After Seadrill, Will Transocean and Diamond Offshore Think Twice About Suspending Their Dividends?

Credit Suisse analysts Gregory Lewis and Neesha Khanna think Transocean (RIG) and Diamond Offshore (DO) “will think twice about an outright suspension” of their dividends after watching what happened to Seadrill (SDRL). They explain: Bloomberg News With the duration of the down-cycle uncertain, we expect companies to start to conserve cash. Think dividend cuts (Transocean and Diamond Offshore [...]