Atwood Reports Increased Net Income

Atwood Oceanics, Inc., announced today that the Company earned net income of $101.9 million or $1.57 per diluted share, on revenues of $292.7 million for the quarter ended September 30, 2013.

This is compared to net income of $90.0 million or $1.37 per diluted share on revenues of $272.7 million for the quarter ended June 30, 2013 and compared to net income of $95.5 million or $1.45 per diluted share, on revenues of $252.5 million for the quarter ended September 30, 2012.

For the twelve months ended September 30, 2013, the Company earned net income of $350.2 million or $5.32 per diluted share, on revenues of $1,063.7 million compared to net income of $272.2 million or $4.14 per diluted share, on revenues of $787.4 million for the twelve months ended September 30, 2012.

Atwood Oceanics, Inc. is an offshore oil and gas drilling company. It participates in drilling in exploratory regions around the world.

The Company owns 13 mobile offshore drilling units.

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Press Release, November 08, 2013