NLFEnergy

Ensco International and Oilsands Quest: Two Diverse Energy Bets

You have to be careful when comparing ESV to RIG, DO, or NE for that matter, they don't have as much deepwater exposure as those last three do. Jackup rates have been depressed recently (especially in the Mexican and South East Asian markets) due to spec building coming online from smaller competitors. I like ESV a lot, but I would definitely own the other three companies first with NE being the best option for sure.