Ensco 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 & Exploration
- Sub-Industry: N/A
- Symbol: NYSE:ESV
- CUSIP: N/A
- Web: www.enscoplc.com
Capitalization:- Market Cap: $2.03 billion
- Outstanding Shares: 303,549,000
Average Prices:- 50 Day Moving Avg: $7.99
- 200 Day Moving Avg: $9.35
- 52 Week Range: $6.50 - $12.04
P/E:- Trailing P/E Ratio: 2.94
- Foreward P/E Ratio: -12.64
- P/E Growth: 0.57
Sales & Book Value:- Annual Revenue: $2.43 billion
- Price / Sales: 0.84
- Book Value: $27.08 per share
- Price / Book: 0.25
Dividend:- Annual Dividend: $0.04
- Dividend Yield: 0.6%
Profitability:- EBIDTA: $1.1 billion
- Net Margins: -52.28%
- Return on Equity: 8.58%
- Return on Assets: 4.57%
Debt:- Debt-to-Equity Ratio: 0.59%
- Current Ratio: 4.18%
- Quick Ratio: 4.18%
Misc:- Average Volume: 9.86 million shs.
- Beta: 1.74
- Short Ratio: 2.74
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 announced a quarterly dividend on Monday, May 22nd. Shareholders of record on Monday, June 5th will be given a dividend of $0.01 per share on Friday, June 16th. This represents a $0.04 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Thursday, June 1st. View Ensco Plc's Dividend History.
How were Ensco Plc's earnings last quarter?
Ensco Plc (NYSE:ESV) posted its quarterly earnings data on Thursday, April, 27th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.10) by $0.06. The company had revenue of $471.10 million for the quarter, compared to analyst estimates of $468.78 million. Ensco Plc had a positive return on equity of 8.58% and a negative net margin of 52.28%. View Ensco Plc's Earnings History.
When will Ensco Plc make its next earnings announcement?
Where is Ensco Plc's stock going? Where will Ensco Plc's stock price be in 2017?
22 brokerages have issued 1 year price targets for Ensco Plc's shares. Their predictions range from $6.00 to $15.00. On average, they expect Ensco Plc's stock price to reach $11.17 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. 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)
- 2. 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)
- 3. According to Zacks Investment Research, "Oil and natural gas driller Ensco plc reported stable numbers in the second quarter of 2016 beating both the revenue and profit estimates. However as the company is expected to experience increased downtime in 2016, we believe it will impact utilization rates adversely in the coming quarters and thus, lower revenues. Additionally, the outlook for floater demand in the future looks duller than ever with depressed oil prices. Moreover, as crude remains weak, top energy companies are expected to cut spending (particularly on the costly upstream projects) due to lower profit margins. This, in turn, means less work for contract drillers like Ensco." (8/3/2016)
Are investors shorting Ensco Plc?
Ensco Plc saw a increase in short interest in April. As of April 28th, there was short interest totalling 33,925,284 shares, an increase of 12.7% from the April 13th total of 30,093,260 shares. Based on an average trading volume of 9,120,818 shares, the days-to-cover ratio is currently 3.7 days. Approximately 11.2% of the shares of the company are short sold.
Who are some of Ensco Plc's key competitors?
Some companies that are related to Ensco Plc include Vermilion Energy (VET), Transocean LTD (RIG), Patterson-UTI Energy (PTEN), Whiting Petroleum Corp (WLL), Nabors Industries (NBR), Enerplus Corp (ERF), Diamond Offshore Drilling (DO), Rowan Companies PLC (RDC), Advantage Oil & Gas Ltd (AAV), Noble (NE), Unit (UNT), Penn West Petroleum Ltd (PWE), SandRidge Energy (SD), Halcon Resources (HK), Geopark Ltd (GPRK), Atwood Oceanics (ATW), Pengrowth Energy Corp (PGH) and W&T Offshore (WTI).
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 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 number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.97%), BlackRock Inc. (8.70%), FMR LLC (4.89%), State Street Corp (3.93%), Renaissance Technologies LLC (2.28%) and Dimensional Fund Advisors LP (2.06%). 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 Vanguard Group Inc., Renaissance Technologies LLC, Prudential Financial Inc., Wellington Management Group LLP, Gotham Asset Management LLC, State Street Corp, First Trust Advisors LP and Credit Agricole S A. View Insider Buying and Selling for Ensco Plc.
Who bought Ensco Plc stock? Who is buying Ensco Plc stock?
Ensco Plc's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Dimensional Fund Advisors LP, RidgeWorth Capital Management LLC, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Snow Capital Management LP and Bridgewater Associates LP. 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 $6.70.
