ESV News and Press, Ensco plc Class A From 12/28/18

On Monday, December 24, 2018, offshore drilling contractor Rowan Companies ( RDC ) announced that it has secured two new offshore drilling contracts. This continues the recent streak that we have been seeing of contract awards across the offshore drilling industry. It also shows us that Rowa...

Ensco (NYSE: ESV ) slides after a Piper note suggests Rowan (NYSE: RDC ) shareholders might be less likely to approve the deal after the recent selloff. More news on: Ensco PLC, Rowan Companies plc, Energy stocks news, Stocks on the move, Read more ...

2018 seems to be ending on the wrong note in the markets. December is setting the wrong kind of records, and Q4 has been a bumpy one in general. This is what happens in the stock market sometimes, but it's been easy to forget over the decade-long bull market. We're using the end of the year ...

What do you expect to be the key driver of stock market performance in 2019? If you focus on a specific asset class, please address that. I expect that earnings will be the ultimate driver for the overall stock market ( SPY ) performance in 2019. There is always a lot of noise around the s...

We continue discussing perspectives of offshore drilling stocks in 2019. Prior articles were devoted to general market outlook , Diamond Offshore ( DO ), Transocean ( RIG ), Noble Corp. ( NE ) and Rowan ( RDC ). This time, we’ll look at Ensco ( ESV ). Company’s curr...

Rowan ( RDC ) shares were hit very hard in the recent sell-off in the offshore drilling industry. The stock, which briefly went above $20.00 following the news of merger with Ensco ( ESV ), dipped to $8.00 in less than three months. In this article, which continues the discussion on offshore...

Hornbeck Offshore ( HOS ) shares have recently taken a major beating due to oil price weakness, general market nervousness, and year-end selling. As a result, the company's shares dived from $6 in October to under $1.50 now. The next year, the company's fate will be determined. Without further...

This article continues the tradition of writing recap and outlook for the next year for the offshore drilling industry (look here for articles on 2017 and 2018 ). Just like the previous time, I'll start with reviewing my expectations for 2018 and how they played out and then proceed to my v...

U.S. crude oil prices settle at their lowest since early October 2017 , as global growth fears overshadow efforts to curb production by major producers OPEC and Russia; January WTI -2.6% to $49.88/bbl, Brent -1.3% at $59.48/bbl. More news on: Exxon Mobil Corporation, Chevron Corpora...

Ensco plc (NYSE: ESV) today announced its Continuous Tripping Technology™ , a new proprietary solution that provides more efficient and safer pipe tripping and helps to lower customers’ offshore project costs. The patented Continuous Tripping Technology , in concert with othe...