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Ensco PLC

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  • *Takes asset impairment charge of $438.4 mln. Feb 27- Rowan Cos Plc said state-owned oil company Saudi Aramco was likely to continue employing about a third of the company's 28 contracted rigs, sending the offshore driller's shares up as much as 5.5 percent on Friday. Rival Hercules Offshore Inc said on Thursday that Saudi Aramco had terminated a drilling...

  • Feb 26- Offshore driller Ensco Plc said it would shut down an ultra-deepwater rig as demand dwindles due to a slump in crude prices, a day after it slashed its quarterly dividend by 80 percent. Ensco reported a fourth-quarter loss on Wednesday, compared with year-ago profit, hurt mainly by a $3 billion goodwill impairment charge. Ensco cut its quarterly dividend...

  • NYSE stocks posting largest percentage decreases Thursday, 26 Feb 2015 | 1:19 PM ET

    NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. IntraLinks Holdings Inc. fell 17.9 percent to $10.05. Clayton Williams Energy Inc. fell 17.8 percent to $52.79.

  • Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average, which eased back from its latest all-time high. Benchmark U.S. crude oil fell $2.82 to close at $48.17 a barrel on the New York Mercantile Exchange. Among individual Dow members, Chevron lost $1.52, or 1.4 percent, to $107.06 while Exxon Mobil slid 95 cents, or 1.1 percent, to...

  • Investors were looking ahead to the start of a two-day round of Congressional testimony by Federal Reserve Chair Janet Yellen. "The markets are in a holding pattern," said Erik Davidson, chief investment officer of Wells Fargo Private Bank. "We'll have some very interesting information coming up from Janet Yellen tomorrow and Wednesday, so the markets are...

  • HOUSTON, Feb 20- Barely two months into his new job as the head of the world's largest offshore driller, Steven Newman was steering Transocean through the 2010 Gulf of Mexico oil spill, quickly earning a reputation as a CEO with a steady hand. A Transocean official declined to comment. According to a Transocean presentation, its fleet is about 25 percent larger than...

  • Feb 16- The chief executive of Transocean Ltd, one of the world's top offshore drilling companies, is stepping down and the company is slashing its dividend as business slows on tumbling crude oil prices. Transocean said on Sunday that Chairman Ian Strachan, who previously held executive positions at Exxon Mobil Corp and Rio Tinto PLC, will serve as interim chief...

  • OSLO, Feb 13- Seadrill, the world's third-biggest offshore driller, cut $1.1 billion worth of Petrobras orders from its backlog due to the Brazilian firm's troubles, sending its shares 13 percent lower. Seadrill, which had an order backlog of $20 billion at the end of the third quarter, announced the contract extensions in November in a relief to investors as...

  • Lightning Round: The worst pick I ever made Thursday, 11 Dec 2014 | 7:31 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • ... And these stocks are losing on lower oil Friday, 28 Nov 2014 | 1:30 PM ET
    A Halliburton worker walks through a hydraulic fracturing (fracking) site north of Dacono, Colorado, U.S.

    Oil producer and driller stocks are falling after oil's dip, but other energy companies are also seeing their stocks drop.

  • Nov 5- Contract driller Rowan Cos Plc reported better-than-expected quarterly revenue and profit, helped by higher rates for its jackup rigs. The average daily rate for Rowan's jackup rigs rose to $174,300 in the third quarter from $169,200, a year earlier, while the rate for its drillship rose to $660,200 from $605,000. Rowan's net income rose to $119.6 million,...

  • Here's where to put your money to work, pros say Thursday, 23 Oct 2014 | 4:04 PM ET
    Traders work on the floor of the New York Stock Exchange.

    As stocks rallied Thursday on positive earnings news, market pros looked at names they'd put on their shopping lists.

  • Oct 23- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs. Diamond Offshore said Petrobras has extended contracts on three ultra-deepwater rigs, which are expected to generate revenue of up to $1.4...

  • But offshore drillers such as Transocean Ltd are expected to post lackluster quarterly sales as new rigs ordered in boomtime hit the seas, creating overcapacity in an already crowded market. Revenue at Transocean, the second-biggest global offshore driller by market value, is expected to fall 15 percent- its steepest in three years- according to Thomson...

  • Lightning Round: Dow Chemical, Oracle & more Monday, 29 Sep 2014 | 6:51 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Offshore oil drilling market to suffer through 2015-execs Wednesday, 10 Sep 2014 | 9:27 AM ET

    *Deepwater rates $375,000- $500,000 vs $650,000 last year. OSLO, Sept 10- A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday.

  • Lightning Round: Freeport, Ensco & more Friday, 5 Sep 2014 | 6:52 PM ET

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  • Lightning Round: Urban Outfitters, Rockwell & more Friday, 13 Jun 2014 | 6:43 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Gogo, FireEye & More Thursday, 1 May 2014 | 6:48 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Chesapeake Energy, Weibo & More Wednesday, 30 Apr 2014 | 6:48 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.