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Enter Symbol:
Atwood Oceanics, Inc. (ATW) [hlAlert]

down 60.47 %

Atwood Oceanics, Inc. (ATW) downgraded to Underweight with price target $18 by Barclays

Posted on: Thursday,  Aug 13, 2015  12:25 PM ET by Barclays

Barclays rated Underweight Atwood Oceanics, Inc. (NYSE: ATW) on 08/13/2015. Previously Barclays rated Overweight Atwood Oceanics, Inc. (NYSE: ATW) on 04/08/2014.,
when the stock price was $47.87. Since then, Atwood Oceanics, Inc. has lost 60.48% as of 08/13/2015's recent price of $18.92.
If you would have followed the previous Barclays's recommendation on ATW, you would have lost 60.47% of your investment in 492 days.

Atwood Oceanics, Inc., along with its international operating subsidiary, Atwood Oceanics Pacific Limited (AOPL) and related subsidiaries, is engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells, and related support, management and consulting services. As of September 30, 2009, the Company?s worldwide operations included nine offshore mobile drilling units located in five regions of the world: offshore Southeast Asia, offshore Africa, offshore Australia, the Mediterranean Sea and the United States Gulf of Mexico. As of September 30, 2009, the submersible Richmond was the only drilling unit working in the United States waters. As of November 24, 2009, the Company?s wholly owned and operating rig fleet included Atwood Eagle, Atwood Hunter, Atwood Falcon, Atwood Southern Cross, Seahawk, Atwood Aurora, Atwood Beacon, Vicksburg and Richmond.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2015 1:25 PM Sell
14.90 18.00
as of 8/27/2015
1 Week down  -4.45 %
1 Month down  -28.06 %
3 Months down  -40.19 %
1 YTD down  -61.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/13/2015 12:25 PM Sell
18.92 18.00
4/8/2014 12:00 AM Buy
47.87 70.00
1/24/2013 1:25 PM Buy
52.81 68.00

(*) Stock Price at the time of the recommendation.
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