Russia Just Made This Company a Top Energy Stock Overnight

Getting one rig contract for several years is a major score for a company, so when Rosneft recently announced that it was going to contract North Atlantic Drilling's entire fleet for several years as part of its intention to take a 50% stake in Seadrill , it possibly vaulted North Atlantic Drilling to the top of the ranks among rig company investments. Of course, it's not a coincidence that Rosneft has selected North Atlantic to do a majority of its future drilling program. The unique fleet of offshore rigs has put it in that position.

Find out why North Atlantic's fleet was so compelling for Rosneft and what investors should watch for as part of this deal by tuning into the video below. 

OPEC and Russia are absolutely terrified of this game-changer
Oil and gas production from places all over the world is changing the dynamics of the market. Much of that movement has been thanks to major strides in oil and gas drilling technology, and one behind-the-scenes energy giant is at the epicenter of this movement. Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click here to uncover the name of this industry-leading stock.

The article Russia Just Made This Company a Top Energy Stock Overnight originally appeared on

Tyler Crowe owns shares of Seadrill. You can follow Tyler at under the handle TMFDirtyBird, on Google +, or on Twitter,@TylerCroweFool. 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.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story