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$28.62 -0.04 (-0.14%)
12/3/2008 4:00 PM

ENSCO International, Inc. (ESV)

CAPS Rating:
*****

An international offshore contract drilling services to the oil and gas industry with a current operating fleet of 45 drilling rigs, including 43 jackup rigs, one ultra-deepwater semisubmersible rig and one barge rig.

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Avatar dexion10 (96.41) Submitted: 8/29/08 2:03 PM : Underperform Start Price: $68.11 ESV Score: 19.37

Offshore drilling will slow because the supply of nat gas is growing and onshore production is more economical... that means less offshore projects at a time where more jack-up rigs are coming to market.

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