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Hornbeck Offshore Announces First Quarter 2015 Results

04 / 29 / 15

COVINGTON, La., April 29, 2015 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE:HOS) announced today results for the first quarter ended March 31, 2015.  Following are highlights for this period and the Company's future outlook: 1Q2015 sale of three OSVs to U.S. Navy resulted in pre-tax gain on sale of assets of $33.1 million ($0.57 per diluted share) Excluding gain on sale of assets, 1Q2015 diluted EPS was $0.42, an increase of $0.11, or 35%, from the year-ago quarter ...

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Hornbeck Offshore Completes Sale of Three Vessels to U.S. Navy

03 / 02 / 15

March 2, 2015 — Covington, Louisiana — Hornbeck Offshore Services, Inc. (NYSE: HOS) (“Hornbeck” or “the “Company”) announced today that it has closed the previously announced sale of three 250EDF class OSVs, the HOS Arrowhead, the HOS Eagleview and the HOS Westwind, that were previously chartered to the U.S. Navy. Since their construction in 2008 and 2009, these vessels have supported the U.S. Navy’s submarine fleet on the east and west coast of the U.S.  In order for ...

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Hornbeck Offshore Announces Fourth Quarter 2014 Results

02 / 11 / 15

February 11, 2015 -- Covington, Louisiana -- Hornbeck Offshore Services, Inc. (NYSE:HOS) announced today results for the fourth quarter ended December 31, 2014.  Following are highlights for this period and the Company’s future outlook:•   4Q2014 diluted EPS from continuing operations of $0.52 decreased $0.09, or 15%, from the year-ago quarter•   4Q2014 EBITDA from continuing operations of $67.4 million increased $0.5 million, or 1%, over the year-ago ...

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Hornbeck Offshore Amends and Extends Existing $300 Million Revolving Credit Facility

02 / 11 / 15

February 11, 2015 -- Covington, Louisiana -- Hornbeck Offshore Services, Inc. (NYSE:HOS) (“the Company”) announced today that on February 6, 2015, the Company amended and restated its existing $300 million revolving credit facility to extend the maturity date and modify certain covenants to provide greater financial flexibility to the Company.  All eight of the Company’s existing lenders renewed their prior commitments under the facility, with the majority expressing an interest ...

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Hornbeck Offshore Board Authorizes $150 Million Share Repurchase Program

10 / 29 / 14

COVINGTON, La., Oct. 29, 2014 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) ("the "Company") announced today that its Board of Directors has authorized the Company to repurchase up to $150 million in shares of its common stock from time to time.  The repurchase program will be funded from the Company's cash on-hand, cash flow from operations and/or cash proceeds from the divestiture of non-core assets.  The Company is authorized to use different methods ...

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