| Hercules Offshore is a holding company. Co. is a provider of shallow-water drilling and marine services to the oil and natural gas exploration and production industry. As of Feb 19 2015, Co. conducted its businesses through the following segments: Domestic Offshore, which consisted of 24 jackup rigs in the U.S. Gulf of Mexico; International Offshore, which consisted of nine jackup rigs outside of the U.S. Gulf of Mexico; and International Liftboats, which included 24 liftboats in West Africa and in the Middles East region. Co.'s fleet provides services such as oil and gas exploration and development drilling, well service, platform inspection, maintenance, and decommissioning operations. The HERO average annual return since 2019 is shown above.
The Average Annual Return on the HERO average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether HERO average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the HERO average annual return calculation with any dividends reinvested as applicable (on ex-dates).