Top 5 Penny Companies To Invest In 2015

Top 5 Penny Companies To Invest In 2015: Atwood Oceanics Inc. (ATW)

Atwood Oceanics, Inc., together with its subsidiaries, engages in offshore drilling, and the completion of exploratory and developmental oil and gas wells. The company owns semisubmersible rigs, semisubmersible tender assist rigs, jack-up drilling rigs, and submersible drilling rigs. As of November 22, 2010, it operated nine mobile offshore drilling units located in offshore southeast Asia, offshore Africa, offshore Australia, offshore South America, and the Mediterranean Sea. The company was founded in 1968 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Matt DiLallo]

  Taking action
  Each company responded to the worsening industry in different ways. Seadrill Ltd (NYSE: SDRL  ) , for example, initially thought it could make it through the storm without making any major changes. The company's first action was to announce the delaying of the deliveries of a couple of its newbuild drillships by up to six months. The company said these delays were coming from the shipyards falling behind schedule. While that might be the case, we've seen other offshore drillers like Atwood Oceanics, (NYSE: ATW  ) pay extra fees in order to delay newbuild deliveries by six monthshoping that the extra time would make it easier to find contracts for these rigs.

• [By Ben Levisohn]

  One day after Transocean (RIG) reported solid earnings, offshore drillers like Atwood Oceanics (ATW), Noble (NE) and Seadrill (SDRL) continue to show resilience.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-penny-companies-to-invest-in-2015-2.html