Why We’re Still Bearish on Offshore Contract Drillers
Weak demand, a wave of contract expirations and excessive leverage are all reasons to remain bearish on offshore contract drillers. Investors should continue to avoid these value traps.
Weak demand, a wave of contract expirations and excessive leverage are all reasons to remain bearish on offshore contract drillers. Investors should continue to avoid these value traps.
Elliott and Roger on May. 25, 2022
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Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor