We came across a bullish thesis on Transocean Ltd. on Deepwater Insight’s Substack by Tommy Lee. In this article, we will summarize the bulls’ thesis on RIG. Transocean Ltd.'s share was trading at $3.1 as of September 29th. RIG’s trailing P/E was 18.15 according to Yahoo Finance.
[caption id="attachment_828216" align="aligncenter" width="900"]Transocean (RIG) is a leading deepwater driller with a top-tier fleet, including two 8G drillships with 20k-psi completion capability, eight ‘7G+’ drillships with 1,400-st hookload, and seven...
Create a free account, or log in to read the full article
No credit card required.
We may use your email to send marketing emails about our services. Click here to read our privacy policy.