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Ensco PLC (ESV.N)

ESV.N on New York Stock Exchange

5.24USD
22 Sep 2017
Change (% chg)

$0.02 (+0.38%)
Prev Close
$5.22
Open
$5.24
Day's High
$5.60
Day's Low
$5.20
Volume
8,046,458
Avg. Vol
3,804,924
52-wk High
$12.04
52-wk Low
$4.11

Latest Key Developments (Source: Significant Developments)

Capital International Investors reports 10.8 pct passive stake in Ensco Plc - SEC filing‍​
Thursday, 10 Aug 2017 03:29pm EDT 

Aug 10 (Reuters) - Capital International Investors::Capital International Investors reports 10.8 percent passive stake in Ensco Plc as of July 31, 2017 - SEC filing‍​.  Full Article

Ensco Plc reports Q2 loss of $0.15 per share
Wednesday, 26 Jul 2017 05:12pm EDT 

July 26 (Reuters) - Ensco Plc :Ensco Plc reports second quarter 2017 results.Ensco Plc says loss of $0.15 per share for Q2 2017.Ensco Plc qtrly revenues were $458 million in Q2 2017 compared to $910 million a year ago.Ensco Plc - ‍Adjusted for items, loss from continuing operations was $0.10 per share in Q2​.Ensco Plc - $3.3 billion of contracted revenue backlog excluding bonus opportunities as of 30 June 2017.Ensco Plc says floaters floater revenues were $264 million in Q2 2017 compared to $636 million a year ago.Ensco Plc - Qtrly reported utilization 56% versus 61% in second quarter 2016‍​.Q2 earnings per share view $-0.12, revenue view $452.5 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $-0.12 -- Thomson Reuters I/B/E/S.Ensco Plc - Qtrly total average day rates $155,946 versus $194,754.  Full Article

Ensco announces three drillship contracts
Tuesday, 11 Jul 2017 09:05am EDT 

July 11 (Reuters) - Ensco Plc ::Ensco Plc announces three drillship contracts.Ensco Plc - Ensco DS-4 contracted to Chevron for two years Ensco DS-10 contracted to Shell for one year Ensco DS-7 to return to work with total​.Ensco Plc - ‍awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term​.Ensco Plc - Ensco DS-4 is expected to commence a two-year contract with Chevron offshore Nigeria in August 2017.Ensco Plc - ‍three drillship contracts offshore West Africa also represent more than six additional years of options​.Ensco Plc - Ensco DS-10 is scheduled to commence work with shell offshore Nigeria in Q1 2018.Ensco Plc - ‍contract drilling expense for Q2 2017 is expected to be approximately $282 million after adjustment​.Ensco Plc - ‍anticipated capital expenditures are now expected to total approximately $350 million for nine month period from Q2 2017 through Q4 2017​.Ensco Plc - Ensco DS-10 delivery is expected to be accelerated into Q3 2017 from Q1 2019.Ensco Plc -Ensco DS-7 is now scheduled to mobilize to ivory coast to drill one well beginning in Aug 2017 that is expected to take 60 days to complete.  Full Article

Ensco, Atwood Oceanics announce early termination of Hart-Scott-Rodino waiting period
Thursday, 29 Jun 2017 05:00pm EDT 

June 29 (Reuters) - Atwood Oceanics Inc :Ensco Plc and Atwood Oceanics Inc announce early termination of Hart-Scott-Rodino waiting period.Atwood Oceanics Inc says have received notice from DoJ and FTC granting early termination of waiting period under U.S. Hart-Scott-Rodino antitrust.Atwood Oceanics Inc - ‍merger closing condition with respect to expiration or termination of waiting period under Hart-Scott-Rodino act has been satisfied​.  Full Article

Ensco says upon termination of merger agreement with Atwood under certain circumstances co may pay Atwood reverse termination fee of$50 mln
Tuesday, 30 May 2017 04:55pm EDT 

