Hercules Offshore Exiting Onshore Drilling

Hercules Offshore (NASDAQ: HERO  ) is one of only a few companies left that focuses on shallow water drilling. But even now it's moving away from onshore shallow water by selling rigs that have little use to the company. This is a good move right now but does it make Hercules a top drilling stock? Fool.com contributor Travis Hoium took a look at Hercules' recent $45 million asset sale and discovered that there are still better drilling buys out there. 

If you're an energy investor on the lookout for new opportunities, then you should consider one of the more exciting plays in the space: Seadrill. To help you size up this stock, one of The Motley Fool's top Stock Advisor analysts has authored a premium research report on the company, covering everything from its strengths and weaknesses to what to expect going forward. Simply click here now to claim your copy and determine whether Seadrill deserves a place in your portfolio.


Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 31, 2013, at 1:25 PM, ezboxbreaks wrote:

    This is the dumbest article i've ever seen! seadrill is currently at it's ALL TIME HIGH!!! and you sit here telling us...it's a "better buy" than a great company like Hercules that has investment room to grow?!?!?! gimme a break pal. How does one make money on a company that is already "maxes out" ??? it simply DOESN'T.

Add your comment.

DocumentId: 2459966, ~/Articles/ArticleHandler.aspx, 4/18/2014 9:36:48 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement