ESV News and Press, Ensco plc Class A From 12/03/18

Back in November, I wrote that Rowan (RDC) decided to transfer a contract with Fieldwood Energy from Rowan Reliance to Rowan Resolute to save money on reactivation and focus on finding work for just one drillship, Rowan Relentless, which was on contract with Exxon Mobil (XOM) until December ...

NEW YORK, Nov. 29, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Broadridge Financial Solutions, Inc. (NYSE:BR), MercadoLibre, Inc. (NA...

Note: I have covered Seadrill (NYSE: SDRL ) previously, so investors should view this as an update to my earlier articles on the company. After emerging from bankruptcy in early July, leading offshore driller Seadrill reported its first full quarter of operations as a restructu...

West Capella As I outlined in my recent articles on Seadrill Partners ( SDLP ) ( here and here ), the company needs to position itself for 2020 to make sure that negotiations with lenders go well and it can continue as a viable operation. In this light, any contract news is very import...

Merger activity decreased last week with one new deal announced and one pending deal closing. Deal Statistics: New Deals: The acquisition of Resolute Energy Corporation (REN) by Cimarex (XEC) for $1.6 billion in a cash plus stock deal. Under the terms of the definitive merger agr...

Rowan Companies ( RDC +4% ) rises after Canyon Capital discloses a 6% active stake and says RDC's proposed merger with Ensco ( ESV +3.1% ) "does not attribute adequate value." More news on: Rowan Companies plc, Ensco PLC, Energy stocks news, Stocks on the move, Read more ...

We have already discussed Diamond Offshore's ( DO ) recent fleet status report which contained major contract news, and now it's high time to turn out attention to the company's financial results and comments provided during the quarterly call with analysts. Diamond Offshore reported rev...

Ensco plc (NYSE: ESV) announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.01 per Class A ordinary share payable on 14 December 2018 to holders of Ensco’s shares as of the 3 December 2018 record date. Ensco uses its website to disclose...

Rowan: Drillship Resolute. Business Thesis Rowan Companies ( RDC ) is one of the best offshore drillers that presents a rock-solid balance sheet and a well-diversified fleet as the recent October fleet status is demonstrating. I recommend reading my preceding article about the last compan...

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 ...