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Laredo Petroleum Publishes Inaugural ESG and Climate Risk Report
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Laredo Petroleum Announces Fourth-Quarter and Full-Year 2020 Financial and Operating Results
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MoneyGram International Reports Fourth Quarter and Full-Year 2020 Financial Results
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HOUSTON, Feb. 4, 2021 /PRNewswire/
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months and year ended December 31, 2020. The Company reported a net loss of $107 million, or $0.57 per share, for the fourth quarter of 2020, compared to a net loss of $85.9 million, or $0.44 per share, for the fourth quarter of 2019. Revenues for the fourth quarter of 2020 were $221 million, compared to $492 million for the fourth quarter of 2019.
For the year ended December 31, 2020, the Company reported a net loss of $804 million, or $4.27 per share, compared to a net loss of $426 million, or $2.10 per share, for the year ended December 31, 2019. Revenues for the year ended December 31, 2020 were $1.1 billion, compared to $2.5 billion for 2019.
MoneyGram Statement on the SEC Action Against Ripple
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DALLAS, Dec. 23, 2020 /PRNewswire/ MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, has issued a statement in light of the recent lawsuit filed by the U.S. Securities and Exchange Commission against Ripple Labs Inc.:
The Company has not currently been notified or been made aware of any negative impact to its commercial agreement with Ripple but will continue to monitor for any potential impact as developments in the lawsuit evolve. MoneyGram has had a commercial agreement with Ripple since June 2019; this agreement represents the use of Ripple s foreign exchange (FX) blockchain trading platform (ODL) for the purchase or sale of four currencies. MoneyGram has continued to utilize its other traditional FX trading counterparties throughout the term of the agreement with Ripple, and is not dependent on the Ripple