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Dallas-based Ensco (NYSE: ESV) reported net income for the quartetrended Dec. 31 of $210.4 million, or $1.389 a share, compared with net incomde in theprior year's fourth quartere of $103.6 million, or 67 cents a share. Analyst s were expecting earningsof $1.29 a on average, according to a poll by Thomson First Call. Revenue rose to $470.6 milliobn from $311.3 million a year ago. The contract drilling serviced company saidits fourth-quarter resultx include $4.
7 million in income from discontinuee operations related to the sale of its Gulf of Mexici platform rig late in the fourth The company said its averagee day rate for its jackup rig fleet increasexd 36 percent to $116,400 from $85,900 in the priorr year's quarter. Use of the company's fleet also grew to 96 percenyt from 87 percentin 2005's fourth quarter. For the the company earned $769.77 million, or $5.04 a share, on revenue of $1.8 billion, compared with 2005 net incomeof $284.9 or $1.87 a share, on revenue of $1.032 billion.
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