About Atwood Oceanics (NYSE:ATW)
Atwood 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
- Sub-Industry: Oil & Gas Drilling
- Symbol: NYSE:ATW
- CUSIP: 05009510
- Web: www.atwd.com
- Market Cap: $749.87 million
- Outstanding Shares: 80,458,000
- 50 Day Moving Avg: $8.48
- 200 Day Moving Avg: $8.20
- 52 Week Range: $5.91 - $15.37
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -3.29
- P/E Growth: 0.32
- Annual Revenue: $605.28 million
- Price / Sales: 1.24
- Book Value: $42.21 per share
- Price / Book: 0.22
- EBITDA: $296.89 million
- Net Margins: -3.06%
- Return on Equity: 2.25%
- Return on Assets: 1.59%
- Debt-to-Equity Ratio: 0.38%
- Current Ratio: 8.80%
- Quick Ratio: 7.45%
- Average Volume: 5.02 million shs.
- Beta: 2.47
- Short Ratio: 4.29
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) posted its earnings results on Thursday, August, 3rd. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.01. The company had revenue of $117.20 million for the quarter, compared to analyst estimates of $125.89 million. Atwood Oceanics had a negative net margin of 3.06% and a positive return on equity of 2.25%. Atwood Oceanics's revenue was down 48.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.53 EPS. View Atwood Oceanics' Earnings History.
When will Atwood Oceanics make its next earnings announcement?
Where is Atwood Oceanics' stock going? Where will Atwood Oceanics' stock price be in 2017?
21 equities research analysts have issued twelve-month price targets for Atwood Oceanics' stock. Their forecasts range from $8.00 to $19.00. On average, they anticipate Atwood Oceanics' stock price to reach $11.64 in the next year. View Analyst Ratings for Atwood Oceanics.
Are investors shorting Atwood Oceanics?
Atwood Oceanics saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 36,578,181 shares, a decline of 10.7% from the August 31st total of 40,968,960 shares. Based on an average daily volume of 3,958,698 shares, the short-interest ratio is presently 9.2 days. Currently, 48.2% of the shares of the stock are short sold.
Who are some of Atwood Oceanics' key competitors?
Some companies that are related to Atwood Oceanics include Frank's International N.V. (FI), Cairn Energy PLC (CRNCY), Forum Energy Technologies (FET), Western Refining Logistics, LP (WNRL), Warrior Met Coal (HCC), Ngl Energy Partners Lp (NGL), NOW (DNOW), Superior Energy Services (SPN), Carrizo Oil & Gas (CRZO), Wildhorse Resource Development Corporation (WRD), SolarEdge Technologies (SEDG), Tidewater (TDW), Enbridge Energy Management LLC (EEQ), Oil States International (OIS), Helix Energy Solutions Group (HLX), Exterran Corporation (EXTN), USA Compression Partners, LP (USAC) and Noble Midstream Partners LP (NBLX).
Who are Atwood Oceanics' key executives?
Atwood Oceanics' management team includes the folowing people:
- George S. Dotson, Independent Chairman of the Board
- Robert J. Saltiel, President, Chief Executive Officer, Director
- Mark W. Smith, Chief Financial Officer, Senior Vice President, IR Contact Officer
- Walter A. Baker, Senior Vice President, General Counsel, Corporate Secretary
- Arthur M. Polhamus, Senior Vice President - Operations
- Barry Michael Smith, Senior Vice President- Technical services
- Evelyn Adele Nordin, Vice President, Treasurer
- Mark K. Monroe, Vice President - Marketing and Business Development
- Stuart D. Allen, Vice President - Human resource and Administrative Services
- John K. Gidley, Vice President- Health, Safety & Environment
Who owns Atwood Oceanics stock?
Atwood Oceanics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include
BORR DRILLING LTD
(2.99%) and Longfellow Investment Management Co. LLC (1.59%). Company insiders that own Atwood Oceanics stock include André Imbeau, Cote 100 Inc, Renaud Caron, Robert J Saltiel and Simon Bedard. View Institutional Ownership Trends for Atwood Oceanics.
Who bought Atwood Oceanics stock? Who is buying Atwood Oceanics stock?
Atwood Oceanics' stock was acquired by a variety of institutional investors in the last quarter, including Longfellow Investment Management Co. LLC. 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.
What is Atwood Oceanics' stock price today?
MarketBeat Community Rating for Atwood Oceanics (NYSE ATW)MarketBeat's community ratings are surveys of what our community members think about Atwood Oceanics and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Atwood Oceanics stock can currently be purchased for approximately $9.32.
