ESV - How Could the Rowan and Ensco plc Combination Impact Shareholders?
NEW YORK, NY / ACCESSWIRE / April 10, 2019 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Ensco plc (NYSE: ESV), a company that provides offshore contract drilling services to the oil and gas industry worldwide. It operates through three segments: Floaters, Jackups, and Other.
Ensco and Rowan have agreed to combine their companies in a transaction that could be completed in H1 2019. Ensco shares have held a relatively steady price in 2019 as investors digest the synergies of the transaction and contemplate the future of the offshore oil drilling industry.
What would the combined company look like specifically and what are the terms READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/ensco-plc-2/
Ensco operates through three segments: Floaters, Jackups, and Other. The company owns and operates an offshore drilling rig fleet of 65 rigs, including 32 located in the Middle East, Africa, and the Asia Pacific, which comprise 3 rigs under construction; 14 located in North and South America, such as Brazil; and 19 located in Europe and the Mediterranean. It also offers management services on rigs owned by third-parties.
What do the analysts think about ESV and what do the company's finances look like READ MORE
Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/ensco-plc-2/
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SOURCE: Traders News Source