Is This Offshore Company a Long-Term Buy?
Hercules Offshore (NAS: HERO) is a company in the right place at the right time. Its jackup rigs in the Gulf of Mexico give it just the right positioning to take advantage of the major shift in the industry away from natural gas and toward liquids like crude oil. But is this a short-term advantage, or will investors want to stay with Hercules for the long run? In this video, Motley Fool energy analyst Joel South takes a look at Hercules' assets and its backlog, and gives us a picture of just what this company looks like on a longer time scale.
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The article Is This Offshore Company a Long-Term Buy? originally appeared on Fool.com.Joel South owns shares of SandRidge Energy. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Apache. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.