ESV News and Press, Ensco plc Class A From 11/06/18

Ensco PLC - Semi-submersible Ensco 5005 Investment thesis Ensco PLC ( ESV ) is one of my long-term offshore driller stocks, together with Transocean ( RIG ). Ensco PLC is a well-diversified offshore driller with a sizeable jack-up fleet representing over 50% of the actual backlog of the ...

Source: Glassdoor Picture: Ensco DS-9 Introduction Ensco PLC ( ESV ) has been, and still is, one of our long-term investments in the offshore drilling segment. The company is well diversified and presents a solid fleet with about 58 rigs comprised of some of the highest-specification and...

On Wednesday, October 31, 2018, offshore drilling contractor Noble Corp. ( NE ) announced its third quarter 2018 earnings results . The headline numbers here were certainly impressive as the firm beat analysts' expectations on both the top- and bottom-lines. Indeed, there were certainly some ...

The earnings season for offshore drillers is in full swing, and this time we will look at the numbers reported by Noble Corp. ( NE ). Noble's shares doubled from early April to early October, but the recent sell-off in the oil market and the corresponding sell-off in offshore drilling stocks...

The earnings season for offshore drillers continues. We have already discussed the results of Ensco ( ESV ) here and Transocean ( RIG ) here . Now, it's time for fresh news from Rowan ( RDC ). Rowan reported revenues of $193 million and GAAP loss of $144 million, or a loss of $1.13 per ...

On Wednesday, October 31, 2018, British offshore drilling contractor Rowan Companies ( RDC ) announced its third quarter 2018 earnings results . The headline numbers here were quite good as the company beat the expectations of analysts on both the top- and bottom-lines. A closer look at the c...

On Monday, October 29, 2018, offshore drilling giant Ensco plc ( ESV ) announced its third quarter 2018 earnings results . The initial headline numbers here were certainly impressive as the company beat the expectations of analysts on both the top- and bottom-lines. There were indeed some ver...

Back in August, I discussed the story of Fred. Olsen Energy ( FOEAY ) and its implications for the offshore drilling market in " Another Driller Bites The Dust - Industry Implications ". The company has recently reported its third-quarter results, and it's high time to look at the developmen...

We have already discussed recent Ensco ( ESV ) fleet status report , and now, it's time for the company's earnings report and conference call . Without further ado, let's look at the latest developments. The company reported revenues of $431 million and GAAP loss of $145 million, or a lo...

Rowan Reliance Rowan ( RDC ) has already published a fleet status report this earnings season, but the company has more news to share with investors. Rowan has recently issued a press release in which it shared the latest news on the contract front. Drillship Rowan Reliance got a o...