LONDON, December 2, 2014 /PRNewswire/ --

Investor-Edge.com has issued free earnings review on Atwood Oceanics Inc. (NYSE: ATW). On November 10, 2014, the company reported its Q4 and full year FY14 financial results (period ended September 30, 2014). Click on http://www.investor-edge.com/FreeReports to read our free earnings review on Atwood Oceanics Inc. (Atwood Oceanics). During Q4 FY14 and for FY14, the company's revenue increased $30.7 million and $110.3 million, respectively, from the corresponding previous year periods. Further, the company's Q4 FY14 diluted EPS grew $0.15 from Q4 FY13. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview

Atwood Oceanics' revenues for Q4 FY14 stood at $323.4 million compared to $292.7 million in Q4 FY13. The company's revenues from contract drilling increased to $304.9 million in Q4 FY14 from $279.3 million in Q4 FY13. Further, Atwood Oceanics' revenues related to reimbursable expenses increased to $18.5 million in Q4 FY14, from $13.4 million in Q4 FY13. The free research on ATW can be downloaded as in PDF format at:

http://www.Investor-Edge.com/ATWFreeReport

The company's total cost and expenses for Q4 FY14 increased to $186.2 million from $166.3 million in Q4 FY13. Despite this, Atwood Oceanics' operating income rose to $137.2 million from $126.4 million in Q4 FY13, and income before taxes rose to $126.4 million from $118.2 million in Q4 FY13. Further, Atwood Oceanics' reported quarter net income increased to $112.2 million, or $1.72 per diluted share, from $101.9 million, or $1.57 per diluted share, in Q4 FY13. Analysts from Bloomberg had expected the company to report net income of $103.6 million, or $1.58 per share, in Q4 FY14.

For FY14, Atwood Oceanics' revenues increased to $1.17 billion from $1.06 billion in FY13. The company's reported revenues fell short of Bloomberg analysts' forecasts of $1.18 billion. Atwood Oceanics' FY14 revenues from contract drilling stood at $1.10 billion compared to $1.02 billion in FY13. Further, Atwood Oceanics' FY14 revenues related to reimbursable expenses increased to $70.6 million from $45.7 million in FY13. Sign up and read the free analyst's notes on ATW at:

http://www.Investor-Edge.com/ATW-02122014

Atwood Oceanics' total cost and expenses for FY14 increased to $735.2 million from $634.2 million in FY13. While the company's operating income for FY14 increased to $438.8 million from $429.5 million in FY13,its income before taxes decreased to $397.3 million in FY14 from $404.8 million in FY13. For FY14, Atwood Oceanics reported net income of $340.8 million, or $5.24 per share, compared to $350.2 million, or $5.32 per diluted share, in FY13. As of September 30, 2014, the company's total assets stood at $4.51 billion compared to $3.66 billion, as of September 30, 2013.

Stock Performance

On the day following the earnings release, November 11, 2014, Atwood Oceanics' stock ended the session at $36.25, down 4.00%. The stock has witnessed mostly a downward movement since then. On the last close, Monday, December 01, 2014, the stock finished 0.34% higher at $32.20, after vacillating between $31.09 and $32.25. A total of 2.35 million shares were traded, which was above its three months average volume of 1.45 million shares. Over the previous three trading sessions and over the last one month, the company's shares have lost 10.65% and 20.79%, respectively. Further, the stock has plummeted 39.69% since the start of 2014. Shares in Atwood Oceanics closed below their 50-day and 200-day moving averages of $39.71 and $46.49, respectively. Furthermore, the stock traded at a PE ratio of 6.58 and has a Relative Strength Index (RSI) of 26.87. Visit Investor-Edge and access the latest research on ATW at:

http://www.Investor-Edge.com/ATWEarningsCoverage

Sneak Peek to Corporate Insider Trading

In the last one month, there were 3 share purchase transactions made by 2 individuals. Between November 13, 2014 and November 20, 2014, a total of 18,500 shares worth $358,350 have been bought at an average price of $19.37 per share. On November 13, 2014, Mey Lovell Mark-Anthony, Senior Vice President and Chief Financial Officer at Atwood Oceanics, purchased 2,500 shares at $35.32 per share and on November 20, 2014, Deborah A. Beck, Director at Atwood Oceanics, bought 16,000 shares at $16.88 per share. Complimentary in-depth research on ATW is available at:

http://www.Investor-Edge.com/ATWInsiderTrading

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