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

Rating:
Outperform
ATW
down 38.71 %

Atwood Oceanics, Inc. (ATW) rated Outperform with price target $42 by Oppenheimer

Posted on: Monday,  Nov 22, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Atwood Oceanics, Inc. (NYSE: ATW) on 11/22/2010. Previously Oppenheimer rated Outperform Atwood Oceanics, Inc. (NYSE: ATW) on 09/10/2009.,
when the stock price was $29.83. Since then, Atwood Oceanics, Inc. has lost 38.72% as of 01/11/2016's recent price of $18.28.
If you would have followed the previous Oppenheimer's recommendation on ATW, you would have lost 38.71% of your investment in 2314 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/22/2010 8:25 AM Buy
None
34.95 42.00
as of 12/31/2010
1 Week up  1.06 %
1 Month up  6.32 %
3 Months up  24.30 %
1 YTD up  5.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2009 8:25 AM Buy
None
29.83 41.00
1/11/2008 8:25 AM Hold
None
48.62

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