Archer Limited (ARCHER) 🛢

TekBot · desember 6, 2018, 4:12pm

06/12-2018 17:11:20: (ARCHER) Notification

Hemen Holding Limited, which is indirectly controlled
by trusts established by John Fredriksen for the
benefit of his immediate family, has settled Total
…

Vis børsmeldingen

Return Swap (TRS) agreements underlying 8,059,854
shares in Archer Limited expiring December 6th, 2018
and subsequently entered into a new TRS agreement
underlying the same number of shares 8,059,854. New
expiry date is March 6th, 2019 and new TRS price
is NOK 5.7304 per share. Hemen Holding Limited’s
affiliated ownership in Archer Limited is following
this transaction unchanged 12,119,675 shares, constituting
8.22 percent of the issued share capital. Hemen Holding Limited Controls after
this in addition TRS agreements with exposure to totally 8,059,854 shares in
Archer Limited.

http://www.netfonds.no/quotes/release.php?id=20181206.OBI.20181206S117

TekBot · desember 19, 2018, 1:59pm

18/12-2018 10:01:38: (ARCHER) Financial calendar

TekBot · januar 3, 2019, 8:47am

03/01-2019 09:47:36: (ARCHER) Notification of change in ownership for Catella Fondförvaltning AB

TekBot · januar 23, 2019, 7:01am

23/01-2019 08:00:00: (ARCHER) Archer Limited: Trading update Q4 2018 and Financial Outlook 2019

Hamilton, Bermuda (January 23, 2019)

Archer will today, January 23, 2019, host an analyst lunch where we will share a trading update for Q4 2018 and preliminary financial outlook for 2019.
…

Vis børsmeldingen

Trading update Q4 2018 - Best operational results since 2015

Based on preliminary unaudited reporting from operating units, Archer Limited expects to report the following key financial numbers for Q4 2018:

· Revenue of approximately $233 million
· EBITDA before exceptional items of approximately $27 million
· EBITDA of approximately $24 million
· Net interest bearing debt reduced to approximately $586 million
· Robust liquidity of approximately $139 million

Q4 2018 and preliminary 2018 results will be reported on February 27, 2019.

Financial outlook 2019

Recent oil price volatility creates uncertainty regarding operators 2019 budgets, but Archer expects continued growth in 2019 on the back of strong backlog:

· Revenue set to increase moderately 4-6% over 2018
· EBITDA margin about 10-12%
· Capex 3-4% of revenue
· Robust liquidity and strong operational cash flow generation

More information can be found in the attached presentation to be shared with the analysts, which can also be downloaded from https://www.archerwell.com/investor-relations/presentations/

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190123.Cision.20190122:BIT:1060:0

NoBrain · desember 21, 2019, 3:15pm

Nyhetsartikler januar 2019

NoBrain · desember 22, 2019, 12:50am

Nyhetsartikler februar 2019

https://www.nettavisen.no/na24/masseansettelser-john-fredriksen-kontrollert-selskap-okte-staben-med-44-prosent/3423588096.html

https://www.swedbank-aktiellt.se/analyser/2019/02/28/archer.csp

TekBot · februar 27, 2019, 6:31am

27/02-2019 07:30:00: (ARCHER) Archer Limited: Fourth Quarter 2018 Earnings Release

Hamilton, Bermuda (February 27, 2019)

Fourth quarter highlights 2018 - Best operational results since 2015
…

Vis børsmeldingen

· Revenue of $233.2 million, an increase of 9% from third quarter.
· EBITDA before exceptional items of $26.9 million, an increase of $10.4 million or 63% relative to Q4 2017.
· EBITDA of $24.3 million, an increase of $9.6 million or 65% relative to Q4 2017.
· EBIT of $10.7 million or 4.6% of revenue.
· Net Interest Bearing Debt reduced to $585.8 million.

John Lechner, CEO Archer comments:

"Archer is pleased to deliver the strongest quarterly operational results since 2015. Overall, 2018 has been a year of growth for Archer, and we ended the year with strong financial performance. I would like to thank all of our employees who have contributed to this success.

