Form 8-K Ensco plc For: Apr 14

Go back to Form 8-K Ensco plc For: Apr 14

Morgan Stanley Upgrades ENSCO International Plc (ESV) to Equalweight

April 15, 2016 1:25 PM EDT

Morgan Stanley upgraded ENSCO International Plc (NYSE: ESV) from Underweight to Equalweight with a price target of $14.00 (from $10.00).

For an analyst ratings summary and ratings history on ENSCO International Plc click here. For more ratings news on ENSCO International Plc click here.

Shares of ENSCO International Plc closed at $10.59 yesterday.

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Ensco plc (ESV) Prices Larger 57M Common Stock Offering at $9.25/Share

April 15, 2016 9:03 AM EDT

Ensco plc (NYSE: ESV) announced that it has priced an upsized underwritten public offering of 57,000,000 Class A ordinary shares at $9.25 per share. The 57,000,000 share offering was upsized from the originally proposed 50,000,000 Class A ordinary share offering. Ensco also granted the underwriters a 30-day option to purchase up to 8,550,000 additional Class... More

Ensco's (ESV) Prelim Q1 Revenue Tops Views

April 14, 2016 4:40 PM EDT

Ensco plc (NYSE: ESV) disclosed in an SEC filing:

Ensco plc is furnishing the following preliminary estimated financial information for the quarter ended March 31, 2016:

· Operating revenues are expected to be between $812 million and $817 million, benefiting from estimated reported utilization between 64% and 66%, as compared to the low-60% range in our first quarter 2016 outlook disclosed on our February 25, 2016 conference call, and average day rates that declined by approximately 3% to 4%, as compared to a 7% to 8% decline in our prior disclosed outlook.

(Street sees Q1 revenue of $793.05 million)

· Contract drilling expense is... More