Ensco PLC

ESV-N

NYSE:ESV

8.19
0.00 (0.00%)
Ensco plc is an offshore drilling contractor headquartered in London, United Kingdom.
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Analysis and Opinions about ESV-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
November 27, 2015

(A Top Pick Nov 24/14. Down 55.81%.) This was probably the deepest cyclical area of the oil space, so he exited in Feb 2015 at $30.

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Ensco PLC (ESV-N)
November 27, 2015

(A Top Pick Nov 24/14. Down 55.81%.) This was probably the deepest cyclical area of the oil space, so he exited in Feb 2015 at $30.

PAST TOP PICK
PAST TOP PICK
June 3, 2015

(A Top Pick May 27/14. Down 49.77%.) Still has a very sound balance sheet and still has lots of deep-sea oil rigs. There is lots of new business coming and they have the most modern rigs. Unfortunately, the market doesn’t care. He had recommended Selling this back in March, take the losses and move on.. When the prices seem to have stabilized, there will be a bunch of companies that need their rigs.

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Ensco PLC (ESV-N)
June 3, 2015

(A Top Pick May 27/14. Down 49.77%.) Still has a very sound balance sheet and still has lots of deep-sea oil rigs. There is lots of new business coming and they have the most modern rigs. Unfortunately, the market doesn’t care. He had recommended Selling this back in March, take the losses and move on.. When the prices seem to have stabilized, there will be a bunch of companies that need their rigs.

COMMENT
COMMENT
March 30, 2015

Sold his holdings in February at around $30. The tough part of investing and the money making part, is making the difficult decisions when things are going against you. A certain part of his business plan is having a certain percentage of being wrong. Successful investors are right about 70% of the time.

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Ensco PLC (ESV-N)
March 30, 2015

Sold his holdings in February at around $30. The tough part of investing and the money making part, is making the difficult decisions when things are going against you. A certain part of his business plan is having a certain percentage of being wrong. Successful investors are right about 70% of the time.

COMMENT
COMMENT
December 17, 2014

Has fallen quite a bit. Longer-term, this as an opportunity to not only recover, but to move up in terms of price. They are a deepwater driller. They have contracted 63% of their deepwater rigs for the next 18 months. The risk is going to be the day rates going forward. If oil stays down at these levels, there is no question that day rates will suffer. 10.3% dividend is high. They probably have the financial capability to pay it, but in this type of environment, a lot of companies would view it as quite responsible to draw back and to cut the dividend somewhat, in order to husband the cash. Feels this stock is okay.

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Ensco PLC (ESV-N)
December 17, 2014

Has fallen quite a bit. Longer-term, this as an opportunity to not only recover, but to move up in terms of price. They are a deepwater driller. They have contracted 63% of their deepwater rigs for the next 18 months. The risk is going to be the day rates going forward. If oil stays down at these levels, there is no question that day rates will suffer. 10.3% dividend is high. They probably have the financial capability to pay it, but in this type of environment, a lot of companies would view it as quite responsible to draw back and to cut the dividend somewhat, in order to husband the cash. Feels this stock is okay.

TOP PICK
TOP PICK
November 24, 2014

(A Top Pick Dec 3/13. Down 28.70%.) There has to be stabilization of oil prices. If that happens, money will start to flow back into the sector. They have very strong fundamentals. Their backlog is growing with over 2 years of revenue in backlog. Grew their backlog last quarter by 10%. In the deepwater area, virtually all of their fleet is contracted out a couple of years. When oil stabilizes, you will start to see companies like this return to normalized multiples. Right now they are trading at about 4X EBITDA which is 30%-40% discount to where it should be trading at.

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Ensco PLC (ESV-N)
November 24, 2014

(A Top Pick Dec 3/13. Down 28.70%.) There has to be stabilization of oil prices. If that happens, money will start to flow back into the sector. They have very strong fundamentals. Their backlog is growing with over 2 years of revenue in backlog. Grew their backlog last quarter by 10%. In the deepwater area, virtually all of their fleet is contracted out a couple of years. When oil stabilizes, you will start to see companies like this return to normalized multiples. Right now they are trading at about 4X EBITDA which is 30%-40% discount to where it should be trading at.

HOLD
HOLD
September 30, 2014

Collect your dividend and they will come back.

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Ensco PLC (ESV-N)
September 30, 2014

Collect your dividend and they will come back.

DON'T BUY
DON'T BUY
September 26, 2014

We had an uptrend until the beginning of 2013 and then it broke down. It is levered and went down with the rest of the group. Let it settle down. It looks like it is trying to make a 52 week low. He thinks it has broken support.

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Ensco PLC (ESV-N)
September 26, 2014

We had an uptrend until the beginning of 2013 and then it broke down. It is levered and went down with the rest of the group. Let it settle down. It looks like it is trying to make a 52 week low. He thinks it has broken support.

TOP PICK
TOP PICK
May 27, 2014

One of the largest offshore oil/gas drilling with one of the newest fleets in the business. Raised its dividend 50% and has a 5.8% yield.

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Ensco PLC (ESV-N)
May 27, 2014

One of the largest offshore oil/gas drilling with one of the newest fleets in the business. Raised its dividend 50% and has a 5.8% yield.

