Ensco Plc Company Profile (NYSE:ESV)

About Ensco Plc (NYSE:ESV)

Ensco Plc logoEnsco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. Its segments include Floaters, Jackups and Other. The Floaters segment includes its drillships and semisubmersible rigs, and provides contract drilling. Other consists of management services on rigs owned by third parties. The Floaters and the Jackups segments provide contract drilling. It owned and operated an offshore drilling rig fleet of 57 rigs, including two rigs under construction, with drilling operations around the world, as of December 31, 2016. As of December 31, 2016, its rig fleet included eight drill ships, 10 dynamically positioned semisubmersible rigs, three moored semisubmersible rigs and 38 jackup rigs. As of December 31, 2016, of its 59 rigs, 25 were located in the Middle East, Africa and Asia Pacific, 16 were located in North and South America (including Brazil) and 18 were located in Europe and the Mediterranean.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling
  • Sub-Industry: N/A
  • Symbol: NYSE:ESV
  • CUSIP: N/A
  • Web: www.enscoplc.com
Capitalization:
  • Market Cap: $2.22 billion
  • Outstanding Shares: 432,860,000
Average Prices:
  • 50 Day Moving Avg: $5.33
  • 200 Day Moving Avg: $6.01
  • 52 Week Range: $4.10 - $12.04
P/E:
  • Trailing P/E Ratio: 32.00
  • Foreward P/E Ratio: -7.31
  • P/E Growth: 0.15
Sales & Book Value:
  • Annual Revenue: $1.98 billion
  • Price / Sales: 1.12
  • Book Value: $26.93 per share
  • Price / Book: 0.19
Dividend:
  • Annual Dividend: $0.04
  • Dividend Yield: 0.8%
Profitability:
  • EBITDA: $716.6 million
  • Net Margins: 2.68%
  • Return on Equity: 0.77%
  • Return on Assets: 0.45%
Debt:
  • Debt-to-Equity Ratio: 0.58%
  • Current Ratio: 5.03%
  • Quick Ratio: 5.03%
Misc:
  • Average Volume: 17.61 million shs.
  • Beta: 1.75
  • Short Ratio: 2.9
 

Frequently Asked Questions for Ensco Plc (NYSE:ESV)

What is Ensco Plc's stock symbol?

Ensco Plc trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESV."

How often does Ensco Plc pay dividends? What is the dividend yield for Ensco Plc?

Ensco Plc declared a quarterly dividend on Tuesday, August 29th. Investors of record on Monday, September 11th will be given a dividend of $0.01 per share on Friday, September 22nd. This represents a $0.04 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Friday, September 8th. View Ensco Plc's Dividend History.

How were Ensco Plc's earnings last quarter?

Ensco Plc (NYSE:ESV) announced its quarterly earnings results on Thursday, July, 27th. The company reported ($0.10) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.12) by $0.02. The business had revenue of $457.50 million for the quarter, compared to the consensus estimate of $453.48 million. Ensco Plc had a return on equity of 0.77% and a net margin of 2.68%. The firm's revenue was down 49.7% on a year-over-year basis. During the same period last year, the firm posted $2.04 earnings per share. View Ensco Plc's Earnings History.

When will Ensco Plc make its next earnings announcement?

Ensco Plc is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Ensco Plc.

Where is Ensco Plc's stock going? Where will Ensco Plc's stock price be in 2017?

21 equities research analysts have issued 12-month price objectives for Ensco Plc's stock. Their forecasts range from $4.00 to $15.00. On average, they expect Ensco Plc's stock price to reach $8.66 in the next year. View Analyst Ratings for Ensco Plc.

What are analysts saying about Ensco Plc stock?

Here are some recent quotes from research analysts about Ensco Plc stock:

