Atwood Oceanics Company Profile (NYSE:ATW)

About Atwood Oceanics (NYSE:ATW)

Atwood Oceanics logoAtwood Oceanics, Inc. is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey. Its Jackup Rigs included Atwood Mako, Atwood Manta, Atwood Aurora, Atwood Beacon and Atwood Orca. The Atwood Mako and Atwood Manta, both approximately 400-foot water depth Pacific Class jackup rigs, are operating offshore Vietnam and offshore Thailand. The Atwood Aurora, an approximately 350-foot water depth jackup, is operating offshore West Africa. The Atwood Beacon, an approximately 400-foot water depth jackup, is operating in the Mediterranean Sea.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Drilling
  • Symbol: NYSE:ATW
  • CUSIP: 05009510
  • Web:
  • Market Cap: $523.62 million
  • Outstanding Shares: 64,805,000
Average Prices:
  • 50 Day Moving Avg: $8.22
  • 200 Day Moving Avg: $10.21
  • 52 Week Range: $6.12 - $15.37
  • Trailing P/E Ratio: 1.98
  • Foreward P/E Ratio: -3.17
  • P/E Growth: 0.34
Sales & Book Value:
  • Annual Revenue: $711.29 million
  • Price / Sales: 0.74
  • Book Value: $49.85 per share
  • Price / Book: 0.16
  • EBIDTA: $376.19 million
  • Net Margins: 27.10%
  • Return on Equity: 7.38%
  • Return on Assets: 5.04%
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 7.08%
  • Quick Ratio: 5.06%
  • Average Volume: 3.19 million shs.
  • Beta: 2.26
  • Short Ratio: 6.72

Frequently Asked Questions for Atwood Oceanics (NYSE:ATW)

What is Atwood Oceanics' stock symbol?

Atwood Oceanics trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATW."

How were Atwood Oceanics' earnings last quarter?

Atwood Oceanics, Inc. (NYSE:ATW) announced its earnings results on Monday, May, 8th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of ($0.29) by $0.66. The company had revenue of $167.71 million for the quarter, compared to analysts' expectations of $130.51 million. Atwood Oceanics had a return on equity of 7.38% and a net margin of 27.10%. The business's revenue for the quarter was down 43.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.89 earnings per share. View Atwood Oceanics' Earnings History.

Where is Atwood Oceanics' stock going? Where will Atwood Oceanics' stock price be in 2017?

25 analysts have issued 1-year price objectives for Atwood Oceanics' stock. Their predictions range from $7.00 to $19.00. On average, they expect Atwood Oceanics' stock price to reach $11.96 in the next year. View Analyst Ratings for Atwood Oceanics.

Are investors shorting Atwood Oceanics?

Atwood Oceanics saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 21,800,499 shares, a drop of 10.1% from the March 31st total of 24,250,616 shares. Based on an average daily trading volume, of 2,611,131 shares, the days-to-cover ratio is presently 8.3 days. Currently, 28.7% of the company's stock are short sold.

Who are some of Atwood Oceanics' key competitors?

Who owns Atwood Oceanics stock?

Atwood Oceanics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (0.00%), BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Van Den Berg Management I Inc. (0.00%) and State Street Corp (3.78%). Company insiders that own Atwood Oceanics stock include Cote 100 Inc, Renaud Caron, Robert J Saltiel and Simon Bedard. View Institutional Ownership Trends for Atwood Oceanics.

Who sold Atwood Oceanics stock? Who is selling Atwood Oceanics stock?

Atwood Oceanics' stock was sold by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Gotham Asset Management LLC, Morgan Stanley, Acadian Asset Management LLC, AQR Capital Management LLC, Nationwide Fund Advisors, American International Group Inc. and California Public Employees Retirement System. View Insider Buying and Selling for Atwood Oceanics.

Who bought Atwood Oceanics stock? Who is buying Atwood Oceanics stock?

Atwood Oceanics' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, FMR LLC, Vanguard Group Inc., Bank of New York Mellon Corp, State Street Corp, Van Den Berg Management I Inc. and Marshall Wace LLP. Company insiders that have bought Atwood Oceanics stock in the last two years include Renaud Caron, Robert J Saltiel and Simon Bedard. View Insider Buying and Selling for Atwood Oceanics.

How do I buy Atwood Oceanics stock?

Shares of Atwood Oceanics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Atwood Oceanics stock cost?

One share of Atwood Oceanics stock can currently be purchased for approximately $8.08.

Analyst Ratings

Consensus Ratings for Atwood Oceanics (NYSE:ATW) (?)
Ratings Breakdown: 4 Sell Ratings, 13 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.16)
Consensus Price Target: $11.96 (48.05% upside)

Analysts' Ratings History for Atwood Oceanics (NYSE:ATW)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017Goldman Sachs Group IncUpgradeSell -> Neutral$7.50 -> $8.25LowView Rating Details
5/19/2017DNB MarketsUpgradeSell -> HoldMediumView Rating Details
5/17/2017Jefferies Group LLCSet Price TargetHold$10.00LowView Rating Details
5/12/2017Clarkson CapitalUpgradeNeutral -> Buy$12.00LowView Rating Details
5/1/2017Barclays PLCReiterated RatingUnderweight$11.00 -> $7.00MediumView Rating Details
4/28/2017Wood & CompanyUpgradeAccumulate -> BuyMediumView Rating Details
3/22/2017ScotiabankSet Price TargetHold$12.00LowView Rating Details
2/7/2017SimmonsReiterated RatingOverweight$15.50 -> $15.00N/AView Rating Details
2/7/2017Piper Jaffray CompaniesSet Price TargetBuy$15.00N/AView Rating Details
2/7/2017Evercore ISIReiterated RatingHold$10.00N/AView Rating Details
2/7/2017Pareto SecuritiesUpgradeHold -> Buy$10.00 -> $14.00N/AView Rating Details
2/6/2017Credit Suisse Group AGReiterated RatingNeutral$6.00 -> $8.00N/AView Rating Details
2/2/2017Royal Bank of CanadaReiterated RatingUnderperform$15.00 -> $13.00N/AView Rating Details
1/12/2017BMO Capital MarketsSet Price TargetSell$9.00N/AView Rating Details
1/11/2017Iberia CapitalReiterated RatingSector Perform$15.00N/AView Rating Details
1/11/2017Citigroup IncUpgradeSell -> Neutral$5.50 -> $14.00N/AView Rating Details
1/6/2017Oppenheimer Holdings Inc.Initiated CoverageOutperformN/AView Rating Details
11/19/2016StephensDowngradeHold$10.00N/AView Rating Details
10/26/2016Morgan StanleyDowngradeOverweight -> Equal Weight$18.00 -> $19.00N/AView Rating Details
9/14/2016Scotia Howard WeillInitiated CoverageSector Perform$8.50N/AView Rating Details
9/14/2016Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformN/AView Rating Details
8/3/2016Deutsche Bank AGBoost Price TargetBuy$11.00 -> $15.00N/AView Rating Details
6/13/2016Johnson RiceDowngradeBuy -> HoldN/AView Rating Details
5/31/2016KLR GroupUpgradeAccumulate -> Buy$16.00N/AView Rating Details
4/12/2016Susquehanna Bancshares IncBoost Price Target$6.00 -> $9.00N/AView Rating Details
3/21/2016Cowen and CompanyLower Price Target$10.00 -> $8.00N/AView Rating Details
3/14/2016Seaport Global SecuritiesBoost Price TargetReduce$5.00 -> $7.00N/AView Rating Details
2/19/2016Zephirin GroupLower Price TargetHold$9.00 -> $5.00N/AView Rating Details
2/5/2016MacquarieReiterated RatingNeutral$11.00 -> $7.00N/AView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
