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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: Gottfried who wrote (1384)7/15/1998 9:11:00 AM
From: Kevin G. O'Neill  Read Replies (1) of 2005
 
Ensco International 2Q Net 57c A Diluted Share Vs 37c

Dow Jones Newswires -- July 15, 1998

Ensco International Inc. - Dallas
2nd Quar June 30:
1998 1997
Revenue $234,000,000 $195,400,000
Net income 80,600,000 52,200,000
Avg shrs (basic) 141,400,000 140,900,000
Avg shrs (diluted) 142,600,000 142,600,000
Shr earns (basic)
Net income .57 .37
Shr earns (diluted)
Net income .57 .37

6 Months June 30:
1998 1997
Revenue $480,400,000 $357,000,000
Net income 167,800,000 88,500,000
Avg shrs (basic) 141,400,000 140,900,000
Avg shrs (diluted) 142,800,000 142,600,000
Shr earns (basic)
Net income 1.19 .63
Shr earns (diluted)
Net income 1.18 .62

Ensco International Inc. (ESV) expects reduced earnings in the second half of1998 due to lower oil prices in recent months.

Ensco provides contract drilling and marine transportation services to the petroleum industry.

+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ+ÿÿÿ

...AND CNBC REPORTS ESV BEATS WALL STREET ESTIMATES BY 2 CENTS.
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