$85.79 1.57 (+1.86%)
12/4/2009 10:03 AM

Transocean, Inc. (RIG)

CAPS Rating: 5 out of 5

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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Member Avatar butcherinthemix (20.20) Submitted: 9/5/2008 6:07:32 PM : Outperform Start Price: $124.85 RIG Score: -21.57

The fundamentals, growth, technical prowess, near monopoly of the deepwater, and effective management will continue to make this heavyweight of the offshore sector continue to be well rewarded for developing the ever dwindling strategic oil resources of the future which the global economy has been built around.

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