The oil industry bankruptcy wave continues to claim more victims.
News & Analysis: Valaris plc
The industry, which has already seen a few notable bankruptcies, will probably witness many more in the coming months.
Yesterday's near-euphoric rally sent some oil stocks soaring, but today is a sobering reminder of the realities of the market.
Another bad day for crude oil has investors betting that oil drilling contractors will have a tough go of it.
Oil prices are plunging on fears that the coronavirus will impact demand.
A decline in revenues and ongoing cash burn have investors worried today -- and short-sellers licking their chops.
The offshore driller got some good news.
Dual catalysts are driving up the price of crude oil today.
An activist investor is ramping up the pressure on the offshore drilling company.
The offshore oil driller annouced analyst-beating earnings and significant contract adds in the quarter.