RE:RE:RE:RE:RE:FWIW Recognition...The pricing will get better on the service rigs as bottom of maket LT contracts roll off and fewer players involved due to m+a. I just don't think mgt was being realistic in their low-ball 2017 m+a approach. They were rumored to be in talks on and off to acquire ESN in late 2015 thru July 2016. I'd urge them to take a page out of TOT's playbook and if they in fact think a fair offer has been made then by all means go public with a hostile bid. Investors in the space are screaming for deals to happen. I'm surprised that TOT hasn't come knocking on HWO's door.
Risus76 wrote: All valid points. Remarkably, they have been reluctant to increase their dividend, which suggests that they are looking to employ that accumulating capital to drive growth hopefully through acquisitions (choice of CEO). With thin margins, they must indeed grow as market share and scale matter evermore. Surely, Cyrus would be in favor of a dividend hike. Unless, of course, they are planning to take the company private...