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Opinion on  Transocean Inc (RIG)     Sector: Energy  >  Industry: Oil Well Services & Equipment
We will drill for more oil offshore

Sep 25, 2008 08:48 PM GMT
Return Risk
-20.77% MID
Analyst

The gas crunch and recent alert to outr dependance on oil will make us dill offshore. Rig owns one-third of the world's supply of deepwater drilling rigs, and has a $40B backlog - the size of its market cap. It will go up from here.

RIG:  This call was made on 09/25/08 @ $127.02
Rating:   Positive   $127.02 (09/25/08)
Gain/Loss:   -32.74% in 425 days
Target:   $145.00 (+14.16%) in > one year


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