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Transocean Ltd. (RIG): A Bull Case Theory 

We came across a bullish thesis on Transocean Ltd. on Value Degen’s Substack by  Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on RIG. Transocean Ltd.'s share was trading at $4.8700 as of January 8th RIG’s forward P/E was 18.15 according to Yahoo Finance.

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Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. RIG latest fleet status report...