Seeking Alpha

Seeking Alpha Portfolio App for iPad

1,802 people get ESV articles and Market Currents by email alert.

Get email alerts on ESV »

ESV

Ensco plc

5/18/2013, 4:58 PM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Friday, May 3, 11:58 AM The bigger the better when it comes to oil services providers, Jefferies believes, making the case that the big sector players are best positioned to fix inefficiencies of operations and thus ultimately will see the largest benefit from the surge in U.S. production. The firm's favorites: SPN, SLCA, PES, HP, ESV, NOV, CAM, HAL, SLB. Comment! [Energy, Quick Ideas]
Tuesday, April 30, 12:05 AM Notable earnings before Tuesday’s open: ABFS, AET, AGCO, AMED, ARCO, AVP, BEN, BP, CIE, CMI, CNH, COCO, CRIS, CYNO, DBD, DDD, DPZ, ECL, EPD, ESV, EXAS, FCH, FIS, FLWS, GAS, GOV, HCLP, HCP, HEP, HNR, HOT, HRS, HUN, HW, IVZ, KLIC, LM, MCGC, MHP, MLM, MNTA, MPC, MPLX, MSO, MTG, MTOR, MWV, NEE, NI, NYX, ODP, OSK, PBI, PEG, PES, PFE, ROC, SAVE, SIRI, TFX, THC, TRI, TRW, UBS, UDR, VLO, VSH, WEC, X, XYL, ZTS Comment! [Earnings]
Monday, April 29, 5:53 PM Ensco (ESV): Q1 EPS of $1.36 beats by $0.07. Revenue of $1.15B beats by $0.01B. (PR) Comment! [Earnings, Breaking News]
Monday, April 29, 5:30 PM Notable earnings before Tuesday’s open: ABFS, AET, AGCO, AMED, ARCO, AVP, BEN, BP, CIE, CMI, CNH, COCO, CRIS, CYNO, DBD, DDD, DPZ, ECL, EPD, ESV, EXAS, FCH, FIS, FLWS, GAS, GOV, HCLP, HCP, HEP, HNR, HOT, HRS, HUN, HW, IVZ, KLIC, LM, MCGC, MHP, MLM, MNTA, MPC, MPLX, MSO, MTG, MTOR, MWV, NEE, NI, NYX, ODP, OSK, PBI, PEG, PES, PFE, ROC, SAVE, SIRI, TFX, THC, TRI, TRW, UBS, UDR, VLO, VSH, WEC, X, XYL, ZTS 1 Comment [Earnings]
Tuesday, March 12, 12:09 PM The potential of West Africa’s emerging pre-salt play and big gas discoveries off East Africa are set to drive an 18% leap in annual drilling expenditure to more than $17B across the region over the next five years, GBI Research predicts. Rig contractors such as Seadrill (SDRL) and Ensco (ESV) operating modern units designed for Africa’s deepwater plays are set to cash in on the prospecting surge. 10 Comments [Energy, Global & FX]
Tuesday, February 26, 9:38 AM Ensco PLC (ESV) declares $0.50/share quarterly dividend, 33% increase from prior dividend of $0.375. Forward yield 3.43%. For shareholders of record Mar. 11. Payable Mar. 22. Ex-div date Mar. 07. (PR) 1 Comment [Dividends]
Friday, February 22, 5:35 PM UBS expects Halliburton's (HAL) dividend hike - its first since 2007 - could lead other oilfield companies to follow suit later this year, particularly Ensco (ESV), which now pays $1.50/share but could raise it to $2 or $2.50. Schlumberger (SLB), which increased dividends last month by 14%, also will seek to regularly raise its dividend in coming years as free cash flows grow, the firm says. 1 Comment [Energy]
Thursday, February 21, 3:45 PM Ensco (ESV -1.2%) sees revenue from all its floating rigs growing more than 20% this year on a pick-up in drilling activity, but getting the rigs prepared should lead to a 19% rise in contract drilling expenses. ESV announced just this week a contract with Total (TOT) for its newly built DS-7 ultra-deepwater drillship off Angola at an average rate of $648K/day, which will start later this year. Comment! [Energy]
Thursday, February 21, 8:34 AM Ensco (ESV): Q4 EPS of $1.02. Revenue of $1.09B (+12% Y/Y) beats by $0.B. (PR) Comment! [Earnings, Breaking News]
Thursday, February 21, 12:05 AM Notable earnings before Thursday’s open: AYR, CHK, CMS, DAN, DDS, DNR, ESV, FAF, FNP, GTXI, HEP, HNZ, HRL, HST, IMAX, IRC, LINE, LXP, PCG, PEG, PKD, PWR, PXP, SCG, SFL, SFY, SUI, SWY, TASR, THI, TK, TNK, WMT, WPRT, ZLC Comment! [Earnings]
Wednesday, February 20, 5:30 PM Notable earnings before Thursday’s open: AYR, CHK, CMS, DAN, DDS, DNR, ESV, FAF, FNP, GTXI, HEP, HNZ, HRL, HST, IMAX, IRC, LINE, LXP, PCG, PEG, PKD, PWR, PXP, SCG, SFL, SFY, SUI, SWY, TASR, THI, TK, TNK, WMT, WPRT, ZLC Comment! [Earnings]
Monday, February 11, 11:47 AM Dahlman Rose downgrades to Hold nine oilfield service companies with strong North American exposure, including Baker Hughes (BHI). The firm cites the sector’s sluggish outlook for exploration and production spending and recent outperformance of the North American-oriented stocks. Of the group - including ESV, BAS, LUFK and NR - BHI has the most exposure to North America, the firm adds. Comment! [Energy, Quick Ideas]
Thursday, February 7, 3:23 PM Barclays analysts downplay the impact of the safety notice on offshore drillers ordering inspection of subsea equipment on some Gulf of Mexico drilling rigs for faulty bolts. "While this event poses additional downtime risk for these drillers, we believe the downtime would be limited and can be often mitigated through the course of normal operations," the firm says. 7 Comments [Energy]
Wednesday, February 6, 3:17 PM Shares of oil and gas drillers slide to session lows following a Bloomberg report that drilling regulators had directed offshore operators to halt work on some oil and gas wells in the Gulf of Mexico after discovering faulty bolts on equipment used to prevent blowouts. Replacing all bolts on blowout preventers could cost millions, Rowan (RDC) CEO Matt Ralls says. 12 Comments [Energy]
Monday, January 14, 10:32 AM Shares of Ensco (ESV +0.4%) could rise to $70 as the world's no. 2 offshore driller benefits from growing demand for deepwater drilling, Barron's says. ESV trades at 8.7x this year's expected earnings, but it may merit a richer valuation of ~10x due to its free cash flow yield of 6%, best in the industry; ESV also enjoys a highly regarded management team and a young fleet of deepwater rigs. Comment! [Energy, Quick Ideas]
Wednesday, November 28, 2012, 12:52 PM Ensco (ESV -1.2%) is downgraded to Hold from Buy at Deutsche Bank, which lowers its 2012, 2013 and 2014 EPS estimates as cost pressures mount, especially on the labor front. Although offshore demand remains strong and ESV is arguably the best managed offshore driller, the firm sees dayrates flattening even as costs rise. Comment! [Energy, Quick Ideas]