The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.

What is the future for the drilling industry, and how will Transocean be affected over the long haul? Dave ranks Transocean #5 on his list of top energy stocks because of the company's solid capabilities. The video concludes with Dave's long-term outlook for Transocean.

David Meier has no positions in the stocks mentioned above. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Transocean. 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 Motley Fool has a disclosure policy.