  • 1. According to Zacks Investment Research, "Since 2016, cash flow from core operations for Ensco has been declining steeply with no sign of improvement. Also, the company’s balance sheet started to show declining cash balances reflecting weak financials. We believe that reduced rig operating days following lower utilization of floaters continues to hurt Ensco’s net cashflow. Average dayrates for the company’s rigs also deteriorated during second quarter, supported deteriorating cashflow. Eventually, the company is paying dividend yield much lesser than Zacks Oil Drilling industry. All those weaknesses are reflected in Ensco’s unimpressive pricing chart snapshot. Over the past year, the company fell 33.1%, underperforming the industry’s 22.4% decline." (10/12/2017)
  • 2. Evercore ISI analysts commented, " We expect Ensco to continue generating strong cash flow from operations over the next couple of years as the offshore drilling market works through the extended downcycle, although FCF may turn negative for a quarter or two if the company ramps up capex to upgrade existing assets or reactivate preservation stacked floaters. The offshore sector has reached a different point of the cycle and Ensco is positioning itself for the eventual recovery. Meanwhile, Ensco retains full access to its $2.25 billion revolver for potential acquisitions of distressed assets or small 6-to-10 rig companies. Our 2018 estimates assumes Ensco reactivates one floater at 50% utilization and a $275kpd operating dayrate. We continue to rate the company Outperform with a $14 price target based on an 8.4x target multiple on our 2019 EBITDA estimate." (3/3/2017)
  • 3. Jefferies Group LLC analysts commented, "Much higher opex guidance and reference to some expenses being incurred on a preservation stacked rig lead us to believe that ESV has its sights on a term floater fixture, and that it sees a steady stream of jackup awards forthcoming. Economics are likely to be poor (and near-term it hits our numbers), but it positions the company better long-term. ESV is our preferred Hold on contracting momentum and reasonable valuation (we see modest upside to fair value)." (3/1/2017)

Are investors shorting Ensco Plc?

Ensco Plc saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 93,970,860 shares, an increase of 8.4% from the September 15th total of 86,659,476 shares. Based on an average daily trading volume, of 19,570,093 shares, the short-interest ratio is currently 4.8 days. Currently, 31.1% of the shares of the stock are sold short.

Who are some of Ensco Plc's key competitors?

Who are Ensco Plc's key executives?

Ensco Plc's management team includes the folowing people:

  • Carl G. Trowell, President, Chief Executive Officer, Director
  • Jonathan Baksht, Chief Financial Officer, Senior Vice President
  • Patrick Carey Lowe, Chief Operating Officer, Executive Vice President
  • Michael T. McGuinty, Senior Vice President, General Counsel, Secretary
  • Steven J. Brady, Senior Vice President - Eastern Hemisphere
  • John Stokes Knowlton, Senior Vice President - Technical
  • Gilles Luca, Senior Vice President - Western Hemisphere
  • Paul E. Rowsey III, Non-Executive Independent Chairman of the Board
  • James Roderick Clark, Independent Director
  • Roxanne J. Decyk, Independent Director

Who owns Ensco Plc stock?

Ensco Plc's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.26%) and State Treasurer State of Michigan (0.04%). Company insiders that own Ensco Plc stock include James W Swent III and Robert W Edwards III. View Institutional Ownership Trends for Ensco Plc.

Who sold Ensco Plc stock? Who is selling Ensco Plc stock?

Ensco Plc's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V. and State Treasurer State of Michigan. View Insider Buying and Selling for Ensco Plc.

How do I buy Ensco Plc stock?

Shares of Ensco Plc 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 Ensco Plc's stock price today?

One share of Ensco Plc stock can currently be purchased for approximately $5.12.


MarketBeat Community Rating for Ensco Plc (NYSE ESV)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  417 (Vote Outperform)
Underperform Votes:  708 (Vote Underperform)
Total Votes:  1,125
MarketBeat's community ratings are surveys of what our community members think about Ensco Plc 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.

