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Opinion on  Transocean Inc (RIG)     Sector: Energy  >  Industry: Oil Well Services & Equipment
Drillers will continue to see high demand...

Nov 17, 2008 07:14 PM GMT
20105205_1_
Return Risk
+19.30% LOW
Analyst

Especially those able to drill in very deep water.  Our U.S. Congress may have their head in the sand on drilling but most companies worldwide are developing their resources as fast as possible.  Worldwide demand for oil may be retreating for a while but eventually high demand will return. 

RIG is the biggest and has the best fundamentals among the drillers.


RIG:  This call was made on 11/17/08 @ $72.28
Rating:   Positive   $72.28 (11/17/08)
Gain/Loss:   +22.44% in 358 days


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