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0 -0.00149700598802405 -0.00449101796407189 -0.00197604790419167 0.00149700598802392 0.0359281437125747 0.0411676646706586 0.0276946107784431
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Here's Why Investors Shouldn't Fret About This Oil Stock's Recent Quarter [The Motley Fool]

Ensco Plc (ESV)  More Company Research Source: The Motley Fool
Last ensco plc earnings: 5/1 06:53 pm Check Earnings Report
US:NYSE Investor Relations: enscoplc.com/investors/default.aspx
PDF Sure, Ensco's revenue slid again, but this looks like it is a temporary thing as the company gears up for 2019 with new contracts and a merger. Things were really looking up for Ensco ( NYSE:ESV ) this past quarter. The company had previously posted its first revenue increase in years and management felt comfortable enough with its financial standing and the current offshore rig market that it announced a merger with Rowan Companies ( NYSE:RDC ) . While Ensco posted a slightly smaller loss than expected, it wasn't able to post another quarter of revenue gains. In the long run, though, that may not be a big deal. Here's a look at Ensco's most recent quarter, why this revenue slip shouldn't be too much of a concern for investors, and what investors should expect in the upcoming quarters.  By the numbers Metric Q3 2018 Q2 2018 Q3 2017 Revenue $430 million $458 million $460 million Operating income ($41.9 million) ($32.6 million) [Read more]

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