10/20/2015Jennings CapitalReiterated RatingBuy$21.00N/AView Rating Details
9/9/2015Tudor PickeringDowngradeAccumulate -> HoldN/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Atwood Oceanics (NYSE:ATW)
Earnings by Quarter for Atwood Oceanics (NYSE:ATW)
Earnings History by Quarter for Atwood Oceanics (NYSE:ATW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q2 2017($0.29)$0.37$130.51 million$167.71 millionViewListenView Earnings Details
2/3/2017Q1 2017$0.18$0.15$154.93 million$157.56 millionViewN/AView Earnings Details
11/11/2016Q4 2016$0.59$0.63$191.84 million$188.68 millionViewN/AView Earnings Details
8/1/2016Q3$0.90$1.53$232.74 million$227.80 millionViewN/AView Earnings Details
5/5/2016Q2$1.56$1.89$292.90 million$296.40 millionViewN/AView Earnings Details
2/2/2016Q1$1.13$1.32$303.68 million$307.80 millionViewN/AView Earnings Details
11/9/2015Q4$1.93$2.32$346.23 million$363.18 millionViewN/AView Earnings Details
7/29/2015Q3$1.68$1.73$327.90 million$330.56 millionViewListenView Earnings Details
4/29/2015Q215$1.71$1.89$342.20 million$350.40 millionViewN/AView Earnings Details
2/3/2015Q115$1.44$1.68$356.14 million$351.70 millionViewN/AView Earnings Details
11/10/2014Q414$1.52$1.72$321.10 million$323.37 millionViewN/AView Earnings Details
7/30/2014Q314$1.08$1.11$282.68 million$292.78 millionViewN/AView Earnings Details
4/30/2014Q214$0.93$1.13$282.08 million$273.10 millionViewN/AView Earnings Details
2/4/2014Q114$1.18$1.28$288.82 million$284.70 millionViewN/AView Earnings Details
11/7/2013Q413$1.51$1.57$290.22 million$292.72 millionViewN/AView Earnings Details
7/31/2013Q3 2013$1.35$1.37$271.58 million$272.69 millionViewN/AView Earnings Details
5/1/2013Q2 2013$1.23$1.28$253.97 million$253.16 millionViewN/AView Earnings Details
1/30/2013Q1 2013$0.93$1.10$232.69 million$245.09 millionViewListenView Earnings Details
11/15/2012Q412$1.22$1.45$224.30 million$252.50 millionViewN/AView Earnings Details
8/1/2012$0.74$0.79ViewN/AView Earnings Details
5/1/2012$0.77$0.90ViewN/AView Earnings Details
2/1/2012$1.02$1.00ViewN/AView Earnings Details
11/17/2011$0.98$1.12ViewN/AView Earnings Details
8/3/2011$1.02$1.15ViewN/AView Earnings Details
5/3/2011$1.02$1.08ViewN/AView Earnings Details
2/2/2011$0.78$0.81ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Atwood Oceanics (NYSE:ATW)
2017 EPS Consensus Estimate: ($0.49)
2018 EPS Consensus Estimate: ($1.91)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.10$0.18$0.14
Q2 20172($0.39)($0.08)($0.24)
Q3 20172($0.13)$0.00($0.07)
Q4 20172($0.50)($0.16)($0.33)
Q1 20181($0.51)($0.51)($0.51)
Q2 20181($0.53)($0.53)($0.53)
Q3 20181($0.49)($0.49)($0.49)
Q4 20181($0.38)($0.38)($0.38)
(Data provided by Zacks Investment Research)


