UCTT is up, ESV Beats
UCTT rocketed up today as investors decided that the 2008 growth prospects were worth waiting for.
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Meanwhile, ESV shone today
* Revenue up 15%. They missed by 1%. Dayrates continue to surge: average dayrate is up 25% to $143K
* Earnings up 31% and beat estimates by 4.5%. It beat the highest estimate too, btw.
The Gulf of Mexico remains an area of exposure. Natural gas drilling was softer and pushed down utilization rates. ESV has already taken measures by moving rigs away.
They have a P/E of 10 but are growing earnings by 30%.
-----------------------------------
Meanwhile, ESV shone today
* Revenue up 15%. They missed by 1%. Dayrates continue to surge: average dayrate is up 25% to $143K
* Earnings up 31% and beat estimates by 4.5%. It beat the highest estimate too, btw.
The Gulf of Mexico remains an area of exposure. Natural gas drilling was softer and pushed down utilization rates. ESV has already taken measures by moving rigs away.
They have a P/E of 10 but are growing earnings by 30%.
posted by Andrew at
7:23 AM
1 Comments:
When and at what price is Liverocket disposing with UCTT then? Or are we disposing it at all, for now?
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