customers as it expands to offering deep-water options. Ensco International 's strategy is a breath of fresh air in a contract drilling ..... difficulties obtaining good returns in the long term. Ensco International is a global contract oil and natural gas driller with
cover. These adjustments will affect Transocean, Noble NE, Pride International PDE, Diamond Offshore DO, Ensco International ESV, Rowan Companies RDC, and Atwood Oceanics ATW. On balance, we expect modestly lower fair value estimates
lowering our fair value uncertainty ratings for the following companies: CGG Veritas CGV, Pride International PDE, Ensco International ESV, Patterson-UTI Energy PTEN, and Rowan Companies RDC. Please review our latest Analyst Reports for our
continued capital markets turmoil: Exterran Partners EXLP, Complete Production Services CPX, Hornbeck Offshore Services HOS, FMC Technologies FTI, Ensco International ESV, Basic Energy Services BAS, Tenaris TS, and Noble NE.
Ensco International ESV reported second-quarter results July 24. The offshore driller's revenues were $637 million, up 16% over last year
We are placing Ensco International ESV under review while we re-evaluate our assumptions.
We are placing our fair value estimate under review until we transfer coverage of ENSCO International ESV to a new analyst and will publish a new analysis as soon as possible.
to current market rates and perhaps signals a weakness in North Sea drilling activity. In the Gulf of Mexico, Ensco International ESV, Pride International PDE, and Rowan Companies RDC have experienced an eroding jack-up market. However
Manager Steven Romick began to build positions in Patterson-UTI Energy PTEN, National-Oilwell NOI, and Ensco International ESV late last summer, because he thought they were cheap. The fund now has 8% of its assets in those three
stocks recently for similar reasons, including Goldman Sachs GS and Merrill Lynch MER. And he has just moved into Ensco International ESV and a few other oil drillers. Olstein is also quick to sell, because he's strict about price targets