ESV News and Press, Ensco plc Class A From 04/11/19

A new company is born: Ensco ( ESV ) and Rowan ( RDC ) have completed the previously announced merger and have formed a new company, EnscoRowan, which will trade under the ticker ESV. Rowan shareholders have received 2.750 Ensco shares for each Rowan share they owned. The shares of the combi...

Ensco Rowan (NYSE: ESV ) announce the completion of the merger of Ensco and Rowan Companies, which follows approval by each company's shareholders and sanction by the U.K. Court. More news on: Ensco plc, Rowan Companies plc, Read more ...

Liquidity and Financial Flexibility Enhanced by Increased Revolving Credit Facility Capacity Ensco Rowan plc (NYSE: ESV) (“EnscoRowan” or the “Company”), today announced the completion of the previously disclosed merger of Ensco plc (“Ensco”) ...

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 ser...

Brent oil ( BNO ) quickly spurted to $71 per barrel as tensions in Libya intensified and the U.S. labeled Iran’s Revolutionary Guards as a terrorist group. The whole setup was favorable for everything oil-related to rally, but offshore drilling stocks had a disappointing day. At the...

There was an interesting discussion in the comments section of my recent articles on offshore drilling: Sete Brazil is trying to sell four rigs, and everyone is trying to guess who will be the winning bidder and how the transaction will influence the situation in Brazil - the ultra-important m...

NEW YORK , April 4, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, April 11 : S&P SmallCap 600 constituent Semtech Corp. (NASD: SMTC) will re...

Maersk Drilling, which is set to start trading on Nasdaq Copenhagen after demerger from A.P. Moller-Maersk ( AMKAF ), surprised the market with a new contract announcement - the company’s semi-sub Maersk Deliverer got a three-year contract from Inpex in Australia with an estimated c...

Merger activity increased last week with four new deals announced and five pending deals closing. Deal Statistics New Deals The acquisition of TIER REIT (TIER) by Cousins Properties Incorporated (CUZ) for $2.38 billion in an all stock deal. Under the terms of the agreement, Cous...

The first quarter was full of developments for the offshore drilling industry. Oil prices (both WTI ( USO ) and Brent ( BNO )) staged a major rebound after the awful performance in the fourth quarter of 2018. Ensco ( ESV ) finalized the merger with Rowan ( RDC ). Noble Corp. ( NE ) bought ...