We came across a bullish thesis on Transocean Ltd. on TheOldEconomy Substack’s Substack by Mihail Stoyanov. In this article, we will summarize the bulls’ thesis on RIG. Transocean Ltd.'s share was trading at $4.4100 as of November 28th. RIG’s forward P/E was 18.15 according to Yahoo Finance.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. RIG presents a compelling investment case driven by catalysts that create nonlinear upside potential. The company has strategically...
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