#saexploration

SAExploration to report Q4 results

SAExploration Holdings (NASDAQ: SAEX) is scheduled to report its fourth-quarter results today after the bell. The company’s stock had a free fall post the Geokinetics deal close announced last year. In September, it also announced a 20-to-1 reverse split resulting in the stock decreasing more than 18%. However, this year the stock has recovered from its 52-week low levels recorded in January.

The…

Earnings Preview: Improved exploration spending would lift SAExploration’s Q4 results

Shares of the oilfield services firm SAExploration Holdings jumped above 45% on March 8 when the company announced that it has received $60 million worth of projects in Alaska and Southeast Asia. Last year, the company’s stock had a free fall post the Geokinetics deal close. In September, it also announced a 20-to-1 reverse split causing the stock to plunge more than 18%.

SAExploration (NASDAQ:…

SAExploration Holdings soars 50% on new projects

Shares of SAExploration Holdings (SAEX) soared over 50% during pre-market trading on Friday, after the Alaskan seismic exploration firm announced $60 million of new projects in Southeast Asia and Alaska.

The onshore data acquisition project in Alaska will be a multi-year one due to climatic limitations and is expected to be completed only by 2020. The second project will be performed in the…