Consensus Ratings for Atwood Oceanics (NYSE:ATW) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 14 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.05)|
|Consensus Price Target: ||$11.64 (24.90% upside)|Consensus Price Target History for Atwood Oceanics (NYSE:ATW)
Analysts' Ratings History for Atwood Oceanics (NYSE:ATW)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/5/2017||Jefferies Group LLC||Set Price Target||Hold||$10.00||N/A|
|9/19/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$9.00||Low|
|8/31/2017||Citigroup Inc.||Reiterated Rating||Neutral||High|
|8/11/2017||Barclays PLC||Lower Price Target||Underweight||$10.00 -> $8.00||High|
|6/2/2017||Seaport Global Securities||Upgrade||Sell -> Neutral||Low|
|5/31/2017||Wood & Company||Upgrade||Underperform -> Market Perform||High|
|5/31/2017||Raymond James Financial, Inc.||Upgrade||Underperform -> Market Perform||High|
|5/23/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Sell -> Neutral||$7.50 -> $8.25||Low|
|5/19/2017||DNB Markets||Upgrade||Sell -> Hold||Medium|
|5/12/2017||Clarkson Capital||Upgrade||Neutral -> Buy||$12.00||Low|
|3/22/2017||Scotiabank||Set Price Target||Hold||$12.00||Low|
|2/7/2017||Simmons||Reiterated Rating||Overweight||$15.50 -> $15.00||N/A|
|2/7/2017||Evercore ISI||Reiterated Rating||Hold||$10.00||N/A|
|2/7/2017||Pareto Securities||Upgrade||Hold -> Buy||$10.00 -> $14.00||N/A|
|2/6/2017||Credit Suisse Group||Reiterated Rating||Neutral||$6.00 -> $8.00||N/A|
|2/2/2017||Royal Bank Of Canada||Reiterated Rating||Underperform||$15.00 -> $13.00||N/A|
|1/12/2017||BMO Capital Markets||Set Price Target||Sell||$9.00||N/A|
|1/11/2017||Iberia Capital||Reiterated Rating||Sector Perform||$15.00||N/A|
|1/6/2017||Oppenheimer Holdings, Inc.||Initiated Coverage||Outperform||N/A|
|10/26/2016||Morgan Stanley||Downgrade||Overweight -> Equal Weight||$18.00 -> $19.00||N/A|
|9/14/2016||Scotia Howard Weill||Initiated Coverage||Sector Perform||$8.50||N/A|
|8/3/2016||Deutsche Bank AG||Boost Price Target||Buy||$11.00 -> $15.00||N/A|
|6/13/2016||Johnson Rice||Downgrade||Buy -> Hold||N/A|
|5/31/2016||KLR Group||Upgrade||Accumulate -> Buy||$16.00||N/A|
|4/12/2016||Susquehanna Bancshares Inc||Boost Price Target||$6.00 -> $9.00||N/A|
|3/21/2016||Cowen and Company||Lower Price Target||$10.00 -> $8.00||N/A|
|2/19/2016||Zephirin Group||Lower Price Target||Hold||$9.00 -> $5.00||N/A|
|2/5/2016||Macquarie||Reiterated Rating||Neutral||$11.00 -> $7.00||N/A|
|11/30/2015||Guggenheim||Upgrade||Neutral -> Buy||N/A|
Earnings History for Atwood Oceanics (NYSE:ATW)Earnings History by Quarter for Atwood Oceanics (NYSE ATW)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q3||($0.06)||($0.05)||$125.89 million||$117.20 million||View||N/A|
|5/8/2017||Q2 2017||($0.29)||$0.37||$130.51 million||$167.71 million||View||Listen|
|2/3/2017||Q1 2017||$0.18||$0.15||$154.93 million||$157.56 million||View||N/A|
|11/11/2016||Q4 2016||$0.59||$0.63||$191.84 million||$188.68 million||View||N/A|
|8/1/2016||Q3||$0.90||$1.53||$232.74 million||$227.80 million||View||N/A|
|5/5/2016||Q2||$1.56||$1.89||$292.90 million||$296.40 million||View||N/A|
|2/2/2016||Q1||$1.13||$1.32||$303.68 million||$307.80 million||View||N/A|
|11/9/2015||Q4||$1.93||$2.32||$346.23 million||$363.18 million||View||N/A|
|7/29/2015||Q3||$1.68||$1.73||$327.90 million||$330.56 million||View||Listen|
|4/29/2015||Q215||$1.71||$1.89||$342.20 million||$350.40 million||View||N/A|
|2/3/2015||Q115||$1.44||$1.68||$356.14 million||$351.70 million||View||N/A|
