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2 Offshore Drillers Moving in Different Directions

In this segment of The Motley Fool's energy-focused show, "Digging for Value", energy analysts Joel South and Taylor Muckerman discuss two companies that have been moving in opposite directions over the past three months. Transocean (NYSE: RIG  ) is down 13% on top of being downgraded by Wall Street firms. On the other hand, Seadrill (NYSE: SDRL  ) is up 10% and prospects couldn't look better. While the deepwater drilling market might soften up in the near term, is Transocean still a good buy or should investors hop ship and sail with Seadrill? Check out the video below for more insight into the offshore services market.

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$100 oil is here to stay and offshore drillers are primed to profit. To help investors get rich off of rising oil prices, our top analysts prepared a free report that reveals three stocks that are bound to soar as oil prices climb higher. To discover the identities of these stocks instantly, access your free report by clicking here now.

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Related Tickers

8/26/2016 4:00 PM
ESV $7.80 Down -0.11 -1.39%
Ensco CAPS Rating: *****
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Noble CAPS Rating: ****
RIG $10.09 Up +0.02 +0.20%
Transocean CAPS Rating: ****
SDRL $2.61 Down +0.00 +0.00%
Seadrill CAPS Rating: ***