5 Shipping Stock in Focus; HERO, DRYS, RIG, HAWK, OCNF

Hercules Offshore Inc. ( NASDAQ: HERO ) is a Houston, Texas-based provider of shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. Hercules Offshore reported its third-quarter financial results back in October, posting a loss from continuing operations of $15.1 million, or $0.13 per diluted share on revenue of $168.5 million. For the same period in 2009, the company posted a loss from continuing operations of $37.2 million, or $0.38 per diluted share on revenue of $159.3 million. The small cap stock of Hercules Offshore has a 52-week range of $2.05-$5.85. Year-to-date, the stock is down 24.27%. DryShips Inc. ( NASDAQ: DRYS ) is an Athens, Greece-based holding company, engaged in the ocean transportation services of drybulk cargoes globally. Last week, DryShips announced that it entered into agreements with a Korean shipyard to acquire 12 newbuilding tankers at price of about $770 million. The DryShips stock has a 52-week range of $3.28-$6.95. Year-to-date, the stock is down 4.47%. Transocean Ltd. ( NYSE: RIG ) is a Switzerland-based international provider of offshore contract drilling services for oil and gas wells. Transocean reported its third-quarter financial results back in November, posting net income of $368 million, or $1.15 per diluted share on revenue of $2.309 billion. For the same period in 2009, the company reported a net income of $710 million, or $2.19 per diluted share on revenue of $2.823 billion. The Transocean stock has a 52-week range of $41.88-$94.88. Year-to-date, the stock is down 17.34%. Seahawk Drilling Inc. ( NASDAQ: HAWK ) is a Houston, Texas-based operator of jackup rig business. The company provides contract drilling services to the oil and natural gas exploration and production industry in the Gulf of Mexico. Seahawk reported its third-quarter financial results back in November, posting a loss of $32.1 million, or $2.69 per diluted share. For the same period in 2009, the company reported a loss of $32.4 million, or $2.80 per diluted share. The small cap stock of Seahawk Drilling has a 52-week range of $6.79-$24.70. Year-to-date, the stock is down 61.14%. OceanFreight Inc. ( NASDAQ: OCNF ) is an Athens, Greece-based Company, providing shipping transportation services. The penny stock of OceanFreight has a 52-week range of $0.73-$3.30. Year-to-date, the stock is down 66.48%. This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell HERO, DRYS, RIG, HAWK and OCNF at any time after this post.
Negocioenlinea
tdp2664Penny Stock Live