October 2012
Neptune Marine Services (NMS)
Oil and gas services and equipment provider Neptune Marine Services saw its shares surge by 30 per cent on Tuesday after its major Singapore-based shareholder made a takeover offer.
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- Perry Williams
August 2011
Neptune Marine Service (NMS)
The offshore oil and gas support operator took $123 million in one-off writedowns earlier in the year.
December 2010
Neptune Marine courts private equity
It’s understood Neptune Marine Services is being shopped to private equity firms by an investment bank.
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- Sarah Thompson and Khia Mercer
November 2010
Boss leaves as Neptune tries to shore up cash
Neptune Marine Services chief executive Christian Lange has resigned as the oil and gas services company tries to execute a deeply discounted $80 million capital raising.
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- Luke Forrestal
Neptune might now cross line
Neptune Marine Services’ hopes of pulling off a restorative $80 million capital raising have been bolstered by the departure of managing director Christian Lange.
- nabila ahmed | sarah thompson
- Opinion
- Opinion
Neptune launches $80 million raising
Perth broking houses Euroz Securities and Patersons Securities are joint lead managers for the deal.
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- Nabila Ahmed and Sarah Thompson
September 2010
As well as power, NSW is getting rid of the garbage
Government sale processes are all the rage at the moment and in NSW - for once - things seem to be running roughly on track.
- nabila ahmed and sarah thompson
Energy services in the limelight
Neptune Marine, Mermaid Marine, Matrix Composites & Engineering and Fleetwood Corporation are among those sharing the limelight in the oil and gas services sector at the moment.
- Trevor Hoey
PE firms trawl depths for value
The latest company to be stalked is tiddler Neptune Marine, capitalised at about $106 million and trading on a forward price-to-earnings ratio of 9.23 times, dropping to just over seven times in the following year.
- nabila ahmed and sarah thompson
June 2010
Mining plays poised for a comeback
If analysts that cover uranium play Bannerman Resources are right that its stock could fetch 92¢ in the next 12 months, then the miner has some work in front of it.
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- David Ciampa
Hartleys upgrades Neptune Marine
Analysts at Hartleys have upgraded Neptune Marine’s recommendation from “neutral’ to “speculative buy”.
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- Trevor hoey
- Opinion
- Opinion
Neptune result in line with guidance
A strengthened management team at Neptune Marine puts the company in a good position to benefit from improving conditions.
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- Trevor Hoey
May 2010
- Opinion
- Opinion
Resources tax - the effect on mining services
The proposed resources super profit tax will have a dramatic impact on the mining industry - here I look at the effect on several smaller mining services companies.
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- Trevor Hoey
April 2010
Neptune Marine Services (NMS)
Oil and gas services company Neptune Marine Services stretched its losing streak to 10 sessions as the share price slipped 1¢ to 37¢ on Wednesday.
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- Anthony Macdonald
Brief: Neptune Marine Services
Neptune Marine Services has been contracted by Boskalis Australia to provide a range of diving support services on the Gorgon Project in WA.
February 2010
Brief: Neptune Marine Services
The oil and gas services firm said its second half performance would rebound strongly as vessel utilisation rates improved and domestic drilling and liquefied natural gas markets picked up. It anticipates a return to growth in financial year 2011.
- Luke Forrestal
January 2010
Neptune gives investors a sinking feeling
Marine services firm to the oil and gas industry, Neptune Marine Services (NMS), sank to a 1½ year low on Thursday after it warned investors it was unlikely to record any profit for the six months to end December.
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- Brendon Lau
December 2009
Still stuck with that sinking feeling
A new contract win with oil giant Shell in the UK for the provision of sub-sea engineering consultancy services has failed to inject any festive cheer into Neptune’s share price.
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- Brendon Lau