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Transocean (RIG) has a strong liquidity buffer and an order backlog of $6.5 billion. This provides clear revenue visibility. Borr Drilling (BORR) has a robust EBITDA guidance for 2022 and the ...
The offshore drilling business has had its ups and downs as it returns to a more normal state nearly two years after the Gulf of Mexico oil spill. Some rig owners such as Transocean (NYS: RIG ...
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With the supply side showing signs of stabilization, the demand side of the market is needed to play a pivotal role in pushing crude prices above $50 per barrel from the current level of around $40.
Valaris Limited (previously ENSCO-Rowan plc) is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world, and owns 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs. [1]
With the offshore energy industry looking ready to turn the corner toward growth, we have hand-picked a few stocks for you to monitor going into 2019. 3 Stocks to Focus on Path to Offshore ...
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It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through. 5 Reasons Offshore Drilling Stocks are Poised for a Rebound ...