Transocean Inc.
RIG 83.64 -1.83 (-2.1%)
Transocean is the world's largest offshore drilling contractor. Their fleet is spread throughout the Far East, India, the Gulf of Mexico, the UK, West Africa, the Middle East, the Mediterranean, Brazil, Norway, Australia, Canada, and Venezuela.
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Transocean Inc.
hedgemeister via Twitter
A while ago
Oil prices set to soar, bot RIG, trailing P/E of 6.5, insanely cheap, higher prices mean deepwtr viable
A while ago
lower oil is bad news especially this low for RIG, but they are in position to grow still with lack of oil due to world growth
A while ago
The largest fleet in the world for offshore rig development, planned expansion to offshore oceanographic exploration. My broker says BUY. My social conscience struggles with this one.











