For investors looking to ride the energy wave, the contract drillers are tough to beat. Since the demand for deepwater rigs is particularly stunning, and dayrates keep running higher, I thought it would be instructive to look at some deals just announced over the past week or so.
As mentioned here, Transocean
Next came an announcement from Noble
Further rounding out the offshore drilling picture is Atwood Oceanics'
In short, my fellow Fools, it would be hard to go far wrong by picking up shares of any of the three drillers mentioned above. Of course, Noble happens to be a personal favorite, not least because of its seat at the Brazilian feast.