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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 ...
Drilling down into the offshore drilling segment of the oil and gas industry. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
The offshore drilling market is expected to grow at a compounded annual growth rate of 10.6%, from $73.1 billion in 2013 to $121.1 billion in 2018. 3 Energy Stocks with Significant Upside ...
The company had not had a profitable quarter in more than five years. In 1990, Zapata Offshore sold 12 of its drilling rigs to Arethusa Offshore, which a few years later merged with Diamond Offshore. Still struggling with debt by 1993, Zapata signed a deal with Norex America to raise more than $100 million through a loan and stock sale.
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 ...
Also in 1982, the company took delivery of Odyssey. The rig suffered a blowout in 1988. [6] In 1991, Murphy Oil acquired the company. [7] In 1992, Diamond Offshore Drilling acquired the company from Murphy Oil for $358 million. [8]
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 ...
Constructive fundamentals in the Zacks Oil and Gas - Drilling industry has provided the operators with critical growth tailwinds over the medium to long term. This should benefit the likes of HP ...