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$143.04 0.92 (0.65%)
7/18/2008 1:02 PM

Transocean, Inc. (RIG)

CAPS Rating:
*****

The Company is an international provider of offshore contract drilling services for oil and gas wells. Its primary business is to contract the drilling rigs, related equipment and work crews primarily on a dayrate basis to drill oil and gas wells.

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Avatar nycdave (50.12) Submitted: 5/14/08 1:01 PM : Outperform Start Price: $151.22 RIG Score: 6.15

A little worried that deferred maintainance of equip could catch up to them -- but since its being deferred because of high demand rather than lack of cash, I'm not concerned over the long-run. Practically printing money for the time being...

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