Transocean: ‘Excellent News…Adds Legs’ to Outperformance

Last night, Transocean (RIG) and Halliburton (HAL) reached an agreement with BP (BP) that could put claims from the Deepwater Horizon oil spill behind them once and for all. Zephirin Group’s Longdley “Lenny” Zephirin is excited for Transocean: Gerald Herbert/Associated Press We view the $212 million of the settlement reached with the Plaintiff Steering Committee [...]