2 Offshore Drillers Moving in Different Directions
In this segment of The Motley Fool's energy-focused show, "Digging for Value", energy analysts Joel South and Taylor Muckerman discuss two companies that have been moving in opposite directions over the past three months. Transocean is down 13% on top of being downgraded by Wall Street firms. On the other hand, Seadrill is up 10% and prospects couldn't look better. While the deepwater drilling market might soften up in the near term, is Transocean still a good buy or should investors hop ship and sail with Seadrill? Check out the video below for more insight into the offshore services market.
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The article 2 Offshore Drillers Moving in Different Directions originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman owns shares of Ensco. The Motley Fool recommends Seadrill. The Motley Fool owns shares of Seadrill and Transocean. 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.
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