Research on Ensco plc and Transocean Ltd. -- Higher Oil Prices Driving Exploration Activity
Marketwire
May 07, 2012
JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 05/07/12 -- www.stockcall.com/ offers investors comprehensive research on the Oil & Gas Drilling & Exploration industry and has completed analytical research on Ensco plc (NYSE: ESV) and Transocean Ltd. (NYSE: RIG). Register with us today at www.stockcall.com/ to have free access to these researches.
Oil prices have moved higher recently, in part due to positive manufacturing growth in the U.S. as well as China. Manufacturing growth means greater energy consumption, which is good news for companies in the energy business such as Ensco plc and Transocean Ltd. Investors can register for free to access the research reports on Ensco plc and Transocean Ltd. at www.stockcall.com/ESV070512.pdf or www.stockcall.com/RIG070512.pdf.
www.stockcall.com/ is an online platform where investors doing their due diligence on the Oil & Gas Drilling & Exploration industry can have easy and free access to our analyst research and opinions on Ensco plc and Transocean Ltd.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.
With oil prices and demand remaining strong and showing no signs of dropping in the long-term, companies are doing what they can to take advantage of the beneficial conditions. Ensco has been making moves to expand its production as of late, signing a contract with Samsung Heavy Industries to build an ultra deepwater drillship. The vessel should be ready in 2014. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
Earnings season has granted investors a window into company operations as of late, and results have been mixed. Transocean Ltd. recently posted 1st quarter revenues of $2.331 billion, down when compared to the 4th quarter of 2011 when sales were $2.422 billion. Ensco released its 1st quarter results on May 3rd. However, Ensco missed forecasts on revenues and saw its EPS in-line with The Street's expectations. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Oil & Gas Drilling & Exploration industry.
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