Ensco
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How Safe Are the Dividends of These 3 Oil Drillers?
By Rupert Hargreaves - June 17, 2013 | Tickers: ESV, HP, NBR
Personally, I believe that one of the cheapest sectors in the market right now is the oil services sector, including oil and gas drilling companies. Recently, these drillers have been sold-off as investors are concerned that the the number of hydrocarbon wells being drilled in the US is starting to fall, as the shale oil boom could be reaching its peak.
However, these companies could be due for a positive more »
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Why This Driller Looks Attractive Despite Its Recent Rally
By Piyush Arora - June 10, 2013 | Tickers: ESV, SDRL, RIG
Crude prices have been hovering over the $100 mark for most part of the year, which has made oil exploration a profitable affair (again). But hydrocarbon land reserves are depleting while inflationary pressures are adding up. This has made exploration of high margin oil fields, almost a necessity. This is one of the reasons why Seadrill (NYSE: SDRL) has been growing rapidly, despite having a debt ridden balance sheet.
Hefty more »
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These 3 Oil and Gas Drillers Offer Yield and Value
By Ryan Glosier - June 9, 2013 | Tickers: ESV, SDRL, RIG
One sector that the market may be undervaluing amid the run-up in stock prices year-to-date is oil and gas exploration and drilling names. A scan searching for large-cap stocks yielding more than 3% and trading at a forward P/E of less than 15 and a PEG ratio of less than 1 turned up 10 different names. Of them, three were oil and gas exploration and drilling companies.
These stocks more »
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Suddenly This Becomes a Dividend Play
By Mark Holder - June 7, 2013 | Tickers: ESV, HP, NBR, RIG
Prior to June 5, Helmerich & Payne (NYSE: HP) was seen as a solidly run contract drilling firm with a small dividend. The company made a surprising announcement that it would dramatically increase the yield making the stock interesting for the yield now. Or maybe it wasn’t that surprising considering the expected influx of cash and a strong balance sheet.
The company operates primarily as a contract drilling firm with more »
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As Brent Stays Over $100, the Deepwater Drillers Remain Attractive
By Mark Holder - June 3, 2013 | Tickers: ATW, ESV, NE, PACD
While investors remain focused on surging domestic oil production, the market is missing that global oil prices remain high. With Brent trading over $100, the deepwater drillers provide attractive investment options with PE ratios below 10.
Some of the leading drillers include Ensco (NYSE: ESV), Noble (NYSE: NE), and Atwood Oceanics (NYSE: ATW) along with speculative Pacific Drilling (NYSE: PACD). Other investors may prefer the high yielding SeaDrill Limited or more »
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Greenlight Capital's Dividend Stock Picks
By Aubrey Tabuga - May 10, 2013 | Tickers: AET, ESV, MSFT, STX
Greenlight Capital is a fund-management firm led by David Einhorn, one of the most successful managers of the past decade. Despite Greenlight's rather low return of 6.1% in the first quarter compared to the S&P 500’s 10%, the firm’s performance has been on par with that of many rivals, including William Ackman’s Pershing Square Capital. The manager’s picks in terms of dividend stocks more »
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Buy This Offshore Driller for Major Dividend Upside
By Piyush Arora - April 28, 2013 | Tickers: ESV, SDRL, RIG
Shares of offshore drilling companies have been under pressure lately, mainly due to weaker oil prices and ordinary guidance provided by National Oilwell. But with the recovering major global economies and the political standoffs in Middle East, crude prices are expected to head north over the longer run.
Naturally, oil exploration activities would follow crude prices, and the leading drilling companies including Seadrill (NYSE: SDRL), Ensco. (NYSE: ESV) and Transocean more »
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Hedge Fund Takes 8.3% Stake in This Offshore Driller
By Meena Krishnamsetty - April 21, 2013 | Tickers: ESV, NE, RIG
According to a 13G filed with the SEC, Jeffrey Tannenbaum’s Fir Tree owned 21 million shares of Noble Corp (NYSE: NE), a $9.1 billion market cap contract offshore driller operating globally. This looks to have been a very big move for Fir Tree: the hedge fund had not owned any shares of Noble as of the end of December, per its 13F filing, and the size of this more »
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Hedge Fund Takes 8.3 % Stake in This Offshore Driller
By Meena Krishnamsetty - April 17, 2013 | Tickers: ESV, NE, RIG
According to a 13G filed with the SEC, Jeffrey Tannenbaum’s Fir Tree owned 21 million shares of Noble Corp (NYSE: NE), a $9.1 billion market cap contract offshore driller operating globally. This looks to have been a very big move for Fir Tree: the hedge fund had not owned any shares of Noble as of the end of December, per its 13F filing, and the size of this more »
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A Potential 8% Yield for Transocean
By Anh HOANG - April 12, 2013 | Tickers: ESV, NE, RIG
Carl Icahn, one of the most famous billionaire activist investors in the world, has accumulated more than 20.1 million shares in one of the biggest global drilling-services companies in the world, Transocean (NYSE: RIG). At the moment, he is the owner of an approximate 5.4% stake in this company.