MarketBeat Community Rating for Ensco Plc (NYSE ESV)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.
Earnings History for Ensco Plc (NYSE:ESV)Earnings History by Quarter for Ensco Plc (NYSE:ESV)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/25/2017 | | | | | | | | |
| 4/27/2017 | 3/31/2017 | ($0.10) | ($0.04) | $468.78 million | $471.10 million | View | N/A |  |
| 2/27/2017 | Q416 | $0.05 | $0.09 | $505.61 million | $505.00 million | View | N/A | |
| 10/26/2016 | Q3 | $0.13 | $0.28 | $541.65 million | $548.00 million | View | N/A | |
| 7/27/2016 | Q216 | $0.53 | $2.04 | $746.55 million | $910.00 million | View | N/A | |
| 4/27/2016 | Q116 | $0.76 | $0.74 | $792.95 million | $814.00 million | View | N/A | |
| 2/24/2016 | Q415 | $0.73 | $0.92 | $869.59 million | $828.30 million | View | Listen | |
| 7/29/2015 | Q215 | $1.05 | $1.18 | $1.05 billion | $1.06 billion | View | Listen | |
| 4/29/2015 | Q115 | $1.29 | $1.49 | $1.13 billion | $1.13 billion | View | N/A | |
| 2/25/2015 | Q414 | $1.38 | $1.68 | $1.16 billion | $1.16 billion | View | Listen | |
| 10/29/2014 | Q314 | $1.62 | $1.87 | $1.23 billion | $1.26 billion | View | N/A | |
| 7/30/2014 | Q214 | $1.32 | $1.58 | $1.22 billion | $1.20 billion | View | N/A | |
| 4/28/2014 | Q114 | $1.21 | $1.31 | $534.41 million | $1.19 billion | View | N/A | |
| 2/20/2014 | Q4 | $1.65 | $1.56 | $1.29 billion | $1.26 billion | View | Listen | |
| 10/24/2013 | Q313 | $1.62 | $1.62 | $1.28 billion | $1.27 billion | View | Listen | |
| 7/29/2013 | Q2 2013 | $1.49 | $1.55 | $1.24 billion | $1.25 billion | View | Listen | |
| 4/29/2013 | Q1 2013 | $1.29 | $1.36 | $1.14 billion | $1.15 billion | View | Listen | |
| 10/31/2012 | Q312 | $1.30 | $1.48 | $1.10 billion | $1.12 billion | View | N/A | |
| 7/26/2012 | | $1.25 | $1.47 | | | View | N/A | |
| 4/20/2011 | | $0.47 | $0.45 | | | View | N/A | |
| 2/24/2011 | | $0.70 | $0.90 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ensco Plc (NYSE:ESV)2017 EPS Consensus Estimate: ($0.06)
2018 EPS Consensus Estimate: ($0.40)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | ($0.12) | $0.11 | ($0.01) |
| Q2 2017 | 4 | ($0.06) | $0.09 | $0.00 |
| Q3 2017 | 4 | ($0.08) | $0.02 | ($0.01) |
| Q4 2017 | 4 | ($0.11) | $0.02 | ($0.04) |
| Q1 2018 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q2 2018 | 1 | ($0.10) | ($0.10) | ($0.10) |
| Q3 2018 | 1 | ($0.17) | ($0.17) | ($0.17) |
| Q4 2018 | 1 | ($0.10) | ($0.10) | ($0.10) |
(Data provided by Zacks Investment Research)
Current Dividend Information for Ensco Plc (NYSE:ESV)| Next Dividend: | 6/16/2017 |
| Annual Dividend: | $0.04 |
| Dividend Yield: | 0.60% |
| Dividend Growth: | -76.30% (3 Year Average) |
| Payout Ratio: | -0.53% (Trailing 12 Months of Earnings)
-15.38% (Based on This Year's Estimates)
-7.55% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Ensco Plc (NYSE:ESV)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/22/2017 | quarterly | $0.01 | | 6/1/2017 | 6/5/2017 | 6/16/2017 |
| 2/21/2017 | quarterly | $0.01 | 0.39% | 3/2/2017 | 3/6/2017 | 3/17/2017 |
| 11/8/2016 | quarterly | $0.01 | 0.49% | 12/1/2016 | 12/5/2016 | 12/16/2016 |
