All Posts Tagged With: "ESV"
(AAPL) Company News for June 09, 2011 – Corporate Summary
• Research In Motion (NASDAQ:RIMM) has purchased Scoreloop, a Munich-based social gaming company. The acquisition will enhance the Blackberry maker’s messenger application as it looks to compete against Apple (NASDAQ:AAPL) and other companies. • Oil company...
9Jun2011 | vitalstocks | 0 comments | Continued(RDC) Rowan Companies Beat Estimates on Bottom Line
Rowan Companies Inc. (RDC) recorded adjusted first-quarter 2011 earnings of 49 cents per share, breezing past the Zacks Consensus Estimate of 30 cents but showing deterioration from the year-earlier profit of 56 cents. Total revenue improved 15.8% year over year to $364.3 million...
3May2011 | vitalstocks | 0 comments | Continued(RDC) Rowan Companies Analyst Reiterates Shares at Neutral
We maintain our Neutral recommendation on Rowan Companies Inc. (RDC) given its impressive fourth-quarter 2010 results, which comfortably beat both earnings and revenue estimates. We remain on the sidelines owing to the possible oversupply of global jackups in the next few years,...
3Apr2011 | vitalstocks | 0 comments | Continued(ANN) Company News for March 14, 2011 – Corporate Summary
• Tesoro Corp. (NYSE:TSO) shares ended 8.5% higher at $24.51 as crude-oil prices fell below $101 a barrel and after analysts said that the earthquake could prompt demand for companies that could offset loss of energy from Japanese nuclear plants shuttered after the quake • AnnTaylor...
14Mar2011 | vitalstocks | 0 comments | Continued(AOL) Stock Market News for Feb 08, 2011 – Market News
Strong earnings results, a flurry of merger and acquisition news and signs of normal economic activity in Egypt helped the markets to move up higher on Monday. The Dow Jones Industrial Average gained 0.57% to end at 12,161.55. The S&P 500 moved up 0.62%, or 8.18 points,...
8Feb2011 | vitalstocks | 0 comments | Continued(AOL) Company News for February 08, 2011 – Corporate Summary
• Loews Corp. (NYSE:L) reported Q4 EPS of $1.12, ahead of the Zacks Consensus Estimate of $0.88 per share. Revenues for the quarter fell 3% year-over-year to $3.72 billion. • AOL (NYSE:AOL) announced its plans to acquire online news site Huffington Post for $315 million • Ensco...
8Feb2011 | vitalstocks | 0 comments | Continued(RDC) Rowan Companies Analyst Maintains Neutral Rating on Shares
We maintain our Neutral recommendation for Rowan Companies Inc. (RDC) following better-than-expected third-quarter results. Revenue was up more than 11% year over year. The company is confident of adding backlog on several high-spec jackups in the near term. This was affirmed...
26Dec2010 | vitalstocks | 0 comments | Continued(RIG) U.S. Lifts Gulf of Mexico Offshore Drilling Ban
The federal government has decided to lift its deepwater drilling moratorium in the Gulf of Mexico (“GoM”), weeks ahead of its scheduled late-November expiration. The Interior Department, which oversees offshore drilling, stressed that the newly issued technological...
17Oct2010 | vitalstocks | 0 comments | Continued(DO) U.S. Deepwater Drilling Ban May Lift Sooner
While it is well known to the oil industry that the ongoing drilling moratorium will continue through the end of this November, the Obama administration may lift it a little earlier. The Interior Department is set to release new regulations/guidelines for deepwater drilling anytime...
30Sep2010 | vitalstocks | 0 comments | Continued(BHI) U.S. Rig Count Uptick Continues
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity. Rigs exploring and producing in the U.S. totaled 1,567...
25Jul2010 | vitalstocks | 0 comments | Continued(RIG) Oil & Gas Industry Stock Review – July 2010 – Industry Outlook
OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, had been the main driver of the oil rally that saw the commodity zoom past the $85 per barrel level in late April/early May 2010. However, in recent days, concerns about the European debt...