WATCH
WATCH
April 24, 2014

The offshore oil drillers give him some concerns. The oil majors have slowed down. There has been quite a big build of oil rigs. The ultra deep water is where you want to be. From a value point of view this is a good time to look at this category. This is cyclical and it bounces around. You have to buy it correctly. Put it on your radar.

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Ensco PLC (ESV-N)
April 24, 2014

The offshore oil drillers give him some concerns. The oil majors have slowed down. There has been quite a big build of oil rigs. The ultra deep water is where you want to be. From a value point of view this is a good time to look at this category. This is cyclical and it bounces around. You have to buy it correctly. Put it on your radar.

BUY
BUY
March 19, 2014

Likes this. Chart shows it has been affected by the same thing that affected Hornbeck Offshore Services (HOS-N) (see Past Picks). Represents good value. Has one of the youngest fleets. Utilization rates are very high. Making very good money.

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Ensco PLC (ESV-N)
March 19, 2014

Likes this. Chart shows it has been affected by the same thing that affected Hornbeck Offshore Services (HOS-N) (see Past Picks). Represents good value. Has one of the youngest fleets. Utilization rates are very high. Making very good money.

PAST TOP PICK
PAST TOP PICK
January 29, 2014

(A Top Pick Jan 10/13. Down 14.64%.) This area has been out of favour and this company has not escaped that. Likes the company. Have the newest and most recent builds, so utilization rates are very high. Day rates are still quite high. Thinks they will earn about $7.50 a share this year, so trading at a very, very good multiple. Have patience, the market will come back to this.

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Ensco PLC (ESV-N)
January 29, 2014

(A Top Pick Jan 10/13. Down 14.64%.) This area has been out of favour and this company has not escaped that. Likes the company. Have the newest and most recent builds, so utilization rates are very high. Day rates are still quite high. Thinks they will earn about $7.50 a share this year, so trading at a very, very good multiple. Have patience, the market will come back to this.

TOP PICK
TOP PICK
December 3, 2013

A deepwater driller. They were 1st in the new build cycle. They bought Pride International, a deepwater driller, at a very good time and then they spent a lot of money on new equipment, which increases day rates and utilization rates. Have pretty much finished their new build cycle and the cash flow is starting to really ramp up. Thinks that by 2016, they will be producing $1.5 billion of free cash flow a year. Yield of 5.06%.

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Ensco PLC (ESV-N)
December 3, 2013

A deepwater driller. They were 1st in the new build cycle. They bought Pride International, a deepwater driller, at a very good time and then they spent a lot of money on new equipment, which increases day rates and utilization rates. Have pretty much finished their new build cycle and the cash flow is starting to really ramp up. Thinks that by 2016, they will be producing $1.5 billion of free cash flow a year. Yield of 5.06%.

TOP PICK
TOP PICK
October 28, 2013

Second-biggest offshore oil driller. Acquired Pride International a couple of years ago so they got a whole bunch of floaters (drill ships and semi-submersibles) so they have one of the youngest fleets. 60% plus margins. Day rates have gone up 50% since they did that deal. AAA rated. Good play on continued deepwater exploration, especially in Africa and Brazil. 3.45% dividend yield.

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Ensco PLC (ESV-N)
October 28, 2013

Second-biggest offshore oil driller. Acquired Pride International a couple of years ago so they got a whole bunch of floaters (drill ships and semi-submersibles) so they have one of the youngest fleets. 60% plus margins. Day rates have gone up 50% since they did that deal. AAA rated. Good play on continued deepwater exploration, especially in Africa and Brazil. 3.45% dividend yield.

PAST TOP PICK
PAST TOP PICK
May 8, 2013

(Top Pick May 9/12, Up 30.91%)

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Ensco PLC (ESV-N)
May 8, 2013

(Top Pick May 9/12, Up 30.91%)

TOP PICK
TOP PICK
January 10, 2013

Second-largest deepwater driller. One of the youngest fleets in the industry. Day rates and utilization rates are going up. Good place to be. 2.43% yield.

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Ensco PLC (ESV-N)
January 10, 2013

Second-largest deepwater driller. One of the youngest fleets in the industry. Day rates and utilization rates are going up. Good place to be. 2.43% yield.

Showing 1 to 15 of 16 entries

Ensco PLC(ESV-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Ensco PLC is calculated according to the stock expert’s signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ensco PLC(ESV-N) Frequently Asked Questions

What is Ensco PLC stock symbol?

Ensco PLC is a American stock, trading under the symbol ESV-N on the New York Stock Exchange (ESV). It is usually referred to as NYSE:ESV or ESV-N

Is Ensco PLC a buy or a sell?

In the last 1 year, there was no coverage of Ensco PLC published on Stockchase.

Is Ensco PLC a good investment or a top pick?

Ensco PLC was recommended as a Top Pick by Gordon Reid on 2015-11-27. Read the latest stock experts ratings for Ensco PLC.

Why is Ensco PLC stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ensco PLC worth watching?

In the last 1 year, there was no coverage of Ensco PLC published on Stockchase.

What is Ensco PLC stock price?

On 2019-07-31, Ensco PLC (ESV-N) stock closed at a price of $8.19.