National-Oilwell Varco, Inc. (NOV), Transocean LTD (RIG): One Stock to Play the End of Easy Oil

Though the trial is ongoing, it illustrates the financial and reputational damage that can follow when a piece of equipment fails and leads to a major disaster. Suffice it to say that all parties involved, including BP plc (ADR) (NYSE:BP), which operated the rig, Transocean LTD (NYSE:RIG), which built and staffed the rig, and Halliburton Company (NYSE:HAL) , which was placed in charge of cementing and monitoring the well, have suffered a hit to their reputations as a result of their involvement in the oil spill.

The article 1 Stock to Play the End of Easy Oil originally appeared on Fool.com is written by Arjun Sreekumar.

Fool contributor Arjun Sreekumar has no position in any stocks mentioned. The Motley Fool recommends Halliburton, National Oilwell Varco, and Statoil and owns shares of National Oilwell Varco and Transocean.

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