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Last A$0.20 AUD
Change Today -0.01 / -4.88%
Volume 546.5K
BLY On Other Exchanges
Symbol
Exchange
OTC US
OTC US
Frankfurt
As of 1:10 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

boart longyear ltd (BLY) Snapshot

Open
A$0.20
Previous Close
A$0.21
Day High
A$0.21
Day Low
A$0.19
52 Week High
04/10/14 - A$0.32
52 Week Low
07/16/14 - A$0.09
Market Cap
181.5M
Average Volume 10 Days
1.6M
EPS TTM
A$-0.71
Shares Outstanding
930.9M
EX-Date
03/11/14
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BOART LONGYEAR LTD (BLY)

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boart longyear ltd (BLY) Details

Boart Longyear Limited provides drilling services, drilling equipment, and performance tooling for mining and mineral drilling companies in the United States and internationally. It operates through two segments, Global Drilling Services and Global Products. The company offers surface coring, underground coring, multi-purpose, reverse circulation, conventional air/mud rotary, flooded reverse, directional, sonic, and percussive production drilling services for a range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. It also provides various drilling equipment, including surface and underground coring rigs, and multipurpose rigs for diamond core and reverse circulation drilling; and sonic rigs, pneumatic and hydraulic rock drills, and geo-technical equipment for use in mining, minerals, environment, and infrastructure applications. In addition, the company offers performance tooling for diamond coring, reverse circulation, production, sonic, and geo-construction drilling applications; and preventive maintenance services, spare equipment sales, commissioning and upgrading, training, and rental services for drill rigs. As of December 31, 2014, it had a fleet of 942 drilling rigs. Boart Longyear Limited is headquartered in South Jordan, Utah.

5,565 Employees
Last Reported Date: 02/22/15

boart longyear ltd (BLY) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $1.7M
Chief Financial Officer
Total Annual Compensation: $646.7K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $693.8K
Senior Vice President of Global Drilling Serv...
Total Annual Compensation: $645.1K
Senior Vice President of Global Products
Total Annual Compensation: $556.7K
Compensation as of Fiscal Year 2014.

boart longyear ltd (BLY) Key Developments

Boart Longyear Limited Announces Board Changes, Effective February 25, 2015

Boart Longyear Limited announced changes to its Board of Directors. Barbara Jeremiah and Roy Franklin will be retiring from the Board, and Marcus Randolph and Bret Clayton will be joining the Board following the recent completion of the recapitalisation transactions. Mr. Randolph also will assume the responsibilities of Board Chair from Ms. Jeremiah at the time of his appointment. All of the changes will take effect on 25 February 2015. Mr. Randolph will join the company as its new Chair of the Board after serving more than 35 years in the mining industry in a variety of global, senior executive roles. Most recently, he was Chief Executive of BHP Billiton's Ferrous and Coal business from July 2007 to September 2013, located in Melbourne, and was a member of BHP's Group Management Committee. Mr. Clayton comes to the Board after a career at Rio Tinto, where he worked for 20 years and served on the Executive Committee for seven years.

Boart Longyear Limited Reports Consolidated Earnings Results for the Fourth Quarter, Second Half and Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Boart Longyear Limited reported consolidated earnings results for the fourth quarter, second half and year ended December 31, 2014. For the year, the company reported revenue of $867 million compared to $1,223 million in 2013, statutory LBITDA of $83 million compared to $337 million in 2013, adjusted EBITDA of $31 million compared to $107 million in 2013, statutory net loss after taxes of $333 million compared to $620 million in 2013, adjusted NLAT of $142 million compared to $94 million in 2013, statutory losses per share of $0.71 compared to $1.36 in 2013. LBIT/operating loss was $468 million against $185 million a year ago. Net debt as on December 31, 2014 was $548 million against $526 million a year ago. Cash from operations was $55 million against $76 million a year ago. Purchase of property, plant and equipment was $13.827 million against $35.528 million a year ago. For the quarter, the company reported revenue of $205.8 million compared to $224.5 million a year ago, LBITDA of $61.9 million compared to $100.8 million a year ago, adjusted LBITDA of $3.2 million compared to adjusted EBITDA of $8.0 million a year ago, Net cash flows used by operating activities was $6.8 million against net cash provided by operating activities of $5.1 million. For the second half of 2014, the company reported revenue of $446 million compared to $421 million in the first half of 2014, statutory LBITDA of $50 million compared to $33 million in the first half of 2014, adjusted EBITDA of $12 million compared to $19 million in the first half of 2014, statutory net loss after taxes of $190 million compared to $143 million in the first half of 2014, adjusted NLAT of $74 million compared to $68 million in the first half of 2014, statutory losses per share of 39.5 cents compared to 31.3 cents in the first half of 2014. LBIT/operating loss was $99 million against $86 million in the first half of 2014. Cash from operations was $39 million against $16 million in the first half of 2014. The company provided earnings guidance for the year 2015. The company expects that revenue and EBITDA will be negatively impacted by the read-through of price reductions incurred in 2014, especially in its Drilling Services division, and weakening currencies against the US dollar, the company's reporting currency. Profitability will also be influenced positively by other factors, such as productivity and management's ability to further control costs. Capex would be similar to 2014 target of $25 million, but subject to changing market conditions. Revenue expected to be $823 million to $888 million. EBITDA expected to be $50 million to $69 million and net debt expected to be $529 million to $569 million.

Boart Longyear Limited to Report Fiscal Year 2014 Results on Feb 23, 2015

Boart Longyear Limited announced that they will report fiscal year 2014 results on Feb 23, 2015

 

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