Last $0.55 USD
Change Today +0.10 / 22.22%
Volume 9.1M
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As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

hercules offshore inc (HERO) Snapshot

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06/16/14 - $5.05
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03/2/15 - $0.41
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hercules offshore inc (HERO) Details

Hercules Offshore, Inc., together with its subsidiaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments. Its services comprise oil and gas exploration and development drilling, well services, platform inspection, maintenance, and decommissioning services in various shallow-water provinces. As of February 19, 2014, the company owned a fleet of 38 jackup rigs; and 19 liftboat vessels, as well as operated 5 liftboat vessels owned by third party. It serves national oil and gas companies, integrated energy companies, and independent oil and natural gas operators. The company was formerly known as Hercules Offshore, LLC and changed its name to Hercules Offshore, Inc. in 2005. Hercules Offshore, Inc. was founded in 2004 and is headquartered in Houston, Texas.

hercules offshore inc (HERO) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $630.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $300.0K
Senior Vice President of Worldwide Drilling O...
Total Annual Compensation: $325.0K
Executive Vice President
Total Annual Compensation: $375.0K
Compensation as of Fiscal Year 2013.

hercules offshore inc (HERO) Key Developments

Hercules Offshore Terminates Drilling Contract with Saudi Aramco

Hercules Offshore announced that one of its drilling contracts with the main oil company in Saudi Arabia was terminated. Saudi Aramco cancelled a contract to lease the Hercules 261 rig, effective March 27. The company said it's been in talks with the Saudi oil company to reduce the day rates for two other rigs, Hercules 262 and Hercules 266. There was no update on the status of rig contracts with Hercules from Saudi Aramco.

Hercules Offshore Announces Saudi Aramco Terminates Drilling Contract

Hercules Offshore (HERO) announced Saudi Aramco terminated its drilling contract for the Hercules 261, effective March 27, 2015.

Hercules Offshore, Inc. Announces the Resignation of James W. Noe as Executive Vice President, Effective from March 2, 2015

On February 23, 2015, Hercules Offshore, Inc. announced that James W. Noe resigned his position as Executive Vice President of the company, effective from March 2, 2015.


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HERO Competitors

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Company Last Change
Cal Dive International Inc $0.06 USD +0.0065
Energy XXI Ltd $4.83 USD +0.08
Gulfmark Offshore Inc $16.43 USD -0.01
Hornbeck Offshore Services Inc $20.64 USD -0.22
Key Energy Services Inc $1.99 USD -0.06
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