February 14, 2025
Transocean (RIG) Inventory: Levered Wager On Deepwater Offshore

Jeremy Poland/E+ through Getty Photos

An funding in Transocean (NYSE:RIG) is a extremely levered guess on enlargement in offshore exercise. Rig pricing is closely depending on utilization, and this, mixed with Transocean’s debt-laden stability sheet, makes the enterprise extremely operationally and financially leveraged.