ENSCO PLC Company Profile (NYSE:ESV)

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

ENSCO PLC announced 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 dividend yield of 0.74%. 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) EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.06. The business earned $471.10 million during the quarter, compared to the consensus estimate of $468.78 million. ENSCO PLC had a net margin of 28.32% and a return on equity of 3.07%. 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.

21 equities research analysts have issued twelve-month target prices for ENSCO PLC's shares. Their predictions range from $4.00 to $15.00. On average, they anticipate ENSCO PLC's share price to reach $9.63 in the next year. 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 during the month of June. As of June 30th, there was short interest totalling 65,769,944 shares, an increase of 28.0% from the June 15th total of 51,363,240 shares. Based on an average daily volume of 22,434,474 shares, the days-to-cover ratio is currently 2.9 days. Approximately 21.8% of the shares of the company are sold short.

Some companies that are related to ENSCO PLC include Nabors Industries (NBR), Diamond Offshore Drilling (DO), Rowan Companies PLC (RDC), Precision Drilling Corporation (PDS), MAMMOOTH ENERGY (TUSK), Atwood Oceanics (ATW), Seadrill Limited (SDRL), Seadrill Ltd (SDRL), Pioneer Energy Services Corp. (PES), Parker Drilling Company (PKD), Pacific Drilling S.A. (PACD), Pioneer Energy Services Corp (PDC) and Transocean Partners LLC (RIGP).

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

ENSCO PLC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sentinel Trust Co. LBA (0.07%), Aperio Group LLC (0.07%), Sippican Capital Advisors (0.06%), CWM LLC (0.04%), State Treasurer State of Michigan (0.04%) and Cornerstone Investment Partners LLC (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.

ENSCO PLC's stock was sold by a variety of institutional investors in the last quarter, including Cornerstone Investment Partners LLC, Sentinel Trust Co. LBA, Wright Investors Service Inc. and Capstone Asset Management Co.. View Insider Buying and Selling for ENSCO PLC.

ENSCO PLC's stock was bought by a variety of institutional investors in the last quarter, including Aperio Group LLC, Rothschild Investment Corp IL, Hellman Jordan Management Co. Inc. MA, CWM LLC, Sippican Capital Advisors, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC and Louisiana State Employees Retirement System. 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 $5.39.