Of the 5 companies, ESV, with the largest percentage of shallow water rigs, was the most affected, experiencing a 15.2% decline in sales in 2009 followed by another 10.2% decline in 2010. RIG's 17.3% decline in 2010 was partially due to the BP Macondo well blowout in the Gulf of Mexico involving their...
FULL ARTICLE AT The Motley Fool