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Latest Hornbeck Offshore Services News

Nichols Brothers Boat Builders files for bankruptcy

Seattle Post Intelligencer - It said its largest creditor is Hornbeck Offshore Services LLC, which holds a $20 million claim. It sued Nichols Brothers last year over a contract dispute. Closely held Nichols Brothers, based in Freeland, had revenue of $6.86 million in 2007 ...

Nichols Brothers Boat Builders seek bankruptcy shield

Seattle Times - A Louisiana company, Hornbeck Offshore Services, is suing Nichols over a $20 million contract. Nichols Brothers said it has more than $1 million in assets and more than 200 creditors. It did not give a total for its debts. The company said it has ...

Whidbey Island shipbuilder closes, laying off 250 workers

Columbian - Federal court records also show a multi-million dollar lawsuit from a Florida firm, Hornbeck Offshore Services LLC, alleging that Nichols Brothers failed to meet deadlines in a contract to build one boat for $12 million and another for $13 million. ...

Louisiana stocks endure Wall Street plunge

KATC 3 - On the other side, investors drove up shares of Covington-based Hornbeck Offshore Inc., which provides transportation to the ... were unchanged at $42.45, while shares of Lafayette-based LHC Group Inc., which provides post-acute health care services ...

Big boat builder may reopen soon

Seattle Post Intelligencer - In a second case, brought in June 2006, the yard agreed to build four vessels for Hornbeck Offshore Services Inc., the Covington, La., operator of a fleet of offshore craft used in the energy industry. Despite the personal guarantees of Chief ...

Outlook Roundup: Circor, Hornbeck

CNBC - COVINGTON, La. (AP) _ Hornbeck Offshore Services Inc. expects full-year earnings to more than double due to a profitable acquisition and positive results so far this year, the offshore oil service company said Thursday. ALLEGAN, Mich. (AP) _ Generic ...

Shares of Hornbeck Offshore rise after posting stronger year-over-year ...

Forbes - NEW YORK (Thomson Financial) - Shares of Hornbeck Offshore Services Inc. rose Thursday after the company reported stronger year-over-year third-quarter results. Net income rose to $28.9 million, or $1.09 a share, from $23.9 million, or 86 cents a ...

Hornbeck: 2007 Profit to Rise Sharply

Forbes - Hornbeck Offshore Services Inc. expects full-year earnings to more than double due to a profitable acquisition and positive results so far this year, the offshore oil service company said Thursday. Hornbeck expects earnings before interest, taxes ...

Thursday's Winners & Losers: Scotts Miracle-Gro

Street.Com - On the upside was Hornbeck Offshore ( HOS - Cramer's Take - Stockpickr ), which jumped 12% after its earnings and guidance topped forecasts. The oil-services company posted a third-quarter profit of $28.9 million, or $1.09 a share, on revenue of $94.7 ...

Rally Attempt Fades, But Nasdaq Up Slightly

Investors Business Daily - Hornbeck Offshore Services ( HOS ) rallied for the second straight day, climbing 4.07 to 47.46. Volume was nearly four times heavier than usual. If you look at a price-volume chart, you'll see the stock broke out of a cup-shaped base today and is now ...

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