Stick With Seadrill, Atwood for 2016 Recovery: Morgan Stanley

In the Eurythmics “Here Comes That Sinking Feeling,” Annie Lennox sang, “Have you ever heard the sound of disappointment…It like to leave a scar before it goes.” The band was singing about love, but it’s words could easily describe what’s happening to offshore drillers like Seadrill (SDRL), Atwood Oceanics (ATW), Noble (NE) and Ensco (ESV). [...]