December 17, 2012
Transocean (NYSE: RIG ) maintains the top spot in the offshore drilling market with more rigs than its closest competitors, Ensco (NYSE: ESV ) and Noble (NYSE: NE ) , and appears well on its way to holding this spot for years to come. With a laser-like focus on ultra-deepwater and high-specification jack-up rigs; a $30 billion backlog; and a reliable customer base, Transocean's future is as bright as one could hope for in this oil and gas services space. In the video below, Fool energy analyst Taylor Muckerman takes an in-depth look at these players.
If you're an energy investor looking for more opportunities, then you should look into one of the more exciting plays in the space: Seadrill. To learn more about Seadrill's strengths and weaknesses, as well as what to expect from the company 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.