Speculating about Seadrill
Over the past few years, Noble
Perhaps that's about to change.
Fredriksen was quoted by Bloomberg today as saying that he's "looking at everything that is reasonable." The Norseman specifically pointed to Transocean
There are plenty of more digestible drilling firms out there, including Atwood Oceanics
The drillers' share prices are popping across the board today. My question for Mr. Fredriksen is this: If you're really looking to buy one of your competitors, why would you talk about it?
Fool contributor Toby Shute doesn't have a position in any company mentioned. Check out his CAPS profile or follow his articles using Twitter or RSS. The Fool owns shares of Ensco and Noble. True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Motley Fool has a disclosure policy.