Comments for ESV - Stockpickr! Your Source for Stock Ideas

Comments for ESV

Added By	Comments	Type	Date Added
rohlm50212	Oil	Love	August 08, 2009
barrons3	Buy - Price 26.40 on April 1 by Jesup & Lamont Ensco announced a delayed startup on Ensco 8500 [deepwater-drilling unit]...due to crane replacement; Ensco's fleet includes 51 drilling units. We are lowering our '09E-earnings to 6.50 from 6.60 per share...an earnings multiple of 8 times our new '10E- earnings of $5.50 a share yields a target of 44. With the stock at 26.40, or 4.1 times current '09 earnings, the upside potential justifies our Buy rating. Market cap: $3.7 billion.	Love	April 04, 2009
sarah z	The offshore driller with headquarters in Dallas, Texas, announced that it will add $500 million to its repurchase plan. The new buyback amount was approved just as Ensco nearly completed its previous $1 billion-dollar buyback plan, by which the company repurchased 16.5 million shares worth $937.6 billion. The new buybacks will be financed with available cash. On July 24, 2008 the company reported record second-quarter results with net income swelling 17% to $2.96.7 million, or $2.07 a share, from $254.4 million, or $1.72 in the same period last year. Total revenue was $637.1 million, up from $548.6 in the year-ago period. Dan Rabun, Chairman, President and CEO, commented on the Company's results, "Increases in average day rates in all regions and asset classes contributed to the sequential improvement in our second quarter results, and to another record quarter.” While most U.S. companies continue their downward fall, Ensco and their fleet of 53 rigs, has performed quite well in the face of turbulent markets. Ensco is up 10% on the year, compared to the DOW which is down nearly 21% on the year. We like to see that Jefferies & Company has a buy rating and 85-dollar price target on the stock. Analyst Judson E. Bailey added, “Despite the pullback in commodity prices and ESV shares, we believe ESV remains well-positioned for growth through its deepwater growth initiatives, a more robust international jack-up market than expected and near term benefits from GOM market strength.”	Love	October 01, 2008
MSalfati	Drilling favorite	Love	September 26, 2008
azhester	high roe, no debt	Love	September 25, 2008
sarah z	The offshore driller with headquarters in Dallas, Texas, announced that it will add $500 million to its repurchase plan. The new buyback amount was approved just as Ensco nearly completed its previous $1 billion-dollar buyback plan, by which the company repurchased 16.5 million shares worth $937.6 billion. The new buybacks will be financed with available cash. On July 24, 2008 the company reported record second-quarter results with net income swelling 17% to $2.96.7 million, or $2.07 a share, from $254.4 million, or $1.72 in the same period last year. Total revenue was $637.1 million, up from $548.6 in the year-ago period. Dan Rabun, Chairman, President and CEO, commented on the Company's results, "Increases in average day rates in all regions and asset classes contributed to the sequential improvement in our second quarter results, and to another record quarter.” While most U.S. companies continue their downward fall, Ensco and their fleet of 53 rigs, has performed quite well in the face of turbulent markets. Ensco is up 10% on the year, compared to the DOW which is down nearly 21% on the year. We like to see that Jefferies & Company has a buy rating and 85-dollar price target on the stock. Analyst Judson E. Bailey added, “Despite the pullback in commodity prices and ESV shares, we believe ESV remains well-positioned for growth through its deepwater growth initiatives, a more robust international jack-up market than expected and near term benefits from GOM market strength.”	Love	September 24, 2008
barrons2	Outperform -- Price 64.63 on Aug. 26 by FBR Capital Markets Our month jackup [-rig] backlog report indicates there should be a pro forma average shortage of six rigs over the next nine months, up from three... . This could put upward pressure on day rates... . A $10,000 increase in day rates would increase Ensco's EPS to 12% above consensus in 2010 ... [and] EPS should increase to $9.70 and $11 for 2009 and 2010, respectively -- 9% and 12% above consensus estimates. Market cap: $9.3 billion.	Love	August 30, 2008
High Dividends	4.6	Love	May 26, 2008
chezmich@comcast.net	growth	Love	April 23, 2008
stockerblog	P/E of 9, a PEG of 0.47 , and a yield of 0.2 .	Love	January 17, 2008
DannyP	ESV is an offshore contract drilling company. Ensco is expanding its offshore "Deep Water Drilling." They are increasing their offshore deep water wells from one to four over the next 2 to 3 years. I think with the RIG and GSF merger almost complete, ENSCO, an $8 billion company is a fantastic fit for the giantic new Transocean. Once again, it is easier to aquire new offshore deep water oil wells than start new ones. By the way, the PEG on ESV is .27 and the industry sector average is 1.05	Love	November 19, 2007
stockerblog	Richard Rainwater	Love	November 11, 2007
czoli	Target of 65 by March 08. Should be trading north of $60.	Love	November 02, 2007
Player8028	fundamentals, sector	Love	October 14, 2007
othoschild	another carryover from ramses portfolio. this solid deepwater driller is so cheap! takeover candidate (Rowan?)..great fundamentals, ongoing diversification out of the Gulf.. target price $70-75	Love	October 12, 2007
czoli	Overlooked area of the oil patch. Granted it isn't a RIG but it has potential.	Love	October 04, 2007
sarah z	Ensco International announced a $500 million dollar buyback. ENSCO International Incorporated, together with its subsidiaries, operates as an offshore contract drilling company in the United States and internationally. The stock trades for 5.5x cash flow.	Love	September 05, 2007
rmelv	I owned for a little while because I thought it had the most attractive valuation. The reason the street hates it is because it is overexposed to shallow water drilling. I would stay away from this stock, too much competetion in the shallow drilling market.	Hate	August 31, 2007
john77056	oil services	Love	August 09, 2007
nickish	OIL SERVICES	Love	August 03, 2007
henrywa	DEEP OCEAN DRILLING RIGS	Love	July 23, 2007
free.money	ENSCO International Incorporated (ENSCO) is an international offshore contract drilling company. Its offshore contract drilling operations are integral to the exploration, development and production of oil and natural gas. As of February 15, 2007, its offshore rig fleet included 43 jackup rigs, one ultra-deepwater semisubmersible rig and one barge rig. In addition, it has three ultra-deepwater semisubmersible rigs. Its operations are concentrated in the geographic regions of Asia Pacific, Europe/Africa, and North and South America.	Love	July 13, 2007
asieve	generated from model	Love	June 26, 2007
brumos	HUNCH	Love	June 22, 2007
22stew	energy related	Love	June 11, 2007
kaofow	high gas price	Love	May 30, 2007
NateUnix	Most undervalued, overperforming driller out there.	Love	May 22, 2007
Condor55555	7th highest Sagal rating.	Love	April 18, 2007
jpmckenna	Deep - water driller.	Love	April 12, 2007
Marlincapman	This is a driller with heavy exposure to shallow water off shore wells in the Gulf of Mexico. It is a hedge against the oil drilling industry	Hate	March 23, 2007