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In 2015, $ESV delayed the delivery of its ENSCO 123 rig by 19 months pushing approx. $200MM of Capex to 2018. The company is moving forward with ENSCO 140 and 141 which are being built in the Middle East and expects to take delivery of these rigs later this year. $ESV decided to cold stack ENSCO 8500 to reduce Opex along with ENSCO 8501 and 8502.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.