Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, offshore drilling giant Transocean
With that in mind, let's take a closer look at Transocean's business and see what CAPS investors are saying about the stock right now.
|Headquarters (Founded)||Vernier, Switzerland (1953)|
|Market Cap||$20.6 billion|
|Industry||Oil and gas drilling|
|Trailing-12-Month Revenue||$9.14 billion|
|Management||CEO Steven Newman (since 2010)
CFO Ricardo Rosa (since 2009)
|Return on Equity (Average, Past 3 Years)||13.6%|
|Cash/Debt||$3.8 billion / $11.3 billion|
Helmerich & Payne
Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
A few months ago, ajjax touched on the factors working in Transocean's favor:
Demand for deep water drilling will increase in the upcoming years. They have the biggest and best fleet among the drilling companies. Consequently Transocean will benefit greatly.
Currently, Transocean even trades at a cheapish price-to-cash flow of 6.5. That represents a discount to industry peers like Ensco (10), Helmerich & Payne (10), and Weatherford (15).
CAPS member n8barns elaborates on the bull case:
RIG has most of the worst year in company history behind them. With the rising cost of oil, RIG will have more ability to bargain for higher day-rates on contracts and also more demand for its deep-water platforms. The BP lawsuit will take years, and most likely will be settled for a fraction of the initial amount. Unless oil and nat gas become obsolete, RIG's services will remain in high demand for many years to come.
What do you think about Transocean -- or any other stock, for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
Fool contributor Brian Pacampara owns no position in any of the companies mentioned. The Motley Fool owns shares of Transocean and Ensco.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.