|11/10/2014||Q414||$1.52||$1.72||$321.10 million||$323.37 million||View||N/A|
|7/30/2014||Q314||$1.08||$1.11||$282.68 million||$292.78 million||View||N/A|
|4/30/2014||Q214||$0.93||$1.13||$282.08 million||$273.10 million||View||N/A|
|2/4/2014||Q114||$1.18||$1.28||$288.82 million||$284.70 million||View||N/A|
|11/7/2013||Q413||$1.51||$1.57||$290.22 million||$292.72 million||View||N/A|
|7/31/2013||Q3 2013||$1.35||$1.37||$271.58 million||$272.69 million||View||N/A|
|5/1/2013||Q2 2013||$1.23||$1.28||$253.97 million||$253.16 million||View||N/A|
|1/30/2013||Q1 2013||$0.93||$1.10||$232.69 million||$245.09 million||View||Listen|
|11/15/2012||Q412||$1.22||$1.45||$224.30 million||$252.50 million||View||N/A|
Earnings Estimates for Atwood Oceanics (NYSE:ATW)
2017 EPS Consensus Estimate: ($0.41)
2018 EPS Consensus Estimate: ($1.91)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Atwood Oceanics (NYSE:ATW)
|Most Recent Dividend:||1/13/2016|
|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 History by Quarter for Atwood Oceanics (NYSE ATW)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Atwood Oceanics (NYSE:ATW)
Insider Ownership Percentage: 1.22%Insider Trades by Quarter for Atwood Oceanics (NYSE:ATW)
Institutional Ownership Percentage: 91.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/29/2016||Cote 100 Inc.||Insider||Sell||23,000||$0.07||$1,495.00|
|3/22/2016||Cote 100 Inc.||Insider||Sell||24,000||$0.07||$1,560.00|
|3/18/2016||Cote 100 Inc.||Insider||Sell||1,000||$0.07||$65.00|
|3/17/2016||Cote 100 Inc.||Insider||Sell||50,000||$0.06||$3,000.00|
|3/14/2016||Cote 100 Inc.||Insider||Sell||25,000||$0.07||$1,625.00|
|2/5/2016||Robert J. Saltiel||CEO||Buy||10,000||$7.31||$73,100.00|| |
|10/26/2015||Cote 100 Inc.||Insider||Sell||500,000||$0.08||$37,500.00|
|9/4/2015||Robert J. Saltiel||CEO||Buy||5,000||$16.86||$84,300.00|| |
|7/3/2015||Cote 100 Inc.||Insider||Sell||1,000||$0.13||$130.00|
|7/2/2015||Cote 100 Inc.||Insider||Sell||32,000||$0.12||$3,840.00|
|1/12/2015||Mark-Anthony Lovell Mey||CFO||Sell||1,498||$26.53||$39,741.94|| |
|1/12/2015||Robert J Saltiel||CEO||Sell||2,546||$26.53||$67,545.38|| |
|12/22/2014||Robert J Saltiel||CEO||Buy||5,000||$29.27||$146,350.00|| |
|11/13/2014||Mark-Anthony Lovell Mey||CFO||Buy||2,500||$35.32||$88,300.00|| |
|3/31/2014||Luis Jimenez||VP||Sell||3,360||$50.25||$168,840.00|| |
|3/28/2014||Michael Alan Campbell||VP||Sell||1,600||$49.78||$79,648.00|| |
|3/21/2014||Luis Jimenez||VP||Sell||8,134||$49.37||$401,575.58|| |
|3/6/2014||Arthur Mcginnis Polhamus||VP||Sell||3,496||$49.19||$171,968.24|| |
|12/30/2013||Mark Smith||VP||Sell||7,664||$52.64||$403,432.96|| |
|8/16/2013||Deborah Beck||Director||Sell||8,000||$57.07||$456,560.00|| |
|8/12/2013||Luis Jimenez||VP||Sell||3,131||$58.29||$182,505.99|| |
|8/8/2013||Barry Michael Smith||VP||Sell||51,653||$58.88||$3,041,328.64|| |
|8/7/2013||Arthur Mcginnis Polhamus||VP||Sell||3,328||$57.90||$192,691.20|| |
|6/27/2013||Helmerich & Payne Inc||Director||Sell||2,000,000||$53.63||$107,260,000.00|| |
|6/17/2013||Mark W Smith||VP||Sell||3,303||$55.90||$184,637.70|| |
|5/23/2013||Helmerich & Payne Inc||Major Shareholder||Sell||2,000,000||$53.43||$106,860,000.00|| |
|5/16/2013||Luis Jimenez||VP||Sell||1,395||$52.68||$73,488.60|| |
|2/6/2013||Luis Jimenez||VP||Sell||13,161||$53.00||$697,533.00|| |
|2/5/2013||Michael Alan Campbell||VP||Sell||3,100||$52.91||$164,021.00|| |
Headline Trends for Atwood Oceanics (NYSE:ATW)
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Atwood Oceanics (ATW) Chart for Sunday, October, 22, 2017