| 8/23/2016 | quarterly | $0.01 | 0.5% | 8/31/2016 | 9/2/2016 | 9/16/2016 |
| 5/23/2016 | quarterly | $0.01 | 0.4% | 6/2/2016 | 6/6/2016 | 6/17/2016 |
| 2/24/2016 | quarterly | $0.01 | 0.48% | 3/3/2016 | 3/7/2016 | 3/18/2016 |
| 11/10/2015 | quarterly | $0.15 | 3.62% | 12/3/2015 | 12/7/2015 | 12/18/2015 |
| 8/18/2015 | quarterly | $0.15 | 3.72% | 9/2/2015 | 9/4/2015 | 9/18/2015 |
| 5/19/2015 | quarterly | $0.15 | | 6/4/2015 | 6/8/2015 | 6/19/2015 |
| 2/25/2015 | quarterly | $0.15 | 2.45% | 3/5/2015 | 3/9/2015 | 3/20/2015 |
| 11/11/2014 | quarterly | $0.75 | 7.64% | 12/4/2014 | 12/8/2014 | 12/19/2014 |
| 8/19/2014 | quarterly | $0.75 | 5.94% | 9/4/2014 | 9/8/2014 | 9/19/2014 |
| 5/19/2014 | quarterly | $0.75 | 5.65% | 6/5/2014 | 6/9/2014 | 6/20/2014 |
| 2/26/2014 | quarterly | $0.75 | 5.69% | 3/6/2014 | 3/10/2014 | 3/21/2014 |
| 11/5/2013 | quarterly | $0.75 | 5% | 12/5/2013 | 12/9/2013 | 12/20/2013 |
| 2/26/2013 | quarterly | $0.50 | 3.33% | 3/7/2013 | 3/11/2013 | 3/22/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Ensco Plc (NYSE:ESV)Insider Ownership Percentage: 0.50%
Institutional Ownership Percentage: 88.70%
Insider Trades by Quarter for Ensco Plc (NYSE:ESV)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/23/2015 | Robert W Edwards III | VP | Sell | 1,500 | $16.22 | $24,330.00 | |
| 11/2/2015 | James W Swent III | CFO | Sell | 59,189 | $17.81 | $1,054,156.09 | |
| 6/23/2015 | James W Swent III | CFO | Sell | 50,000 | $22.73 | $1,136,500.00 | |
| 9/8/2014 | Carl Trowell | CEO | Buy | 2,200 | $47.04 | $103,488.00 | |
| 6/6/2014 | Steven Joseph Brady | VP | Sell | 4,869 | $51.87 | $252,555.03 | |
| 6/3/2014 | John Stokes Knowlton | VP | Sell | 7,500 | $53.40 | $400,500.00 | |
| 5/22/2014 | Daniel Wayne Rabun | Chairman | Sell | 50,000 | $51.58 | $2,579,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Ensco Plc (NYSE:ESV)
Latest Headlines for Ensco Plc (NYSE:ESV)
| Source: |
|
| Date | Headline |
|---|
 | Ensco Plc (ESV) Expected to Announce Quarterly Sales of $467.1 Million
www.americanbankingnews.com - May 28 at 10:18 AM |
| Ensco Plc (ESV) Expected to Post Earnings of -$0.08 Per Share
www.americanbankingnews.com - May 26 at 7:36 AM |
| Ensco Plc (ESV) Given a $9.00 Price Target by Jefferies Group LLC Analysts
www.americanbankingnews.com - May 25 at 6:04 PM |
| Ensco Plc (ESV) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 23 at 4:17 PM |
 | So Goldman Sachs Just Upgraded This Offshore Driller…
finance.yahoo.com - May 23 at 12:06 PM |
| Ensco Plc Declares Quarterly Dividend of $0.01 (ESV)
www.americanbankingnews.com - May 22 at 1:54 PM |
 | Finally Some Good News For The Offshore Market
seekingalpha.com - May 22 at 11:42 AM |
 | Is it Worth Holding Ensco plc (ESV) in Your Portfolio? - Nasdaq
www.nasdaq.com - May 19 at 9:51 PM |
| Is it Worth Holding Ensco plc (ESV) in Your Portfolio?
finance.yahoo.com - May 19 at 4:49 PM |
| Ensco Plc (ESV) Short Interest Update
www.americanbankingnews.com - May 14 at 8:46 AM |
| Bridgewater Associates’ Top 3 New Holdings for the 1st Quarter
www.nasdaq.com - May 13 at 4:55 PM |
| Ray Dalio Buys Cliffs Natural Resources Inc, Endo International PLC, Devon Energy Corp, Sells ...