23Jul2010 | vitalstocks | 0 comments | Continued(DO) Diamond Offshore Sells Ocean Shield to Ensco plc
Offshore driller Diamond Offshore Drilling Inc. (DO) disposed of its 350-feet high-specification jackup Ocean Shield to Ensco plc (ESV) for $186 million in cash, reflecting the company’s intention to utilize the cash in the deepwater drilling assets. The sale of Ocean Shield...
8Jul2010 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil / Natural Gas Drilling Rig Count Inches Ahead
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity despite recent price declines for both commodities. Rigs...
6Jul2010 | vitalstocks | 0 comments | Continued(BHI) U.S Drilling Rig Count Continues Moving Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity in Texas. This was partly offset by the growing oil...
21Jun2010 | vitalstocks | 0 comments | Continued(BHI) U.S. Rig Count Up Despite BP Spill
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting intensified drilling activity in Texas . This was partly offset by the growing oil...
14Jun2010 | vitalstocks | 0 comments | Continued(BHI) U.S. Gulf of Mexico Drilling Ban Pulls Down U.S. Rig Count
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting the growing oil spill in the U.S. Gulf of Mexico (GoM) and ensuing drilling ban in...
7Jun2010 | vitalstocks | 0 comments | Continued(ESV) Ensco International Changes Name to Ensco plc
Ensco International plc (ESV) will be known as Ensco plc, effective March 31, 2010. Management said that this name change is part of the company’s move to its new headquarters in London. Though the company will rename itself, it will continue with the same lines of business...
29Mar2010 | vitalstocks | 0 comments | Continued(ESV) Ensco International Sells Jackup Drilling Rigs
In a continuous endeavor to invest in its growing fleet of ultra-deepwater semisubmersibles, Ensco International plc (ESV) has recently sold two jackup drilling rigs for approximately $95 million. The two rigs in question are Ensco 50 and Ensco 51. As of December 31, 2009, the...
27Mar2010 | vitalstocks | 0 comments | Continued(ESV) ENSCO International plc Shows A Mixed Bag of Earnings Revisions
Despite modestly better-than-expected fourth quarter results, earnings estimates of the first two quarters and full-year 2010 for ENSCO International plc (ESV) are on a downtrend. However, for 2011, estimates are on the rise. Fourth Quarter Recap Earnings per share from continuing...
8Mar2010 | vitalstocks | 0 comments | Continued(ESV) Another Newbuild for ENSCO International
ENSCO International Inc. (ESV) expects to take delivery of the third of seven ENSCO 8500 Series ultra-deepwater semisubmersible drilling rigs (ENSCO 8502) in early 2010. This follows the builder’s (Keppel FELS Limited of Singapore) assurance that the manufacture is on time...
8Dec2009 | vitalstocks | 0 comments | Continued($ESV) ENSCO International Beats on Deepwater Strength
ENSCO International Inc. (ESV) – a leading supplier of offshore contract drilling services to the oil and gas industry – yesterday reported modestly better-than-expected third quarter results, driven by robust performance of its deepwater segment. Earnings per share from...
22Oct2009 | vitalstocks | 0 comments | Continued(ESV) ENSCO International Launches Deepwater Rig
ENSCO International Inc. (ESV) on Thursday announced the commencement of operations of its second ultra-deepwater semisubmersible rig ENSCO 8501. The rig began operations in the Gulf of Mexico (GoM) on Oct 8 under a three-and-a-half year contract with Nexen Inc. (NXY) and Noble...
17Oct2009 | vitalstocks | 0 comments | Continued(ESV) – Ensco Intl – global offshore oil and gas drilling contractor
Ensco International, Inc. (ESV) recently reported a record quarter. Earnings reached a record $296.7 million, which translates into $2.07 per share. The $2.07 topped last year’s $1.72 and eclipsed the consensus estimate by 5%. Revenues of $637.1 million surpassed the year-prior...
5Aug2008 | Shawn | 0 comments | Continued