Analyst Ratings

Consensus Ratings for Ensco Plc (NYSE:ESV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 7 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $8.66 (69.16% upside)
Consensus Price Target History for Ensco Plc (NYSE:ESV)
Price Target History for Ensco Plc (NYSE:ESV)
Analysts' Ratings History for Ensco Plc (NYSE:ESV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/22/2017Piper Jaffray CompaniesReiterated RatingBuy$6.10N/AView Rating Details
10/19/2017FBR & CoReiterated RatingHoldN/AView Rating Details
10/18/2017Cowen and CompanySet Price TargetHold$4.00N/AView Rating Details
10/19/2017HSBC Holdings plcInitiated CoverageBuy -> Buy$7.30N/AView Rating Details
10/17/2017BMO Capital MarketsSet Price TargetHold$5.00N/AView Rating Details
10/13/2017Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$8.00N/AView Rating Details
10/10/2017Deutsche Bank AGInitiated CoverageHold$6.00N/AView Rating Details
9/30/2017Nordea Equity ResearchReiterated RatingBuy$8.00MediumView Rating Details
7/18/2017Jefferies Group LLCReiterated RatingHold$9.00 -> $6.00MediumView Rating Details
7/12/2017Seaport Global SecuritiesReiterated RatingSellLowView Rating Details
6/30/2017Bank of America CorporationDowngradeNeutral -> Underperform$7.00 -> $5.00MediumView Rating Details
5/30/2017Clarkson CapitalUpgradeNeutral -> Buy$10.00HighView Rating Details
4/27/2017Barclays PLCReiterated RatingSell$8.00HighView Rating Details
3/23/2017Tudor PickeringInitiated CoverageHoldLowView Rating Details
3/22/2017ScotiabankSet Price TargetBuy$13.00LowView Rating Details
3/3/2017Evercore ISIBoost Price TargetBuy$13.00 -> $14.00N/AView Rating Details
2/28/2017Credit Suisse GroupSet Price TargetBuy$15.00N/AView Rating Details
1/24/2017Capital One Financial CorporationUpgradeEqual Weight -> OverweightN/AView Rating Details
1/11/2017Citigroup Inc.UpgradeNeutral -> Buy$9.00 -> $15.00N/AView Rating Details
12/1/2016Sanford C. BernsteinInitiated CoverageOutperform$12.50N/AView Rating Details
11/30/2016KeyCorpReiterated RatingHoldN/AView Rating Details
9/19/2016Zephirin GroupUpgradeHold -> Buy$12.00N/AView Rating Details
9/15/2016Howard WeilReiterated RatingSector OutperformN/AView Rating Details
9/14/2016Scotia Howard WeillInitiated CoverageOutperform$10.00 -> $10.00N/AView Rating Details
8/16/2016NomuraSet Price TargetSell$6.00N/AView Rating Details
7/19/2016DNB MarketsDowngradeHold -> SellN/AView Rating Details
6/28/2016Susquehanna Bancshares IncUpgradeNegative -> NeutralN/AView Rating Details
6/13/2016Johnson RiceUpgradeHold -> AccumulateN/AView Rating Details
5/20/2016J P Morgan Chase & CoReiterated RatingUnderweightN/AView Rating Details
4/15/2016Morgan StanleyUpgradeUnderweight -> Equal Weight$10.00 -> $14.00N/AView Rating Details
2/29/2016KLR GroupReiterated RatingBuy$14.00N/AView Rating Details
2/28/2016Wells Fargo & CompanyDowngradeOutperform -> UnderperformN/AView Rating Details
2/26/2016Iberia CapitalBoost Price TargetSector Perform$9.00 -> $17.00N/AView Rating Details
1/21/2016StephensLower Price Target$18.00 -> $10.00N/AView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$21.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Ensco Plc (NYSE:ESV)
Earnings by Quarter for Ensco Plc (NYSE:ESV)
Earnings History by Quarter for Ensco Plc (NYSE ESV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017($0.09)N/AView Earnings Details
7/27/2017Q2 2017($0.12)($0.10)$453.48 million$457.50 millionViewN/AView Earnings Details
4/27/20173/31/2017($0.10)($0.04)$468.78 million$471.10 millionViewN/AView Earnings Details
2/27/2017Q416$0.05$0.09$505.61 million$505.00 millionViewN/AView Earnings Details
10/26/2016Q3$0.13$0.28$541.65 million$548.00 millionViewN/AView Earnings Details
7/27/2016Q216$0.53$2.04$746.55 million$910.00 millionViewN/AView Earnings Details
4/27/2016Q116$0.76$0.74$792.95 million$814.00 millionViewN/AView Earnings Details
2/24/2016Q415$0.73$0.92$869.59 million$828.30 millionViewListenView Earnings Details
7/29/2015Q215$1.05$1.18$1.05 billion$1.06 billionViewListenView Earnings Details
4/29/2015Q115$1.29$1.49$1.13 billion$1.13 billionViewN/AView Earnings Details
2/25/2015Q414$1.38$1.68$1.16 billion$1.16 billionViewListenView Earnings Details
10/29/2014Q314$1.62$1.87$1.23 billion$1.26 billionViewN/AView Earnings Details
7/30/2014Q214$1.32$1.58$1.22 billion$1.20 billionViewN/AView Earnings Details
4/28/2014Q114$1.21$1.31$534.41 million$1.19 billionViewN/AView Earnings Details
2/20/2014Q4$1.65$1.56$1.29 billion$1.26 billionViewListenView Earnings Details
10/24/2013Q313$1.62$1.62$1.28 billion$1.27 billionViewListenView Earnings Details
7/29/2013Q2 2013$1.49$1.55$1.24 billion$1.25 billionViewListenView Earnings Details
4/29/2013Q1 2013$1.29$1.36$1.14 billion$1.15 billionViewListenView Earnings Details
10/31/2012Q312$1.30$1.48$1.10 billion$1.12 billionViewN/AView Earnings Details
7/26/2012$1.25$1.47ViewN/AView Earnings Details
4/20/2011$0.47$0.45ViewN/AView Earnings Details
2/24/2011$0.70$0.90ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ensco Plc (NYSE:ESV)
2017 EPS Consensus Estimate: ($0.33)
2018 EPS Consensus Estimate: ($0.55)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.12)$0.11($0.01)
Q2 20174($0.33)$0.09($0.13)
Q3 20174($0.17)$0.02($0.09)
Q4 20174($0.26)($0.03)($0.11)
Q1 20182($0.12)($0.05)($0.09)
Q2 20182($0.13)($0.11)($0.12)
Q3 20182($0.19)($0.18)($0.19)
Q4 20182($0.21)($0.11)($0.16)
Q1 20191($0.18)($0.18)($0.18)
Q2 20191($0.19)($0.19)($0.19)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ensco Plc (NYSE:ESV)
Most Recent Dividend:9/22/2017
Annual Dividend:$0.04
Dividend Yield:0.78%
Dividend Growth:-76.30% (3 Year Average)
Payout Ratio:23.53% (Trailing 12 Months of Earnings)
-10.53% (Based on This Year's Estimates)
-5.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ensco Plc (NYSE:ESV)

