RigNet Announces Third Quarter 2015 Earnings Release Date and Conference Call Information
HOUSTON, Oct. 23, 2015 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ:RNET) today announced that it will release its third quarter 2015 earnings results after the NASDAQ Exchange closes Monday, November 9, 2015. This release will be followed by a conference call for investors on Tuesday, November 10, 2015, at 3:00 p.m. Eastern Standard Time (2:00 p.m. CST) to discuss RigNet’s third quarter results. Hosting the call will be Mark Slaughter, Chief Executive Officer and President, and Marty Jimmerson, Chief Financial Officer.
The call may be accessed live over the telephone by dialing +1 (877) 845-0777, or for international callers, +1 (760) 298-5090. Interested parties may also listen to a simultaneous webcast of the conference call by logging onto RigNet’s website at www.rig.net in the Investors – Webcasts and Presentation section. A replay of the conference call will also be available for approximately 30 days following the call.
RigNet (NASDAQ:RNET) is a leading global provider of digital technology solutions to the oil and gas industry, focusing on serving offshore and onshore drilling rigs, energy production facilities and energy maritime vessels. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to more than 1,100 remote sites in over 50 countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas. For more information, please visit www.rig.net. RigNet is a registered trademark of RigNet, Inc.
Hedging programs that E&Ps have in place in 2016 vary considerably. The chart below shows the range of oil and gas production for several E&Ps covered by hedging contracts. Pioneer Natural Resources (ticker: PXD) and Cimarex Energy (ticker: XEC) have hedged the largest portions of their remaining production at 85/75 and 80/90 percent, respectively, for oil and gas. This chart[Read More…]
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