No. 1 Offshore Driller Continues to Impress

The same week that Ensco plc released its full-year and fourth-quarter results for 2012, the company also received the award for being ranked No. 1 in total customer satisfaction among offshore drillers in the 2012 Oilfield Products & Services Customer Satisfaction Survey conducted by EnergyPoint Research. The good news continued during the earnings call, when investors were notified of double-digit gains in revenue, expanding segment margins, and increased floater utilization. Increasing this utilization continues to keep Ensco ahead of its peers in the deepwater space. With the future of offshore drilling appearing bright, investors should be very optimistic about Ensco's future.

For a peer comparison, look into Seadrill as another offshore option
If you're an energy investor looking for exciting opportunities, then you should look into one of the more exciting plays in the space: Seadrill. To learn more about the strengths and weaknesses of this company, as well as what to expect from Seadrill going forward, be sure to check out this brand-new premium report, put together by one of our top Stock Advisor analysts. Click here to get started.


The article No. 1 Offshore Driller Continues to Impress originally appeared on Fool.com.

Taylor Muckerman owns shares of Ensco. The Motley Fool recommends Seadrill. The Motley Fool owns shares of Seadrill and Transocean. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Learn about investing from the comfort of your own home.

Portfolio Basics

Take the first steps to building your portfolio.

View Course »

Investment Strategies

Learn the strategies you need to build a winning portfolio

View Course »

Add a Comment

*0 / 3000 Character Maximum