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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (51318)4/16/2013 11:08:45 PM
From: Spekulatius  Read Replies (1) of 78748
 
ESV is a well managed rig company and the way I look at (Enterprise value multiples to adjust for leverage), it is cheaper than DO or RIG, while being better managed and probably they have the better rigs too.

I do understand that they standardize their rig design more than other companies, which helps to keep operating costs down.
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