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Seventy Seven Energy Inc.
15 articles mentioning Seventy Seven Energy Inc.

Seventy Seven Energy Cuts Down Losses in Q4; Down 44% to $27MM
This follows its August 2016 emergence from bankruptcy and subsequent pending acquisition of Seventy Seven by Patterson UTI.

Pressure Pumper Exits Bankruptcy, Still Bleeding Cash; Report $84 Million Loss
Seventy Seven Energy Inc. reported financial and operational results for the second quarter of 2016. Highlights: Emerged from bankruptcy on August 1, 2016, which reduced debt by $1.115 billion Net Loss of $84.5 million Consolidated Adjusted...

Seventy Seven Energy Emerges from Bankruptcy
Seventy Seven Energy Inc. has successfully completed its prepackaged restructuring and recapitalization and emerged from Chapter 11 bankruptcy protection.

Crushed Under $1.1B of Debt, Seventy Seven Files Chapter 11
Seventy Seven Energy Inc. has filed a plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

Seventy Seven Energy Tags $59.6MM Loss in 1Q; Restructures Loan
Seventy Seven Energy Inc. reported financial and operational results for the first quarter of 2016.

Seventy Seven Energy To File Bankruptcy; Enters RSA
Seventy Seven Energy Inc. said Tuesday that it plans to file for Chapter 11 bankruptcy protection and that it has reached a restructuring agreement with many of its lenders.

Seventy Seven Estimates 2015 Revenues of $1.13B
Seventy Seven Energy Inc. reported preliminary estimated and unaudited financial and operational results for the 2015 full year and fourth quarter.

Lazard Freres to Advise Seventy Seven Energy; Interest Payments, Debt
The Company does not anticipate making additional announcements concerning the process unless and until the Company otherwise determines that disclosures are necessary or appropriate.

Seventy Seven Energy Reports Half Idle Rig Fleet
Seventy Seven Energy Inc. has reported financial and operational results for the third quarter of 2015.

Seventy Seven Sees Dip in 2Q Results Due to Strained Market
Chief Executive Officer Jerry Winchester said: "Given the challenging market environment, we are pleased with our financial and operational results this quarter."

Seventy Seven Talks 'Challenging' 1Q; Posts Loss
Chief Executive Officer Jerry Winchester said: "Despite the fact that we expect the U.S. rig count to bottom in the near term, we are anticipating sustained headwinds across each of our business segments."

Seventy Seven's Frac Division Hit Hard in 4Q; 2015 Outlook
The decrease in financial performance for the fourth quarter of 2014 compared to the third quarter of 2014 was primarily due to...

Seventy Seven's Hydraulic Fracturing Segment Top Performer in 3Q
SSE’s hydraulic fracturing segment contributed $245.1 million of revenues and Adjusted EBITDA of $56.5 million during the third quarter of 2014.

Seventy Seven Adds Frac Horse Power To Oversupplied Market
Higher utilization as a result of increased activity with non-Chesapeake customers.

Chesapeake Finalizes Spin-Off of Oilfield Services Biz
SSE common stock will begin “regular-way” trading under the symbol “SSE” on the New York Stock Exchange on July 1, 2014.