
By Energy and Capital : By Keith Kohl It seemed like a sure bet last year, a winning scenario for everyone Complete Story »
Atwood Oceanics ( ATW ): FQ2 EPS of $0.90 beats by $0.13 . Revenue of $172M (+7.9% Y/Y) beats by $4M . Shares +0.9% AH. ( PR ) Post your comment!
By Power Hedge : The market was not especially good to offshore drilling stocks last week, with each of the five that I track in my weekly performance review being down over the five day period. As usual, though, they were not all affected the same way. SeaDrill ( SDRL ) opened on Monday, March 19
By Shmulik Karpf : Earnings season is, by definition, a highly volatile period. You never know for sure whether it is a friend or a foe of your trading account until it is over. Making money in this time period could indeed be a highly challenging and frustrating endeavor. This is why we always ...
Atwood Oceanics ( ATW ): FQ1 EPS of $1.00 misses by $0.02 . Revenue of $184.7M (+26.2% Y/Y) in-line. Shares -2.6% AH. ( PR ) Post your comment!
By Shmulik Karpf : Anyone who ever attempted to trade during the earnings season is well aware of the fact that making money in this time period is highly challenging and illusive. This can be attributed to the following factors: Very often, companies report the exact opposite of what we predicted:
Atwood Oceanics ( ATW -1.7% ) sees a bit of selling pressure after announcing it sold $450M worth of 6.5% notes due in 2020. The offshore driller intends to use the proceeds to reduce borrowings made under an existing credit facility. Post your comment!
By Hawkinvest : Transocean ( RIG ) shares have been under pressure for most of 2011, and many investors have tried to catch the bottom, only to see the stock drift even lower. Transocean shares just managed to hit a new 52 week low in the last few days of 2011. Now is a good time to consider some
explosion. Both those lows were eclipsed. How can Brent oil exceed $110 and a former premier driller be making a run at new lows? Other drillers such as Noble Drilling ( NE ), Atwood Oceanics ( ATW ), and SeaDrill ( SDRL ) are Complete Story »
By David White : The market has been heading downward for the last two weeks or so as the bond yields of both Spain and Italy have exploded upward. This has brought the specter of a default in a major economy into play. Oil prices have moved down. Even the high dividend paying, “safe haven”, major