Company name | Atwood Oceanics, Inc. |
Stock ticker | ATW |
Live stock price | [stckqut]ATW[/stckqut] |
P/E compared to competitors | Good |
Employee productivity | Good |
Sales growth | Fair |
EPS growth | Good |
P/E growth | Poor |
EBIT growth | Good |
Confident Investor Rating | Good |
Target stock price (TWCA growth scenario) | $60.15 |
Target stock price (averages with growth) | $80.97 |
Target stock price (averages with no growth) | $62.01 |
Target stock price (manual assumptions) | $56.04 |
The following company description is from Google Finance: http://www.google.com/finance?q=atw
Atwood Oceanics, Inc., along with its subsidiaries, is engaged in the international offshore drilling and completion of exploratory and developmental oil and gas wells. Its operations include nine offshore mobile drilling units located in five regions: offshore Southeast Asia, offshore Africa, offshore Australia, offshore South America and the Mediterranean Sea. During the fiscal year ended September 30, 2010 (fiscal 2010), the Company had a utilization rate of 88%. Its offshore drilling equipments include semisubmersible rigs, jack-up drilling rigs, semisubmersible tender assist rigs and submersible drilling rigs. The Company obtains the contracts, under which it operates its units either through individual negotiation with the customer or by submitting proposals in competition with other contractors. In October 2010, the Company entered into turnkey construction agreements with PPL Shipyard PTE LTD to construct two Pacific Class 400 jack-up drilling units.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.