Contract driller Ensco (NYSE: ESV) boasts a fleet of seven ultra-deepwater drillships, 20 semisubmersible rigs and 49 premium jack-up rigs. The firm stands to thrive in the near term because it owns one of the youngest deepwater and ultra-deepwater fleets in the industry and has a number of deepwater and ultra-deepwater rigs… Read More

The Energy Stock of the Month for March 2012 stands to benefit from a tight market for high-specification drilling rigs capable of operating in the deepest waters. Read More

The long-term trend toward rising exploration and production activity requires advanced equipment that can endure the rigors of working in harsh environments. These winners stand are well-positioned to benefit from the coming wave of investment in offshore drilling and production rigs. Read More

With exploration and production increasingly taking place in offshore fields, the oil and gas industry’s demand for support vessels will continue to increase. The typical deepwater worksite is 100 miles to 150 miles offshore, which presents logistical challenges related to transporting personnel and cargo to and from oil rigs and connecting these installations to onshore processing and distribution systems. Read More

Our deep dive into the contract drilling industry digs up a new Growth Portfolio holding. Read More

Despite the stock market’s ongoing rally, our outlook for the US economy remains unchanged. We continue to expect US gross domestic product (GDP) to grow at a subpar rate as the economy recovers from the excesses of the credit bubble and financial crisis. Read More

One of the founding precepts of this publication’s investment strategy hinges on the end of easy oil, or the reality that the massive fields that have supplied much of the world’s crude oil have reached maturity and are in decline. In this issue, we highlight some of the equipment providers and offshore-rig contractors that stand to benefit from this secular growth trend. Read More

In my latest revision of The Energy Strategist’s Best Buys list I noticed that one of my low-risk picks was now yielding 8%. I thought a yield that high in such a quality stock was too good an opportunity to keep mum. So, here’s the play:         Penn… Read More

Barring any major geopolitical disruptions, supply and demand conditions suggest that oil prices should remain range-bound in 2012, Read More