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July 23 (Reuters) - Rig provider Hercules Offshore Inc said on Thursday that it expects to file for Chapter 11 protection next month and emerge with a restructured balance sheet in the fourth quarter. The company said last month that it had entered into a restructuring agreement with a majority of its debtors and would file for Chapter 11 protection by July 8. Hercules shares were down 5.8 percent at 15.35 cents on Thursday afternoon. (Reporting by Sneha Banerjee and Narottam Medhora in Bengaluru; Editing by Savio D'Souza)
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Hercules Offshore, Inc.
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CODE : HERO |
ISIN : US4270931094 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hercules Offshore is based in United states of america. Hercules Offshore is listed in Germany and in United States of America. Its market capitalisation is US$ 82.0 billions as of today (€ 76.7 billions). Its stock quote reached its lowest recent point on October 12, 2015 at US$ 0.05, and its highest recent level on April 26, 2024 at US$ 19.61. Hercules Offshore has 4 183 629 824 shares outstanding. |