Current Dividend Information for Atwood Oceanics (NYSE:ATW)
Most Recent Dividend:1/13/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Atwood Oceanics (NYSE:ATW)

Dividend History by Quarter for Atwood Oceanics (NYSE:ATW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Atwood Oceanics (NYSE:ATW)
Insider Ownership Percentage: 1.22%
Institutional Ownership Percentage: 90.62%
Insider Trades by Quarter for Atwood Oceanics (NYSE:ATW)
Institutional Ownership by Quarter for Atwood Oceanics (NYSE:ATW)
Insider Trades by Quarter for Atwood Oceanics (NYSE:ATW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/9/2017Renaud CaronDirectorBuy30,500$0.11$3,355.00
3/29/2016Cote 100 Inc.InsiderSell23,000$0.07$1,495.00
3/22/2016Cote 100 Inc.InsiderSell24,000$0.07$1,560.00
3/18/2016Cote 100 Inc.InsiderSell1,000$0.07$65.00
3/17/2016Cote 100 Inc.InsiderSell50,000$0.06$3,000.00
3/14/2016Cote 100 Inc.InsiderSell25,000$0.07$1,625.00
2/5/2016Robert J. SaltielCEOBuy10,000$7.31$73,100.00View SEC Filing  
12/23/2015Simon BedardInsiderBuy20,000$0.07$1,400.00
12/22/2015Simon BedardInsiderBuy20,000$0.07$1,300.00
12/15/2015Simon BedardInsiderBuy25,000$0.08$1,875.00
12/14/2015Simon BedardInsiderBuy5,000$0.07$325.00
12/11/2015Simon BedardInsiderBuy25,000$0.08$1,875.00
12/10/2015Simon BedardInsiderBuy6,000$0.07$390.00
12/9/2015Simon BedardInsiderBuy25,000$0.09$2,125.00
12/8/2015Simon BedardInsiderBuy14,000$0.08$1,120.00
12/7/2015Simon BedardInsiderBuy25,000$0.08$2,000.00
12/4/2015Simon BedardInsiderBuy25,000$0.08$1,875.00
10/26/2015Cote 100 Inc.InsiderSell500,000$0.08$37,500.00
9/4/2015Robert J. SaltielCEOBuy5,000$16.86$84,300.00View SEC Filing  
7/3/2015Cote 100 Inc.InsiderSell1,000$0.13$130.00
7/2/2015Cote 100 Inc.InsiderSell32,000$0.12$3,840.00
1/12/2015Mark-Anthony Lovell MeyCFOSell1,498$26.53$39,741.94View SEC Filing  
1/12/2015Robert J SaltielCEOSell2,546$26.53$67,545.38View SEC Filing  
12/22/2014Robert J SaltielCEOBuy5,000$29.27$146,350.00View SEC Filing  
11/13/2014Mark-Anthony Lovell MeyCFOBuy2,500$35.32$88,300.00View SEC Filing  
3/31/2014Luis JimenezVPSell3,360$50.25$168,840.00View SEC Filing  
3/28/2014Michael Alan CampbellVPSell1,600$49.78$79,648.00View SEC Filing  
3/21/2014Luis JimenezVPSell8,134$49.37$401,575.58View SEC Filing  
3/6/2014Arthur Mcginnis PolhamusVPSell3,496$49.19$171,968.24View SEC Filing  
12/30/2013Mark SmithVPSell7,664$52.64$403,432.96View SEC Filing  
8/16/2013Deborah BeckDirectorSell8,000$57.07$456,560.00View SEC Filing  
8/12/2013Luis JimenezVPSell3,131$58.29$182,505.99View SEC Filing  
8/8/2013Barry Michael SmithVPSell51,653$58.88$3,041,328.64View SEC Filing  
8/7/2013Arthur Mcginnis PolhamusVPSell3,328$57.90$192,691.20View SEC Filing  
6/27/2013Helmerich & Payne IncDirectorSell2,000,000$53.63$107,260,000.00View SEC Filing  
6/17/2013Mark W SmithVPSell3,303$55.90$184,637.70View SEC Filing  
5/23/2013Helmerich & Payne IncMajor ShareholderSell2,000,000$53.43$106,860,000.00View SEC Filing  
5/16/2013Luis JimenezVPSell1,395$52.68$73,488.60View SEC Filing  
2/6/2013Luis JimenezVPSell13,161$53.00$697,533.00View SEC Filing  
2/5/2013Michael Alan CampbellVPSell3,100$52.91$164,021.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Atwood Oceanics (NYSE:ATW)
Latest Headlines for Atwood Oceanics (NYSE:ATW)
DateHeadline logoCan Atwood Oceanics (ATW) Run Higher on Strong Earnings Estimate Revisions? - Nasdaq - May 24 at 3:41 PM logoCan Atwood Oceanics (ATW) Run Higher on Strong Earnings Estimate Revisions? - May 24 at 10:05 AM logoAtwood Oceanics, Inc. – Value Analysis (NYSE:ATW) : May 23, 2017 - May 23 at 3:48 PM logoAtwood Oceanics, Inc. (ATW) Upgraded to "Neutral" by Goldman Sachs Group Inc - May 23 at 8:44 AM logoAtwood Oceanics, Inc. breached its 50 day moving average in a Bullish Manner : ATW-US : May 22, 2017 - May 22 at 9:42 AM logoAtwood Oceanics, Inc. (ATW) Receives Consensus Rating of "Hold" from Brokerages - May 19 at 1:42 PM logoAtwood Oceanics, Inc. (ATW) Stock Rating Upgraded by DNB Markets - May 19 at 10:19 AM logoAtwood Oceanics, Inc. (ATW) PT Set at $10.00 by Jefferies Group LLC - May 17 at 9:08 PM logoThis Will Affect Atwood Oceanics’ Capex