ESV News and Press, Ensco plc Class A From 04/30/19

Ensco Rowan ( ESV ) has recently presented its fleet status report , the first one that presents fleet status changes for the combined company. Without further ado, let’s look at what’s new. Floaters Drillship Ensco DS-9 received a four-well contract with Total ( TOT ) o...

Ensco (NYSE: ESV ) is scheduled to announce Q1 earnings results on Wednesday, May 1st, after market close. More news on: Ensco Rowan plc, Earnings news and commentary, , Energy stocks news, Read more ...

Earlier this month, I have written about the very interesting process of selling four Sete Brazil rigs which are on contracts with Petrobras ( PBR ). New information is out , and it contains some very interesting numbers. First, a quick reminder: Sete Brazil was a mega project to construc...

Development Driller III Transocean ( RIG ) is no longer the biggest driller following Ensco-Rowan merger that led to the creation of EnscoRowan ( ESV ), but its floater fleet is very substantial and can surely serve as a gauge for general floater market health. Transocean’s fleet...

Ensco Rowan plc (NYSE: ESV) will hold its first quarter 2019 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT and 3:00 p.m. London) on Thursday, 2 May 2019. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast...

Dolphin Drilling ( OTCPK:FOEAY ), which was previously named Fred Olsen Energy, has just published an update on the restructuring process which contains interesting news both for shareholders and the industry in general. As I have previously written, Dolphin started preparations for restr...

Happy tax day and welcome to the latest edition of Merger Arbitrage Mondays. Merger activity increased last week with four new deals announced and two pending deals closing. We made a mistake last week when we indicated that the acquisition of Versum Materials (VSM) by Entegris (ENTG) closed...

Ensco PLC - Semi-submersible Ensco 5005 Investment Thesis 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 ...

Energy names are jumping across the board following Chevron's $33B cash and stock takeover offer for Anadarko Petroleum, seeking to strengthen its position in the shale business where APC is strong. More news on: Laredo Petroleum, Inc., Murphy Oil Corporation, Pioneer Natural Resources C...

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...