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The London-based Ensco PLC (ESV) is one of my long-term investments in the offshore drilling industry with the mighty Transocean (RIG). These two solid offshore drillers are the most representative of this struggling industry which is in the process of a significant turnaround.
Note: Ensco plc has changed its name to Ensco Rowan plc (EnscoRowan) at closing on 04/11/2019, whereas the combined entity will continue trading under the ticker symbol ESV on the New York Stock Exchange.