in Fiscal 2017 - May 16 at 12:26 PM logoWill Atwood Oceanics Have Enough Liquidity Entering Fiscal 2018? - May 16 at 12:26 PM logoInside Atwood Oceanics’ Outlook: Can Offshore Drilling Make a Comeback in 2018? - May 15 at 4:14 PM logoAtwood Oceanics’ Revenue Fiscal 2Q17—After a 4-Quarter Fall - May 15 at 4:14 PM logoClarkson Capital Upgrades Atwood Oceanics, Inc. (ATW) to "Buy" - May 12 at 5:56 PM logoUS Natural Gas Rig Count Hit December 2016 High - May 12 at 4:16 PM logoAtwood Oceanics, Inc.: Leads amongst peers with strong fundamentals - May 11 at 4:10 PM logoZacks: Analysts Anticipate Atwood Oceanics, Inc. (ATW) Will Post Quarterly Sales of $124.56 Million - May 11 at 11:00 AM logoOne-Time Events Cause Atwood Oceanics, Inc. to Report a Messy Quarter - Motley Fool - May 11 at 1:57 AM logoInvestors Finally Figured Out What to Make of Atwood Oceanics, Inc.'s Earnings - Motley Fool - May 10 at 8:56 PM logoEdited Transcript of ATW earnings conference call or presentation 9-May-17 2:00pm GMT - May 10 at 9:01 AM logoAtwood Oceanics (ATW) Q2 2017 Results - Earnings Call Transcript - May 9 at 8:47 PM logo Analysts Anticipate Atwood Oceanics, Inc. (ATW) to Announce -$0.15 Earnings Per Share - May 9 at 4:32 PM logoAtwood Oceanics misses by $0.13, beats on revenue - May 9 at 10:50 AM logoAtwood Oceanics, Inc. (ATW) Issues Quarterly Earnings Results - May 9 at 9:56 AM logoAtwood Oceanics Announces Fiscal 2017 Second Quarter Earnings - May 8 at 8:39 PM logoAtwood Oceanics reports 2Q loss - May 8 at 5:17 PM logoOil & Gas Stocks Under Review -- Atwood Oceanics, Patterson-UTI Energy, Antero Resources, and Ocean Rig - PR Newswire (press release) - May 8 at 3:38 PM logoOil & Gas Stocks Under Review -- Atwood Oceanics, Patterson-UTI Energy, Antero Resources, and Ocean Rig - May 8 at 10:46 AM logoAtwood Oceanics, Inc. (ATW) Set to Announce Quarterly Earnings on Monday - May 6 at 12:16 AM logoAtwood Oceanics, Inc. (ATW) to Release Earnings on Monday - May 5 at 11:53 PM logoAtwood Oceanics, Inc. (ATW) Scheduled to Post Earnings on Monday - May 5 at 11:31 PM logoAtwood Oceanics (ATW) Receiving Favorable Press Coverage, Report Shows - May 2 at 7:32 PM logoBarclays PLC Reiterates "Underweight" Rating for Atwood Oceanics, Inc. (ATW) - May 1 at 4:40 PM logoAtwood Oceanics, Inc. (ATW) Short Interest Down 10.1% in April - May 1 at 7:46 AM logoAtwood Oceanics, Inc. (ATW) Upgraded at Wood & Company - April 29 at 3:49 PM logoAnalysts’ Revisions for Atwood Oceanics in 2017 - April 28 at 4:39 PM logoVery Positive News Coverage Likely to Impact Atwood Oceanics (ATW) Share Price - April 28 at 8:08 AM logoSusquehanna and Jefferies Reduced Offshore Driller Target Prices - April 26 at 4:02 PM logoSomewhat Positive Press Coverage Likely to Affect Atwood Oceanics (ATW) Share Price - April 25 at 2:58 PM logoAtwood Oceanics, Inc. (ATW) Receives Average Rating of "Hold" from Analysts - April 24 at 12:35 PM logoSomewhat Favorable Media Coverage Likely to Impact Atwood Oceanics (ATW) Share Price - April 22 at 1:14 PM logo$123.99 Million in Sales Expected for Atwood Oceanics, Inc. (ATW) This Quarter - April 20 at 12:14 PM logoAtwood Oceanics Announces Fiscal 2017 Second Quarter Earnings Conference Call - Yahoo Finance - April 19 at 4:01 PM logoAtwood Oceanics Announces Fiscal 2017 Second Quarter Earnings Conference Call - April 19 at 9:45 AM logoAtwood Oceanics, Inc. (ATW) Expected to Post Earnings of -$0.30 Per Share - April 18 at 8:26 PM logoAtwood Oceanics (ATW) Earning Somewhat Positive Media Coverage, AlphaOne Reports - April 18 at 12:16 PM logoAtwood Oceanics, Inc. (ATW) Cut to Sell at Zacks Investment Research - April 17 at 7:53 PM logoAtwood Oceanics (ATW) Earns News Sentiment Rating of 0.22 - April 15 at 10:55 AM logoJefferies Group LLC Analysts Give Atwood Oceanics, Inc. (ATW) a $10.00 Price Target - April 14 at 3:36 PM logoAnalysts Offer Predictions for Atwood Oceanics, Inc.'s Q2 2017 Earnings (ATW) - April 13 at 9:05 AM logoAtwood Oceanics, Inc. (ATW) Cut to "Sell" at Zacks Investment Research - April 11 at 8:32 PM



Atwood Oceanics (ATW) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff