February 21, 2013
The same week that Ensco plc (NYSE: ESV ) released its full-year and fourth-quarter results for 2012, the company also received the award for being ranked No. 1 in total customer satisfaction among offshore drillers in the 2012 Oilfield Products & Services Customer Satisfaction Survey conducted by EnergyPoint Research. The good news continued during the earnings call, when investors were notified of double-digit gains in revenue, expanding segment margins, and increased floater utilization. Increasing this utilization continues to keep Ensco ahead of its peers in the deepwater space. With the future of offshore drilling appearing bright, investors should be very optimistic about Ensco's future.
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