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Ensco Rowan PLC (ESV.N)

ESV.N on New York Stock Exchange

7.34USD
1:33am IST
Change (% chg)

$-0.03 (-0.41%)
Prev Close
$7.37
Open
$7.35
Day's High
$7.62
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$7.19
Volume
1,356,307
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1,162,454
52-wk High
$38.02
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$6.54

Latest Key Developments (Source: Significant Developments)

Ensco Rowan PLC Says Will Evaluate Proposal From Luminus Management
Friday, 14 Jun 2019 

June 13 (Reuters) - Ensco Rowan PLC ::ENSCO ROWAN PLC RECEIVES INVESTOR PROPOSAL.ENSCO ROWAN PLC - BOARD OF DIRECTORS RECEIVED A PROPOSAL FROM LUMINUS MANAGEMENT, LLC ("LUMINUS") DATED JUNE 12, 2019.ENSCO ROWAN PLC - COMPANY PROACTIVELY EVALUATES AND MANAGES ITS CAPITAL STRUCTURE TO EXECUTE ITS STRATEGIC PRIORITIES.ENSCO ROWAN PLC - WILL EVALUATE PROPOSAL FROM LUMINUS MANAGEMENT.  Full Article

Ensco Qtrly Loss Per Share $0.47
Thursday, 28 Feb 2019 

Feb 27 (Reuters) - Ensco PLC ::QTRLY LOSS PER SHARE $0.47.QTRLY ADJUSTED LOSS PER SHARE $0.39.REVENUES DECREASED TO $399 MILLION IN FOURTH QUARTER 2018 FROM $454 MILLION A YEAR AGO.Q4 REVENUE VIEW $403.1 MILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE VIEW $-0.37 -- REFINITIV IBES DATA.  Full Article

Ensco Receives CMA Clearance For Pending Combination With Rowan Companies
Saturday, 16 Feb 2019 

Feb 15 (Reuters) - Ensco PLC ::ENSCO PLC RECEIVES CMA CLEARANCE FOR PENDING COMBINATION WITH ROWAN COMPANIES PLC.ENSCO PLC - CO'S GENERAL MEETING TO APPROVE RESOLUTIONS RELATING TO TRANSACTION WITH ROWAN WILL OCCUR ON FEBRUARY 21, 2019.  Full Article

Canyon Partners Issues Statement Regarding ISS' Recommendation That Rowan Shareholders Vote Against Merger With Ensco PLC
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Canyon Capital Advisors LLC::CANYON PARTNERS ISSUES STATEMENT REGARDING ISS' RECOMMENDATION THAT ROWAN SHAREHOLDERS VOTE AGAINST MERGER WITH ENSCO PLC.CANYON PARTNERS SAYS "PLEASED THAT ISS AGREES WITH VIEWS CANYON HAS EXPRESSED" ABOUT ROWAN COMPANIES, ENSCO PLC MERGER.  Full Article

Ensco PLC And Rowan Companies PLC Agree To Combine, Creating Industry-Leading Offshore Driller
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Ensco PLC ::ENSCO PLC AND ROWAN COMPANIES PLC AGREE TO COMBINE, CREATING INDUSTRY-LEADING OFFSHORE DRILLER.ENSCO PLC - ROWAN SHAREHOLDERS WILL RECEIVE 2.215 ENSCO SHARES FOR EACH ROWAN SHARE.ENSCO PLC - DEFINITIVE TRANSACTION AGREEMENT WAS UNANIMOUSLY APPROVED BY EACH COMPANY'S BOARD OF DIRECTORS.ENSCO PLC - COMBINED COMPANY EXPECTS TO REALIZE ANNUAL PRE-TAX EXPENSE SYNERGIES OF APPROXIMATELY $150 MILLION FROM DEAL.ENSCO PLC - DEAL ACCRETIVE TO CASH FLOW PER SHARE IN FIRST FULL YEAR FOLLOWING CLOSING.ENSCO PLC - UPON DEAL CLOSING, ENSCO AND ROWAN SHAREHOLDERS WILL OWN APPROXIMATELY 60.5% AND 39.5%, RESPECTIVELY.ENSCO PLC - SAUDI ARAMCO PARTNER TO ARO DRILLING JOINT VENTURE HAS CONSENTED TO COMBINATION BETWEEN ROWAN AND ENSCO.ENSCO PLC - PLANNED COMBINATION IS EXPECTED TO BE ACCRETIVE TO CASH FLOW PER SHARE ANNUALLY FOR COMBINED ENTITY BEGINNING IN 2020.ENSCO PLC - COMBINED CO WILL BE DOMICILED IN UNITED KINGDOM.ENSCO PLC - ESTIMATED ENTERPRISE VALUE OF COMBINED CO IS $12.0 BILLION..ENSCO PLC - CARL TROWELL WILL BECOME COMBINED COMPANY'S EXECUTIVE CHAIRMAN.ENSCO PLC - TOM BURKE WILL SERVE AS COMBINED COMPANY'S PRESIDENT AND CHIEF EXECUTIVE OFFICER.ENSCO PLC - REMAINING EXECUTIVE MANAGEMENT TEAM FOR COMBINED COMPANY WILL COMPRISE EXECUTIVES FROM BOTH ENSCO AND ROWAN.ENSCO PLC - JON BAKSHT WILL SERVE AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF COMBINED CO.  Full Article

