Report
EUR 26.72 For Business Accounts Only

ESV: ENSCO 68 New Contract...!

  • New Contract. Otto Energy Ltd. (ASX: OEL) recently signed a contract with ENSCO PLC (ESV – SELL) for the ENSCO 68 (400 ft.) for 60 days at an estimated day rate range of approximately $52-58k/d. The total estimated potential revenues for 60 days is approximately $3.1-3.5 million.
  • Number of pages 6.
Underlying
Valaris PLC Class A

Ensco is an offshore contract drilling company engaged in providing offshore contract drilling services to the international oil and gas industry. As of Dec 31 2017, Co. owned and operated an offshore drilling rig fleet of 62 rigs. Co.'s rig fleet includes 12 drillships, 11 semisubmersible rigs, four moored semisubmersible rigs and 38 jackup rigs, including rigs under construction. Co.'s business consists of three operating segments: floaters, which includes its drillships and semisubmersible rigs; jackups; and other, which consists of management services on rigs owned by third-parties. Co.'s two reportable segments, floaters and jackups, provide one service, contract drilling.

Provider
The Zephirin Group, Inc.
The Zephirin Group, Inc.

The Zephirin Group, Inc. is widely recognized as a world-leading independent investment research firm. The Wall Street Journal, Financial Times/StarMine, and FactSet Research have consistently ranked The Zephirin Group as an industry leader, naming the firm among the world’s top analysts for earnings forecasts and stock-picking accuracy. The firm has appeared on the Top 5 Star Analyst List every year from 2008 through 2025 YTD and is consistently featured on CNBC and Yahoo Finance for its market insights and analysis.

The Zephirin Group provides comprehensive research and advisory services across multiple areas, including equity research, fixed income research, corporate finance, quantitative research, and index research for financial services firms; business research, company profiling, and industry studies for corporate clients; and data analytics, risk analytics, benchmark analytics, financial modeling, and valuation services for data services firms. The firm covers small-, mid-, and large-cap under-valued and under-followed global equities and delivers both institutional and sponsored research services.

Additional offerings include pre-IPO research and reports, boutique advisory services such as mergers & acquisitions, equity and debt raising, and specialized advisory in energy and real estate sectors. The Zephirin Group combines top-down and bottom-up fundamental research and provides consulting on listing requirements, regulatory compliance, corporate governance, and investor communications.

Analysts
Lenny Zephirin

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