019 (the "Existing Notes"
. SAE offered to exchange (the "Exchange Offer" any and all of the Existing Notes held by eligible holders upon the terms and subject to the conditions set forth in SAE's Exchange Offer Memorandum and Consent Solicitation Statement dated June 24, 2016 (together with the related letter of transmittal, the "Memorandum". SAEX: 10.20 (-0.80)
SAExploration Announces 135-to-1 Reverse Stock Split
GlobeNewswire - Tue Jul 26, 9:06AM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced the consummation of a 135-to-1 reverse split of its issued and outstanding common stock. SAE's common stock will begin trading on a split-adjusted basis when the market opens on July 27, 2016. The reverse stock split affects all issued and outstanding shares of SAE's common stock. SAE's stockholders granted authority to the Board of Directors to effect the reverse stock split through a written consent dated June 15, 2016. Pursuant to the reverse stock split, every 135 shares of issued and outstanding common stock was automatically converted into 1 share of common stock, with fractional shares cashed out based on the closing price per share on the effective date of the reverse stock split. The reverse stock split does not impact any stockholder's percentage ownership or voting power, except for minimal effects resulting from the treatment of fractional shares. Following the reverse stock split, the number of outstanding shares of common stock was reduced by a factor of 135.
SAEX: 10.20 (-0.80)
SAExploration Announces Expiration of Exchange Offer and Consent Solicitation
GlobeNewswire - Mon Jul 25, 8:00AM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced the expiration at 11:59 p.m., New York City time, on July 22, 2016 (the "Expiration Time"
, of its previously announced (A) offer to exchange (the "Exchange Offer" any and all of its outstanding 10.000% Senior Secured Notes due 2019 (the "Existing Notes" for up to (i) $70,000,000 principal amount of SAE's new 10.000% Senior Secured Second Lien Notes due 2019 (the "New Notes" and (ii) after giving effect to a 135-to-1 reverse stock split, 6,497,979 newly issued shares (the "Shares" of SAE's common stock, upon the terms and subject to the conditions set forth in SAE's Exchange Offer Memorandum and Consent Solicitation Statement dated June 24, 2016 (together with the related letter of transmittal, the "Memorandum" and ( consent solicitation (the "Consent Solicitation" related to the adoption of proposed amendments to the indenture governing the Existing Notes, the related security and collateral agreements relating to the Existing Notes and the intercreditor agreement to which the Existing Notes are subject (the "Proposed Amendments", each as described in the Memorandum. As previously announced, the Proposed Amendments were adopted on June 29, 2016 following SAE's irrevocable receipt of the requisite consents of holders of the Existing Notes. SAEX: 10.20 (-0.80)
SAExploration Announces Planned Grant of Warrants
GlobeNewswire - Thu Jul 14, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX), or SAE, today announced that it intends to grant, on a pro rata basis, two series of warrants ("Series A Warrants" and "Series B Warrants", together the "Warrants"
to the existing holders of their common stock to purchase shares of SAE's common stock. SAE plans to issue the Warrants on the closing date of SAE's previously announced exchange offer and consent solicitation relating to its outstanding 10.000% Senior Secured Notes due 2019, which is expected to be July 27, 2016. The Warrants will be issued to shareholders of record on July 26, 2016. The Series A Warrants and Series B Warrants will have exercise prices determined based upon market capitalizations of $112 million and $140 million in connection with the exchange offer, respectively. Each Warrant will entitle the holder to purchase one share of SAE's common stock, subject to certain anti-dilution adjustments. The Warrants will have five year terms, and will become exercisable 30-days in advance of their expiration date contingent upon the receipt by SAE of tax credit certificates in a face amount of at least $25 million issued by the State of Alaska to SAE or any of its affiliates. SAEX: 10.20 (-0.80)
With Companies Showing Record Trading Volume Keep the Focus Here
PR Newswire - Wed Jul 13, 11:45AM CDT
DailyStockReporter.com Briefing: Wednesday morning markets are slightly down with oil holding much of the weight. Crude inventories fell by 2.5 million barrels in the last week, compared with analysts' expectations for a decrease of 3 million barrels. But this hasn't held down the entire market. In fact many stocks have begun to see record trading volume and new highs for the week. Here are four stocks that we've found to be meeting these criteria and are ones we will be watching closely this week:
RNVA: 0.25 (+0.02), SAEX: 10.20 (-0.80)
SAExploration Announces New Financing and Entry Into Comprehensive Restructuring Support Agreement
GlobeNewswire - Mon Jun 13, 3:17PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW), or SAE, today announced that it has entered into a comprehensive restructuring support agreement (the "Restructuring Support Agreement"
with holders (the "Supporting Holders" of approximately 66% of the par value of SAE's 10.000% Senior Secured Notes due 2019 (the "Existing Notes", pursuant to which the Supporting Holders and SAE have agreed to enter into and implement a proposed comprehensive restructuring of SAE's balance sheet, which will include an agreement to fund up to $30 million in new capital, subject to the terms and conditions of the Restructuring Support Agreement, including the parties' agreement to negotiate in good faith the definitive documentation in respect thereof. SAEX: 10.20 (-0.80)
SAExploration Announces First Quarter 2016 Financial Results
GlobeNewswire - Thu May 12, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the first quarter ("Q1"
ended March 31, 2016. SAEX: 10.20 (-0.80)
SAExploration Announces First Quarter 2016 Earnings Release and Conference Call Schedule
GlobeNewswire - Mon May 09, 3:18PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced plans to release its unaudited consolidated financial results for the first quarter ended March 31, 2016 on Thursday, May 12, 2016 after close of trading. SAE has scheduled a conference call for Friday, May 13, 2016 at 10:00 a.m. ET to discuss these results and other related matters.