Ensco Reports Q4 Adjusted ‍Loss From Continuing Operations $0.23 Per Share
Tuesday, 27 Feb 2018 

Feb 26 (Reuters) - Ensco Plc ::ADJUSTED ‍LOSS FROM CONTINUING OPERATIONS WAS $0.23 PER SHARE IN Q4 2017 COMPARED TO EARNINGS OF $0.09 PER SHARE A YEAR AGO ​.REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.SAYS ‍REVENUES WERE $454 MILLION IN Q4 2017 COMPARED TO $505 MILLION A YEAR AGO​.‍FLOATER REVENUES OF $303 MILLION IN Q4 2017 WERE CONSISTENT WITH A YEAR AGO​.SAYS ‍REPORTED A LOSS OF $0.49 PER SHARE FOR Q4 2017​.QTRLY RIG UTILIZATION 50% VERSUS 51% IN FOURTH QUARTER 2016‍​.Q4 EARNINGS PER SHARE VIEW $-0.28 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $453.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Ensco Says ‍Reported A Loss Of $0.49 Per Share For Q4 2017​
Tuesday, 27 Feb 2018 

Feb 26 (Reuters) - Ensco Plc ::REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.‍LOSS FROM CONTINUING OPERATIONS WAS $0.23 PER SHARE IN Q4 2017 COMPARED TO EARNINGS OF $0.09 PER SHARE A YEAR AGO​.SAYS ‍REVENUES WERE $454 MILLION IN Q4 2017 COMPARED TO $505 MILLION A YEAR AGO​.‍FLOATER REVENUES OF $303 MILLION IN Q4 2017 WERE CONSISTENT WITH A YEAR AGO​.SAYS ‍REPORTED A LOSS OF $0.49 PER SHARE FOR Q4 2017​.QTRLY RIG UTILIZATION 50% VERSUS 51% IN FOURTH QUARTER 2016‍​.Q4 EARNINGS PER SHARE VIEW $-0.28 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $453.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Ensco provides details on ½% Senior Notes Due 2019 - SEC Filing
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Ensco Plc ::ENSCO SAYS REDEMPTION PRICE PER $1,000 PRINCIPAL AMOUNT OF NOTES IS $1,076.13 FOR OUTSTANDING 8½% SENIOR NOTES DUE 2019 - SEC FILING.ENSCO - HOLDERS OF OUTSTANDING 8½% SENIOR NOTES DUE 2019 TO ALSO RECEIVE $16.53 IN ACCRUED INTEREST PER $1,000 PRINCIPAL AMOUNT OF NOTES.  Full Article

Greenlight Capital Inc Takes Share Stake In Twitter, Nordstrom
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Greenlight Capital Inc::GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 2.8 MILLION SHARES IN TWITTER INC‍​.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 125,900 SHARES IN NORDSTROM INC.GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN GENERAL MOTORS BY 25.2 PERCENT TO 25.9 MILLION SHARES.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN HEWLETT PACKARD ENTERPRISE.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN KROGER.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 139,000 SHARES IN SHUTTERFLY INC.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN RITE AID.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN TEGNA INC.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 9.7 MILLION CLASS A SHARES IN ENSCO PLC.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN FRED'S INC.GREENLIGHT CAPITAL INC - CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017.  Full Article

Ensco Announces Pricing Of Upsized $1 Bln Offering Of Unsecured Senior Notes Due 2026
Friday, 12 Jan 2018 

Jan 11 (Reuters) - Ensco Plc ::ENSCO ANNOUNCES PRICING OF UPSIZED $1.0 BILLION OFFERING OF UNSECURED SENIOR NOTES DUE 2026.‍ PRICED AN UPSIZED OFFERING OF $1.0 BILLION PRINCIPAL AMOUNT OF 7.75% SENIOR NOTES DUE 2026 AT 100% OF PAR.  Full Article

Investor calls on Ensco Rowan to sell debt to fund $2.5 billion dividend

Ensco Rowan Plc investor Luminus Management on Wednesday urged the deep-sea oil driller to sell guaranteed bonds to fund a special dividend of $2.5 billion, citing the stock's "disappointing" performance despite a recent acquisition.