Offshore Drillers: A ‘Beacon of Light?’
July 07, 2015 at 10:03 AM EDT
Much has been made of the inability of offshore drillers like Transocean (RIG) and Diamond Offshore Drilling (DO) to get new contracts for their rigs. That’s what made Atwood Oceanic’s (ATW) announcement of a contract extension such a blast of fresh air. Still, Cowen’s J.B. Lowe and Roland Morris, however, urge investors not to consider [...]
