Ensco Plc Company Profile (NYSE:ESV)

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

Ensco Plc declared a quarterly dividend on Monday, May 22nd. Investors 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 of this dividend is Thursday, June 1st. View Ensco Plc's Dividend History.

Ensco Plc (NYSE:ESV) announced its quarterly earnings results on Thursday, April, 27th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.06. The company earned $471.10 million during the quarter, compared to analysts' expectations of $468.78 million. Ensco Plc had a negative net margin of 52.28% and a positive return on equity of 8.58%. View Ensco Plc's Earnings History.

Ensco Plc is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Ensco Plc.

22 equities research analysts have issued 12 month price objectives for Ensco Plc's stock. Their forecasts range from $6.00 to $15.00. On average, they expect Ensco Plc's stock price to reach $11.17 in the next twelve months. View Analyst Ratings for Ensco Plc.

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)

Ensco Plc saw a increase in short interest in the month of 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 daily volume of 9,120,818 shares, the days-to-cover ratio is presently 3.7 days. Currently, 11.2% of the shares of the company are sold short.

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).

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

Ensco Plc's stock is owned by a number of of institutional and retail investors. Top institutional investors 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.

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.

Ensco Plc's stock was purchased 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.

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.

One share of Ensco Plc stock can currently be purchased for approximately $6.70.