www.nasdaq.com - May 12 at 5:33 PM |
| Understanding Rowan’s Revenue Jump in 1Q17
finance.yahoo.com - May 10 at 7:55 AM |
| ETFs with exposure to Ensco Plc : May 9, 2017
finance.yahoo.com - May 9 at 4:57 PM |
| Ensco on the Street: Analysts’ Reactions to the 1Q17 Results
finance.yahoo.com - May 9 at 8:58 AM |
| Diagnosing Ensco’s Financial Health after 1Q17
finance.yahoo.com - May 8 at 4:56 PM |
| Ensco Plc :ESV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 4:56 PM |
| Ensco’s Expenses: Dissecting the Cost Side
finance.yahoo.com - May 8 at 9:08 AM |
 | Research Reports on Oil & Gas Equities -- Noble, Ensco, Nabors Industries, and Petroleo Brasileiro
www.bizjournals.com - May 5 at 5:16 PM |
| Ensco’s Vision of Offshore Drilling Recovery
finance.yahoo.com - May 5 at 5:16 PM |
| Inside Ensco’s Revenue Fall in 1Q17
finance.yahoo.com - May 5 at 5:16 PM |
| What You Need to Know about Ensco’s Backlog and Contracts
finance.yahoo.com - May 5 at 5:16 PM |
| Ensco: Worth Waiting For $6.50-$7.00 - Seeking Alpha
seekingalpha.com - May 4 at 11:55 AM |
| $467.1 Million in Sales Expected for Ensco Plc (ESV) This Quarter
www.americanbankingnews.com - May 4 at 10:56 AM |
| Favorable Media Coverage Very Likely to Affect Ensco Plc (ESV) Stock Price
www.americanbankingnews.com - May 3 at 8:54 PM |
| Zacks: Analysts Expect Ensco Plc (ESV) Will Announce Earnings of -$0.05 Per Share
www.americanbankingnews.com - May 3 at 12:04 AM |
| Shares of ESV Now Oversold
www.nasdaq.com - May 1 at 4:53 PM |
| Ensco Plc (ESV) Receiving Somewhat Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 30 at 4:11 PM |
| Ensco Plc (ESV) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - April 29 at 12:34 AM |
| Ensco Plc (ESV) Posts Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - April 29 at 12:12 AM |
| Ensco Plc (ESV) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 28 at 11:14 PM |
| Ensco Plc (ESV) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 28 at 6:40 PM |
| Edited Transcript of ESV earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 28 at 7:04 AM |
| Somewhat Favorable Media Coverage Very Likely to Impact Ensco Plc (ESV) Stock Price
www.americanbankingnews.com - April 27 at 8:31 PM |
| Ensco Plc (ESV) Stock Rating Reaffirmed by Barclays PLC
www.americanbankingnews.com - April 27 at 11:26 AM |
| Ensco reports 1Q loss
finance.yahoo.com - April 27 at 11:11 AM |
| Research Analysts Set Expectations for Ensco Plc's Q2 2017 Earnings (ESV)
www.americanbankingnews.com - April 27 at 9:16 AM |
| Q1 2017 EPS Estimates for Ensco Plc (ESV) Lifted by Analyst
www.americanbankingnews.com - April 27 at 7:38 AM |
 | EARNINGS SUMMARY: Details of Ensco plc Q1 Earnings Report
www.rttnews.com - April 26 at 10:38 PM |
| Ensco plc Reports First Quarter 2017 Results
finance.yahoo.com - April 26 at 10:38 PM |
| Analysts’ Views: Ensco’s Short-Term and Long-Term EBITDA
finance.yahoo.com - April 24 at 4:54 PM |
| Ensco (ESV) to Post Q1 Earnings: Is a Beat in the Cards?
finance.yahoo.com - April 24 at 4:54 PM |
| Ensco: Why 3 Analysts Revised Their Recommendations
finance.yahoo.com - April 24 at 4:54 PM |
| Favorable Media Coverage Extremely Likely to Affect Ensco Plc (ESV) Share Price
www.americanbankingnews.com - April 24 at 4:12 PM |
| What to Expect from Ensco’s 1Q17 Results
finance.yahoo.com - April 24 at 8:24 AM |
| Analysts Estimate a 42% Fall in Ensco’s 1Q17 Revenues
finance.yahoo.com - April 24 at 8:24 AM |
| Q1 2017 Earnings Estimate for Ensco Plc Issued By Seaport Global Securities (ESV)
www.americanbankingnews.com - April 24 at 7:26 AM |
| Ensco Plc (ESV) Receiving Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 21 at 7:41 PM |
| Somewhat Positive Press Coverage Extremely Likely to Impact Ensco Plc (ESV) Stock Price
www.americanbankingnews.com - April 18 at 4:18 PM |
| Ensco Plc (ESV) Earns News Impact Score of 0.34
www.americanbankingnews.com - April 15 at 12:57 PM |
Ensco Plc (ESV) Chart for Monday, May, 29, 2017