Well services increased both revenue and margins in the quarter, materially driven by a record number of plug runs. Fourth quarter revenue for Well services is up 38% compared to the same quarter last year. We view this as a testament to our new product developments, advanced technologies and broader service offerings, combined with improved market conditions.

On October 1, 2018, we started work under the new contract with Equinor for the provision of Platform Drilling Services. We successfully onboarded approximately 400 employees for the four additional active platforms awarded: Gullfaks A, B and C as well as Grane. The increase in active platforms had a material effect on our revenue from this segment in the quarter.

Lastly, Land Drilling continued its improved operating performance in the fourth quarter, delivering strong financial results, with the second quarter in a row with EBITDA margin above 13%."

Outlook 2019

Archer expects continued growth in 2019 on the back of strong backlog:

· Revenue set to increase 4-6% over 2018;
· EBITDA margin about 10-12%;
· Capex 3-4% of revenue;
· Robust liquidity and strong operational cash flow generation.

A conference call will be held at 08:00 London time, 09:00 Oslo time on February 27, 2019. To listen to the conference call, the following options are available:

A. Webcast

To register for the webcast please go to https://archer.eventcdn.net/q42018

B. Conference call

To access the call, which is open to the public, please contact the conference call operator at the participant telephone numbers listed below. Please call in 10 minutes prior to the scheduled start time, and ask for the “Archer Fourth Quarter 2018 Earnings release.”

Participant Telephone Numbers:

Norway: +47 2350 0254
UK: +44 (0)203 194 0544
USA: +1 855-269-2604

The operator will ask for your name and company. Following the presentation there will be a Q&A session. Information on “how to ask questions” will be given at the beginning of the Q&A session.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190227.Cision.20190226:BIT:8844:0

TekBot · februar 27, 2019, 3:51pm

27/02-2019 16:50:32: (ARCHER) Archer Limited : Mandatory notification of trad

TekBot · mars 6, 2019, 9:20am

06/03-2019 10:19:13: (ARCHER) Archer Limited : Settlement of restricted stock units

Hamilton, Bermuda (March 6, 2019)

In connection with Archer’s long term incentive program 98,000 restricted stock units (“RSUs”) have vested and the same amount of common shares have been distributed to Archer employees. The Company has used treasury shares for settlement.
…

Vis børsmeldingen

The following primary insiders were amongst the recipients of shares:

Mr. John Lechner, CEO, received 7,500 shares. After this transaction, Mr. Lechner holds 130,000 shares, 690,000 stock options and 130,000 RSUs in Archer Limited

Mr. Adam Todd, General Counsel, received 6,250 shares. After this transaction, Mr. Todd holds 29,500 shares and 68,500 RSUs in Archer Limited.

After these transactions, the total number of options and RSUs outstanding in Archer Limited is 1,469,433 and 2,153,900 respectively. The Company has a holding of 17,875 treasury shares.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190306.Cision.20190306:BIT:5407:0

NoBrain · desember 22, 2019, 12:51am

Nyhetsartikler mars 2019

TekBot · mars 22, 2019, 7:46am

22/03-2019 08:45:00: (ARCHER) Archer Limited: CEO John Lechner resigns

Hamilton, Bermuda (March 22, 2019)

Archer Limited announces that CEO John Lechner has resigned from his position, effective immediately. He will remain as a senior advisor to the Archer leadership team during the transition period until a new CEO is appointed. During the interim period, Archer Chairman Kjell-Erik Østdahl will assume the role of Executive Chairman. Archer’s strategy remains intact and the process of finding a new CEO has begun.
…

Vis børsmeldingen

Kjell-Erik Østdahl comments: “On behalf of the Board of Directors, I would like to thank John for his leadership through a challenging period for the global oilfield service industry. I appreciate John’s contribution to Archer and wish him all the best in the future.”

For additional information, please contact:

Kjell-Erik Østdahl - Chairman of Archer Limited

Tel: (+47) 928 72 213

Email: koestdahl@orkankonsult.no

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190322.Cision.20190321:BIT:6657:0

studenten86 · mars 29, 2019, 10:48am

Sliter med å forstå prisingen her om dagen opp mot resultater. Er den attraktiv eller best å holde fingrene unna?

