Q: I am interest in expanding my oil and gas investments to the service side of the oil and gas sector. Would you be able to compare three drilling companies that I am considering. I am interested in PD and NBR for on shore drilling and RIG for offshore. I would prefer a company that is profitable or projected to be soon. The focus is on growth and less on dividends. A fair amount of risk can be handled. Please compare information on these three companies.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Thoughts on Transocean Ltd right now?
Thanks
Thanks
Q: This offshore drilling company (Transocean) stock price has increased 111% over the past 12 months.
Many rigs are still on previous leases at much lower prices/day rates than the current new leases being executed.
Assuming rig count stays the same (does not increase like it did in 2022), but expiring leases renew at recent rates with existing or new customers, what is the fundamental outlook for the next 3 years or so (approximately)?
The stock price has been very volatile...$0.81 in October of 2020, $84 in 2011, and currently at $7. Trying to get a better grasp on the fundamentals here in the above scenario that should translate to the stock price...
Many rigs are still on previous leases at much lower prices/day rates than the current new leases being executed.
Assuming rig count stays the same (does not increase like it did in 2022), but expiring leases renew at recent rates with existing or new customers, what is the fundamental outlook for the next 3 years or so (approximately)?
The stock price has been very volatile...$0.81 in October of 2020, $84 in 2011, and currently at $7. Trying to get a better grasp on the fundamentals here in the above scenario that should translate to the stock price...
Q: Given the reversal in sentiment for the energy sector, what's your views on Transocean Ltd. (RIG) at this time?
Thanks
Thanks
Q: Can I have your thoughts on Transocean (RIG) please. What is their debt levels like/threat of bankruptcy? Are they currently making any money? Is this a good entry point? Any chance of them ever seeing their highs again?
DON
DON
Q: Some analysts appear to prefer the 'drillers' instead of oil companies.
Would there be any upside left in the above-mentioned names?
Which rating would you give these three?
Thanks, as always!
Would there be any upside left in the above-mentioned names?
Which rating would you give these three?
Thanks, as always!
Q: Do you have an opinion on RIG, its price has fallen quite a bit, the yd is quite high. Would you consider buying it here. Thanks very much.
Q: I have very little US exposure and considering a position in transocean (rig) it seems to be trading in the lower end of its range since the gulf spill with a slight uptick lately pays a nice div. could you give me your opinion please and would you consider the div. safe.
Q: For tax loss selling I am thinking of selling Trans Ocean (RIG) and buying Ensco PLC (ESV). Do you think this is a sensible switch?
Also in terms of the backdrop to this choice do you think its generally better to favour the UK market as opposed to the US. Bearing in mind the Cyclic Shiller PE is 50% over its long term average for the S&P 500 but under long term average for the FTSE and last week it was reported the UK has the fastest growth in the G8.
Also in terms of the backdrop to this choice do you think its generally better to favour the UK market as opposed to the US. Bearing in mind the Cyclic Shiller PE is 50% over its long term average for the S&P 500 but under long term average for the FTSE and last week it was reported the UK has the fastest growth in the G8.