In this video, Motley Fool Energy Analyst Taylor Muckerman tells us about Seadrill's (NYSE: SDRL ) big new $590M purchase: an ultra-deepwater semi-submersible rig. Muckerman tells us how this should have an immediate impact on both the company's cash flow and overall finances. He also discusses some other expansion plans for the ultra-deepwater sector.
If you're an energy investor looking for exciting opportunities, then you should look into one of the more exciting plays in the space: Seadrill. To learn more about the strengths and weaknesses of this company, as well as what to expect from Seadrill going forward, be sure to check out this brand-new premium report put together by one of our top Stock Advisor analysts. Click here to get started.