Credit Suisse Notes Top Picks and Misses for Offshore Drillers

In a report published Friday, Credit Suisse analyst Gregory Lewis reviewed the “Beaten, Battered and Bruised” offshore drillers. Lewis noted that offshore drillers are underperforming the OSX in 2014 by approximately 3% year-to-date, after a disappointing 2013, where the sector underperformed by approximately 15%. Credit Suisse downgraded Atwood Oceanics(NYSE: ATW )