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Transocean: A Solid Backlog Bridges The Gap To 2027
RIGTransocean(RIG) Seeking Alpha·2025-02-21 14:30

Transocean (NYSE: RIG ) has a high spec fleet and long contract backlog to help it weather the cyclical downturn in the offshore drilling market. As the economic cycle in the oil industry continues to shift, RIG's fleet is wellI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate pr ...