1. As of noon trading, Ensco ( ESV) is down $2.06 (-3.5%) to $55.96 on heavy volume. Thus far, 2.7 million shares of Ensco exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $55.52-$57.71 after having opened the day at $57.66 as compared to the previous trading day's close of $58.02. Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jackups, and Other. Ensco has a market cap of $13.7 billion and is part of the basic materials sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 2.1% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Ensco a buy, 1 analyst rates it a sell, and 9 rate it a hold. TheStreet Ratings rates Ensco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Ensco Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).