We came across a bullish thesis on Transocean Ltd. (RIG) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on RIG. Transocean Ltd. (RIG)’s share was trading at $3.19 as of Feb 25th. RIG’s forward P/E was 18.15 according to Yahoo Finance.
An oil derrick in the North Sea, revealing the scope of the company’s drilling operations.
Transocean’s CEO, Jeremy Thigpen, is stepping down after nearly a decade at the helm, marking the end of an era in...
