Atwood Oceanics Announces Fourth Quarter Earnings

Atwood Oceanics, Inc. (NYSE: ATW), reports that the Company earned net income of $23,179,000 or $.74 per diluted share, on revenues of $81,817,000 for the quarter ended September 30, 2006, compared to net income of $6,661,000 or $.21 per diluted share, on revenues of $46,124,000 for the quarter ended September 30, 2005. For the year ended September 30, 2006, the Company earned net income of $86,122,000 or $2.74 per diluted share, on revenues of $276,625,000 compared to net income of $26,011,000 or $.83 per diluted share, on revenues of $176,156,000 for the year ended September 30, 2005.



                                                 FOR THE THREE MONTHS ENDED
                                                        SEPTEMBER 30,
                                                   2006              2005

    Revenues                                   $81,817,000       $46,124,000
    Income before Income Taxes                  27,885,000         5,432,000
    (Provision) Benefit for Income Taxes        (4,706,000)        1,229,000
    Net Income                                  23,179,000         6,661,000
    Earnings per Common Share -
          Basic                                       0.75              0.22
          Diluted                                     0.74              0.21
    Weighted Average Shares Outstanding -
          Basic                                 31,044,000        30,584,000
          Diluted                               31,534,000        31,452,000



                                                FOR THE TWELVE MONTHS ENDED
                                                        SEPTEMBER 30,
                                                   2006              2005

    Revenues                                  $276,625,000      $176,156,000
    Income before Income Taxes                  91,836,000        25,608,000
    (Provision) Benefit for Income Taxes        (5,714,000)          403,000
    Net Income                                  86,122,000        26,011,000
    Earnings per Common Share -
          Basic                                       2.78              0.86
          Diluted                                     2.74              0.83
    Weighted Average Shares Outstanding -
          Basic                                 30,936,000        30,412,000
          Diluted                               31,442,000        31,220,000
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Sr. Electronics Engineer
Expertise: Electrical Engineering|Engineering Manager
Location: Houston, TX
 
United States Midland: Account Rep, Bus Dev
Expertise: Business Development|Sales
Location: Midland, TX
 
United States Midland: Account Rep, Bus Dev
Expertise: Business Development|Sales
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours