Transocean Ltd. Looks Like a High-Risk, High-Reward Bet on Oil Prices

For drilling stocks like Transocean Ltd (NYSE:RIG), the past few years have shown just how risky the sector can be. RIG stock has dropped 72% in the past five years — and 91% in the last ten. Peers Noble Corporation PLC (NYSE:NE), Ensco PLC (NYSE:ESV), and Diamond Offshore Drilling Inc (NYSE:DO) are also having a tough time. …read more

Source:: Yahoo Finance


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