SAEX: 10.20 (-0.80)
SAExploration Announces Fourth Quarter and Fiscal Year 2015 Consolidated Financial Results
GlobeNewswire - Wed Mar 09, 3:05PM CST
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the fourth quarter ("Q4"
and fiscal year ended December 31, 2015. SAEX: 10.20 (-0.80)
SAExploration wins new projects valued at USD83m in North and South America
M2 - Thu Jan 21, 6:10AM CST
Oilfield services company SAExploration Holdings (NasdaqGM:SAEX) revealed on Wednesday that it has been awarded five new projects for onshore logistical support and seismic data acquisition services, collectively valued at about USD83m, in North and South America.
SAEX: 10.20 (-0.80)
SAExploration Announces $83 Million of New Project Awards
GlobeNewswire - Wed Jan 20, 3:02PM CST
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced five new project awards for onshore logistical support and seismic data acquisition services in North and South America, collectively valued at approximately $83 million. All five projects are scheduled to be performed during the first half of 2016.
SAEX: 10.20 (-0.80)
SAExploration Announces Third Quarter 2015 Consolidated Financial Results
GlobeNewswire - Wed Nov 04, 3:02PM CST
SAExploration Holdings, Inc. (NASDAQ:SAEX), (OTCBB:SAEXW) today announced its consolidated financial results for the third quarter ("Q3"
and nine months ("9M" ended September 30, 2015. SAEX: 10.20 (-0.80)
SAExploration Announces Third Quarter 2015 Earnings Release and Conference Call Schedule
GlobeNewswire - Thu Oct 29, 3:06PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced plans to release its consolidated financial results for the third quarter and nine months ended September 30, 2015 on Wednesday, November 4, 2015 after close of trading. SAE has scheduled a conference call for Thursday, November 5, 2015 at 11:00 a.m. ET to discuss these results and other related matters.
SAEX: 10.20 (-0.80)
SAExploration Slips to Strong Sell on Low Commodity Prices
Zacks Equity Research - Zacks Investment Research - Thu Oct 01, 2:45PM CDT
On Oct 1, Zacks Investment Research downgraded oilfield service player, SAExploration Holdings Inc. (SAEX), to a Zacks Rank #5 (Strong Sell).
MTRX: 16.41 (-0.16), TSO: 74.59 (-1.56), NS: 49.02 (-1.13), SAEX: 10.20 (-0.80)
SAExploration awarded USD90m new projects in North and South America
M2 - Wed Sep 16, 8:53AM CDT
Oil field service company SAExploration Holdings (NasdaqGM:SAEX) (Other OTC:SAEXW) reported on Tuesday that it has been awarded three new projects for onshore logistical support and seismic data acquisition services, collectively valued at approximately USD90m, in North and South America.
SAEX: 10.20 (-0.80)
SAExploration Announces Second Quarter 2015 Consolidated Financial Results
GlobeNewswire - Wed Aug 05, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the second quarter ("Q2"
and six months ("1H" ended June 30, 2015. SAEX: 10.20 (-0.80)
SAExploration Announces Second Quarter 2015 Earnings Release and Conference Call Schedule
GlobeNewswire - Thu Jul 30, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced plans to release its consolidated financial results for the second quarter and six months ended June 30, 2015 on Wednesday, August 5, 2015 after close of trading. SAE has scheduled a conference call for Thursday, August 6, 2015 at 9:00 a.m. ET to discuss these results and other related matters.
SAEX: 10.20 (-0.80)
SAExploration secures USD47m ocean-bottom marine project
M2 - Tue Jul 28, 8:23AM CDT
Oilfield services company SAExploration Holdings (NasdaqGM:SAEX) (Other OTC:SAEXW) reported on Monday the receipt of an ocean-bottom marine seismic data acquisition services project, valued at approximately USD47m, for the second half of 2015.
SAEX: 10.20 (-0.80)
SAExploration Announces New $47 Million Ocean-Bottom Marine Project Award
GlobeNewswire - Mon Jul 27, 3:05PM CDT
SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced a new project award for ocean-bottom marine seismic data acquisition services valued at approximately $47 million. The Company expects to execute the project during the second half of 2015.
SAEX: 10.20 (-0.80)
