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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Platter who wrote (26627)7/28/1998 10:16:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Atwood Oceanics - ?'s ...anyone follow ATW closely ?

ATW also just had an excellent earnings release and most importantly they have a projected 60% increase in 1999 EPS and a sector leading 5 years EPS growth of 60% for the next 3 years. This now sells at a solid discount to other deepwater drillers @ 6.9 times 1999 EPS. As a deepwater driller this PE compares to shallow drillers CDG & MDCO.

Can anyone list for me a breakdown of their Rigs and/or drilling depth capabilities; - just a general summary as in -- 3 semisubs, 2 deep drill ships, 4 GOM & 2 Intl. Jackups etc.

Am I correct in assuming they are more deepwater oriented than CDG or MDCO and they are not a Jackup oriented driller. Online annual report does not give a breakdown etc.