1 Offshore Driller's Bright Future

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.

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Read/Post Comments (2) | Recommend This Article (4)

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  • Report this Comment On December 19, 2012, at 3:11 PM, artmuseum wrote:

    Claiming RIG top banana in the drilling field is risible.

    SDRL has great Enterprise value + cash flow + the most state of the art fleet. Most of all, it has John Fredriksen.

    Zero him out of such an equation = do it at your own peril.

  • Report this Comment On December 27, 2012, at 5:07 PM, TMFrunAMuck wrote:

    For complete transparency, my top pick in offshore drilling is Ensco plc (NYSE: ESV).

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