NEW YORK ( TheStreet) -- Not all earnings reports have a dramatic flare to them. But one of the most controversial energy companies, Chesapeake Energy (CHK - Get Report), steps into the earnings spotlight early Thursday.I'm not going to regurgitate all the old news about CHK. Wednesday, the drama continued in a positive way as an investigation by CHK's board of directors into outgoing CEO Aubrey McClendon's personal financing deals with company partners determined the deals didn't benefit McClendon improperly or cost the company directly.
Another energy company that reports Thursday is not the most glamorous in its sector but it does consistently make money and even a few headlines. Ensco (ESV - Get Report) hit a new 52-week high Thursday as it closed at $65.25. ESV provides offshore contract drilling services to the oil and gas industry worldwide. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Its forward, one-year PE is an appealing 9.06. Analysts expect a 19% increase in earnings per share over the year-ago quarter. When it comes to sales growth and revenue, those same 35 analysts are looking for a year-over-year quarterly sales growth increase of 8.7%. That would mean a quarterly revenue number of about $1.09 billion. That, by the way, would bring the 2012 revenue growth to almost a 52% gain. Impressive! Make smarter trading decisions and provide investment ideas that could help make you richer. Bryan Ashenberg does the dirty work so you don't have to!