Icahn recently sent an open letter to the company’s shareholders, urging them to vote for his proposal to more »
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Dividend Stock Ideas From Todd Veredus' Portfolio
By Aubrey Tabuga - April 12, 2013 | Tickers: BLK, ESV, PM, UNP
If you are on the lookout for solid dividend growth and great fundamentals, consider these dividend stocks I picked from the portfolio of Todd Veredus Asset Management, a fund with over $3 billion in assets under management.
These stocks’ annualized dividend payments have been growing at double-digit rates. Their performances in terms of revenue growth and profitability are all impressive. Most have a payout ratio below 40% based on cash more »
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Dividend Stocks Ideas from Todd Veredus Portfolio
By Aubrey Tabuga - April 9, 2013 | Tickers: BLK, ESV, PM, UNP
If you are on the lookout for solid dividend growth performances and great fundamental conditions, consider these dividend stocks I picked from the portfolio of Todd Veredus Asset Management Llc, a fund manager with over $3 billion assets under management. These stocks’ annualized dividend payments have been growing at double-digit rates. Their performances in terms of revenue growth and profitability are all impressive. All have below 40% payout ratio based more »
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A Potential 8% Yield for Transocean
By Anh HOANG - April 8, 2013 | Tickers: ESV, NE, RIG
Carl Icahn, the most famous billionaire activist investor, has accumulated more than 20.1 million shares in one of the biggest global drilling services company, Transocean (NYSE: RIG). At the current moment, he is the owner of around 5.43% stake in this company. Several days ago, he sent an open letter to the company’s shareholders, urging them to vote for his proposal to increase the dividend payment to more »
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5 Cheap Stocks With High-Growth and High-Yield
By Meena Krishnamsetty - April 5, 2013 | Tickers: CA, ESV, HRS, IAG, MSFT
Historical evidence suggests that over a long period of time, value stocks beat growth stocks, and on the whole, dividend-growth stocks beat the overall market. Thus, it may be assumed that stocks that combine the characteristics of both value and high-dividend growth stand a good chance to outperform Mr. Market in the long run. This assumption about value stocks’ outperformance versus growth and core stocks is supported by empirical research more »
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Dividend Stocks You Should Buy This Month
By Madhu Dube - April 3, 2013 | Tickers: ESV, NBR, RIG
According to the Energy Information Administration (EIA), global per-barrel oil prices will fall below $100 by the end of 2014. Additionally, the US oil imports will reduce to half of the mid-2000 level. This decline in imports is an indicator to the upsurge in the domestic oil production. The US per-day oil production in 2014, could reach its highest level in the past two-and-a-half decades. This gives a good growth more »
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Looking at Seadrill With a SWOT Analysis
By Fani Kelesidou - March 25, 2013 | Tickers: ESV, NE, SDRL, RIG
You can easily figure out a company's "raison d'etre" just by taking a look at its mission statement. However, if you wish to dig deeper into its business and examine whether or not it lives up to its initial promise, a SWOT analysis should do the trick.
Seadrill's (NYSE: SDRL) ultimate goal is to become “the world's most important partner in making oil and gas available more »
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Billionaire David Tepper Thinks Stocks Can Gain 20% in 2013—Here’s How to Play It
By Meena Krishnamsetty - March 20, 2013 | Tickers: ESV, FCX, IP, M, MET
Billionaire hedge fund manager David Tepper runs Appaloosa Management, the $15-billion multi-strategy hedge fund. CNBC reports that Tepper is currently “extremely bullish” on the U.S. stock market and predicts the S&P 500 may rise “20% or more by the end of this year.”
Tepper is also particularly bullish about Apple; last quarter, he raised Appaloosa’s stake in the tech giant significantly, making it his hedge fund’s more »
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Atwood Oceanics: Cheap Valuation for the Growth
By Mark Holder - February 28, 2013 | Tickers: ATW, ESV, NE, RIG
It used to be that growth stocks traded at 1x the earnings growth rate. A stock growing at 10% with earnings forecasted at $2 would trade at $20 and in some cases up to 2x that growth rate. In the current climate a stock such as Atwood Oceanics (NYSE: ATW) can trade at virtually half the growth rate.
The company is an under-the-radar global offshore deepwater drilling contractor engaged in more »
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Energy Companies Set to Report Soon
By Damon Churchwell - February 18, 2013 | Tickers: ETP, ESV, HLX
Please look into these three energy-related companies reporting this week:
Helix Energy (NYSE: HLX)
Helix will release fourth-quarter results before the bell on Wednesday, Feb. 20. Earlier this month, the company completed the sale of its oil and gas operation, netting $620 million in cash. Proceeds will be used partly to pay down long-term debt. Additionally, the company has agreements it reached in October 2012 to sell its remaining pipelay more »
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Offshore Drilling Is the Way To Go
By Piyush Arora - February 15, 2013 | Tickers: BP, ESV, SDRL, RIG
Brent crude is priced over the $115 mark again due to Iranian crude import cuts by India and China. Saudi Arabia had promised to ramp up its crude production to meet the shortfall of Iranian crude, but recently cut its production by 700,000 bpd. Moreover, crude demand is expected to grow between 6%-8% annually, and the depleting hydrocarbon resources are putting upward pressure on the commodity.
Oil companies more »
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