Hercules Offshore, Inc. provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the United States, Gulf of Mexico and internationally. The Company provides these services to integrated energy companies, independent oil and natural gas operators and national oil companies. In July 2007, the Company completed the acquisition of TODCO. Its operating divisions have been combined with the businesses of TODCO and operate as six divisions: Domestic Offshore, International Offshore, Inland, Domestic Liftboats, International Liftboats and Other. TODCO is a provider of contract drilling and marine services, owned and operated 24 jackup rigs, 27 barge rigs, three submersible rigs, nine land rigs, one platform rig and a fleet of marine support vessels.
HERO seems highly valued with a PEG value of 2.7989, one of the highest in the Oil Well Services & Equipment industry, however their PE is only 19.5925, above the industry median of 14.42.
HERO has typical profitability characteristics for a company in the Oil Well Services & Equipment industry. While it is better than most at converting revenues to profits on a gross and operating basis, its net margin is on only par with the norm.
HERO is overall doing a poor job in comparison to it's peers with a Revenues Per Employee, Return on Equity, and Return on Assets of $315,606.40, 8.19%, and 4.46% respectively. While only average at managing their resources, the company is below average at generating revenues from employees and at managing their owner's equity compared to other companies in the Oil Well Services & Equipment industry.
HERO's debt to total capital ratio, at 37.31%, is in-line with the Oil Well Services & Equipment industry's norm despite its increase over the last year. With an Interest Coverage ratio of 2.79 and a Quick ratio of 1.71 the company should be able to comfortably repay its debt.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.