Dividend History by Quarter for Ensco Plc (NYSE ESV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/29/2017quarterly$0.010.94%9/8/20179/11/20179/22/2017
5/22/2017quarterly$0.010.63%6/1/20176/5/20176/16/2017
2/21/2017quarterly$0.010.39%3/2/20173/6/20173/17/2017
11/8/2016quarterly$0.010.49%12/1/201612/5/201612/16/2016
8/23/2016quarterly$0.010.5%8/31/20169/2/20169/16/2016
5/23/2016quarterly$0.010.4%6/2/20166/6/20166/17/2016
2/24/2016quarterly$0.010.48%3/3/20163/7/20163/18/2016
11/10/2015quarterly$0.153.62%12/3/201512/7/201512/18/2015
8/18/2015quarterly$0.153.72%9/2/20159/4/20159/18/2015
5/19/2015quarterly$0.156/4/20156/8/20156/19/2015
2/25/2015quarterly$0.152.45%3/5/20153/9/20153/20/2015
11/11/2014quarterly$0.757.64%12/4/201412/8/201412/19/2014
8/19/2014quarterly$0.755.94%9/4/20149/8/20149/19/2014
5/19/2014quarterly$0.755.65%6/5/20146/9/20146/20/2014
2/26/2014quarterly$0.755.69%3/6/20143/10/20143/21/2014
11/5/2013quarterly$0.755%12/5/201312/9/201312/20/2013
2/26/2013quarterly$0.503.33%3/7/20133/11/20133/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ensco Plc (NYSE:ESV)
Insider Ownership Percentage: 0.59%
Institutional Ownership Percentage: 91.56%
Insider Trades by Quarter for Ensco Plc (NYSE:ESV)
Institutional Ownership by Quarter for Ensco Plc (NYSE:ESV)
Insider Trades by Quarter for Ensco Plc (NYSE:ESV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2015Robert W Edwards IIIVPSell1,500$16.22$24,330.00View SEC Filing  
11/2/2015James W Swent IIICFOSell59,189$17.81$1,054,156.09View SEC Filing  
6/23/2015James W Swent IIICFOSell50,000$22.73$1,136,500.00View SEC Filing  
9/8/2014Carl TrowellCEOBuy2,200$47.04$103,488.00View SEC Filing  
6/6/2014Steven Joseph BradyVPSell4,869$51.87$252,555.03View SEC Filing  
6/3/2014John Stokes KnowltonVPSell7,500$53.40$400,500.00View SEC Filing  
5/22/2014Daniel Wayne RabunChairmanSell50,000$51.58$2,579,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ensco Plc (NYSE:ESV)
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Chart

Ensco Plc (ESV) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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