Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, offshore drilling contractor Atwood Oceanics
With that in mind, let's take a closer look at Atwood's business and see what CAPS investors are saying about the stock right now.
|Headquarters (founded)||Houston (1968)|
|Market Cap||$3.0 billion|
|Industry||Oil and gas drilling|
|Trailing-12-Month Revenue||$712.5 million|
|Management||CEO Robert Saltiel (since 2009)
CFO Mark Mey (since 2010)
|Return on Equity (average, past 3 years)||17.8%|
|Cash/Debt||$79.0 million / $657.7 million|
Diamond Offshore Drilling
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 99% of the 2,387 members who have rated Atwood believe the stock will outperform the S&P 500 going forward.
There is plenty of risk involved in ordering the construction of drilling rigs, whether jackups or deep water rigs, without contracts from oil exploration and production companies in hand before shipyard work begins. Still, management of Atwood seems to be savvy in knowing what and when to build. ... As long as they keep expanding their rig count cautiously (especially the deep water rigs) and oil prices don't plunge much lower, I'm a buyer at this level.
If you want market-topping returns, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite its five-star rating, Atwood may not be your top choice.
We've found another energy play we are incredibly excited about -- excited enough to dub it "The Only Energy Stock You'll Ever Need." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.