The following video is part of our "Motley Fool Conversations" series, in which senior analyst Matt Argersinger and analyst Paul Chi discuss topics across the investing world.
Ongoing troubles in the eurozone, slowing growth in China, and a struggling economy in the U.S. have led to a 20% drop in oil prices over the past three months. The stock prices of many energy companies have come down even more, creating bargains in some well-managed names that should see their stocks rebound sharply on even a modest recovery in oil prices. In today's video, Matt and Paul discuss one offshore drilling specialist that looks particularly compelling right now. With cheap sources of oil becoming harder and harder to find, corporations and governments are looking increasingly offshore for their energy needs. Find out why today's stock is primed to prosper on that trend.
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