Pacific Drilling IPO Advisory

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For IPO Boutique's "scale of 1 to 5" BUY rating on Pacific Drilling, and our comprehensive analysis, click the "Buy Market Research" link.
Company
Symbol
Price Range
Open
Shares
Trade Date
Pacific DrillingPACD
[ NYSE ]
Priced at $8.25 $8.256 million11/11/2011
Underwriter(s):
Morgan Stanley, Deutsche Bank Securities
Co-Manager(s):
DNB Nor, Howard Weil, Pareto Securities, Simmons & Co.

About Pacific Drilling (adapted from Pacific Drilling prospectus):
Pacific Drilling is an international offshore drilling company committed to becoming a preferred provider of ultra-deepwater drilling services to the oil and natural gas industry through the use of high-specification drillships. Their primary business is to contract their ultra-deepwater drilling rigs, related equipment and work crews, primarily on a dayrate basis, to drill wells for their customers.

This description is adapted from Pacific Drilling prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus..


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