Forsøker å besvare megselv, her et teknisk innblikk:

Foreløpig bunn er 4.10 27.des-2018. Ser ut som om vi har vært i en akkumuleringsfase siden? Som hadde sin foreløpige høydepunkt dagen før kvartalsfremlegging 26. feb på 6.13 i sluttkurs. Så vidt jeg kan forstå er det brukbare resultater som kom, kanskje mer var ventet? Tenker det var en naturlig trade-plass for de som så etter trade etter det voldsomme børsfallet i desember. For en uke siden gikk CEO av, og kursen har tapt seg 10%. Det har vært ulming å spore til ledelsen, uten at jeg har innsyn i det, kan ikke selskapet. Forøvrig er det et selskap som er høyrisiko i forhold til makro dersom ting skulle gå dårlig pga lånet sitt. Et lån de har halvert fra 2016 til 2019.
pris/bok ratio på 0,5 har jeg hørt, vet ikke om det stemmer. Yahoo finanse sier most recent quarter P/B ratio var på over 4.

Føler fremdeles ikke jeg er klok på Archer. ^^ Bladd igjennom kvartalspresentasjoner også, uten at jeg ble så vis av den grunn.

NoBrain · desember 21, 2019, 3:21pm

Nyhetsartikler april 2019

https://www.hegnar.no/Nyheter/Boers-finans/2019/04/Kutter-kursmaalet-ser-oppside-paa-over-90-prosent

https://finansavisen.no/nyheter/boers-finans/2019/04/analytiker-foelg-med-risikoen-er-hoey

https://finansavisen.no/nyheter/boers-finans/2019/04/ny-kontrakt-til-archer

TekBot · april 8, 2019, 7:09am

08/04-2019 09:07:53: (ARCHER) Financial calendar

TekBot · april 12, 2019, 2:16pm

12/04-2019 16:15:35: (ARCHER) Archer Limited: Annual report 2018

TekBot · april 23, 2019, 12:01pm

23/04-2019 14:00:30: (ARCHER) Archer Limited: Chevron awards Archer new Platform Drilling and Maintenance Services contract for the Alba Northern and Captain platforms in the UK

Hamilton, Bermuda (23 April, 2019)

Archer Limited (“Archer” or the “Company”) announces that Archer (UK) Limited is awarded a new five-year firm contract with two times one year options for the provision of platform drilling services for Chevron North Sea Limited. As part of the contract, Archer will continue to provide onshore rig operations, maintenance and QHSE management, as well as offshore operations and maintenance supervision on the Alba Northern and Captain platforms in the UK sector of the North Sea. The new contract is scheduled to commence 1 May 2019 and ensures continuity of platform drilling operations and maintenance management services on the Alba Northern and Captain platforms until at least 2024.
…

Vis børsmeldingen

Kenny Dey, Vice President Platform Drilling and Managing Director Archer (UK) Limited commented:

“We have provided platform drilling operations and maintenance management services for Chevron in the UK since 2004. Our strong partnership with Chevron, coupled with hard work and commitment from all our personnel has resulted in this contract award which will extend our collaboration for a minimum of another five years. We look forward to continuing our working relationship with Chevron through the duration of the new contract and in delivering safe and efficient drilling and maintenance services to our valued client to ensure they are successful in all activities and planned drilling programmes.”

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190423.Cision.20190423:BIT:2344:0

NoBrain · november 12, 2019, 7:37pm

Nyhetsartikler mai 2019

https://seekingalpha.com/article/4261905-archer-limited-2019-q1-results-earnings-call-slides

https://seekingalpha.com/article/4263652-archer-limited-arhvf-q1-2019-results-earnings-call-transcript?part=single

TekBot · juni 6, 2019, 2:56pm

06/06-2019 16:55:08: (ARCHER) ARCHER: SHAREHOLDING DISCLOSURE

NoBrain · desember 21, 2019, 3:23pm

Nyhetsartikler juni 2019

Buffet · juni 6, 2019, 6:26pm

Kjøps-signal dette! Billig på pris/bok også.