USA: Atwood Oceanics Announces Earnings for Fiscal Year 2010 and 4th Q Ended September 30, 2010


Atwood Oceanics, Inc. , Houston-based international drilling contractor, announced today that the Company earned net income of $64,229,000 or $0.99 per diluted share, on revenues of $160,613,000 for the quarter ended September 30, 2010 compared to net income of $48,284,000 or $0.75 per diluted share, on revenues of $131,044,000 for the quarter ended September 30, 2009.

For the twelve months ended September 30, 2010, the Company earned net income of $256,996,000 or $3.95 per diluted share, on revenues of $650,562,000 compared to net income of $250,745,000 or $3.89 per diluted share, on revenues of $586,507,000 for the twelve months ended September 30, 2009.

Atwood Oceanics, Inc. is an offshore oil and gas drilling company. It participates in drilling in exploratory regions around the world. Atwood Oceanics Pacific Limited (A.O.P.L.) and related subsidiaries of Atwood Oceanics, Inc. make up what is referred to as the Atwood Group.

Source: Atwood Oceanics, November 19, 2010;

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