$47.71
2.55 (+5.65%)
Atwood Oceanics, Inc. (NYSE:ATW)
CAPS Rating:
The Company, together with its subsidiaries is engaged in the international offshore drilling and completion of exploratory and developmental oil and gas wells and related support, management and consulting services.
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i must be honest i don't know much of about oil exploration, but i still believe that with the new obama nation, and its trillion dollar budget deficits, inflation is on the horizon. i don't see electric cars becoming viable any time soon. Because of ATW's numbers (ROE = 32%, 5YrEPS = 89%, 5YrFutureEPS = 27% PE = 5), plus insiders purchasing shares, i am bullish on this company. if any fools out there see something i'm missing please let me know.
Statistics = 3.5% of portfolio purchased on May 20, 2009 @ $24.50