May 30 (Reuters) - Atwood Oceanics Inc ::Ensco plc- upon termination of merger agreement with atwood under certain circumstances co may pay atwood reverse termination fee equal to $50 million.Ensco plc- upon termination of merger agreement with atwood under certain circumstances atwood may pay co termination fee equal to $30 million.  Full Article

Ensco Plc to acquire Atwood Oceanics Inc
Tuesday, 30 May 2017 08:15am EDT 

May 30 (Reuters) - Atwood Oceanics Inc :Upon deal close,Ensco and Atwood shareholders to own about 69% and 31%, respectively of outstanding shares of Ensco .Ensco plc to acquire Atwood Oceanics Inc..Ensco expects to realize annual pre-tax expense synergies of approximately $65 million for full year 2019 and beyond.‍Atwood shareholders will receive 1.60 shares of ensco for each share of atwood common stock for a total value of $10.72 per atwood share​.Says Definitive merger agreement was unanimously approved by each company's board of directors.Says there are no financing conditions for the transaction.Co, Ensco have entered into a definitive merger agreement under which ensco will acquire atwood in an all-stock transaction.Says ‍based on anticipated annual savings, planned combination is expected to be accretive to projected discounted cash flows​.Says ‍estimated enterprise value of combined company is $6.9 billion​.Atwood oceanics inc says ensco's executive management will continue with carl trowell as president and chief executive officer.Says Ensco will continue to be domiciled in UK and senior executive officers will be located in London and Houston.Definitive merger agreement was unanimously approved by each company's board of directors.Combined company will have approximately $3.7 billion in revenue backlog​.  Full Article

Ensco Q4 earnings per share $0.13
Monday, 27 Feb 2017 05:37pm EST 

Ensco Plc : Ensco Plc reports fourth quarter and full-year 2016 results . Q4 earnings per share $0.10 from continuing operations . Q4 earnings per share $0.13 . Q4 earnings per share view $0.05 -- Thomson Reuters I/B/E/S . Ensco Plc - $3.6 billion of contracted revenue backlog excluding bonus at year-end . Revenues were $505 million in Q4 2016 compared to $828 million a year ago . Average day rate for fleet declined to $177,000 in Q4 2016 from $216,000 a year ago ."There was no loss on impairment in Q4 2016".  Full Article

Ensco enters amendment to ENSCO DS-10 drillship construction contract with Samsung Heavy Industries
Monday, 23 Jan 2017 04:51pm EST 

Ensco Plc - : Entered amendment to ENSCO DS-10 drillship construction contract with Samsung Heavy Industries shipyard constructing ENSCO DS-10 - SEC filing . Delivery date for drillship has been extended to March 31, 2019 - SEC filing . Under terms, payment of $75 million of about $309 million unpaid balance has been deferred to March 31, 2019 .Remaining payment of $234 million of purchase price is to be paid in January 2017.  Full Article

Ensco Plc increases cash consideration payable in offers to up to $850 mln
Tuesday, 20 Dec 2016 08:24am EST 

Ensco Plc : Ensco plc - extended early participation date to 11:59 p.m., New York City time, on January 4, 2017 . Ensco Plc - increased cash consideration payable in offers to up to $850 million .Ensco Plc announces early participation results, extension of early participation date and increase in aggregate maximum cash consideration for private offers to exchange outstanding senior notes.  Full Article

Ensco Plc and unit entered into fourth amendment and restated credit agreement
Friday, 16 Dec 2016 04:45pm EST 

Ensco Plc : Ensco plc-amendment also provides that obligations under revolving credit facility will be fully and unconditionally guaranteed by ensco jersey . Ensco plc- on december 15, 2016, co and unit entered into fourth amendment to its fourth amended and restated credit agreement- sec filing .Ensco plc-amendment permits incurrence of indebtedness related to issuance of $849.5 million aggregate principal amount of 3.00% senior notes due 2024 issued by ensco jersey finance limited.  Full Article

BRIEF-Arrowgrass responds to Ensco assertions about Atwood transaction

* Arrowgrass responds to Ensco assertions about Atwood transaction